Scotland's 'cheapest' experiencing mini-boom
As mentioned in a previous post, the former mining town of Lochgelly in Fife was one of the cheapest places to buy in the UK, with average house prices falling below the 100k mark.
However, it is now experiencing a mini-boom thanks to people clamouring to snap up these cheaper properties. Local estate agents say it is only a matter of time before the average house price in Lochgelly, in the heart of Gordon Brown's constituency, breaks through the £100,000 barrier.
After its inclusion in several lists of the best places in the UK to invest in property, interest in buying former council houses in Lochgelly has gone through the roof. Angela Lawrie, valuer at Delmor Estate Agents in Cowdenbeath said being labelled the cheapest town in Britain had definitely focused more attention on Lochgelly.
However, it is now experiencing a mini-boom thanks to people clamouring to snap up these cheaper properties. Local estate agents say it is only a matter of time before the average house price in Lochgelly, in the heart of Gordon Brown's constituency, breaks through the £100,000 barrier.
After its inclusion in several lists of the best places in the UK to invest in property, interest in buying former council houses in Lochgelly has gone through the roof. Angela Lawrie, valuer at Delmor Estate Agents in Cowdenbeath said being labelled the cheapest town in Britain had definitely focused more attention on Lochgelly.
posted by ew at
9:03 AM
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