Is it worth purchasing property in Gravesend?

Answer 1

It depends on why you want to purchase the property in the first place. I think the following are good reasons:

If your place of work is there or within reasonable commuting distance (ie less than an hour).

If it is for investment purposes then if my memory serves me well then I seem to recall that Gravesend is within a regeneration area (you may wish to check on this). That being the case then the property prices are likely to increase just a bit more than the national average.

If Gravesend or the surrounding areas are earmarked for accommodation/training facilities for the London Olympic Games then this will have a great impact on prices.

Regardless of where you wish to purchase a property, I strongly recommend you take a look at the following website as it will give some useful info on the neighbourhood:

http://www.upmystreet.com/

Answer 2

buying property is always a good investment, regardless of location... just depends on the price ... for instance you won't pay $1mil for swamp land, but may pay $1K for swamp land if you are a duck hunter

Answer 3

na i wouldnt bother