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yep, late 2007. never really had problems getting tenants but capital gain? nada. exact location is one mile.

yes, i overpaid in hindsight. the exact location is one mile. oddly enough the house was not affected by the flooding, but council in its wisdom has decided the whole area flood prone and hence falling prices. needless to say lesson learnt.

ipswich areas hi, just saw the areas you're looking at. my experience in this has been rather mixed. bought a IP about ten years ago for the same price as you are thinking off. it has gone BACKWARD!! yes, backward. the cost was 345k including costs, rent 350 pw. with costs, agents fees...