Investigation is key
Hi Mark
I live in South London, very close to Bromley. I took a quick look at the website, I could only see plots in Keston, which is not New Addington.
The site seems interesting, but I personally would want lots and lots of information before I part with my hard earned cash and I would never ever by blind.
Bromley and Keston are good affluent areas where property and land prices are going up by about 5% - 6% per year, but there are some questions I would be asking first:
Why is the plot so cheap in an area where the average house price is £250,000 and in Keston the prices go above the millions.
Does the land have any form of planning premission for building, if not, all you own is a piece of land that you can do nothing with. That does not mean the value will not rise, but how much will it rise by.
Are you issued with title deeds for the land, if not then you don't actually own it.
I hope this helps a little, if i can be of further help just ask.
Regards
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