TPP330: Brutal truths about property that no-one else will tell you
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 11 July 2019
⏱️ 21 minutes
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Summary
Transcript
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| 0:00.0 | Warning. This is the Property Podcast, but not as you normally know it. |
| 0:07.0 | This week we're being brutal. We are not holding back and we're just going to tell you as it is. Welcome to the Property Podcast where every Thursday property investors come to be informed and inspired. I'm Rob D with Rob B and this |
| 0:24.9 | week we are dropping some truth bombs. You will learn all the ways in which slick marketing |
| 0:29.1 | can lead you astray. You'll learn all the things that can go wrong. You'll learn about the frustrations of being a property investor. |
| 0:35.0 | But stick with us, it's not all negative, and at the end we've got a completely free service that you can use to make sure that you get on the right track. |
| 0:42.0 | So at last we have a new story where... to make sure that you get on the right track. |
| 0:48.0 | So at last we have a new story where we're not ripping apart the headline and getting angry about what's been produced. We've actually got an interesting article from Property Investor today, which looks at the best UK university towns and cities for Property |
| 0:55.4 | Investments. |
| 0:56.4 | Now the way they've ranked these Universities and Towns is unclear. |
| 0:59.8 | They've used Yield, for example, but they've also looked at capital growth potential. |
| 1:03.6 | Now the areas that aren't doing well may not come as a shock to you. |
| 1:07.2 | It's Oxford and Cambridge are ranked near the bottom and that's because in those areas |
| 1:11.8 | they've seen a lot of price growth over the last few years, |
| 1:14.4 | the yields are very low, so it's unattractive. But Rob, the place that came out top is an area that we've not really talked |
| 1:21.5 | about a lot in the past and possibly want to watch for the future. |
| 1:24.5 | Yeah that's Newcastle, which if you were getting all your geography from the Property Podcast, |
| 1:28.5 | you'd never have heard of before because we've never mentioned it and we've kind of ignored the Northeast in general. |
| 1:34.9 | We spent a lot of time talking about the Northwest and the Midlands and that's because of |
| 1:38.9 | where we are now and what we see is being ahead in the cycle over the next few years. |
| 1:43.2 | But there are other areas that are further behind at the moment that are primed to do |
| 1:47.6 | very well. And later in the cycle, Newcastle could easily be one of those places. |
| 1:52.0 | Because it's got loads going for it, the prices are lower, and therefore yields are higher. |
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