Why Is Property Ridiculously Cheap Here?

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Published 2024-05-31
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The land of ridiculously cheap property.

I was back in Blackpool with my good friend ‪@somewheredifferent‬ who offered to show me round talk more about why it is so cheap to buy here, and also look at some of the huge old hotels that are currently selling for super cheap.

One has 62 ensuites, on the beach front and is valued at less than half a million pounds.

Is it official? Is Blackpool the cheapest place, by sqaure foot, to buy housing. Let me know if you know somewhere cheaper. I'd be really interested to come check it out

Duncans got a cracking video out where he buys a suit in Egypt for his daughters wedding -    • Cairo tailored suit for £20. Will I m...  

Until next time,

W.T

#seaside #abandoned #cheap #property #blackpool

All Comments (21)
  • @CameronFussner
    Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
  • @Damaz22
    Duncan is what you call a true entrepreneur. Took a risk that people thought he was crazy to do but with a bit of foresight and initiative, he's made money AND regenerated the town. Well done 👏
  • @marcbeebe
    People who complain about the negative aspect of some of your videos don't realize that what you're on about isn't so much how bad things are but how much better they could be. This video highlights a success story; a little investment comes up a winner. Keep up the good work!
  • @Arctic_Fox_NFFC
    I sense a theme here. Return visits with a local guide :-) It's particularly nice that you celebrate a guy like Duncan who has put his OWN MONEY into revitalising an area. Because the government and council sure as hell ain't gonna do it. And he's bringing in folks from all over the world.
  • Born and bred in Blackpool. Thank you for showing Blackpool in a good light. It can be a great place to live. We just need more people like Duncan. My partner and i have spent the past 35 years turning a former 10 bedroom DSS hostel into a very successful Luxury B&B.😊
  • @mjh5437
    I remember in the 1960s-1970s when a lot of streets in Notting Hill and Kensington looked just as grotty as Blackpool does now,but look at those streets now,they`re immaculate and you can`t even buy a little terraced house for less than £1 Million,and with more positive people like Duncan showing a bit of foresight and optimism places like Blackpool could come back one day too.
  • The older guy knows what he's doing for sure. He enjoys the water and all the things around him after being on the desert
  • @castlegate2015
    With everyone 'working from home' and the 'housing crisis' there really shouldn't be one empty property in the entire UK let alone in a seaside town.
  • @jamesdc1993
    My grandparents from Leeds who are in their 80s had their honeymoon in Blackpool. I asked my granddad before he died why that was and he told me that it was a really nice place at the time, and that travel abroad was very expensive.
  • @Dahni555
    As a Gen 1 Digital Nomad and long time fan of the channel, I highly support this initiative and content!
  • @yieldtothenight
    My daughter got a flight to Ibiza for about €50 return on easy jet. It's €100 return from London to Blackpool on the train. Trains are too expensive in the UK and that's partly why people would rather holiday in Spain with flights being so cheap.
  • @davetaylor4741
    Good to see this guy has made a go of it. And is providing a good service. He has found a niche market that works. Could it scale up to a 62 room set up. Not so sure. Blackpool in the sun is fine. Blackpool in the Winter is shut. Even at its height it was seasonal. So to fill consistently a big complex you would need an angle. Student accommodation. Welfare housing. Split up the rooms to add in small kitchens. Self contained low income or welfare cheque recipients. Many years ago I used to maintain a string of ex dock workers properties. After the docks closed most moved away. The houses sat empty, then sold cheap. Really cheap. A guy I knew bought loads. Got in touch with the government welfare department. Filled every one consistently. The rent was paid direct from the government. No chasing tenants. The police did more damage doing drug raids. It could be made to work. But you need that edge to keep it going.
  • @MamaRebelle
    Great to see the one pound burger man, I used to watch a you tuber that lived in Blackpool and he was often with him.
  • @mikeb8138
    blackpool definitely isn't dull, but it is rank
  • @tonyc2837
    I live on the outskirts of this town. That’s one of the run down areas that you’ve shown, but I’d probably feel much safer anywhere in Blackpool than a lot of the areas of expensive London.
  • @Realism11
    Compared to the good old days of British beach towns, that beach was practically empty, not 'packed' as you suggested !
  • @dannybowden5296
    I bloody love Blackpool; always have. My father and I go on a near annual pilgrimages there. This video reminds me it's overdue another visit. We've stopped in dives, we've stopped in the football ground but we always have a good time. My Great-Granddad used to take my father to Robert's Oyster Bar and we carry on that tradition. Cheers both for your positivity.
  • Wow what a lovely positive video that is today. Love your down to earth outlook on things. Great to see Blackpool being invested in. Hate to see our seasides go downhill. Wherever you go you will always have mates your great👍
  • @jeantucker4988
    Train travel has become so expensive now that people are no longer visiting these areas. They need to reintroduce away days and have attractions