Geoff Jones

Inveterate dabbler in business, travel, gadgets & life

Author: Geoff

Norfolk coastal erosion

Impressive image both for the accuracy of the Etrex/Ascent/HoudahGeo photo placement software and also showing the rate of coastal erosion over the past few years on the North Norfolk coast. Seems to be about 3feet from when the Google satellite images where taken!

Coastal Erosion near Sheringham

Powered by ScribeFire.

A house for less than £100K

Today’s little walk was from Cley to Sheringham. A bit of a late start due to us taking the long way from Kings Lynn 🙁 However it was a lovely clear day with the tide in, the pebble beach makes the walking a bit harder but very rewarding with the sea sounds.

The big surprise of the day is that you can buy a cottage in the centre of Sheringham for £99,000 my first glimpse of a sub £100K property in these parts and of cause Sheringham does have a rail connection 🙂


Norfolk Coastal Walk

Widget powered by EveryTrail: GPS Geotagging

Sally has done a post with more photos over on her blog 🙂

Powered by ScribeFire.

The Property business

Having sold my old offices to Studio24 on Monday. I’m now looking at places to invest my gains ( Pretty low by the way , the property has roughly doubled in price over 20 years) although when fully let it was yielding 9%.

I called up the Kings Street Housing Association. They offer a private sector leasing scheme that guarantees you a rent for a period of 2 years on houses offered to them. The rent offered is based on the local housing allowance which, apparently, is £450/500 per month for a 2 bedroom property rising to £550/600 for a 3 bedroom house.

So, to even get a 6% return the house can only cost £120,000. Certainly impossible to buy a three bedroom house for that in Cambridge and for that matter even in places like St. Ives, Soham, Ely and St. Neot’s maybe.

The houses have to have the 3 C’s as well – carpets, curtains & cooker.

So back to the drawing board I think! All ideas welcome 🙂

Powered by ScribeFire.