A lot of people buy new builds because of the lower deposit needed to buy them. Tenement flats are timeless and beautiful and I think they retain their value well. Most new builds are fine but the build quality is not exactly old world craftsmanship on some of them. Will be easier to heat and maintain though. Occasionally new builds work out like the infamous Wallace street flats though. You get unlikely with the timing and you could be stuck with a property worth way less than your mortgage. |