Regular reader Claire writes:
Some friends of mine recently bought a penthouse flat in a refurbished building in Ramsgate. They paid a lot of money for it and keep going on about Ramsgate being the new black!
Well Claire, we've all heard about spring being the new summer, and porridge being the new soup (which was the new capuccino), but Ramsgate the new black! Just goes to prove that the place really is the new Millionaires' Playground. And that's confirmed by a recent report from findaproperty.com:
But what of the hotspots for the year ahead? Forget Kensington and Chelsea: Colchester, Ramsgate, Luton and Slough are the best places to watch your investment grow.
And that confirmation's confirmed by yet another reader, Alice, who's a wannabe DFL:
I have tried several times to buy a property in Augusta Road, but each time I've been gazumped!
It's a shame you've missed out, Alice, so by way of consolation here's a picture of Augusta Road for you: