Southern Connections 2005/6

Buy To Let At Leyton Orient

24/Jan/2006 (Southport) - Chris Forth

Postie dropped a thick glossy brochure on my doormat this morning for East London's latest buy to let bonanza. It seems that Leyton Orient are building a block of flats behind each of the four corner flags at their Brisbane Road stadium. The price list suggests that the higher stories are more expensive, reflecting the less likelihood of having their windows put through by stray shots and being further from the inaction. The flats with a view over the pitch are cheaper than those with no view of the inaction. The only other surprise is that they haven't plans to build on the adjacent vacant site that doubles as the home team's attacking penalty area.

One block is assigned as affordable housing, yes it still exists in London, presumably with sky high rents in London, it works out cheaper for Orient to house their youth players at the ground in club property. But, as you can probably imagine if you've ever been to see City down there, there are no luxury roof top penthouse apartments. Even so, with a total sale price of about 20 million, its nice little earner for Barry Hearn and the boys.

I cast my vote, on several occasions, to have one block named "Derrick Downing Court" in honour of our (and their) left winger of the 1970s but my attempts at vote rigging provided unsuccessful. However, I do intend to buy a couple of flats so that I can hang our Yorkcitysouth flag out of the window next time we play them. In fact, I'll hang it out at every Orient home game just to keep our flag flying.

Arsenal are doing something similar with Highbury, but offering an incentive of a free season ticket with every flat. No such incentives at Orient, which I suspect is a clever little marketing ploy.

This article originally appeared on Billy Plutch's blog on our website. Check it out for lots more good stuff.

Come along to our next planned social evening on Thursday February 9 from 7.45 pm - please check our website for details. We meet at The Old Doctor Butler's Head [in the upstairs function room], 2 Masons Avenue, London EC2 5BT. The pub is situated in a narrow street which can be reached from either Basinghall Street or Coleman Street [close to the Guildhall]. Nearest tube stations are BANK [suggest use exit one] and ST PAULS [both on the Central Line]; or MOORGATE [on the Northern, Circle, Metropolitan and Hammersmith and City lines]. Some limited street parking available in Coleman Street [at Moorgate end]. Lots of real ales on offer! Pub telephone number 020 7606 3504. Everyone welcome.

More information? Please check our website or contact Alastair Smth our branch chairman or telephone him on 01903 813557 for more information.

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