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Worst Value Properties In Edinburgh


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#1 WhatThe

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Posted 20 January 2012 - 06:55 PM

Ok I do not know if this has been started but I think it is worthwhile to show some of the gems on offer. I'll start with this one:

350K for a 1 bed flat in poor condition:

http://www.rightmove...y-32823847.html

Am I missing something here?

#2 Muswell Hillbilly

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Posted 20 January 2012 - 07:48 PM

Ok I do not know if this has been started but I think it is worthwhile to show some of the gems on offer. I'll start with this one:

350K for a 1 bed flat in poor condition:

http://www.rightmove...y-32823847.html

Am I missing something here?

Yes, you’re missing something on this occasion: click on Particulars, and you’ll see that ‘22 Glen Street offers an excellent opportunity to purchase a self contained block of 4 properties’.

#3 WhatThe

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Posted 20 January 2012 - 07:57 PM

Yes, you’re missing something on this occasion: click on Particulars, and you’ll see that ‘22 Glen Street offers an excellent opportunity to purchase a self contained block of 4 properties’.


Thanks -- makes more sense, but I think the EA could have been a little clearer on the title. Let me try another:

http://www.espc.com/...&sid=2071532549

This is above a shop on Stockbridge but they want Fettes row prices. Plus the pictures make it look like it was made by Hobbits This will NOT sell at this price. Why bother?

#4 catmandu

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Posted 20 January 2012 - 10:15 PM

The reason both properties are expensive is that they are painted yellow. Yellow paint is expensive :lol:

#5 24gray24

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Posted 20 January 2012 - 11:11 PM

Why not write in and tell the legal firm marketing it, exactly why it's grossly overpriced and won't sell for that? Then send a copy to the property. Then said a copy to all the neighbours, asking if the legal firm is still in business, as you haven't had a reply.

Fight back.
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#6 WhatThe

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Posted 22 January 2012 - 11:16 PM

Ok

I think we have a winner for the most delusional price. OO 565K for the half kitchen in this gem.

http://www.primeloca...SPEH_EDN110235/

I mean what are these people smoking FFS. That is one million dollars for half a kitchen. What clown valued this property!

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

#7 catmandu

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Posted 23 January 2012 - 08:53 AM

Ok

I think we have a winner for the most delusional price. OO 565K for the half kitchen in this gem.

http://www.primeloca...SPEH_EDN110235/

I mean what are these people smoking FFS. That is one million dollars for half a kitchen. What clown valued this property!

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:


That was OO 600k last year according to PB.

#8 wurdoomed

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Posted 23 January 2012 - 10:24 AM

Ok

I think we have a winner for the most delusional price. OO 565K for the half kitchen in this gem.

http://www.primeloca...SPEH_EDN110235/

I mean what are these people smoking FFS. That is one million dollars for half a kitchen. What clown valued this property!

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:



I think you are being a little harsh here, I mean:

tandem parking space : 75K

uninterrupted view of the castle : 25K

ceilings custom made for lop-sided hobbit : priceless

#9 kenzdawg

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Posted 23 January 2012 - 07:51 PM

At 3,700 GBP psqm this one probably is. The fantasists never rest, do they.
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#10 ccc

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Posted 23 January 2012 - 08:05 PM

At 3,700 GBP psqm this one probably is. The fantasists never rest, do they.


Yes but it does have a lovely garden. As long as you're not too chunky.
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#11 ccc

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Posted 23 January 2012 - 08:10 PM

I would say 3111 SQm for a new build in Shandon beats that.

140k
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#12 kenzdawg

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Posted 23 January 2012 - 08:23 PM

The ideal candidate would be one that is sh!t, overpriced, and in a borderline-ropey area. So a new build shoebox on the city centre periphery would be best for our purposes.
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#13 Muswell Hillbilly

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Posted 23 January 2012 - 08:26 PM

I would say 3111 SQm for a new build in Shandon beats that.

140k

Well, the current owners (who bought it new) paid £125,995 for it two years ago, and it’s their birthright to make a profit, don’tcha know!

#14 ccc

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Posted 23 January 2012 - 08:41 PM

The ideal candidate would be one that is sh!t, overpriced, and in a borderline-ropey area. So a new build shoebox on the city centre periphery would be best for our purposes.


Done !

Well, the current owners (who bought it new) paid £125,995 for it two years ago, and it's their birthright to make a profit, don'tcha know!


Some people really live on another planet. They really do.
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#15 ccc

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Posted 24 January 2012 - 09:45 PM

I find it interesting that you get a flat for about the same, or less price per sq M in a 'posh' area like Barnton as you do for what can frankly be a shitehole - like Gorgie. I know it is close to town and all but who cares.
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