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Huth Tracked Back


Steppenpig

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HOLA441
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HOLA442

Series 19 Episode 59

Audley House, Leybourne Grange, Leybourne, West Malling ME19 5JA

http://www.zoopla.co.uk/property/audley-house/leybourne-grange/leybourne/west-malling/me19-5ja/14643282

2 Feb 2015, paid 325k. 100k work, total 425k

EA valuation 550k for stated "profit" of 125k (and ownr hoping for 575~580k)

feb 2016, actual sold price 475k for "profit" of 50k

[i have been just looking at the discrepancy between claimed "profit" and realised "profit" recently, because the renovation costs usually seem a fantasy, self done work is unquantifiable and the finance and other charges are unknowns. But interesting to see this one come in at 100k for complete renovation, several bathrooms etc. Probably more similar to the sort of thing real people have to pay builders. Plus stamp duty of 6k, finance costs of 20k minimum, the final actual profit starts to look less attractive]

+ + +

60 Century Street, Hanley, Stoke-On-Trent ST1 5HX

http://www.zoopla.co.uk/property/60-century-street/hanley/stoke-on-trent/st1-5hx/22810730

23 Feb 2015 Paid 40.5 k

[Note that there are plenty of sales of similar in the last coupe of years in the 20~30k range in this street]

http://www.rightmove.co.uk/house-prices/ST1/Century-Street.html

EA valuation 55 ~ 65k (not sold - rental portfolio)

+ + +

80 Upper Tennyson Road, Newport NP19 8HT

http://www.zoopla.co.uk/property/80-upper-tennyson-road/newport/np19-8ht/16741176

Flipped 6 months previously for 14k less

EA valuation 180k for profit of 38. (not sold - rental portfolio/ accidental landlord)

Purchaser mentions multiple hurdles with financing and bridging lones, presumably costing many k's]

Edited by Steppenpig
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HOLA443

This probably deserves a thread all of it's own but I'll leave it here for all us huth devotees to dwell upon...

Millionaire ex-footballer Dion Dublin was allegedly the biggest beneficiary of the bbc's multikulti presenter training scheme,

I'm literally lost for words and not capable of adding any further coherent thoughts on this

http://www.express.co.uk/news/uk/680365/bbc-dion-dublin-premier-league-homes-under-the-hammer-manchester-united-aston-villa

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HOLA444

This probably deserves a thread all of it's own but I'll leave it here for all us huth devotees to dwell upon...

Millionaire ex-footballer Dion Dublin was allegedly the biggest beneficiary of the bbc's multikulti presenter training scheme,

I'm literally lost for words and not capable of adding any further coherent thoughts on this

http://www.express.co.uk/news/uk/680365/bbc-dion-dublin-premier-league-homes-under-the-hammer-manchester-united-aston-villa

Isn't it quite racist to put money aside to specifically train black people to present on TV ? This surely states they need more help than other races do ?

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HOLA445

...all us huth devotees...

...you're usually a bit more coy about your secret vice...

Dion Dublin is unfortunately a bit crap. The others presenters (and in most other property porn) formerly worked as estate agents or property developers, and you can tell they love it. Dublin is just reading his lines. I have noticed a few times his kowledge of property is a bit lacking. One time he was really confused by there being a thermosta on the wall, apparently he'd never seen such a thing before. He alwas looks like a spare wheel when they're all together, and he has bad posture. I don't think he'd ever get the job on telly in a fair competition, but I assumed it was because he was a minor celbrity, rather than cos he was black.

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HOLA446

Series 19 Episode 60

http://www.bbc.co.uk/iplayer/episode/b06wq4s3/homes-under-the-hammer-series-19-episode-60

Might have got something worth mentioning as an official complaint here. Any thoughts appreciated.

124a Lyndhurst Way, London SE15 4PT

(Just to mention to avoid confusion, 124b is on the market also for 350k. It is the unmodernised upper flat)

Lot 77 purchased at Savills auction 31 March 2015 for 314k. They failed to complete within the 28 days and had to pay a further 20k

http://catalogue.auctions.savills.co.uk/london-national/Previous-Auctions/#&&s=2

Budgeted and (allegedly) spent 12.5k and hoping for 100k profit

August 2015, one EA valuation at 375 to 400k, the other at 450k

Speculator say "we're definitely going to get the 450, or close to". Voiceover proclaims that will give a profit before tax of 103.5k. Speculator "can't wait to get back tothe auction and do it again"

The reality (program first broadcast 12 Jan 2016)

28 Aug 2015 (around the time of the EA valuation and summing up) Marketed at 415k

http://www.zoopla.co.uk/property-history/124a-lyndhurst-way/london/se15-4pt/37935732

7 November 2015 reduced to 350k

http://www.zoopla.co.uk/property-history/124a-lyndhurst-way/london/se15-4pt/38028001

15 Feb 2016 reduced to 300k

http://www.zoopla.co.uk/property-history/124a-lyndhurst-way/london/se15-4pt/39514117

and put up for auction with MS auctions lot 28

http://auctioneertemplates.eigroup.co.uk/results.aspx?a=825&c=msa&Au=24032

Withdrawn before auction and current status "sold STC" presumably for between 300 and 350k

http://www.rightmove.co.uk/property-for-sale/property-51934096.html

Not yet on Land Reg

+ + +

So instead of the upbeat proclamation of 103.5k profit, we have losses of probably 50k plus finance charges, possibly even bankruptcy.

+ + +

Just for the record, the others were

6 Prospect Avenue, Cadishead, Manchester M44 5ZP

http://www.zoopla.co.uk/property/6-prospect-avenue/cadishead/manchester/m44-5zp/14385223

EA valuation 85 to 100k with top figure announced as giving profit of 15k, not mentioned that bottom figure gives profit of nil so a loss when finance and other costs included. Currently rented.

+ + +

27 Glanville Terrace, Maerdy, Ferndale CF43 4AT

http://www.zoopla.co.uk/property/27-glanville-terrace/maerdy/ferndale/cf43-4at/4293106

EA valuation 55 to 65k, currently rented

Edited by Steppenpig
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HOLA447

Go for it.

Btw I like this thread and read it a lot even if I don't comment too much. I imagine others are similar. Keep it up please !! You are doing what the rest of us want to do but can't be arsed :)

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HOLA448

Series-18-episode-34

27 Besley Street, Streatham, London, SW16 6BH

http://www.zoopla.co.uk/property/27-besley-street/london/sw16-6bh/23341315

EA valuation 525~535k

Actually marketed at 499,950 and sold for 485k

(actually a nice renovation, and decent profit, as is usual with the london properties)

+ + +

42 Rochester Street, Chatham ME4 6RP

http://www.zoopla.co.uk/property/27-carlton-terrace/troedyrhiw/merthyr-tydfil/cf48-4ep/4347955

EA valuation 120 ~ 130k for profit of 10 ~ 20k

Not sold, but assuming the standard EA overvluation, that'll be nil profit

+ + +

27 Carlton Terrace, Troedyrhiw, Merthyr Tydfil, Merthyr Tydfil CF48 4EP

http://www.zoopla.co.uk/property/27-carlton-terrace/troedyrhiw/merthyr-tydfil/cf48-4ep/4347955

Buys for 47k and spends 75k doing complete renovation. Completely mad. Gutted and rebuilt, nice layout, but final spec looks pretty standard B&Q. Interesting to hear a figure like 75k though. Presumably more realistic than most episodes.

Total spend 122k

EA valuation: suggests listing at 110 ~ 115k to achieve 95 ~ 100k

Idiot presenter calling it a potential 7k loss! It's a bloody potential (almost certain) 32k loss, and probably more.

It had taken him 18 months, so there's financing costs and the loss of his own time which he could have spent in productive employent!

Final voiceover "left him with experiences that will benefit him for years to come". Complete and utter idiots.

Not yet sold. If there's one thing I've learnt from watching huth, it's keep away from those deceptively cheap welsh valleys.

Edited by Steppenpig
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  • 11 months later...
8
HOLA449

Todays episode

 

http://www.bbc.co.uk/iplayer/episode/b08tgxfq/homes-under-the-hammer-series-21-episode-19

 

108 Longfield Road, Dover CT17 9QP

http://www.zoopla.co.uk/property/108-longfield-road/dover/ct17-9qp/5516394

EA valued at 165 to 175k. Owner listed and allegedly sold at 189,950. Currently STC

http://www.zoopla.co.uk/for-sale/details/43276839#V3qsVuVgzcCLE1yu.97

Annoying "my house is worth more than that" type. Hope it falls through.

++++++++++++++++++++++++++++++++++++++

14 Harrogate Crescent, Derby DE21 4GN

http://www.zoopla.co.uk/property/14-harrogate-crescent/derby/de21-4gn/6477368

EA valued at 105 k. Now STC at 99,995

http://www.rightmove.co.uk/property-for-sale/property-65480591.html

The bloke worked on it full time plus overtime, the burd all her free time and some additional free help. Probably around 6 months of man-hours, for a possible max 17k before tax.

++++++++++++++++++++++++++++++++++++++++

68, Crescent Road, Barnet, Greater London EN4 9RJ

http://www.zoopla.co.uk/property/68-crescent-road/new-barnet/barnet/en4-9rj/8432030

Not for sale, family home. EA valued it at max 750k "if the 4th bedroom gets converted". Voiceover announces profit based on this and ignore any further costs.

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HOLA4410
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HOLA4411
  • 4 weeks later...
11
HOLA4412

May as well keep an eye on this one.

 

3 Wharf Terrace, Madeley Heath, Crewe, CW3 9LW

75k at auction, 25k refurb, valued at 125k and currently for sale at that price. Not really a great (potential) profit for 6 months work and a broken leg.

https://www.zoopla.co.uk/for-sale/details/43535649?search_identifier=ab8203f0a605760d85e8721a4ae37c70#PFyP5xsAcoIWjxMW.97

 

+++++

 

The other went as a BTL investment.

FLAT 12, LAWRENCE COURT, HIGHFIELD SOUTH, BIRKENHEAD, MERSEYSIDE

39,750 at auction plus a couple of grand for the refurb. curiously, still listed on rightmove from pre the auction, but I assume it is just a data error.

http://www.rightmove.co.uk/property-for-sale/property-57649924.html

Edited by Steppenpig
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HOLA4413
13
HOLA4414
3 hours ago, Steppenpig said:

May as well keep an eye on this one.

Well that house in Staffordshire would suit me, good refurb imo. Good luck to the young man I say.

That flat in Birkenhead looked tiny with that open plan kitchen in the already small living room.

As for that Paisley fire station - wow! B) I hope we get to see the end result one day. Seems like the finances of the twins are getting stretched without Nicola Sturgeon's grant money. Definately needs the upper floors turning into residential flats.

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HOLA4415
45 minutes ago, MattW said:

 Staffordshire...

Between Stoke and Crewe. Probably explains the relatively normal price.

I liked it too. They do a nice job sometimes, I didn't really watch the Paisley bit, as I'm not really interestes in redevelopments.

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HOLA4416

Lucy Alexander is on today's show. Must be from the previous series.

Woman developer of 1st property: 'My husband was very cross about how much money I spent at the auction...' :rolleyes: (about £482k).

Cue OTT false laughter by Lucy.  :rolleyes:

The new Scottish presenter seems OK. Not quite as excitable as Lucy.

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HOLA4417

9 Weirside, Mayfield, Ashbourne DE6 2JG

https://www.zoopla.co.uk/property-history/9-weirside/mayfield/ashbourne/de6-2jg/17374125

 Total aroun 141k IIRC. Family home, not for sale.

+++++

26 Beresford Road, Lowestoft, Suffolk, NR32 2NG

http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=36875808&sale=62262483&country=england

Auction 85.5k, refurb 17k, total 102.5k, valued at 135k, sold for 134k. Good profit, seems legit.

++++++++

 8 Pimpernel Way, Chatham ME5 0SF, 15th Jan 2016

https://www.zoopla.co.uk/property-history/8-pimpernel-way/chatham/me5-0sf/39200657

Auction 135k, refurb 27k, total 162 k, Valued at 185 to 195, claimed sold at 190k, but not on land registry https://houseprices.io/me5-0sf

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HOLA4418

53, Harrowby Place, Willenhall, West Midlands WV13 2RA

https://www.zoopla.co.uk/property/53-harrowby-place/willenhall/wv13-2ra/26357911

 

Hadn't done their homework, overbid, turned out to have subsidence, put it back up for auction, sale fell through but they got the deposit, up for auction again and they got their money back. How does HUTH turn up such lucky gamblers all the time? By all rigths they should have lost about 30k (property had also sold at auction a month prior for 20k less). Did waste 6 months of their lives though.

+++

26 Cardiff Road, Watford WD18 0DT

https://www.zoopla.co.uk/property/26-cardiff-road/watford/wd18-0dt/25523238

 

Valued at 450k to 475k, agent/developer smugly says sold for 500k, but turns out currently for sale at 500k (ok, "under offer") and put on market after program,

http://www.rightmove.co.uk/property-for-sale/property-48343695.html

 

It's a HMO, some rooms recently let, at recently reduced prices e.g.

http://www.rightmove.co.uk/property-to-rent/property-47862477.html

Edited by Steppenpig
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HOLA4419
On 30.4.2016 at 9:56 PM, Steppenpig said:

21 Campion Way, Liverpool L36 0XR

purchased 133k Oct 2014, renovation (allegedly) 5k, valuation 170 ~ 173k

Actual currently under offer for under 150k

http://www.zoopla.co.uk/for-sale/details/37506997#uV4yR72vFK21EfTC.97

Thats 7 months development and 10 months on market later. (claimed "straight back on the market")

nominal profit of 12k rather than the claimed 35k

I am beginning to think this is a scandal ("things have gone pretty well for chris, on his first auction purchase")

The last 3 properties are all from series 19, episode 40, broadcast yesterdy, presumably a repeat.

Turns out it sold for 140k. Nominal profit of 2k-before fees and taxes, Let me repeat that quote: "things have gone pretty well for chris, on his first auction purchase"

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HOLA4420
On 4.5.2016 at 6:27 PM, Steppenpig said:

S-20-7 broadcast yesterday

http://www.bbc.co.uk/iplayer/episode/b079vjwg/homes-under-the-hammer-series-20-episode-7

109 Peasehill, Ripley

valuation 105 - 115k

**************************

294 Slade Rd, Erdington, Birmingham

valuation 175 - 180k

****************

12 Pulleyns Avenue, East Ham

Dec 2015 valuation 410 - 425k

Sold for 110 / 167 / 408.  All profitable.

 

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HOLA4421
21
HOLA4422
16 hours ago, Steppenpig said:

Turns out it sold for 140k. Nominal profit of 2k-before fees and taxes, Let me repeat that quote: "things have gone pretty well for chris, on his first auction purchase"

£2k for 7 months grind. :lol: 

 

12 hours ago, Habeas Domus said:

wikipedia has HUTH listed as a "Factual" programme, does anyone know how to change that to a fantasy or entertainment category?

https://en.wikipedia.org/wiki/Homes_Under_the_Hammer

:lol: :lol:

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HOLA4425

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