worried1 Posted January 29, 2014 Share Posted January 29, 2014 This one seemed reasonable compared to this crazy market until you look at bit closer: http://www.zoopla.co.uk/for-sale/details/31772135?search_identifier=6b4ba6b28c23555705e219de87c041b3 £675k for a 3 bed detached house on one of the better roads in the area. OK, it is quite near a main road, but liveable. Unfortunately, someone seems to have sold the garden off leaving only a tiny patio. That is before you see the size of the place. 874 sqft for this asking price is uncomfortably close to £800 per sqft and you are not even paying for the opportunity to extend it in the future because the lack of garden puts paid to that. No parking either, and good luck to anyone trying to park down that road during an evening. Quote Link to comment Share on other sites More sharing options...
longgone Posted January 29, 2014 Share Posted January 29, 2014 (edited) This one seemed reasonable compared to this crazy market until you look at bit closer: http://www.zoopla.co.uk/for-sale/details/31772135?search_identifier=6b4ba6b28c23555705e219de87c041b3 £675k for a 3 bed detached house on one of the better roads in the area. OK, it is quite near a main road, but liveable. Unfortunately, someone seems to have sold the garden off leaving only a tiny patio. That is before you see the size of the place. 874 sqft for this asking price is uncomfortably close to £800 per sqft and you are not even paying for the opportunity to extend it in the future because the lack of garden puts paid to that. No parking either, and good luck to anyone trying to park down that road during an evening. some prat will buy it are you looking to buy are you renting ? or just waiting ? ugly but pretty good road http://www.zoopla.co.uk/for-sale/details/31769306?search_identifier=6b4ba6b28c23555705e219de87c041b3 wonder what you could sell this off for in tip top condition Edited January 29, 2014 by longgone Quote Link to comment Share on other sites More sharing options...
worried1 Posted January 29, 2014 Share Posted January 29, 2014 (edited) some prat will buy it Agreed, judging by what some of the others have gone for, this will sell quite quickly. are you looking to buy are you renting ? or just waiting ? At these prices, definitely just waiting! ugly but pretty good road http://www.zoopla.co.uk/for-sale/details/31769306?search_identifier=6b4ba6b28c23555705e219de87c041b3 wonder what you could sell this off for in tip top condition I can't see any reason that wouldn't be north of £350k in this market once done up. It is very ugly, I don't know what idiot on the council at the time sanctioned building a block like that there when all of the original houses around that small park are beautiful. I hate to think what lovely houses were pulled down to make way for some of the monstrosities that were built there in the 60s/70s. It remains a nice road as you say, although traffic noise from neighbouring Claremont Road with all of the buses is a bit of a pain. The flat is share of freehold and split level which works in it's favour, but it doesn't say if there is parking available if you don't want to pay £700 a year to rent a garage. I guess a lot of people don't care about parking. If you live there, you are only a few minutes walk from the station for your day to day commute, everything else is in walking distance and there are 'Zipcars' parked on that street so you can rent cars by the hour if you need one from time to time. I suppose that is the sensible way to do it these days in that type of location, but if you do still want to own a car, you'd need off street parking round there. Edited January 29, 2014 by worried1 Quote Link to comment Share on other sites More sharing options...
longgone Posted January 29, 2014 Share Posted January 29, 2014 (edited) Agreed, judging by what some of the others have gone for, this will sell quite quickly. At these prices, definitely just waiting! I can't see any reason that wouldn't be north of £350k in this market once done up. It is very ugly, I don't know what idiot on the council at the time sanctioned building a block like that there when all of the original houses around that small park are beautiful. I hate to think what lovely houses were pulled down to make way for some of the monstrosities that were built there in the 60s/70s. It remains a nice road as you say, although traffic noise from neighbouring Claremont Road with all of the buses is a bit of a pain. The flat is share of freehold and split level which works in it's favour, but it doesn't say if there is parking available if you don't want to pay £700 a year to rent a garage. I guess a lot of people don't care about parking. If you live there, you are only a few minutes walk from the station for your day to day commute, everything else is in walking distance and there are 'Zipcars' parked on that street so you can rent cars by the hour if you need one from time to time. I suppose that is the sensible way to do it these days in that type of location, but if you do still want to own a car, you'd need off street parking round there. obviously was smoking funny cigarettes when that was designed , it`s not overly big but as you say split level which helps and the location is good. replacing warm air heating is a pain in the backside though , asbestos ducting and all sorts. probably 250k is about what i would want that for . wet system and combi boiler would improve it a lot , did exactly the same thing in the parents house as that had warm air , massive cupboard in the kitchen gone , loft space removed of all ducting taken out, hot water cupboard removed so bigger bathroom , 25% bigger bedroom as the ducting comes up to the loft always through a room. just a big useless system that blows dust and co/2 around the house circulating the same air to kill all the inhabitants should the flue be leaking Edited January 29, 2014 by longgone Quote Link to comment Share on other sites More sharing options...
longgone Posted January 29, 2014 Share Posted January 29, 2014 (edited) http://www.zoopla.co.uk/for-sale/details/31766906?search_identifier=1ab5059604ef06f47d0640ebca9002c0 only 400-500k overpriced would make a fabulous building plot for flats Edited January 29, 2014 by longgone Quote Link to comment Share on other sites More sharing options...
worried1 Posted January 29, 2014 Share Posted January 29, 2014 http://www.zoopla.co.uk/for-sale/details/31766906?search_identifier=1ab5059604ef06f47d0640ebca9002c0 only 400-500k overpriced would make a fabulous building plot for flats It is a nice house with a massive garden, but the postcode is going to count against it here. No one is going to pay that much money to live in Chessington right next to the A3. Move it a bit west to Claygate or north to Long Ditton, then maybe, but not there. Quote Link to comment Share on other sites More sharing options...
longgone Posted January 29, 2014 Share Posted January 29, 2014 It is a nice house with a massive garden, but the postcode is going to count against it here. No one is going to pay that much money to live in Chessington right next to the A3. Move it a bit west to Claygate or north to Long Ditton, then maybe, but not there. indeed for 900k it is easy to obtain a detached place in a much nicer area Quote Link to comment Share on other sites More sharing options...
longgone Posted January 31, 2014 Share Posted January 31, 2014 http://www.zoopla.co.uk/for-sale/details/31794196?search_identifier=6b4ba6b28c23555705e219de87c041b3 300k more than the last one sold for 7 months ago Quote Link to comment Share on other sites More sharing options...
jensa Posted January 31, 2014 Share Posted January 31, 2014 http://www.rightmove.co.uk/property-for-sale/property-29102577.html Came on market late Friday went viewed it on Saturday... 40 viewings put in an offer above asking. Not a chance went 100k above according to agent with 28 offers. Whats going on... North Kingston is completly mad at the moment must be the school stress.... Quote Link to comment Share on other sites More sharing options...
worried1 Posted January 31, 2014 Share Posted January 31, 2014 http://www.zoopla.co.uk/for-sale/details/31794196?search_identifier=6b4ba6b28c23555705e219de87c041b3 300k more than the last one sold for 7 months ago These townhouses are a good way to get quite a big house (over 1,500 sqft without garage), but these one have tiny gardens and lie very close to a major road. The one that sold for £497k seems very 'cheap' in the current market, but I still can't see how they are worth much more than £600k evne in the situation we find ourselves in. Quote Link to comment Share on other sites More sharing options...
longgone Posted January 31, 2014 Share Posted January 31, 2014 These townhouses are a good way to get quite a big house (over 1,500 sqft without garage), but these one have tiny gardens and lie very close to a major road. The one that sold for £497k seems very 'cheap' in the current market, but I still can't see how they are worth much more than £600k evne in the situation we find ourselves in. was thinking that myself 550 for the 3 600 for the 4 bed offers over 800 is really taking the mick similar one in claygate http://www.zoopla.co.uk/for-sale/details/31641391?search_identifier=98b9c49864d8c8c37c504c7d0a196519 Quote Link to comment Share on other sites More sharing options...
longgone Posted January 31, 2014 Share Posted January 31, 2014 (edited) http://www.zoopla.co.uk/for-sale/details/31769306?search_identifier=6b4ba6b28c23555705e219de87c041b3 took a look at this one utterly dire , untouched since the 70`s. looked like a swedish sauna inside a compulsory purchase order should be brought in and flatten the whole block Edited January 31, 2014 by longgone Quote Link to comment Share on other sites More sharing options...
worried1 Posted January 31, 2014 Share Posted January 31, 2014 was thinking that myself 550 for the 3 600 for the 4 bed offers over 800 is really taking the mick similar one in claygate http://www.zoopla.co.uk/for-sale/details/31641391?search_identifier=98b9c49864d8c8c37c504c7d0a196519 Certainly looks like better value and a nicer development. I think the Surbiton one would get a bit more because it is easier to sell that type of place there, where as the classic Claygate buyer probably prefers a detached house. Quote Link to comment Share on other sites More sharing options...
worried1 Posted January 31, 2014 Share Posted January 31, 2014 http://www.zoopla.co.uk/for-sale/details/31769306?search_identifier=6b4ba6b28c23555705e219de87c041b3 took a look at this one utterly dire , untouched since the 70`s. looked like a swedish sauna inside a compulsory purchase order should be brought in and flatten the whole block I agree, and the ones adjacent to them that look like the 'projects' from the TV show 'The Wire'. Criminal in this location really, given the cost and surrounding buildings, but unfortunately Surbiton was really badly hit by these ridiculous developments in the 60s-70s. Quote Link to comment Share on other sites More sharing options...
longgone Posted January 31, 2014 Share Posted January 31, 2014 (edited) I agree, and the ones adjacent to them that look like the 'projects' from the TV show 'The Wire'. Criminal in this location really, given the cost and surrounding buildings, but unfortunately Surbiton was really badly hit by these ridiculous developments in the 60s-70s. i can`t see this making more than 300k in refurbished condition , but then again i have been proven wrong before looks like 230k to make a decent profit it needs a fair amount of work at least 20k and more like 30k , and no lift top floor too same as this ugly thing sold for only 275k in refurbished condition http://www.rightmove.co.uk/house-prices/detailMatching.html/svr/1703;jsessionid=293FE6181BA58EAC48A511BBE258F092?prop=34499017&sale=48769109&country=england Edited January 31, 2014 by longgone Quote Link to comment Share on other sites More sharing options...
longgone Posted January 31, 2014 Share Posted January 31, 2014 (edited) http://www.rightmove.co.uk/property-for-sale/property-29102577.html Came on market late Friday went viewed it on Saturday... 40 viewings put in an offer above asking. Not a chance went 100k above according to agent with 28 offers. Whats going on... North Kingston is completly mad at the moment must be the school stress.... what`s going on is you have many fools with too much money , did you honestly think that is worthy of a offer above asking my money would be going here http://www.zoopla.co.uk/for-sale/details/31704956?search_identifier=756e340daa94f7b9f3c03d3cd209efce and here is why http://www.zoopla.co.uk/for-sale/details/31047602?search_identifier=756e340daa94f7b9f3c03d3cd209efce you had a lucky escape on that offer this lot 500k http://www.zoopla.co.uk/for-sale/details/31772135?search_identifier=ab789854a6e4f3dbf49ca9eadb04b855 http://www.zoopla.co.uk/for-sale/details/31609587?search_identifier=ab789854a6e4f3dbf49ca9eadb04b855 http://www.zoopla.co.uk/for-sale/details/31296807?search_identifier=ab789854a6e4f3dbf49ca9eadb04b855 Edited January 31, 2014 by longgone Quote Link to comment Share on other sites More sharing options...
longgone Posted January 31, 2014 Share Posted January 31, 2014 http://www.allsop.co.uk/i/151/117/4883/surrey-2-4-oak-hill-road-and-5-6-oak-hill-surbiton?dm_i=1DAM,25JIK,6Z3ZPD,7S5AJ,1 Quote Link to comment Share on other sites More sharing options...
worried1 Posted January 31, 2014 Share Posted January 31, 2014 http://www.rightmove.co.uk/property-for-sale/property-29102577.html Came on market late Friday went viewed it on Saturday... 40 viewings put in an offer above asking. Not a chance went 100k above according to agent with 28 offers. Whats going on... North Kingston is completly mad at the moment must be the school stress.... Ridiculously, that is just too cheap in this current market. If you look at this example in longgone's post it will show you the reason: http://www.zoopla.co.uk/for-sale/details/31772135?search_identifier=ab789854a6e4f3dbf49ca9eadb04b855 A bit of a different part of the area, but historically not a lot of difference in price - Surbiton has the fast trains and the river, N. Kingston has the schools and the park. That house that you looked at is better than the Cleaveland Road one in every way - bigger, better garden, not next to a main road, nicer looking etc etc. The Cleaveland Road one will sell in this stupid market for close to that asking price, so I'd expect the one you looked at to get more. Quote Link to comment Share on other sites More sharing options...
worried1 Posted January 31, 2014 Share Posted January 31, 2014 http://www.allsop.co.uk/i/151/117/4883/surrey-2-4-oak-hill-road-and-5-6-oak-hill-surbiton?dm_i=1DAM,25JIK,6Z3ZPD,7S5AJ,1 Sadly, I'd expect these to be knocked down and replaced with flats. Conversions are possible, but generally give less return than starting again. There are very few areas in central Surbiton where people are looking to spend that much money to own that bigger house. This certainly isn't one of them. Cranes Park has a few of the old Victorian houses that would go for £1.5m or so, and Walpole Road at the other end of town about the same. There are a few on the river roads that would probably get £2-3m, but they are the exception as most people with that type of money prefer a Footballers Wives McMansion in Esher or Coombe Hill rather than this old Victorian stuff. Quote Link to comment Share on other sites More sharing options...
worried1 Posted January 31, 2014 Share Posted January 31, 2014 what`s going on is you have many fools with too much money , did you honestly think that is worthy of a offer above asking my money would be going here http://www.zoopla.co.uk/for-sale/details/31704956?search_identifier=756e340daa94f7b9f3c03d3cd209efce and here is why http://www.zoopla.co.uk/for-sale/details/31047602?search_identifier=756e340daa94f7b9f3c03d3cd209efce That is a fantastic return on that second one - £520k to £1.2m in 4 years - probably spent £150k on it plus fees, so a £500k profit in that time and they got to live in it for a while to boot. I couldn't live in Hinchley Wood myself, too quiet and you'd need a car to get anywhere, but it is a nice safe neighbourhood for those with kids etc. Quote Link to comment Share on other sites More sharing options...
longgone Posted January 31, 2014 Share Posted January 31, 2014 That is a fantastic return on that second one - £520k to £1.2m in 4 years - probably spent £150k on it plus fees, so a £500k profit in that time and they got to live in it for a while to boot. I couldn't live in Hinchley Wood myself, too quiet and you'd need a car to get anywhere, but it is a nice safe neighbourhood for those with kids etc. far better investment though , could always move back to surbiton afterwards Quote Link to comment Share on other sites More sharing options...
longgone Posted February 2, 2014 Share Posted February 2, 2014 http://www.zoopla.co.uk/for-sale/details/31495206?search_identifier=750e871d12d885a4f506db08f0a29ad7 600k to live in this shite hole Quote Link to comment Share on other sites More sharing options...
worried1 Posted February 2, 2014 Share Posted February 2, 2014 http://www.zoopla.co.uk/for-sale/details/31495206?search_identifier=750e871d12d885a4f506db08f0a29ad7 600k to live in this shite hole I cannot believe that has now sold! I wonder what they actually got for it. The world has gone truly mad if it is anywhere near asking price. Quote Link to comment Share on other sites More sharing options...
longgone Posted February 2, 2014 Share Posted February 2, 2014 (edited) I cannot believe that has now sold! I wonder what they actually got for it. The world has gone truly mad if it is anywhere near asking price. haha i was waiting for your comment probably over asking price. to think i nearly bought this , feel like such a loser now ! should i stick a letter through every neighbours door offering 275k same as that heap was purchased for only 6 months ago ? i think around 220k profit has been achieved in 6 months utterly unbelievable Edited February 2, 2014 by longgone Quote Link to comment Share on other sites More sharing options...
worried1 Posted February 2, 2014 Share Posted February 2, 2014 haha i was waiting for your comment probably over asking price. to think i nearly bought this , feel like such a loser now ! should i stick a letter through every neighbours door offering 275k same as that heap was purchased for only 6 months ago ? No chance now, because all of the neighbours will have seen this price and will assume that theirs is worth the same without any renovation. Quote Link to comment Share on other sites More sharing options...
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