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I Spent £200,000 Doing Up My House Just To Make My Neighbours Jealous


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HOLA441
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HOLA442

She could have improved the value of her own house very easily by just paying for next doors house to be painted to make it look nicer.

You can do up half a house but if it's attached to a scruffhole it's almost a waste of time.

They should have bought next doors with the money and called it a detached........anyway to some people a bigger garden they can enjoy is worth much more to them than an extra bedroom. ;)

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HOLA443

If it's gone up in value so much since this young couple bought it in 2009, and I suspect it has gone up at least 200K in value since they bought it, it's due to massive (and unfair) reflation.

http://www.rightmove...country=england

Although she at least did as she said in her article. Hammered the sellers down on the originally reduced asking price. They were asking £479,950 in 2008. Got to give her some respect for that. Back when sellers had fewer people in the market with access to the financing to buy, when they were concerned for their jobs, and some wanted to wait for further value to emerge.

If only we could have a return to those conditions where lending on over-valued assets is restricted and more expensive, as it was for a narrow time in 2009 before Gov thought it so unfair to home-owners, many of whom seen value of their homes rise x20- x100 times since buying. To bail out the victims who bought in 2004-07, and keep older owners happy with hyperinflated housing wealth. Now Gov trying to push non-owners huge Gov backed debt to 'help' non-owners.

http://www.zoopla.co.uk/property/205-manor-grove/richmond/tw9-4qj/24749860

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HOLA444
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HOLA445
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HOLA447
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HOLA448
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HOLA4410
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HOLA4411
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HOLA4412
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HOLA4413

Streetview of the house: http://goo.gl/maps/bfAOW

Right on the main road.

Not the nicest of areas, but hey, if the neighbours are jealous that's all that matters, right?

This is what I never understand. The house seems to gain value because it is 'in Richmond', but this is about as far away from the lifestyle you'd get on Richmond Hill or by the river as possible.

People would be far better to move out to Sutton or Epsom and buy a good house on one of the best roads for the same amount of money rather than living 'in Richmond' on a dual carriageway opposite a petrol station.

Each to their own I guess.

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HOLA4414

This is what I never understand. The house seems to gain value because it is 'in Richmond', but this is about as far away from the lifestyle you'd get on Richmond Hill or by the river as possible.

People would be far better to move out to Sutton or Epsom and buy a good house on one of the best roads for the same amount of money rather than living 'in Richmond' on a dual carriageway opposite a petrol station.

Each to their own I guess.

No wonder the neighbours are jealous -- they live in a petrol station.

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HOLA4418

They may consider they have the best house on the road, but location-wise it sides onto a dual carriageway and is exposed to noise having roads and pavements on two boundaries. Up North this would be a hard one to shift, actually nearly impossible in a slow market, and might be the worst located house on the road. But maybe people overlook these problems in areas like Richmond.

Edited by crashmonitor
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