SarahBell Posted November 5, 2011 Share Posted November 5, 2011 First one I've seen going to auction http://www.rightmove.co.uk/property-for-sale/property-35502233.html So maybe not quite that different after all Quote Link to comment Share on other sites More sharing options...
Tyler Posted November 7, 2011 Share Posted November 7, 2011 It'd be quite a bargain if it went at that price. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted November 11, 2011 Author Share Posted November 11, 2011 http://www.rightmove.co.uk/property-for-sale/property-35402570.html repo too - take on loo on pic 5 Quote Link to comment Share on other sites More sharing options...
hirop Posted November 11, 2011 Share Posted November 11, 2011 well spotted!!! basically, another 29K off that, & I'd take the extra debt to live there, its right beside my fav pub. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted November 12, 2011 Author Share Posted November 12, 2011 (edited) order of sale for Wednesday 7th December sale starts at 2.00pm DANE BANK 20 Hewitt Avenue SALFORD 9 Griffin Street Two bedroom end terraced house OFFERTON 12 Greystoke St & 38 Glebe St Terraced house in two self contained flats ABBEY HEY 74 Kenyon Street Two bedroom terraced house HAZEL GROVE 76 Garthland Road Three bedroom semi detached house CLAYTON 82 Ranleagh Street Two bedroom end terraced house LONGSIGHT 12 Victoria Terrace Three bedroom end terraced house on RT ROMILEY 6 John Street Two bedroom terraced house FALLOWFIELD 1 Hove Drive BOLTON Land at Minerva Road HASLINGDON 471 Blackburn Road Two bedroom terraced house DENTON 5 Market Street Corner building with development potential FALLOWFIELD 88 Appleby Lodge Ground floor studio apartment ST HELENS 153 Dentons Green Lane Three bedroom terraced house HULME St Mary’s Church Development opportunity ROMILEY 20 Waterford Avenue NORTHWICH 258 Manchester Road CHORLTON 8 Oswald Road OLDHAM 8 Shaw Road Prominent showroom/offices CHEADLE HULME 143 Grove Lane Three bedroom semi detached house SALE 6 Gleave Street Two bedroom terraced house HAUGHTON GREEN Haughton Green Methodist Church Former Church Premises PRESTWICH 1 Oaklands Drive Three bedroom semi detached house ROMILEY 14 Birch Avenue Two bedroom terraced house WIDNES 54 Victoria Road Three storey shop with upper parts WIDNES 56-58 Victoria Road SWINTON 338 East Lancashire Road Three bedroom detached house FURNESS VALE 47 Buxton Road & 2 Station Road Terraced house in two self contained flats CHORLTON 61 Mersey Bank Avenue Three bedroom semi detached house MIDDLETON Former Lodge Street Garage OLDHAM 58 Mortimer Street Two bedroom terraced house SALFORD 6 Hersey Street Two bedroom terrace house MOSTON 116 Glen Avenue Two bedroom end terraced house CHEADLE HULME 14 Longsight Lane DARWEN 2 Essex Street Two bedroom end terraced house Four bedroom detached house DUNHAM ON THE HILL Hillcrest Two bedroom detached bungalow SALFORD 43 Grecian Street North Eight bedroom property let at £515 per week GORTON 1 Argyle Street Two bedroom end terraced house SOUTHPORT Flat 3 165a Lord Street One bedroom upper floor apartment SOUTHPORT Flat 2 165a Lord Street One bedroom upper floor apartment OPENSHAW 11 Winslow Street o bedroom terraced house SOUTHPORT Flat 1 165a Lord Street One bedroom upper floor apartment MIDDLETON 1 Hebers Court SOUTHPORT Ground Rents for 3 Properties Three ground rents Two bedroom ground floor apartment BLACKPOOL 1a Marple Avenue SOLD PRIOR TIMPERLEY 36 Riddings Road Shop with upper parts HIGHER BLACKLEY 239 Chapel Lane Three bedroom end terraced house WHALLEY RANGE 38 Hartley Hall Gardens Modern three bedroom mews house MIDDLETON The Brunswick Hotel CHORLTON The Coach House NEWTON HEATH 34 Fenchurch Avenue WALKDEN 308 Bolton Road Commercial property CHEADLE HEATH 55 Stockport Road Three bedroom semi detached house PENDLEBURY 694 Bolton Road Shop with flat above GORTON 7 Beard Road Two bedroom terraced house CHORLTON Flat 6, 3 Oswald Road Tenanted one bed second floor flat BREDBURY 48 Lower Bents Lane Two bedroom terraced house BREDBURY 12 The Broadway Two bedroom semi detached house MOSTON 32 Dresden Street RADCLIFFE 12 Bright Street Two bedroom terraced house Two bedroom semi detached house BELLE VUE 673 Hyde Road Three bedroom terraced house BLACKLEY 36 Alconbury Walk Three bedroom terraced house ECCLES 7 Crossfield Road BLACKLEY 29 Beverley Street Two bedroom terraced house Tenanted two bed ground floor flat WITHINGTON 2b Minehead Avenue Three bedroom semi detached house ROYTON Garage on Lenfield Lane Vacant Garage Is that 4 for Chortlon? http://www.edwardmellor.co.uk/pdf/December_Auction_Catalogue.pdf http://www.rightmove.co.uk/property-for-sale/property-35668451.html http://www.rightmove.co.uk/property-for-sale/property-18935586.html http://www.rightmove.co.uk/property-for-sale/property-35668421.html http://www.rightmove.co.uk/property-for-sale/property-20622705.html Edited November 12, 2011 by SarahBell Quote Link to comment Share on other sites More sharing options...
hirop Posted November 12, 2011 Share Posted November 12, 2011 i very much suspect that if you get into bother on a big mortgage in chorlton, as popular an area as it is, you now have a very limited pool of people you can physically sell too - unless you can take a haircut. Repo's suggest they can't take the haircut and are now being forced. I wondered about the first one on the thread, with all the challenges of buying at auction with a mortgage, just who would rock up and pay cash at an auction for that gaff. Thats a lot of mulla, and its not exactly a downsizing type property. Worst would be builder grabbing it and hacking it into hmo, bad for the building and can be bad for the area. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted November 12, 2011 Author Share Posted November 12, 2011 Worst would be builder grabbing it and hacking it into hmo, bad for the building and can be bad for the area. A lot of big houses have already been chopped up for the students who want to live there. One of the examples in the list is. Quote Link to comment Share on other sites More sharing options...
Venger Posted November 13, 2011 Share Posted November 13, 2011 http://www.rightmove.co.uk/property-for-sale/property-35502233.html It'd be quite a bargain if it went at that price. A bargain at £385,000? They're looking for offers over £385,000 too. From the Edward Mellor catalogue, thanks Sarah, it's number 8 Oswald Road. Flashy looking black cars on the driveway on the Streetview and in another shot woman taking out what I presume are bin bags for rubbish collection. From one of those house price sites which tell you previous sales data. Sale Date 21/12/2005. Price £383,000 Quote Link to comment Share on other sites More sharing options...
Venger Posted November 13, 2011 Share Posted November 13, 2011 http://www.rightmove...y-35402570.html repo too - take on loo on pic 5 That's number 47. It's had a new front doors since streetview went past. Sales Date 14/09/2006. Price £220,000 Both this and the other one both look peaky price to me. Only saved and perhaps looking value to some after the attrition from interest rates held so low for years and all the QE. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted November 13, 2011 Author Share Posted November 13, 2011 I can't rmemeber what the add on is that collates sold prices on houseprices.co.uk Would be intneresting to see. Have seen some general price reductions - am watching mostly cos it's held it's prices quite well up to now I think ... so if Chorlton is turning then it's the end game in sight I think. Maybe. Quote Link to comment Share on other sites More sharing options...
Venger Posted December 1, 2011 Share Posted December 1, 2011 CHEADLE HULME 143 Grove Lane Three bedroom semi detached house I drove past that house yesterday by chance, slowly, because a few houses down used to be spot traffic cops would lurk years ago. Sign right at the front for Edward Mellor and 'Auction' on it. It's on the edge of Cheadle Hulme, Bramhall and Woodford, but technically Cheadle Hulme. Not a house for me but guide priced slightly more towards my attention. Probably needs a fair whack of money spent to modernise it though, and doesn't catch me as being a particularly warm looking house. A Manchester City player, a goalkeeper, either lives or used to live about 10 houses down. I showed it a loved one to give them some encouragement that things are heading our way in terms of prices, with a lot more to come with more patience. http://www.rightmove.co.uk/property-for-sale/property-35316068.html Quote Link to comment Share on other sites More sharing options...
Venger Posted December 1, 2011 Share Posted December 1, 2011 http://www.rightmove...y-35316068.html The adjoining semi, number 141, last sold on 21st Nov 2002 for £242,500. A flicker of encouragement for more value to be found in the market in the weeks ahead, at £240,000 Guide Price. I don't think it sold at the last Edward Mellor auction when guide priced at £250,000. Still it probably needs all the work done to it if the last owners were elderly and haven't spent much on it. So both valuable time and money. Maybe it's not mortgageable? Those 2 trees out front. Can't be easy getting the car out onto that road, and I'd think twice if having young kids with a busy road like that directly outside main house. I can see houses like these soon slipping down to £175K with a few more elderly owners needing to sell, or administrators of their estates, with mortgage tightening and fewer people willing to meet current asking prices, together with lots of improvement work needed. Quote Link to comment Share on other sites More sharing options...
R K Posted December 1, 2011 Share Posted December 1, 2011 First one I've seen going to auction http://www.rightmove...y-35502233.html So maybe not quite that different after all Dehumidifier on the kitchen worktop? Looks like the (re) developer's got into a spot of bother. The plaster isn't even dry yet. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted December 10, 2011 Author Share Posted December 10, 2011 (edited) http://www.edwardmellor.co.uk/pdf/December_Auction_Results.pdf LOT 18 8 OSWALD ROAD CHORLTON CUM HARDY MANCHESTER AVAILABLE AT £450,000 http://www.rightmove.co.uk/property-for-sale/property-35502233.html offers over 385 LOT 29 61 MERSEY BANK AVENUE CHORLTON CUM HARDY MANCHESTER SOLD AT £119,000 LOT 50 THE COACH HOUSE 14 EDGE LANE CHORLTON MANCHESTER AVAILABLE AT £650,000 http://www.rightmove.co.uk/property-for-sale/property-35668451.html?premiumA=true on at 600k LOT 56 FLAT 6 3 OSWALD ROAD CHORLTON CUM HARDY MANCHESTER AVAILABLE AT £65,000 Overall - I think if I've added it up right they sold 29 out of 66 (4 before, 3 after and 22 at the auction) so less than 50% On rightmove for chorlton cum hardy 10th Dec 400 properties in total 288 properties for sale found (exc SSTC) Edited December 10, 2011 by SarahBell Quote Link to comment Share on other sites More sharing options...
Venger Posted December 10, 2011 Share Posted December 10, 2011 http://www.rightmove...y-35316068.html LOT 20 143 GROVE LANE CHEADLE HULME STOCKPORT AVAILABLE AT £260,000 Not sold again, and really still wanting a massive £260,000 despite their £240,000 Guide Price. In last week's paper. Why not use the Edward Mellor guarantee (Subject to survey) ? Could it be something to do with Edward Mellor only being prepared to buy themselves at a price reflecting value, when the markets are also not buying from an open auction. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted December 11, 2011 Author Share Posted December 11, 2011 Gosh! Not seen that advert. Hope they've got bags of money to be buying them all. They let properties too though don't they? Quote Link to comment Share on other sites More sharing options...
Venger Posted December 11, 2011 Share Posted December 11, 2011 Gosh! Not seen that advert. Hope they've got bags of money to be buying them all. They let properties too though don't they? It's probably similar to the QuckBuyMyHouse businesses where their offer to buy is really low. They can't buy all their own auction stock near prices the main auction market aren't showing interest in. Maybe the occasional one. I don't blame Edward Mellor for bolting it on, but don't see too many sellers taking up their offer. If they do its less business for similar companies. Read enough stories about the BMVs landlord types running into trouble and ending up in distress themselves. Edward Mellor's website shows they do let properties but it seems to be on behalf of landlords. Even if it's partly on their own behalf, all the properties to rent I've just looked at on their website seem to be in the lower end, in the less desirable ears. And the high rental prices they're seeking look prone to future shock. Quote Link to comment Share on other sites More sharing options...
Venger Posted December 11, 2011 Share Posted December 11, 2011 LOT 50 THE COACH HOUSE 14 EDGE LANE CHORLTON MANCHESTER AVAILABLE AT £650,000 http://www.rightmove...l?premiumA=true on at 600k Overall - I think if I've added it up right they sold 29 out of 66 (4 before, 3 after and 22 at the auction) so less than 50% On rightmove for chorlton cum hardy 10th Dec 400 properties in total 288 properties for sale found (exc SSTC) Lot 50, available at £650,000 and being rented out for £1,400 a month. At least sellers have to pay entry fees for each auction. And when they don't sell, they're still lumbered with them, when they want to sell. Market slowly worsening for sellers, more owners needing to sell and a market always prone to sudden shock. What are the risks of selling by auction? A wasted entry fee if we fail to sell.http://www.edwardmellor.co.uk/auction/selling/ Not enough sellers in the market with a real need to sell yet. With only 66 lots in the December auction, I don't blame Edward Mellor for not getting too pushy with some sellers to be more realistic with their guide and reserve prices. Seller does it their own way, thinking the market will pay, and at least Edward Mellor gets its entry fee. Quote Link to comment Share on other sites More sharing options...
Venger Posted January 14, 2012 Share Posted January 14, 2012 The adjoining semi, number 141, last sold on 21st Nov 2002 for £242,500. A flicker of encouragement for more value to be found in the market in the weeks ahead, at £240,000 Guide Price. I don't think it sold at the last Edward Mellor auction when guide priced at £250,000. The semi adjoining the house they've been trying to sell at auction which looks like it's not had any work done to it for decades, has just gone on the market. Currently asking a price of £409,950 and bought in 2002 for £242,500. That wreck next door which I doubt any one is living in can't help this new seller's cause. http://www.rightmove...y-36512030.html Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted January 17, 2012 Share Posted January 17, 2012 I have just heard over the jungle drums that fat Kirsty and gormless Phil are in Chorlton today. Got to be worth £50k on the asking price. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted January 17, 2012 Author Share Posted January 17, 2012 I have just heard over the jungle drums that fat Kirsty and gormless Phil are in Chorlton today. Got to be worth £50k on the asking price. Sooner or later property programs have to collide... When will one of that Sian's properties be features on LLL? Quote Link to comment Share on other sites More sharing options...
Venger Posted January 24, 2012 Share Posted January 24, 2012 Gosh! Not seen that advert. Hope they've got bags of money to be buying them all. They let properties too though don't they? They don't make the same offer in their latest local newspaper advertisement for February's auction. No properties of interest for me in February's catalogue for South Manchester. 4 of the 52 entries: The vendor of this property is a director of Edward Mellor Ltd. http://www.edwardmellor.co.uk/auction/catalogue/ Quote Link to comment Share on other sites More sharing options...
SarahBell Posted January 24, 2012 Author Share Posted January 24, 2012 They don't make the same offer in their latest local newspaper advertisement for February's auction. No properties of interest for me in February's catalogue for South Manchester. 4 of the 52 entries: The vendor of this property is a director of Edward Mellor Ltd. http://www.edwardmellor.co.uk/auction/catalogue/ i don't know why anyone would sell to them rather than go to auction... Quote Link to comment Share on other sites More sharing options...
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