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Most Overpriced Sh*thole Post your entries here, folks... Rate Topic: -----

#1 User is offline   Nico 

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Posted 07 December 2004 - 06:52 PM

Has this one been done already ? Apologies if so.

Well, we must be close to the peak of the market and this means that there are going to be some ridiculously overpriced places out there. This is our chance to pick out the places that we will probably looking back on with a certain amount of disbelief.

When I saw what was essentially a trailer in St Albans for £170k (ground rent extra) it did make me laugh. Well....I thought that it would be fun to post the worst ones that you have come across.

Now I don't mean a really small studio flat in Chelsea or anything like that - I was thinking more along the lines of council flats in Peckham for £200k, wooden bungalows in Cardiff for £160k or terrace houses in Moss Side for...well.....any amount really.

To get the ball rolling (and I realise this isn't the best example), here is what is essentially the smallest council flat in North London for £155k. Complete with resident junkies and urine-stained stairwells. Mmmm. Nice.

http://www.foxtons.co.uk/search?md5=a7e463...urce=thumbnails

Go on - I am sure you guys can do better....

#2 User is offline   Crazy88s 

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Posted 07 December 2004 - 06:58 PM

If I committed armed robbery Her Majesty would provide me with better accomadtion!

The best shit hole - how about the whole Greater London Area, Manchester and Birmingham. In fact the whole UK!

The nation is mentally retarded for paying these prices for such poor quality.

#3 User is offline   Cityfool 

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Posted 07 December 2004 - 07:08 PM

Nico, on Dec 7 2004, 06:52 PM, said:

Has this one been done already ? Apologies if so.

Well, we must be close to the peak of the market and this means that there are going to be some ridiculously overpriced places out there. This is our chance to pick out the places that we will probably looking back on with a certain amount of disbelief.

When I saw what was essentially a trailer in St Albans for £170k (ground rent extra) it did make me laugh. Well....I thought that it would be fun to post the worst ones that you have come across.

Now I don't mean a really small studio flat in Chelsea or anything like that - I was thinking more along the lines of council flats in Peckham for £200k, wooden bungalows in Cardiff for £160k or terrace houses in Moss Side for...well.....any amount really.

To get the ball rolling (and I realise this isn't the best example), here is what is essentially the smallest council flat in North London for £155k. Complete with resident junkies and urine-stained stairwells. Mmmm. Nice.

http://www.foxtons.co.uk/search?md5=a7e463...urce=thumbnails

Go on - I am sure you guys can do better....
<{POST_SNAPBACK}>



http://www.rightmove.co.uk/rm/template/pub...pa_n=1&tr_t=buy

Over 100K for a shoe box in Merthyr Tydfil the only town to have been awarded viz's tip of the month twice.

You would have to be earning roughly 30K a year to sensibly afford that.

#4 User is offline   Crazy88s 

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Posted 07 December 2004 - 07:14 PM

Cityfool, on Dec 7 2004, 07:08 PM, said:

http://www.rightmove.co.uk/rm/template/pub...pa_n=1&tr_t=buy

Over 100K for a shoe box in Merthyr Tydfil the only town to have been awarded viz's tip of the month twice.

You would have to be earning roughly 30K a year to sensibly afford that.
<{POST_SNAPBACK}>


This house is not all that bad, a city trader would buy that with his luncheon voucher!

Only joking. It is in the vally's after all.

#5 User is offline   zzg113 

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Posted 07 December 2004 - 07:28 PM

http://www.rightmove.co.uk/rm/template/pub...pa_n=2&tr_t=buy


£300,000 for this dump right next to the Broadwater Farm Estate. (scene of PC Keith Blakelock's murder)
Al Greenspan, who facilitated the birth of world-wide HPI with irrationally exuberant interest rates

mortgage

#6 User is offline   Crazy88s 

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Posted 07 December 2004 - 07:31 PM

zzg113, on Dec 7 2004, 07:28 PM, said:

http://www.rightmove.co.uk/rm/template/pub...pa_n=2&tr_t=buy
£300,000 for this dump right next to the Broadwater Farm Estate. (scene of PC Keith Blakelock's murder)
<{POST_SNAPBACK}>


I just love the kictchen wall paper, it goes so well with the yellow toaster and slaughter house tiles. Surely not even in luny London people would pay 300K for disgusting looking grothole like that!

#7 User is offline   zzg113 

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Posted 07 December 2004 - 07:31 PM

Never mind the decor man, think about the location!!!!!!!!!!!!!!!!
Al Greenspan, who facilitated the birth of world-wide HPI with irrationally exuberant interest rates

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#8 User is offline   Crazy88s 

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Posted 07 December 2004 - 07:33 PM

Is that the place where we had all those riots by any chance?

#9 User is offline   Bubble Pricker 

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Posted 07 December 2004 - 07:36 PM

Nico, on Dec 7 2004, 06:52 PM, said:

Well, we must be close to the peak of the market


We are well beyond the peak of the market, which occured in April 2004.
"<i>Stocks have reached what looks like a permanently high plateau.</i>" -- Irving Fisher, Professor of Economics, Yale University, October 1929.

#10 User is offline   zzg113 

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Posted 07 December 2004 - 07:39 PM

http://news.bbc.co.u...i/uk/304688.stm


Posted Image
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#11 User is offline   TW11 

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Posted 07 December 2004 - 07:57 PM

Nico, on Dec 7 2004, 06:52 PM, said:

Has this one been done already ? Apologies if so.

Well, we must be close to the peak of the market and this means that there are going to be some ridiculously overpriced places out there. This is our chance to pick out the places that we will probably looking back on with a certain amount of disbelief.

When I saw what was essentially a trailer in St Albans for £170k (ground rent extra) it did make me laugh. Well....I thought that it would be fun to post the worst ones that you have come across.

Now I don't mean a really small studio flat in Chelsea or anything like that - I was thinking more along the lines of council flats in Peckham for £200k, wooden bungalows in Cardiff for £160k or terrace houses in Moss Side for...well.....any amount really.

To get the ball rolling (and I realise this isn't the best example), here is what is essentially the smallest council flat in North London for £155k. Complete with resident junkies and urine-stained stairwells. Mmmm. Nice.

http://www.foxtons.co.uk/search?md5=a7e463...urce=thumbnails

Go on - I am sure you guys can do better....
<{POST_SNAPBACK}>



**** me! I didn't think Foxtons would touch anything at the 155k mark.

I can just see the spotty agent taking that picture whilst some scrote nicked the hub caps off his mini ... :lol:

#12 User is offline   No.8 

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Posted 07 December 2004 - 08:03 PM

How about this one? This seems to have been slipped in between two houses whilst no one was looking. :lol:
Yours for only £162,500. :blink:

http://www.rightmove.co.uk/rm/template/pub...pa_n=6&tr_t=buy

#13 User is offline   Dicky 

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Posted 07 December 2004 - 08:05 PM

No.8, on Dec 7 2004, 09:03 PM, said:

How about this one? This seems to have been slipped in between two houses whilst no one was looking. :lol:
Yours for only £162,500.  :blink:

http://www.rightmove.co.uk/rm/template/pub...pa_n=6&tr_t=buy
<{POST_SNAPBACK}>



Thats a ****ing beach hut for 162K. Has the world gone mad!!
To know the road ahead, ask those coming back.

#14 User is offline   Bear Goggles 

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Posted 07 December 2004 - 08:24 PM

There's always this lovely place on the infamous Blackbird Leys estate just outside Oxford. No dreaming spires here, just stolen mopeds!

Yours for 175K... The photos obviously don't do it justice
Whenever people agree with me I always feel I must be wrong.

#15 User is offline   No Muggy Bear 

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Posted 07 December 2004 - 08:27 PM

http://www.rightmove.co.uk/rm/template/pub...pa_n=1&tr_t=buy

Just to prove there are still affordable home in the UK. See? What are you all moaning bout?
This is a delightful home, cosy, warm cos the neighbours set your house on fire every other night and theres a real close knit feeling in this village cos they all know each others business (like what day your giro comes so they can nick it).
PS I was actually going to buy one of these about four years ago for £4k (no joke thats how much they were) because myself and a few friends thought it would be a good place to hide dead bodies! Joke. No, we thought the council was going to knock it down and build on it a new development, befitting to the golf course they were thinking (or have) of putting there. Meaning they would pay us off a nice amount to buy the land (a lot of the houses round the few streets that make up this area are empty). Wish I had bought it now. it 10x the price it was four years ago.
Sorry to offend anyone who lives/grew up there.
Lets party like it's 1929

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