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House Price Crash Forum


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About jmm6612

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  1. Hi Venger I know a lot of people in the area having lived in Bowdon for 15 years. Most are couples rattling around in large houses now that the children have left home. A few have cashed in and downsized or moved aboard, but the majority have stayed put. It is a sad waste of accommodation but I don't know what might trigger an exodus.
  2. The hale property was sold by friends. They made good money out of property in the area over the last 25 + years. You can see where they spent It at www.alfrescoproperty.co.uk
  3. Just look at rightmove house prices in postcodes such as b1-3 ,m1-3 and ls1-3 it is carnage! Sorting by date shows the hits that are being taken. Sort by price descending in any area north of Watford and nothing seems to be selling over 800k after 2010
  4. jmm6612


    Any comments on the flat in bowdon? Edward Mellor auction February
  5. jmm6612


    Totally agree Venger. On reflection should only be about 80k offering as a lot of risk attached to the refurb/build and you would want an above average yield for the multiple/transient occupancy. I am not into btl either so would not touch it at all.
  6. jmm6612


    Went to see the cottage in the grounds of the nursing home. Was a coach house extended probably in 70's in 9 inch brick. No windows in rear wall. Very dark in beds due to main building being close. Also know a nurse who used to visit there and she confirmed the full car park at weekends. Only suitable for a btl imo. Could get 3 beds by dividing up living room so 3 migrant carers at 250 a month each? £120k max after refurb? I also know the guy selling the 3 bed detached in grove lane if someone wants to make an offer.

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