douggggy Posted March 17, 2009 Share Posted March 17, 2009 had the `pleasure` of viewing this early last year when was unfinnished and waiting for a buyer to pay £236,000 for it oh dear............................ http://www.rightmove.co.uk/property-for-sa...s%26index%3D140 Quote Link to comment Share on other sites More sharing options...
ccc Posted March 17, 2009 Share Posted March 17, 2009 That is some drop in 12 months. I know someone who bought somewhere and then saw next door for sale 12 months later for 100k less. There must be a lot of these people about. You won't hear them telling all and sundry about it though. Unlike those who made 100k in just 12 months during the peak of the bubble. You can be rest assured they told every man and their dog. Anyway - why do they give a brand new 3 bedroom house such a tiny living room ?!! Quote Link to comment Share on other sites More sharing options...
HAMISH_MCTAVISH Posted March 17, 2009 Share Posted March 17, 2009 had the `pleasure` of viewing this early last year when was unfinnished and waiting for a buyer to pay £236,000 for it oh dear............................ Are you sure? The neighbouring house appears to be 56 Sandpiper, which sold for £145,995 in Nov 07..... And as this one is on at offers over 136K, that makes a lot of sense. In fact, according to ourproperty, there are a number of houses in that development that sold for around the 230K mark, BUT, at least one of them (44 sandpiper) is listed as a 4 bed with two reception rooms, not a 3 bed with one reception, so is it possible they all are? Quote Link to comment Share on other sites More sharing options...
copper crutch Posted March 17, 2009 Share Posted March 17, 2009 (edited) had the `pleasure` of viewing this early last year when was unfinnished and waiting for a buyer to pay £236,000 for it oh dear............................ http://www.rightmove.co.uk/property-for-sa...s%26index%3D140 Does not surprise me, however if you want big drops in a short periodtry Granton Harbour in Edinburgh, 3 beds sold for 355k, in 06 now selling for 150k or less. What would you be thinking if you bought in at 355 only to see your next door neigbour sell up for 150k a few years later and you had a together mortgage with Northern Rock at 125% of the initial purchase price :angry: Edited March 17, 2009 by thecrutchster Quote Link to comment Share on other sites More sharing options...
douggggy Posted March 18, 2009 Author Share Posted March 18, 2009 big problem for the builders here is that the `estate` isn`t finished, yet there are (lots!) of people now trying to sell their property already, so who is going to pay full price for a property when a one/two year old one is £100,000 less ?? noticed that one of the agents boards this week had a bright pink anarcist `A` graffitti sprayed on it... always a good sign of an up and coming area.... Quote Link to comment Share on other sites More sharing options...
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