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ScaredEitherWay

Today's Homes Under The Hammer

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Just watching HutH and this mornings property geniuses are Paul and Scott. They were lured into property development from watching HutH on their telly (£1 says it's a big plasma, eh!)

They bought a maisonette, guide price £175k, in June 2007 - PEAK of the market.

They paid £226,000 for it.

Here it is: http://62.105.94.133/lond_previous_auction_lot.asp?pos=18

312A Oakleigh Road North, Whetstone, London N20 0RH

They want to turn it round in a month, with a high-end spec and flog it on in 2-3 months for £275k, taking it well over the ceiling of the road. Agent prior to auction said a buyer might be able to get £245-250k for such a maisonette done up.

No sign of a sale yet then: http://www.houseprices.co.uk/e.php?q=312A+N20+0RH&n=10

It's not got to the bit where they've done i t and the agents come round to value it yet.... I'll update this thread when that happens.

Edited by ScaredEitherWay

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Well, update, they have been doing a lot of research on prices and still hope to get £275k

The two local EAs said: "reasonably good quality finish", "most has been refurbished to a good standard" "would have put in new double glazed windows".

Spent £241k on the property

EAs suggested: £249k, £250k

That £9k would be eaten up in fees/mortgage costs so far

They're still convinced the EAs are wrong.

... wonder what it's worth now.

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Just watching HutH and this mornings property geniuses are Paul and Scott. They were lured into property development from watching HutH on their telly (�1 says it's a big plasma, eh!)

They bought a maisonette, guide price £175k, in June 2007 - PEAK of the market.

They paid �226,000 for it.

Here it is: http://62.105.94.133/lond_previous_auction_lot.asp?pos=18

312A Oakleigh Road North, Whetstone, London N20 0RH

They want to turn it round in a month, with a high-end spec and flog it on in 2-3 months for £275k, taking it well over the ceiling of the road. Agent prior to auction said a buyer might be able to get £245-250k for such a maisonette done up.

No sign of a sale yet then: http://www.houseprices.co.uk/e.php?q=312A+N20+0RH&n=10

It's not got to the bit where they've done i t and the agents come round to value it yet.... I'll update this thread when that happens.

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Theyve got a nice Porsche though.

EA Valuation in 226k spent 15k total 241k - wanted valuation of 275k

EAs says 249k and 250k

pfft, you skimped, just to post quicker than me.

If I'd known there was a race I'd have put my slice of cake down!

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pfft, you skimped, just to post quicker than me.

If I'd known there was a race I'd have put my slice of cake down!

Indeed, another hour wasted.

Did the bald one come across as thick?

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Yet another failed project. "We'll rent it out instead"

Is this the one? Linky

rows of wheelie bins. so attractive.

where do the tenants put them when its not collection day?....in the lounge?

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Yet another failed project. "We'll rent it out instead"

Is this the one? Linky

Yes that's it ... I didn't even look on RM as I assumed it'd already be rented... oh dear...

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You choose to watch this shit?

Well, I was working too, it is just on in the background. I work from home so spend about 20 hours/day working, with the TV running in the background as "company" and occasional inspiration.

News 24 is good when there's big news or disasters...

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Well, I was working too, it is just on in the background. I work from home so spend about 20 hours/day working, with the TV running in the background as "company" and occasional inspiration.

News 24 is good when there's big news or disasters...

Me too.

I watched HuTH too and couldn't stop laughing at these two. Climbing out of their Porsche and slowly removing sun glasses, filmed strolling down the road in slow motion, with no sense of irony. :lol:

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I do.

I think it's great. Really fun for a laugh!

tim

I agree. Indeed HuTH could also be termed quality satire and hilarious. Chris Morris could not do better.

Also the other property master piece, Home Exchange, seems to have disapeared. Programme just didn't work, as no one would realistically exchange! :lol:

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