pie-eater Posted July 31, 2009 Author Share Posted July 31, 2009 This is the development I mention in my initial post. http://www.zoopla.co.uk/for-sale/details/922851 Bargain......... Doesn't look cheaply thrown up at all. Quote Link to comment Share on other sites More sharing options...
RealtyFisch Posted July 31, 2009 Share Posted July 31, 2009 This is the development I mention in my initial post.http://www.zoopla.co.uk/for-sale/details/922851 Bargain......... Doesn't look cheaply thrown up at all. The balcony overlooking the Pentonville Road is a nice touch. Horrible building, one can only hope nobody buys any of the flats and someone else comes in to knock it down. Quote Link to comment Share on other sites More sharing options...
pie-eater Posted July 31, 2009 Author Share Posted July 31, 2009 The balcony overlooking the Pentonville Road is a nice touch. Horrible building, one can only hope nobody buys any of the flats and someone else comes in to knock it down. But the development is 'exciting', so worth the money. The fact it's on one of the busiest roads in London, poorly built and a poor example of what the asking price can get you in N1/EC1 doesn't matter. As Mr T would say (guessing) if he saw it, "I pitty the fools". I'm sure £400k will get you a nice place (bigger & quieter) 1/4 mile away in the much nicer Barnsbury. Quote Link to comment Share on other sites More sharing options...
RealtyFisch Posted August 3, 2009 Share Posted August 3, 2009 (edited) I'm sure £400k will get you a nice place (bigger & quieter) 1/4 mile away in the much nicer Barnsbury. I thought it was about £360k for 2 beds? I think you'd still be doing pretty well to get a 2 bed in decent nick in Barnsbury, Bloomsbury or Finsbury for that - but certainly you should be pricing Kings Cross below its more attractive neighbours if you want to sell, even before you take account of that particular building's many unattractive features. Edited August 3, 2009 by RealtyFisch Quote Link to comment Share on other sites More sharing options...
RealtyFisch Posted August 3, 2009 Share Posted August 3, 2009 My mistake, it does say 425. Ridiculous. Quote Link to comment Share on other sites More sharing options...
geno Posted August 5, 2009 Share Posted August 5, 2009 Most of the trash around there live in the very many hostels that are nestled in with the private residences. That's where you are going to end up when you lose your ridiculously overpaid job. Quote Link to comment Share on other sites More sharing options...
pie-eater Posted August 5, 2009 Author Share Posted August 5, 2009 That's where you are going to end up when you lose your ridiculously overpaid job. Who? I don't get paid enough IMO; and I don't live in KX Quote Link to comment Share on other sites More sharing options...
RealtyFisch Posted August 5, 2009 Share Posted August 5, 2009 Maybe he means me - not to worry mate, the market for Cambodian slave kids remains robust. Quote Link to comment Share on other sites More sharing options...
jasonl Posted August 10, 2009 Share Posted August 10, 2009 What on God's green earth do you do to be able to afford 410 grand for a flat? The reason that the drunks junkies and hookers have not been around is because there has been a ludicrous 10 year bubble that has created a ridiculous false economy that has led most idiots to believe that they can afford to borrow 410 grand.The undesireable street people have probably all been given stupid amounts of money by greedy banks and are probably now living in a vastly overpriced flat next door to you. Believe me, they (and possibly you), will be out on the streets again very soon. This is like watching millions of headless chickens running around next to the edge of a cliff. Buckle up boys, this will be the worst ride of your lives. wow that's a scary picture you're painting, Back to the Future 3 comes to mind! I can see your argument that simply because an area has appeared affluent over the last 10 years doesn't mean it can't quickly return to junkie heaven.... Quote Link to comment Share on other sites More sharing options...
Cat in the Hat Posted August 11, 2009 Share Posted August 11, 2009 wow that's a scary picture you're painting, Back to the Future 3 comes to mind! I can see your argument that simply because an area has appeared affluent over the last 10 years doesn't mean it can't quickly return to junkie heaven.... Actually Islington is both affluent and junkie heaven. It's cheek by jowl. There is absolutely no income spread in this area. You either live in a council flat (with a 70% unemployment rate) or you are rich enough to live in a property costing £400k+. If you have a 'normal' job (or any job at all) you're ineligible for council housing but can't buy as you'd need to borrow 10 or 15 times your income for a one bed flat. So you rent from a BTL landlord instead, as they've hoovered up all the ex-LA property in the area and charge it out at 3 or 4 times council rent. Bitter? Just a bit..... Quote Link to comment Share on other sites More sharing options...
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