Jump to content
House Price Crash Forum
Charlie Don't Surf

Overpriced Sh!thole Thread

Recommended Posts

Which would you choose?

http://www.rightmove.co.uk/property-for-sa...y-15591589.html

vs

http://www.rightmove.co.uk/property-for-sa...y-12908799.html

The former is in a unattractive village with no real redeeming features except proximity to the town that the latter is in.

I tried selling a much more attractive 4 bed house 3 miles away at just over a third this price for 9 months and gave up.

Share this post


Link to post
Share on other sites
I happen to rather like pebbledash.

In a miserable, murky Cornish winter in Crowlas you wouldn't - believe me.

I looked at the first place and chuckled at the look of it for the price. When I saw it was in Crowlas I nearly fell off my chair. I know Cornwall has been ravaged by the holiday home brigade but even they would not be daft enough to go for this sh!thole surely?

Edited by chubba

Share this post


Link to post
Share on other sites

I agree the first one looked like a s!ithole from the photo but the seconds one also amused me. It is about as en-suite as they come.

Share this post


Link to post
Share on other sites

What happened to flat 2 in the first one?

The description says it's divided into four flats, no.s 1.3,4,5.

I bet you flat 2 is the garage round the corner and it's on sale separately for 100k.

Share this post


Link to post
Share on other sites
Which would you choose?

http://www.rightmove.co.uk/property-for-sa...y-15591589.html

vs

http://www.rightmove.co.uk/property-for-sa...y-12908799.html

The former is in a unattractive village with no real redeeming features except proximity to the town that the latter is in.

I tried selling a much more attractive 4 bed house 3 miles away at just over a third this price for 9 months and gave up.

It is pretty sad actually. Do locals actually live in these areas anymore?

Share this post


Link to post
Share on other sites
Try this one. Nearly quarter of a million quid to live next door to an electricity sub-station!

http://www.rightmove.co.uk/property-for-sa...25%26index%3D10

Two bed detached bungalows are always in demand at sensible prices. Low running costs, suit oldies etc.

Asking prices of property near to 'small' sub stations do not appear lower in my South London suburb.

Share this post


Link to post
Share on other sites
* FOUR ONE BEDROOM FLATS * ALL DOUBLE GLAZED * FLATS HAVE PARKING AND DRYING AREA *

Is that a veiled advertisement to recruit more home growers?

Share this post


Link to post
Share on other sites
Asking prices of property near to 'small' sub stations do not appear lower in my South London suburb.

But they're usually harder to sell - if the buyer notices - so they often end up selling for less.

Share this post


Link to post
Share on other sites

I think this illustrates a point though, the first place is obviously rubbish and should drop in price - and most of us predict that it will. But the second one looks nicer and its price is much more likely to hold up.

So this is great news for anyone wanting to buy the first place at a knock down price but the reality is no one would really want to. We want to buy the second nice place, but, because it is nice, the value is going to hold much better.

So the price of property one will drop, "average" prices go down and everyone goes oh look there's a HPC. But nice places in nice areas are still out of my budget :(. I think this is why there are a lot of dissappointed people around here who were expecting to buy a Mayfair town house on their junior pen pusher wage.

I still believe that only the best off can get the best houses but hey I can't wait to be proved wrong on that :D!

Edited by Orbital

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   288 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.