rattusrattus Posted October 17, 2017 Share Posted October 17, 2017 I live five miles from that house and even I got a brochure this week, and I don't think that estate agent has my address so they must be sending it randomly to thousands of people. Very bizzarre. Quote Link to comment Share on other sites More sharing options...
2buyornot2buy Posted October 17, 2017 Share Posted October 17, 2017 1 hour ago, rattusrattus said: I live five miles from that house and even I got a brochure this week, and I don't think that estate agent has my address so they must be sending it randomly to thousands of people. Very bizzarre. Madness. I thought they were blitzing the bt9ers. Some dough getting dropped there. Classic example of overdevelopment. Quote Link to comment Share on other sites More sharing options...
JoeDavola Posted October 31, 2017 Share Posted October 31, 2017 Purely anecdotal, but I browsed thorough Belfast apartments earlier and I'm seeing loads that have been on the market for months - perhaps apartments just take a bit longer to sell than houses do, but I'd be wary of paying the asking prices on a flat that's not sold after several months. Quote Link to comment Share on other sites More sharing options...
zamo Posted October 31, 2017 Share Posted October 31, 2017 7 hours ago, JoeDavola said: Purely anecdotal, but I browsed thorough Belfast apartments earlier and I'm seeing loads that have been on the market for months - perhaps apartments just take a bit longer to sell than houses do, but I'd be wary of paying the asking prices on a flat that's not sold after several months. I don't think its just apartments. Anything over 300K seems to sit on the market for 6 months and then gets relisted at the same price again, or with Gerry Oconnor at an even crazier price. It just doesn't make sense. Quote Link to comment Share on other sites More sharing options...
father_v Posted November 8, 2017 Share Posted November 8, 2017 On 31/10/2017 at 8:50 PM, zamo said: I don't think its just apartments. Anything over 300K seems to sit on the market for 6 months and then gets relisted at the same price again, or with Gerry Oconnor at an even crazier price. It just doesn't make sense. They're right on apartments in BT9 - people asking for double for very little difference. Similar story with the above 300 comment, people are just overpricing the postcode: https://www.propertypal.com/49-richmond-park-stranmillis-park-belfast/480028 Quote Link to comment Share on other sites More sharing options...
JoeDavola Posted November 13, 2017 Share Posted November 13, 2017 £20K drop in BT9 from £185K to £165K: https://www.propertynews.com/Property/Belfast/BCCE786506/50-Vauxhall-Park/431393647/ Quote Link to comment Share on other sites More sharing options...
2buyornot2buy Posted November 13, 2017 Share Posted November 13, 2017 2 hours ago, JoeDavola said: £20K drop in BT9 from £185K to £165K: https://www.propertynews.com/Property/Belfast/BCCE786506/50-Vauxhall-Park/431393647/ Not a bad price Joe. You should view that. Quote Link to comment Share on other sites More sharing options...
JoeDavola Posted November 13, 2017 Share Posted November 13, 2017 28 minutes ago, 2buyornot2buy said: Not a bad price Joe. You should view that. Perhaps. It sat at £185K for ages so I'm wondering if there's something negative about it that the pictures don't show. But yes worth a view. What I'd really like is one of the detached ones on Sharman but they're at least £65K more. Quote Link to comment Share on other sites More sharing options...
2buyornot2buy Posted November 13, 2017 Share Posted November 13, 2017 57 minutes ago, JoeDavola said: Perhaps. It sat at £185K for ages so I'm wondering if there's something negative about it that the pictures don't show. But yes worth a view. What I'd really like is one of the detached ones on Sharman but they're at least £65K more. I'd be tempted to view and out in an offer on a Sharman one. Are there many listed? Use this one as an example of why you offered x. Quote Link to comment Share on other sites More sharing options...
GEN_X Posted November 13, 2017 Share Posted November 13, 2017 5 hours ago, JoeDavola said: £20K drop in BT9 from £185K to £165K: https://www.propertynews.com/Property/Belfast/BCCE786506/50-Vauxhall-Park/431393647/ This is an encouraging sign hopefully more drops will follow soon Quote Link to comment Share on other sites More sharing options...
Jay Solo Posted November 14, 2017 Share Posted November 14, 2017 Hi Joe, I went to view that property 50 Vauxhall the other week - a woman had a bid in at £165k with a quote of £60k to sort out everything wrong with the house. I'm handy so wouldn't cost me as much but I would not even pay £145k for it to be honest. The garage is falling down so that is worthless. That whole 60s style panelling at the front and back of house needs ripping off and replacing or pebbledashing, insulating etc. All electric points are singles but not a big job. The photographer deserves an award because inside the house is not as great in real life. 3rd room is small. Nice street but I asked myself do I want to be paying a 25 year mortgage for this house and the answer was an overwhelming no. It would be a money pit. Especially if prices are coming down, which I believe they are. You don't have to take my word, go view it and let me know your thoughts... Quote Link to comment Share on other sites More sharing options...
2buyornot2buy Posted November 14, 2017 Share Posted November 14, 2017 (edited) 12 hours ago, Jay Solo said: Hi Joe, I went to view that property 50 Vauxhall the other week - a woman had a bid in at £165k with a quote of £60k to sort out everything wrong with the house. I'm handy so wouldn't cost me as much but I would not even pay £145k for it to be honest. The garage is falling down so that is worthless. That whole 60s style panelling at the front and back of house needs ripping off and replacing or pebbledashing, insulating etc. All electric points are singles but not a big job. The photographer deserves an award because inside the house is not as great in real life. 3rd room is small. Nice street but I asked myself do I want to be paying a 25 year mortgage for this house and the answer was an overwhelming no. It would be a money pit. Especially if prices are coming down, which I believe they are. You don't have to take my word, go view it and let me know your thoughts... Welcome Jay. Interesting bit of info on the house. 60k is a lot. It really must be in bad nick. Good for others buying on the street if it goes for less. Brings down the valuation of others that come up for sale. Edited November 14, 2017 by 2buyornot2buy Quote Link to comment Share on other sites More sharing options...
BelfastVI Posted November 14, 2017 Share Posted November 14, 2017 11 hours ago, Jay Solo said: Hi Joe, I went to view that property 50 Vauxhall the other week - a woman had a bid in at £165k with a quote of £60k to sort out everything wrong with the house. I'm handy so wouldn't cost me as much but I would not even pay £145k for it to be honest. The garage is falling down so that is worthless. That whole 60s style panelling at the front and back of house needs ripping off and replacing or pebbledashing, insulating etc. All electric points are singles but not a big job. The photographer deserves an award because inside the house is not as great in real life. 3rd room is small. Nice street but I asked myself do I want to be paying a 25 year mortgage for this house and the answer was an overwhelming no. It would be a money pit. Especially if prices are coming down, which I believe they are. You don't have to take my word, go view it and let me know your thoughts... its unusual for repairs to end up costing less than first anticipated. Quote Link to comment Share on other sites More sharing options...
JoeDavola Posted November 14, 2017 Share Posted November 14, 2017 11 hours ago, Jay Solo said: Hi Joe, I went to view that property 50 Vauxhall the other week - a woman had a bid in at £165k with a quote of £60k to sort out everything wrong with the house. I'm handy so wouldn't cost me as much but I would not even pay £145k for it to be honest. The garage is falling down so that is worthless. That whole 60s style panelling at the front and back of house needs ripping off and replacing or pebbledashing, insulating etc. All electric points are singles but not a big job. The photographer deserves an award because inside the house is not as great in real life. 3rd room is small. Nice street but I asked myself do I want to be paying a 25 year mortgage for this house and the answer was an overwhelming no. It would be a money pit. Especially if prices are coming down, which I believe they are. You don't have to take my word, go view it and let me know your thoughts... Hi Jay, welcome to the site. I can well believe that all you say is true; as I took a walk around the area a few months back and what struck me was that many of the houses seemed to be in bad states of repair. I know from my little brother's search from a house over the last couple of years that photos can be deceptive; the houses frequently don't look anywhere as good in real life as they do in photos. For me that house isn't worth spending north of £200K, I don't know why anyone would when they could probably get this for £230K: https://www.propertynews.com/Property/BELFAST/TRLTRL83543/3-Sharman-Drive/431461475/  Quote Link to comment Share on other sites More sharing options...
rattusrattus Posted November 14, 2017 Share Posted November 14, 2017 8 hours ago, JoeDavola said: the houses frequently don't look anywhere as good in real life as they do in photos. Funny I noticed the opposite in London. They couldn't be bothered to take flattering photos. Whether the camera was out of focus or not, the house is still definitely going to sell for a fortune. Quote Link to comment Share on other sites More sharing options...
Jay Solo Posted November 14, 2017 Share Posted November 14, 2017 Yes the Sharman Drive house looks a lot more value for money. Unfortunately out of my price range but a solid house. I have noticed a few sellers have cut prices, I don't know if that is just time of year or are people just overpricing? I have been reading the forum the last few weeks, so much info. The Northern Ireland HPI report was released today saying house prices have gone up 6% in a year (3% up from last Quarter). I'm thinking the prices will stall at least over the next quarter as I was planning to buy early next year. One can hope! Quote Link to comment Share on other sites More sharing options...
JoeDavola Posted November 15, 2017 Share Posted November 15, 2017 Just listed today, 2.5 bed semi that needs complete redecorating - yours for a cool quarter million: https://www.propertynews.com/Property/Belfast/UPS11217-2-10089739/57-Willesden-Park/431543658/ Quote Link to comment Share on other sites More sharing options...
JoeDavola Posted November 15, 2017 Share Posted November 15, 2017 ...or for an extra £100K on top of that, you can buy half a house in Malone: https://www.propertynews.com/Property/Belfast/TRLTRL66495/29-Osborne-Drive/431545624/ Quote Link to comment Share on other sites More sharing options...
Jay Solo Posted November 15, 2017 Share Posted November 15, 2017 7 hours ago, JoeDavola said: Just listed today, 2.5 bed semi that needs complete redecorating - yours for a cool quarter million: https://www.propertynews.com/Property/Belfast/UPS11217-2-10089739/57-Willesden-Park/431543658/ 1/4 mil for my grans house.......tempting..... 7 hours ago, JoeDavola said: ...or for an extra £100K on top of that, you can buy half a house in Malone: https://www.propertynews.com/Property/Belfast/TRLTRL66495/29-Osborne-Drive/431545624/ The Templeton Robinson valuers are smoking some strong dope, I'm convinced. They are shocking for overpricing... Quote Link to comment Share on other sites More sharing options...
Thorn Posted November 20, 2017 Share Posted November 20, 2017 On 11/14/2017 at 9:18 PM, Jay Solo said: Yes the Sharman Drive house looks a lot more value for money. Unfortunately out of my price range but a solid house. I have noticed a few sellers have cut prices, I don't know if that is just time of year or are people just overpricing? I have been reading the forum the last few weeks, so much info. The Northern Ireland HPI report was released today saying house prices have gone up 6% in a year (3% up from last Quarter). I'm thinking the prices will stall at least over the next quarter as I was planning to buy early next year. One can hope! You have to look at volumes of sales as well as the headline figures. Otherwise you can get all excited by partial-stats. Then you might  think that one or two Boomers buying some Big Houses off one or two other Boomers is a well functioning guide to the whole market. If you haven't done this already, check out Zoopla/ Search by/ Most Reduced - then choose your area and get scrolling. You will see some houses in NIreland that have been sitting for literally ages not sold. Or sale agreed. Which is sort of the same thing in a lot of cases. Then ask yourself why are they not selling...  Quote Link to comment Share on other sites More sharing options...
whome_yesyou Posted November 25, 2017 Share Posted November 25, 2017 On 07/09/2017 at 2:07 PM, 2buyornot2buy said: More bt9 madness. https://www.propertynews.com/Property/Belfast/GOCGOC8419/194-Stranmillis-Road/426285598/ Circ 2000 sq ft. I make it closer to 1600. Bt9 back in bubble territory. A smallish semi with no garden going for 475k is madness.  I viewed this site. It was on for 125k with BTW.  Walked past these last week, both agreed. What kind of mugs would see value in that... Quote Link to comment Share on other sites More sharing options...
2buyornot2buy Posted November 26, 2017 Share Posted November 26, 2017 (edited) On 25/11/2017 at 11:35 AM, whome_yesyou said: Walked past these last week, both agreed. What kind of mugs would see value in that... Both fallen through now. Agreed signs down now.  I agreed though, you' need to have your head looked at to pay that. Edited November 26, 2017 by 2buyornot2buy Quote Link to comment Share on other sites More sharing options...
JoeDavola Posted December 4, 2017 Share Posted December 4, 2017 3 bedroom apartment, BT9, half a million quid: https://www.propertynews.com/Property/Belfast/ECSECS46966/Apt-66b-Harberton-BT9/432821458/ Would something like this have been any more expensive at the peak? Quote Link to comment Share on other sites More sharing options...
JoeDavola Posted December 4, 2017 Share Posted December 4, 2017 36 minutes ago, willie said: you would need to be mad to pay that - management fees on top too. I'd love to know what demographic they're pricing that for - who pays half a mill for an apartment in this country? Quote Link to comment Share on other sites More sharing options...
JoeDavola Posted December 14, 2017 Share Posted December 14, 2017 More BT9 bubbly action: £500K: https://www.propertynews.com/Property/Belfast/CBF482467/7-Camden-Street/433434347/ 2 bed apartment for £225K: https://www.propertynews.com/Property/Belfast/DRTDRT1200/3-Deramore-Court/433434347/ Quote Link to comment Share on other sites More sharing options...
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