Jump to content
House Price Crash Forum

Recommended Posts

This sub-forum doesn't see much action does it? No matter.

Yes, it used to be a pub.

Yes, it's right next to the river so the possibility of flooding.

Yes, it's a flat.

Yes, the service charge is probably horrendous.....

But it's still quite a big drop. And it's been up for sale at £103k (33% off) for a year. Could easily halve in "value".

Rightmove

1587_KMR302923_IMG_03_0002_max_620x414.jpg

Properdybee

Sun Aug 5 08:27:53 2012

Status changed: from 'New home, New home' to 'New home'

Wed Apr 11 13:34:30 2012

Status changed: from 'New home' to 'New home, New home'

Wed Nov 16 19:48:29 2011

Status changed: New home, Premium Listing home

Thu Jul 21 17:37:12 2011

Price changed: from '£121,500' to '£103,275'

Thu Mar 10 12:54:20 2011

Status changed: New home home, Premium Listing

Thu Mar 3 20:56:48 2011

Subtitle changed: 1 bedroom ground floor flat

Wed Feb 16 21:04:07 2011

Price changed: from '£121,000' to '£121,500'

Thu Feb 3 22:17:43 2011

Brief Description changed: FOR 6 WEEKS ONLY UPTO 10% OFF THE ASKING PRICE *** WAS £149,000 - NOW £135,000***Apartment Apartment two is located on the ground floor and retains many original features and has views over the Canal Basin and Courtyard. The apartment retains many original features from the hotel.

Price changed: from '£135,000' to '£121,000'

Fri Nov 26 00:13:44 2010

Brief Description changed: FOR 6 WEEKS ONLY UPTO 10% OFF THE ASKING PRICE *** WAS ¿149,000 £149,000 - NOW ¿135,000***Apartment £135,000***Apartment two is located on the ground floor and retains many original features and has views over the Canal Basin and Courtyard. The apartment retains many original features from the hotel.

Wed Nov 24 19:42:08 2010

Brief Description changed: FOR 6 WEEKS ONLY UPTO 10% OFF THE ASKING PRICE *** WAS £149,000 ¿149,000 - NOW £135,000***Apartment ¿135,000***Apartment two is located on the ground floor and retains many original features and has views over the Canal Basin and Courtyard. The apartment retains many original features from the hotel.

Thu Oct 7 21:50:02 2010

Brief Description changed: FOR 6 WEEKS ONLY UPTO 10% OFF THE ASKING PRICE *** WAS £149,000 - NOW £134,000***Apartment £135,000***Apartment two is located on the ground floor and retains many original features and has views over the Canal Basin and Courtyard. The apartment retains many original features from the hotel.

Price changed: from '£134,000' to '£135,000'

Thu Aug 19 07:07:30 2010

Brief Description changed: Apartment FOR 6 WEEKS ONLY UPTO 10% OFF THE ASKING PRICE *** WAS £149,000 - NOW £134,000***Apartment two is located on the ground floor and retains many original features and has views over the Canal Basin and Courtyard. The apartment retains many original features from the hotel.

Price changed: Offers in Region of £149,000 £134,000

Thu Aug 12 04:13:33 2010

Initial entry found.

Link to post
Share on other sites

This sub-forum doesn't see much action does it? No matter.

Yes, it used to be a pub.

Yes, it's right next to the river so the possibility of flooding.

Yes, it's a flat.

Yes, the service charge is probably horrendous.....

But it's still quite a big drop. And it's been up for sale at £103k (33% off) for a year. Could easily halve in "value".

Rightmove

1587_KMR302923_IMG_03_0002_max_620x414.jpg

Properdybee

I've seen a fair few Midlands' 2-bedders drop from 100K to 75K or even £70K in the past 12 months. Some were short leases and unrealistic in the first place. Another was where the vendor had said he won't take a penny less but has since and is now 5% lower and of course it's still unsold.

Not even those the govt is trying to bully into sinking their money into BTL are buying most of the above - autumn may see some of them sell but the prices are, from my notes, quite a bit down on a year ago in that region

Link to post
Share on other sites

AS a local to the area i know this place well. Use to be great pub in the summer.

here is few observations.

about 10years ago there where converted to flats and as far as i can remember they have been trying to sell them since then.

It is near lock and has never flooded in the 30years i lived in the area.

They are building a new tesco superstore near by currently and it does look like it may cause traffic chaos. 'we shall see as this is near my commutte route home'

There are some new builds flats near buy which are also for sale.

It is in walking distance to the local town. which has been ravaged by the general high street problems but is very busy in the summer. the locals refer to it as 'stourport on sea ' as lots of brummies come to visit fair , fish, eat chips and drink.

As i am someone who is looking for place at the right price and place to buy i just would have no intrest in living there. I have seen far better houses in local area not much more money. I think they will only sell with they are about 75k. ' I would consider it then.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.



×
×
  • Create New...

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.