Jump to content
House Price Crash Forum
15stiftgasse

'good Investment Opportunity' - Not As Such !

Recommended Posts

http://www.rightmove.co.uk/property-for-sale/property-41410106.html

This flat is for sale by the original owner (confirmed when you click 'Back to Properties' link) who, according to Nethouseprices.com , paid 135,495 on 27/6/08.

NOW on sale at 94,499 , a typical current market price for these properties. This represents a loss over OVER 30% in less than 5 years !!!!

Although the grasping agent states 'Good investment opportunity' in their blurb, I'm sure the seller might not agree.

Share this post


Link to post
Share on other sites

http://www.rightmove.co.uk/property-for-sale/property-41410106.html

This flat is for sale by the original owner (confirmed when you click 'Back to Properties' link) who, according to Nethouseprices.com , paid 135,495 on 27/6/08.

NOW on sale at 94,499 , a typical current market price for these properties. This represents a loss over OVER 30% in less than 5 years !!!!

Although the grasping agent states 'Good investment opportunity' in their blurb, I'm sure the seller might not agree.

Hmm, I'd like to see someone sue the agent when they can't get a return above 2% and the value falls to 60k in a couple of years

Share this post


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.

  • 238 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • 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.