Jump to content
House Price Crash Forum
Sign in to follow this  
bricor mortis

Urban Splash 242 Million In Debt Selling Off £77 Million Flats Complex

Recommended Posts

Covering debts. See attached article for details. Plymouths partially renovated Royal William yard flats complex being sold on for £77 million. ( prime water front )

yer tiz

Edited by bricor mortis

Share this post


Link to post
Share on other sites

Covering debts. See attached article for details. Plymouths partially renovated Royal William yard flats complex being sold on for £77 million. ( prime water front )

yer tiz

:lol::lol::lol::lol::lol::lol:

Beautiful location, staggering architecture - pompous marketing and interior design

Properties already fro sale at 10% less than people initially paid - ouch

Buying into he dream though.

Edited by LiveinHope

Share this post


Link to post
Share on other sites

epic story.

Manchester-based Urban Splash, which last year saw net debt swell by £8million to £242.4million, also says that by selling its portfolio of 654 flats – also including apartments in Manchester, Bristol, Bradford and Leeds – it will be able to concentrate on its core business as a developer.

... not like there's a profusion of over-priced rabbit hutches here in manc is there ... oh wait

Share this post


Link to post
Share on other sites

They aren't trying to get rid of the Park Hill flats in Sheffield!!!

Wouldn't mind a flat there actually. Paying all that money for "ex Council." :blink::lol:

Share this post


Link to post
Share on other sites

Wouldn't mind a flat there actually. Paying all that money for "ex Council." :blink::lol:

Me and my friends were bidding on such property. It was knocked down and privatised. People were paid to leave park hill and many other tower blocks in Sheffield. There has been a severe decline in council housing there, it used to be the case that the majority of housing in the city was council.

Never got an offer, yet the council cited low demand!

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
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   224 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.