Jump to content
House Price Crash Forum
spyguy

Se23 Shed For Sale - £350K

Recommended Posts

A 1 bedroom shed at that!

ONE BEDROOM. In Forest Hill. £350k!

Who the frig is paying these prices?

The crash is gonna be ugly. Bring it on.

They are not paying the prices.....they are borrowing the money to obtain a shed that a wiser person could obtain for next to nothing.........the seller who puts in a basic bathroom and wood chip kitchen and plastic wood effect floor, with a few slate chippings outside costing next to nothing runs off laughing with real money while the borrower is left crying into the pile of future problems......one being they will find it hard to sell it to a greater fool. ;)

Edit:...flat roof.... warning.jpg

Edited by winkie

Share this post


Link to post
Share on other sites

This is the most depressing thread I've seen for some time.

I've just bought a nice 5 bedroom house with 4 receptions, a double garage, garden and indoor swimming pool for exactly the same amount. Admittedly it's in the 'regions' so I guess this is what the London premium really means. Why oh why would you do this to yourself?

If someone does buy it, they must be a retard. (yes, not very PC but it's the only word I can bring myself to use).

Share this post


Link to post
Share on other sites

It's just kite flying.

A developer built/converted the place, thinks what's the highest conceivable price it could possibly go for, adds 25%, and starts from there. It'll slowly come down in price until it finds its level...unless an idiot comes along first.

Incidentally, I used to travel regularly to the far east on work. It was common to find middle or senior managers raising a family in 40-50 square metre apartments, not much bigger than this "shed". Looking at the layouts in Ikea it seems they're betting on something similar for the UK, and I think they're probably right.

If I had to guess at a UK social trend over the next generation it would be the rise of Asian style micro-living. Maybe not totally a bad thing, most people I know actually use about 40 or 50% of their property and the rest is used as a repository for worthless Argos sh1t.

Share this post


Link to post
Share on other sites

It's just kite flying.

A developer built/converted the place, thinks what's the highest conceivable price it could possibly go for, adds 25%, and starts from there. It'll slowly come down in price until it finds its level...unless an idiot comes along first.

Incidentally, I used to travel regularly to the far east on work. It was common to find middle or senior managers raising a family in 40-50 square metre apartments, not much bigger than this "shed". Looking at the layouts in Ikea it seems they're betting on something similar for the UK, and I think they're probably right.

If I had to guess at a UK social trend over the next generation it would be the rise of Asian style micro-living. Maybe not totally a bad thing, most people I know actually use about 40 or 50% of their property and the rest is used as a repository for worthless Argos sh1t.

How do they eat? Entertain friends and family? Hang around in poor weather? Let their kids run around?

Share this post


Link to post
Share on other sites

I feel completely ashamed for thinking it, but it's actually quite nice.....

....for say, 35k. Hell, I'll double it because it's London. If the vendor reads this, I am officially offering 70k. Cash. In your hands today,

Share this post


Link to post
Share on other sites

I feel completely ashamed for thinking it, but it's actually quite nice.....

....for say, 35k. Hell, I'll double it because it's London. If the vendor reads this, I am officially offering 70k. Cash. In your hands today,

about the right price considering area it's in.

Share this post


Link to post
Share on other sites

How do they eat? Entertain friends and family? Hang around in poor weather? Let their kids run around?

They eat on the street very cheaply, they entertain outside the home, they sit around a tablet or wifi on beanbag if not at work or school in poor weather, their kids run around outside on bus on street or in park or other communal areas if not at school or on a laptop networking, gaming or dreaming in a corner of a personal space where there is little space. ;)

Share this post


Link to post
Share on other sites

How do they eat? Entertain friends and family? Hang around in poor weather? Let their kids run around?

East Asians gave up having kids, so no problem there.

Edited by Dorkins

Share this post


Link to post
Share on other sites

Or will chase the market down, to "house" a kiddie fiddler, or hot bunking burger flippers sending their wage home to Bongo-Bongo land. It would make an interesting TV program, to re-visit it in 10 years time, and do a talking head of the inhabitants. I forgot, it will get even more extreme before it gets better, and there are plenty of over-priced sh1tholes out there.

Share this post


Link to post
Share on other sites

It's just kite flying.

A developer built/converted the place, thinks what's the highest conceivable price it could possibly go for, adds 25%, and starts from there. It'll slowly come down in price until it finds its level...unless an idiot comes along first.

Incidentally, I used to travel regularly to the far east on work. It was common to find middle or senior managers raising a family in 40-50 square metre apartments, not much bigger than this "shed". Looking at the layouts in Ikea it seems they're betting on something similar for the UK, and I think they're probably right.

If I had to guess at a UK social trend over the next generation it would be the rise of Asian style micro-living. Maybe not totally a bad thing, most people I know actually use about 40 or 50% of their property and the rest is used as a repository for worthless Argos sh1t.

Nothing wrong with micro living.......... at 20% of big living prices. Can't see that happening here.

Oh, and the weather is shite.

Share this post


Link to post
Share on other sites

Wow!

It's someone's back garden shed but freehold so I s'pose they're selling off the end of their garden too. If you look at the streetview they're large Victorian houses so someone will make a fast buck by selling off the end of their garden with a shed......I think I'd prefer the 6 bed house and farm in Ireland thanks. The blurb says it's better than a flat but is it really?? What about when you come to sell it on? Will any mortgage company touch it?

Share this post


Link to post
Share on other sites

The EA's description of the shed is a work of genius.

Yeah, it's on a par with this one:

"Dukes Head Yard is situated just off Highgate High Street

and so is, literally, moments from all the amenities and

transport links that the area has to offer. This would ideally

suit someone that is looking for weekday office space, a

practitioner of pilates, a personal trainer, artist or

accountant/solicitor."

DukesHeadYard.jpg

http://www.rightmove.co.uk/commercial-property-for-sale/property-36976334.html

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:   289 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.