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olliegog

Bargain Of The Year!

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The same property sold for 650k...i would think a mistake too, but according to zoopla it sold twice before for high amounts.

Property type: Detached | Tenure: Freehold | Last sale: £650,000 | Sale date: 17th Oct 2008 - Less details

Property type: Detached | Tenure: Freehold | Previous sale: £379,950 | Sale date: 16th Jul 2004

Property type: Detached | Tenure: Freehold | Previous sale: £300,000 | Sale date: 6th Jun 2003

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I can only find one possible association to previous owner. Fairlawn / Fairlawns, but at same road/address and postcode.

http://www.london-gazette.co.uk/issues/59012/notices/770126/all=BH8+0DF

Whoever the above was, seems the landlord portfolio was split up. At least one of those flats went to auction, and a plot of land. Where's the global consumer of last resort to ensure people don't have to give anything back of their over-leveraged gains? Surely they need to be kept in position, and prevent assets going at lower prices to many more market participants.

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There must be a few other stories behind some of the entries in that auction. The majority of them being sold by order of mortgagee in possession. Including two below.

Entries: http://www.harman-he...nt-Auction.aspx

Needs completing, including a staircase, Guide Price £425,000+ (!)

By order of the mortgagees in possession –

Lot 7: http://www.harman-he...005&ClientID=18

Bought in 2006 for £400,000. Can only presume they did it up whilst living there, a Guide Price of £450,000+ (!)

By order of the mortgagees in possession –

Lot 29: http://www.harman-he...007&ClientID=18

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found this gem on rightmove - cannot believe there is allegedly another 'fairview' that sold for £650K in the same road - some mistake surely.

http://www.rightmove.co.uk/property-for-sale/property-41770612.html

A lot of fly tipping. Makes me wonder what horrors that includes. Asbestos, perhaps.

The property looks like it is missing roof tiles too.

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A lot of fly tipping. Makes me wonder what horrors that includes. Asbestos, perhaps.

The property looks like it is missing roof tiles too.

this.

For all we know there could be a thousand tons+ of dodgy rubish on that plot. The local tip is not going to let you pull up in your estate car with a trailer x1000 times that's for sure. Might cost 10's or 100's of thousands to get it cleared.

If it's only a hundred tons of general rubish it might not be so bad.

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