spyguy Posted January 10, 2017 Share Posted January 10, 2017 6 minutes ago, Tempus said: If you've ever wondered what the opposite of Prime in London is worth... This will be in the running for the worst. A 1 bed flat in a concrete tower block in Thamesmead. Close to the bottom of London's pile by any measure. http://www.rightmove.co.uk/property-for-sale/property-46262727.html £170,000. One hundred and seventy thousand pounds. Is it up + coming? Delieroo delivery?? Quote Link to comment Share on other sites More sharing options...
darwin Posted January 10, 2017 Share Posted January 10, 2017 31 minutes ago, spyguy said: Is it up + coming? Delieroo delivery?? Crossrail. I kid you not. Quote Link to comment Share on other sites More sharing options...
btd1981 Posted January 10, 2017 Share Posted January 10, 2017 Anyone notice the little snippet on Sherlock this week? The fact that Sherlock's unassuming landlady owns an Aston Martin can apparently be explained in part by the fact she owns property in central London. Better cash it in soon, or she'll be handing the keys back. Quote Link to comment Share on other sites More sharing options...
Maynardgravy Posted January 10, 2017 Share Posted January 10, 2017 23 minutes ago, btd1981 said: Anyone notice the little snippet on Sherlock this week? The fact that Sherlock's unassuming landlady owns an Aston Martin can apparently be explained in part by the fact she owns property in central London. Better cash it in soon, or she'll be handing the keys back. Yep, something about deceased hubby being a drug dealer and owning London property. Both industries run with keen banker/political interests. Quote Link to comment Share on other sites More sharing options...
MARTINX9 Posted January 10, 2017 Share Posted January 10, 2017 5 hours ago, darwin said: Crossrail. I kid you not. If you had £170,000 would you actually buy that to live in - you also have to get to the Crossrail station at Woolwich first in one piece! You could of course buy a 3 bed house with a swimming pool and an outbuilding for less than that in the Dordoyne. http://www.rightmove.co.uk/overseas-property/property-40734810.html?showcase=true Quote Link to comment Share on other sites More sharing options...
btd1981 Posted January 10, 2017 Share Posted January 10, 2017 I wish I'd tried harder in my French lessons... Quote Link to comment Share on other sites More sharing options...
spyguy Posted January 10, 2017 Share Posted January 10, 2017 13 minutes ago, btd1981 said: I wish I'd tried harder in my French lessons... Arabic now... Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted January 10, 2017 Share Posted January 10, 2017 16 minutes ago, spyguy said: Arabic now... Nope...been out there and I do not recommend it. Quote Link to comment Share on other sites More sharing options...
brit1234 Posted January 10, 2017 Share Posted January 10, 2017 7 hours ago, Tempus said: If you've ever wondered what the opposite of Prime in London is worth... This will be in the running for the worst. A 1 bed flat in a concrete tower block in Thamesmead. Close to the bottom of London's pile by any measure. http://www.rightmove.co.uk/property-for-sale/property-46262727.html £170,000. One hundred and seventy thousand pounds. "its lease is 125 year lease from May 1988." So in non estate agent speak 98 year lease, doesn't sound as good now if it ever did. Quote Link to comment Share on other sites More sharing options...
Tempus Posted January 10, 2017 Share Posted January 10, 2017 There's a strong argument for saying that's a flat in one of the very worst buildings in the very worst part of London. And yet many essential workers in the city cannot even aspire to that. With a 10% deposit and a 3.5x salary mortgage, you'd need to be on about £44,000 a year. Quote Link to comment Share on other sites More sharing options...
darwin Posted January 10, 2017 Share Posted January 10, 2017 3 hours ago, MARTINX9 said: If you had £170,000 would you actually buy that to live in - you also have to get to the Crossrail station at Woolwich first in one piece! Hell naw! Only mentioned it because Abbey Wood will have Crossrail. One for the BTL brigade. Quote Link to comment Share on other sites More sharing options...
999house Posted January 11, 2017 Share Posted January 11, 2017 5 hours ago, spyguy said: Arabic now... Get professional help. Quote Link to comment Share on other sites More sharing options...
Patient London FTB Posted January 11, 2017 Share Posted January 11, 2017 Developer cracking, right on the Queen's doorstep. Round of price cuts on Buckingham Gate today including: 1 bed flat cut from £1.395m to £1.175m http://www.rightmove.co.uk/property-for-sale/property-44407053.html 2 bed flat cut from £2.695m to £2.25m http://www.rightmove.co.uk/new-homes-for-sale/property-44349174.html 3 bed flat cut from £5.5m to £4.75m http://www.rightmove.co.uk/new-homes-for-sale/property-44340903.html Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted January 11, 2017 Share Posted January 11, 2017 20 minutes ago, Patient London FTB said: Developer cracking, right on the Queen's doorstep. Round of price cuts on Buckingham Gate today including: 1 bed flat cut from £1.395m to £1.175m http://www.rightmove.co.uk/property-for-sale/property-44407053.html 2 bed flat cut from £2.695m to £2.25m http://www.rightmove.co.uk/new-homes-for-sale/property-44349174.html 3 bed flat cut from £5.5m to £4.75m http://www.rightmove.co.uk/new-homes-for-sale/property-44340903.html £1.175 for a 1 bed flat and you think they are cracking ? Cracking up with laughter perhaps. What a bargain. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted January 11, 2017 Share Posted January 11, 2017 15 hours ago, Tempus said: There's a strong argument for saying that's a flat in one of the very worst buildings in the very worst part of London. And yet many essential workers in the city cannot even aspire to that. With a 10% deposit and a 3.5x salary mortgage, you'd need to be on about £44,000 a year. How much is the basic MPs salary ? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted January 11, 2017 Share Posted January 11, 2017 (edited) I remember looking with total disbelief at the asking prices in 2007. Even after the collapse came I still looked with total disbelief. I now look at todays asking prices with utter fear and panic. Some kind of collapse must be imminent. Edited January 11, 2017 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted January 11, 2017 Share Posted January 11, 2017 Quote Link to comment Share on other sites More sharing options...
untakenname Posted January 11, 2017 Share Posted January 11, 2017 4 hours ago, Patient London FTB said: Developer cracking, right on the Queen's doorstep. Round of price cuts on Buckingham Gate today including: 1 bed flat cut from £1.395m to £1.175m http://www.rightmove.co.uk/property-for-sale/property-44407053.html 2 bed flat cut from £2.695m to £2.25m http://www.rightmove.co.uk/new-homes-for-sale/property-44349174.html 3 bed flat cut from £5.5m to £4.75m http://www.rightmove.co.uk/new-homes-for-sale/property-44340903.html What's up with flat sold in March last year? http://www.rightmove.co.uk/house-prices/SW1E-6PB.html?backListLink=%2Fnew-homes-for-sale%2Ffind.html%3FlocationIdentifier%3DPOSTCODE%5E837435%26minPrice%3D4000000%26maxPrice%3D7500000%26minBedrooms%3D3%26radius%3D0.5 Quote Link to comment Share on other sites More sharing options...
This time Posted January 11, 2017 Share Posted January 11, 2017 Typo? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted January 11, 2017 Share Posted January 11, 2017 1 hour ago, untakenname said: What's up with flat sold in March last year? http://www.rightmove.co.uk/house-prices/SW1E-6PB.html?backListLink=%2Fnew-homes-for-sale%2Ffind.html%3FlocationIdentifier%3DPOSTCODE%5E837435%26minPrice%3D4000000%26maxPrice%3D7500000%26minBedrooms%3D3%26radius%3D0.5 The 2007 prices were mental...The 2014 ones absurd by any measure. Quote Link to comment Share on other sites More sharing options...
Pop321 Posted January 12, 2017 Share Posted January 12, 2017 13 hours ago, untakenname said: What's up with flat sold in March last year? http://www.rightmove.co.uk/house-prices/SW1E-6PB.html?backListLink=%2Fnew-homes-for-sale%2Ffind.html%3FlocationIdentifier%3DPOSTCODE%5E837435%26minPrice%3D4000000%26maxPrice%3D7500000%26minBedrooms%3D3%26radius%3D0.5 As you scroll down the sold prices some are all over the place. There are examples of massive rises (outside the usual daft rises I mean) and massive falls. Have to say those flats look very nicely renovated. Normally I would need a 90% drop to be convinced that the prices were fair in London....but these are so nice I might think these look a fair price with only a 80% drop. Quote Link to comment Share on other sites More sharing options...
Tempus Posted January 12, 2017 Share Posted January 12, 2017 42 minutes ago, Phil321 said: As you scroll down the sold prices some are all over the place. There are examples of massive rises (outside the usual daft rises I mean) and massive falls. Could be lease issues, they're often pretty short and very expensive in central London. Or could be some sort of financial jiggery pokery or money laundering. Quote Link to comment Share on other sites More sharing options...
Tempus Posted January 17, 2017 Share Posted January 17, 2017 (edited) On 10/01/2017 at 10:26 PM, Tempus said: There's a strong argument for saying that's a flat in one of the very worst buildings in the very worst part of London. And yet many essential workers in the city cannot even aspire to that. With a 10% deposit and a 3.5x salary mortgage, you'd need to be on about £44,000 a year. Christ. Another one for sale. But this one has been refurbished. They want £200,000 cash. http://www.rightmove.co.uk/property-for-sale/property-64088303.html;jsessionid=27EEB8C9186CD053F07592DF825B9552 Like I say, a 1-bed flat in one of the worst concrete tower blocks in one of the worst areas of London. And that will be £200,000 in cash. Edited January 17, 2017 by Tempus Quote Link to comment Share on other sites More sharing options...
Quicksilver Posted January 17, 2017 Share Posted January 17, 2017 7 minutes ago, Tempus said: Christ. Another one for sale. But this one has been refurbished. They want £200,000 cash. http://www.rightmove.co.uk/property-for-sale/property-64088303.html;jsessionid=27EEB8C9186CD053F07592DF825B9552 Like I say, a 1-bed flat in one of the worst concrete tower blocks in one of the worst areas of London. And that will be £200,000 in cash. Check out the floor plan, ~22% of the space in the 1 BED flat taken by the HALLWAY!!! Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted January 18, 2017 Share Posted January 18, 2017 14 hours ago, Tempus said: Christ. Another one for sale. But this one has been refurbished. They want £200,000 cash. http://www.rightmove.co.uk/property-for-sale/property-64088303.html;jsessionid=27EEB8C9186CD053F07592DF825B9552 Like I say, a 1-bed flat in one of the worst concrete tower blocks in one of the worst areas of London. And that will be £200,000 in cash. CASH BUYERS ONLY. That in itself should speak volumes to everyone Quote Link to comment Share on other sites More sharing options...
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