TheCountOfNowhere Posted June 12, 2014 Share Posted June 12, 2014 http://www.rightmove.co.uk/property-for-sale/property-41793179.html "12/06/2014 Agent changed: from 'by Knight Frank' to 'Knight Frank' 25/05/2014 Price changed: from '£1,650,000' to '£1,250,000' 05/03/2014 Price changed: £1,650,000 08/10/2013 Subtitle changed: 6 bedroom detached house 04/09/2013 Brief Description changed: Fine large family residence with detached leisure complex - Stunning accommodation of some 10,500 sq ft & of recent construction. The house requires final finishing touches and kitchen appliances. The house takes full advantage of the south facing aspect to the rear, on the edge of Solihull. ... 21/05/2013 Brief Description changed: Fine largefamily large family residence with detached leisure complex - Stunning accommodation of some 10,500 sq ft and is a & of recent construction. The house requires final finishing touches, touches and kitchen appliances. The house takes full advantage of the south facing aspect to the rear garden. The ... rear, on the edge of Solihull. 18/05/2013 Initial entry found. " Still looks over-priced to me. Quote Link to comment Share on other sites More sharing options...
F-sake Posted June 12, 2014 Share Posted June 12, 2014 You must be stuffed with cash. I wouldn't even dare looking at properties in such a price range. Quote Link to comment Share on other sites More sharing options...
RentaBear Posted June 12, 2014 Share Posted June 12, 2014 That might actually be a bargain if you're in the market for a McMansion - I make it £1200/m^2 - how far off the construction cost would that be? Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted June 12, 2014 Share Posted June 12, 2014 Is it this one? http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=38489608&sale=8663093&country=england Now asking for +44.5% since last sold in 2007, when we had a housing bubble.... Quote Link to comment Share on other sites More sharing options...
VeryMeanReversion Posted June 12, 2014 Share Posted June 12, 2014 10,500sqft for 1.25million is ~£120/sqft. That is probably less than build cost. Divided into 5 separate homes of ~2000sqft each (still big), they would be £250K each. How does that compare for the local area? Quote Link to comment Share on other sites More sharing options...
bambam Posted June 12, 2014 Share Posted June 12, 2014 Is it this one? http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=38489608&sale=8663093&country=england Now asking for +44.5% since last sold in 2007, when we had a housing bubble.... Lots of dosh spent on it since then http://ww2.solihull.gov.uk/planning_new/dc/paDetail.asp?A=APM7G0825P246KF0H0 Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted June 12, 2014 Share Posted June 12, 2014 10,500sqft for 1.25million is ~£120/sqft. That is probably less than build cost. Divided into 5 separate homes of ~2000sqft each (still big), they would be £250K each. How does that compare for the local area? The floorplan says nearer 9400 sqft (and they include a 90ft wide patio area in the calculation) Quote Link to comment Share on other sites More sharing options...
bearishonhouses Posted June 12, 2014 Share Posted June 12, 2014 Given its location (400m from M42), it would probably suit a family who were hard of hearing, and did not have longings for breathing in fresh country air. Quote Link to comment Share on other sites More sharing options...
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