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TheCountOfNowhere

I Like To Start The Day With....a £400K Drop.

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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.

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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?

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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) :blink:

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