Jump to content
House Price Crash Forum
Sign in to follow this  
Bill der

Derilct Property In Pontefract

Recommended Posts

Watched with interest as a local property went to auction

There had previously been a fire which had gutted the place.

No windows, doors, floors or roof. The place was a complete shell

The auction estimate was 30K to 35K

With it being local I thought I would put in a bid.

Big mistake - it went for 72K

Another property not more than half a mile away. Brief description -

No bathroom facilities ( Toilet outside in rear yard )

Tin bath in kitchen

All timber windows and doors rotten

All electrics and plumbing sub standard

Very narrow mid terrace property with no front garden

Thought I would go up to 35K

Big mistake - It went for 51K

Hope prices come down to a reasonable level soon or I will have to look for work elsewhere

Edited by Bill der

Share this post


Link to post
Share on other sites

I saw such a place up for sale in Rhyl, it looked like a bombed out building in Beirut, it was up for £37,000, in 2001 you could buy a nice 3 bed semi for that in Rhyl.How quickly things can change.

Share this post


Link to post
Share on other sites

Who exactly buys such dross in depressed downtrodden towns?

Is this your opinion or an ignorant insult

The gutted property in Pontefract sold for 72K to a developer

It was renovated over a three month period

Sold for 180K within weeks

I feel sorry for him as he only made around 70K profit for three months work

Probably not as much as you make. EH!

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

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.