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House Price Crash Forum

Pinner Grove, Pinner, HA5 - 40% Reduction


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What a bizarre thing to do - leave a property on the market for almost three years before reducing the price (twice in a month!) to a slightly more realistic level.

It looks as though it is empty, so it is not even generating a rental income.

The last one to sell in this block was £315k, before that £300k.

When this first went on the market in July 2014, no flat in this block had sold for more than £200k. I just can't understand what they were thinking asking £550k!

 

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  • 2 weeks later...
On ‎15‎/‎05‎/‎2017 at 0:17 PM, satch said:

Family argument over dead relative's property .... now resolved as one of them has died?? So they can now get on and sell it for what it is worth and still set a new price high for the block.

That would make sense.

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  • 3 months later...

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