TheCountOfNowhere Posted October 20, 2017 Share Posted October 20, 2017 (edited) We have a winner !!!!! How desperate is this !!!! I think they must be hoping for a bidding war. http://www.rightmove.co.uk/property-for-sale/property-66856295.html What chance someone from here going and offering £350K ? Edited October 20, 2017 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
winkie Posted October 20, 2017 Share Posted October 20, 2017 (edited) One of the best places to live apparently? http://www.bbc.co.uk/news/uk-41577060 Edited October 20, 2017 by winkie Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted October 20, 2017 Author Share Posted October 20, 2017 8 minutes ago, winkie said: One of the best places to live apparently? http://www.bbc.co.uk/news/uk-41577060 Probably because as of today houses are affordable Quote Link to comment Share on other sites More sharing options...
thirdwave Posted October 20, 2017 Share Posted October 20, 2017 1 hour ago, TheCountOfNowhere said: We have a winner !!!!! How desperate is this !!!! I think they must be hoping for a bidding war. http://www.rightmove.co.uk/property-for-sale/property-66856295.html What chance someone from here going and offering £350K ? Just a ruse to get the punters in- will sell for a lot more. Will be a bargain if it goes for that price considering the location and size of the property. Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted October 20, 2017 Share Posted October 20, 2017 Lower ground floor marked as "unable to access" on plan. One hopes you can see it on Open day, or do you just take pot luck in that regard. Quote Link to comment Share on other sites More sharing options...
Slimline Posted October 20, 2017 Share Posted October 20, 2017 I've seen that place in a recent auction i think! Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted October 20, 2017 Author Share Posted October 20, 2017 24 minutes ago, Slimline said: I've seen that place in a recent auction i think! Seems to be a popular road for auctions http://www.a-rpropertyauctions.co.uk/property-for-sale-by-auction/lot-details/12-st.-james-road-tunbridge-wells-kent-tn1 2jz/41482 5th November 2015 Auction 1 flat 200K https://auctioneertemplates.eigroup.co.uk/LotDetails.aspx?LotID=885166&a=5&c=brn Quote Link to comment Share on other sites More sharing options...
Eddie_George Posted October 20, 2017 Share Posted October 20, 2017 Caveat emptor! Quote Link to comment Share on other sites More sharing options...
Slimline Posted October 20, 2017 Share Posted October 20, 2017 aha ! https://www.eigpropertyauctions.co.uk/files/5/25617/e4b664ed-a719-46a5-860c-1f854c620130.pdf Quote Link to comment Share on other sites More sharing options...
Anonymous Posted October 20, 2017 Share Posted October 20, 2017 I live in Tunbridge Wells and know the market pretty well here. The listings at £1.25m and £1m are truly bonkers, at no time would they have been anything but. £500k is too cheap but enough to bring any interested parties through the door. The general location and look of property shouldn't make this a tough sell as a renovation project to a developer or home buyer. The agent has had an absolute shocker with this! Quote Link to comment Share on other sites More sharing options...
Fence Posted October 20, 2017 Share Posted October 20, 2017 Tut, disgusting! Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted October 20, 2017 Author Share Posted October 20, 2017 18 minutes ago, Anonymous said: . £500k is too cheap Not in line with wage inflation its not. Quote Link to comment Share on other sites More sharing options...
Anonymous Posted October 20, 2017 Share Posted October 20, 2017 Just now, TheCountOfNowhere said: Not in line with wage inflation its not. Ha, indeed, that goes for all properties here! Quote Link to comment Share on other sites More sharing options...
Si1 Posted October 20, 2017 Share Posted October 20, 2017 Just now, Anonymous said: Ha, indeed, that goes for all properties here! Indeed, so clever, indeed Quote Link to comment Share on other sites More sharing options...
Anonymous Posted October 20, 2017 Share Posted October 20, 2017 Just now, Si1 said: Indeed, so clever, indeed Sorry, lost me there. Quote Link to comment Share on other sites More sharing options...
Si1 Posted October 20, 2017 Share Posted October 20, 2017 3 minutes ago, Anonymous said: Sorry, lost me there. Not difficult Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted October 20, 2017 Share Posted October 20, 2017 Yield of 3.5%. Still too expensive at 500K. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted October 20, 2017 Share Posted October 20, 2017 Probably an illegal HMO Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted October 20, 2017 Author Share Posted October 20, 2017 6 minutes ago, @contradevian said: Probably an illegal HMO 4 flats...125k a flat...flats=low income accommodation, low income 25k say...3x low income =75k...4x75k =300k. Therefore still almost 50% over priced Dontcha just hate arithmetic. Quote Link to comment Share on other sites More sharing options...
Si1 Posted October 20, 2017 Share Posted October 20, 2017 19 minutes ago, TheCountOfNowhere said: 4 flats...125k a flat...flats=low income accommodation, low income 25k say...3x low income =75k...4x75k =300k. Therefore still almost 50% over priced Dontcha just hate arithmetic. You'll confuse the trolls. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted October 20, 2017 Author Share Posted October 20, 2017 Just now, Si1 said: You'll confuse the trolls. Trolls? Not seen any for a long time. Quote Link to comment Share on other sites More sharing options...
Anonymous Posted October 20, 2017 Share Posted October 20, 2017 Wtf, digging me out as a troll Si1? As a long time lurker on here I am genuinely mortified. Replace too cheap with below current market value. It'll sell, that's what I meant. The market is as mad here as anywhere. The one thing they've probably done right is market this as a house rather than flats. Relatively high demand for family houses here (Londoners priced out). Plenty of awful flat conversions in what could once again become good family homes in well built structures. Quote Link to comment Share on other sites More sharing options...
Si1 Posted October 21, 2017 Share Posted October 21, 2017 16 hours ago, Anonymous said: Wtf, digging me out as a troll Si1? As a long time lurker on here I am genuinely mortified. Comeon bro, trolls lurk under bridges and jump out. At least they did in the middle ages Quote Link to comment Share on other sites More sharing options...
Mapatasy Posted October 23, 2017 Share Posted October 23, 2017 On 10/20/2017 at 9:22 AM, TheCountOfNowhere said: We have a winner !!!!! How desperate is this !!!! How about this! https://www.standard.co.uk/news/london/homeowners-slash-1m-off-house-after-receiving-no-offers-in-two-years-a3665131.html Quote Link to comment Share on other sites More sharing options...
Trump Invective Posted October 23, 2017 Share Posted October 23, 2017 53 minutes ago, Mapatasy said: How about this! https://www.standard.co.uk/news/london/homeowners-slash-1m-off-house-after-receiving-no-offers-in-two-years-a3665131.html On 13th September too. Not sure how behind Zoopla is but it aint moved on there Quote Link to comment Share on other sites More sharing options...
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