Sausage Posted August 24, 2018 Report Share Posted August 24, 2018 I'm hoping the BTL rush for exit, rate rises and overstretched HTB buyers trying to sell up will finally pop the bubble. I'm starting to see large and multiple drops in price. Like this one: Quote Link to post Share on other sites
Sausage Posted August 29, 2018 Author Report Share Posted August 29, 2018 6 days for my thread to get authorised. Ho hum. Quote Link to post Share on other sites
stuckmojo Posted August 29, 2018 Report Share Posted August 29, 2018 I have plenty of these on Rightmove on what I follow. Definitely happening. Quote Link to post Share on other sites
thewig Posted August 29, 2018 Report Share Posted August 29, 2018 (edited) Not even 10%. But I’m seeing loads on rightmove now too and am enjoying the “email agent” function particularly on the obvious DEBTjunkie liquidation hovels. My standard question at the moment is “does this little goldmine come with a tenant?” Im gauging scumbag EA desperation on how long an email trail I can construct with them Edited August 29, 2018 by thewig Quote Link to post Share on other sites
iamnumerate Posted August 29, 2018 Report Share Posted August 29, 2018 Could the OP put a link to this so we can see where it is in the UK? Quote Link to post Share on other sites
honkydonkey Posted August 29, 2018 Report Share Posted August 29, 2018 (edited) 10 minutes ago, iamnumerate said: Could the OP put a link to this so we can see where it is in the UK? https://www.primelocation.com/for-sale/details/47246905 Edited August 29, 2018 by honkydonkey Quote Link to post Share on other sites
ebull Posted August 29, 2018 Report Share Posted August 29, 2018 30k off something 200k overpriced? Odd definition of big. What's the opposite of willy waving? ? Quote Link to post Share on other sites
Sausage Posted August 29, 2018 Author Report Share Posted August 29, 2018 7 hours ago, ebull said: 30k off something 200k overpriced? Odd definition of big. What's the opposite of willy waving? ? I agree .. but I see some listed for 2 years with one 5k drop. Then I see thus dropping 10k every month... Looks like a race to the bottom. Quote Link to post Share on other sites
Wayward Posted August 29, 2018 Report Share Posted August 29, 2018 The photos are a but strange.. There's a bed in the living room (seller I'll?) The kitchen appears to be a lean to. There is a washing machine in the bedroom. Can you spot the guitar? I bet it is not always placed there... Three level 'town houses' are always a compromise.... Quote Link to post Share on other sites
AndyFTB Posted August 31, 2018 Report Share Posted August 31, 2018 £470k to £375k (over about a year!) and still not sold... https://www.zoopla.co.uk/for-sale/details/43173694?search_identifier=50abbb948aa725b1b23bfc5611088e91 (Norwich outskirts) Quote Link to post Share on other sites
Aidan Ap Word Posted August 31, 2018 Report Share Posted August 31, 2018 On 29/08/2018 at 10:43, honkydonkey said: https://www.primelocation.com/for-sale/details/47246905 I like that the advert contains 'Remainder Of NHBC Guarantee' -> how much of that will actually be left when it actually sells remains to be seen. Quote Link to post Share on other sites
MattW Posted August 31, 2018 Report Share Posted August 31, 2018 (edited) 2 hours ago, AndyFTB said: £470k to £375k (over about a year!) and still not sold... https://www.zoopla.co.uk/for-sale/details/43173694?search_identifier=50abbb948aa725b1b23bfc5611088e91 (Norwich outskirts) Very impressive price drop for the 'burbs of Norwich. Not that it had any business being that original price in the first place. I think I have posted these converted shops before maybe on the East Anglia subforum: Converted shops in Ber St. , Norwich (NR1) Quote 31/07/2018 Price Changed: £335,000 £265,000 04/04/2018 Initial entry found. ? Edited August 31, 2018 by MattW Quote Link to post Share on other sites
Fromage Frais Posted August 31, 2018 Report Share Posted August 31, 2018 1 hour ago, MattW said: Very impressive price drop for the 'burbs of Norwich. Not that it had any business being that original price in the first place. I think I have posted these converted shops before maybe on the East Anglia subforum: Converted shops in Ber St. , Norwich (NR1) ? You will like this one then... Quote Link to post Share on other sites
Fromage Frais Posted August 31, 2018 Report Share Posted August 31, 2018 1 hour ago, MattW said: Very impressive price drop for the 'burbs of Norwich. Not that it had any business being that original price in the first place. I think I have posted these converted shops before maybe on the East Anglia subforum: Converted shops in Ber St. , Norwich (NR1) ? I love those "town houses" A floor for every room. 76m2 Utter crap Quote Link to post Share on other sites
MattW Posted August 31, 2018 Report Share Posted August 31, 2018 @Fromage Frais The EA got the valuation on that Newmarket Rd property horribly wrong by the looks of things. Is that a new build? Quote Link to post Share on other sites
Fromage Frais Posted August 31, 2018 Report Share Posted August 31, 2018 8 minutes ago, MattW said: @Fromage Frais The EA got the valuation on that Newmarket Rd property horribly wrong by the looks of things. Is that a new build? 2011 £650,000 I guess not as that sounds about right for the time. I would think its about 750/800 and going down at the moment if they want to sell. Its large but not a beautiful period property Quote Link to post Share on other sites
anonguest Posted September 2, 2018 Report Share Posted September 2, 2018 (edited) On 31/08/2018 at 21:28, Fromage Frais said: I love those "town houses" A floor for every room. 76m2 Utter crap Indeed! I have developed a simple quite reliable rule for knowing whether a property will be c**p, regardless of price, without opening the advert to see the deails....IF the few thumbnail pictures on display are limted to closeups of door handles, bathroom taps, wall decorations AND none of the actual rooms.....then the odds are it will indeed be c**p. EITHER because the interior is c**p and/or because the property is so small inside even an EA's wideangle lens will struggle to produce a worthwhile interior picture. This rule hasn't failed me yet. Edited September 2, 2018 by anonguest Quote Link to post Share on other sites
yodigo Posted September 3, 2018 Report Share Posted September 3, 2018 (edited) In Zoopla, search "Watford, Hertfordshire", plenty there. For example https://www.zoopla.co.uk/for-sale/details/47800699?search_identifier=5092454b643e8441c03346d6f79e7ebc Edited September 3, 2018 by yodigo Quote Link to post Share on other sites
Guest Posted September 3, 2018 Report Share Posted September 3, 2018 I keep posting over the last several weeks on how much property is coming onto the market in my areas. Drove into the lovely little villahe of Litlington a few hours ago from the royston road, all nice various homes, there were 12 For Sale signs that one road Quote Link to post Share on other sites
anonguest Posted September 3, 2018 Report Share Posted September 3, 2018 33 minutes ago, yodigo said: In Zoopla, search "Watford, Hertfordshire", plenty there. For example https://www.zoopla.co.uk/for-sale/details/47800699?search_identifier=5092454b643e8441c03346d6f79e7ebc Thank you. I now have coffee all over my laptop screen. ? Quote Link to post Share on other sites
micawber Posted September 3, 2018 Report Share Posted September 3, 2018 1 hour ago, inbruges said: I keep posting over the last several weeks on how much property is coming onto the market in my areas. Drove into the lovely little villahe of Litlington a few hours ago from the royston road, all nice various homes, there were 12 For Sale signs that one road Half the homes up for sale seem to be close to a proposed development of 22 homes. http://plan.scambs.gov.uk/swiftlg/MediaTemp/1148250-724902.pdf Quote Link to post Share on other sites
North London Rent Girl Posted September 3, 2018 Report Share Posted September 3, 2018 (edited) On 29/08/2018 at 20:39, Sausage said: I agree .. but I see some listed for 2 years with one 5k drop. Then I see thus dropping 10k every month... Looks like a race to the bottom. Yes agree it might be an indication of a change in sentiment - very different from someone refusing to contemplate that they might have to drop the price then conceding a couple of grand 6 months in, as you say. This seller might be unusual as they appear to have a drop per month policy but still, good to see. Edited September 3, 2018 by North London Rent Girl Quote Link to post Share on other sites
winkie Posted September 3, 2018 Report Share Posted September 3, 2018 On 31/08/2018 at 22:28, Fromage Frais said: I love those "town houses" A floor for every room. 76m2 Utter crap Ha.... They are like trains, long tall and thin, with wasted space of a staircase track going all the way up to the top...keep you fit. ? Quote Link to post Share on other sites
anonguest Posted September 3, 2018 Report Share Posted September 3, 2018 54 minutes ago, winkie said: Ha.... They are like trains, long tall and thin, with wasted space of a staircase track going all the way up to the top...keep you fit. ? Think of all the extra space that can be had by dispensing with conventional staircases (as well as increased profit through reduced construction costs) by having a cool and funky firemans pole type arrangement instead?! A true 'slide down' firemans pole running through holes in every floor, to go down - and a similar adjacent pole, but with cross bars acting as steps, to go up. Any wagers as to how long before, in their never ending quest to maximise profits, a housebuilder goes ahead with such designs AND gets planning permission for it?! Quote Link to post Share on other sites
A third of everything Posted September 3, 2018 Report Share Posted September 3, 2018 https://www.zoopla.co.uk/for-sale/details/47222415 this one really has me wondering when it will bottom out! Quote Link to post Share on other sites
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