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teddyboy

Some Panic Selling In Liverpool?

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Ok Ill start of with this. Anyone else got examples??

Area close to old Liverpool Airport (CREAMFIELDS)

http://www.rightmove.co.uk/viewdetails-10321055.rsp

Asking £125K

Sold prices:

	Sale Date	Price	Type	Tenure	Map	Address1	31/10/2005	£163,760	Det.	L/H	Map	36, Woolmoore Road, Speke, Liverpool, Merseyside, L24 9LP2	29/07/2005	£139,995	Flat	L/H	Map	8, Woolmoore Road, Speke, Liverpool, Merseyside, L24 9LP3	28/07/2005	£136,995	Flat	L/H	Map	2, Woolmoore Road, Speke, Liverpool, Merseyside, L24 9LP4	28/07/2005	£136,995	Flat	L/H	Map	4, Woolmoore Road, Speke, Liverpool, Merseyside, L24 9LP5	28/07/2005	£139,995	Flat	L/H	Map	6, Woolmoore Road, Speke, Liverpool, Merseyside, L24 9LP6	28/07/2005	£142,995	Flat	L/H	Map	10, Woolmoore Road, Speke, Liverpool, Merseyside, L24 9LP7	28/07/2005	£142,995	Flat	L/H	Map	12, Woolmoore Road, Speke, Liverpool, Merseyside, L24 9LP8	28/07/2005	£164,995	Flat	L/H	Map	14, Woolmoore Road, Speke, Liverpool, Merseyside, L24 9LP9	28/07/2005	£164,995	Flat	L/H	Map	16, Woolmoore Road, Speke, Liverpool, Merseyside, L24 9LP10	17/06/2005	£161,995	Det.	L/H	Map	26, Woolmoore Road, Speke, Liverpool, Merseyside, L24 9LP

TB

Trying to find out what number - wonder whether they paid the full £164,950 or the reduced £137K. Even so the history of price show that they were overvalued. ;)

Edited by teddyboy

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Found a few at auction here

LOT 075) 228,230,232 & 232A Knowsley Road, Bootle L20

228,230,232 & 232A Knowsley Road, Bootle L20

A residential investment comprising 4 flats let on AST’s producing a combined income of £13,540 per annum. There are 2 x 1 beds and 2 x 2 beds. Two of the flats have been recently refurbished to included new kitchens and bathrooms and central heating.

Download PDF Brochure

Type: Investment Guide: £120000 Auction: 18-05-06

_________________________________________________________

(LOT 012) 21 Rathbone Road, Wavertree, Liverpool, L15 4HG

21 Rathbone Road, Wavertree, Liverpool, L15 4HG

A residential investment comprising a 3 storey 7 bedroomed house let to students. The property is currently producing £14,532 per annum.

Download PDF Brochure Map

Type: Investment Guide: £120000 Auction: 18-05-06

Looking at the returns why are they selling???????

TB

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Found a few at auction here

LOT 075) 228,230,232 & 232A Knowsley Road, Bootle L20

228,230,232 & 232A Knowsley Road, Bootle L20

A residential investment comprising 4 flats let on AST’s producing a combined income of £13,540 per annum. There are 2 x 1 beds and 2 x 2 beds. Two of the flats have been recently refurbished to included new kitchens and bathrooms and central heating.

Download PDF Brochure

Type: Investment Guide: £120000 Auction: 18-05-06

_________________________________________________________

(LOT 012) 21 Rathbone Road, Wavertree, Liverpool, L15 4HG

21 Rathbone Road, Wavertree, Liverpool, L15 4HG

A residential investment comprising a 3 storey 7 bedroomed house let to students. The property is currently producing £14,532 per annum.

Download PDF Brochure Map

Type: Investment Guide: £120000 Auction: 18-05-06

Looking at the returns why are they selling???????

TB

I saw this at the auction I went to. One (commercial) property had a guide price that made the rental return, despite one part of the property being empty. The guide price would have the return being >10%. The sale price? <5%

My best guess is that the auctioneers put a few "bargains" into the auction to "bring in the punters". For the auction I went to, it was the last property auctioned. The ideal time to leave an impression of frenzied bidding way over guide price?

Billy Shears

Edited by BillyShears

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Good find TB

Similar seems to be happening in Birmingham

New build flat in Brum B16 bordering on Edgbaston bought for £250k sold at auction today by Halifax at £128k - loss of £122,000 in just under 2 years

CS

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Another interesting one:

OFFERS OVER £125,000. A three bedroom semi detached property situated in a popular residential area off Bowland Avenue and Bentham Drive. The accommodation comprises in brief; hall, lounge, morning room and kitchen. To the first floor there are three bedrooms and a bathroom. This property is in need of modernisation which is reflected in the asking price. Any potential purchaser would be required, within 28 days of acceptance of an offer, to exchange contracts. The property is also offered for sale with the additional benefit of NO CHAIN. The property is set in gardens to the front and rear.

http://www.vebra.com/home/search/vdetails....410&pid=9946829

More the wording. Bear in mind this is in the same area that the MUPPETS on HTBAPD made a missive loss on. - Sold for £130K on the proggy i think. Oh f+ck it i cant help it

"Firrstt Time Buyers.... come and see meee ouse"

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  • 301 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%



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