Bootsox Posted February 1, 2010 Share Posted February 1, 2010 Magellan House recent property sale: http://*******.com/ylhapjk 173, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JP £166,000 30-Jul-2004 173, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JP £148,900 30-Nov-2009 Quote Link to comment Share on other sites More sharing options...
awaytogo Posted February 1, 2010 Share Posted February 1, 2010 Magellan House recent property sale: http://*******.com/ylhapjk 173, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JP £166,000 30-Jul-2004 173, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JP £148,900 30-Nov-2009 This ones lost some value. http://www.eigroup.co.uk/auctioneers/templates/lotdetails.asp?au=13422&a=539&c=hah&l=560946 Sold for £32000 after auction 26-01-2010 Bought £119995 on 10-03-2008 Our property 2008-03-10 4, Springfield Court Amersall Road, Scawthorpe, Doncaster, South Yorkshire, DN5 9LN Flat, Leasehold, New Build add details... £119,995 Whats That as a percentage loss? Quote Link to comment Share on other sites More sharing options...
Bootsox Posted February 2, 2010 Share Posted February 2, 2010 This ones lost some value. http://www.eigroup.co.uk/auctioneers/templates/lotdetails.asp?au=13422&a=539&c=hah&l=560946 Sold for £32000 after auction 26-01-2010 Bought £119995 on 10-03-2008 Our property 2008-03-10 4, Springfield Court Amersall Road, Scawthorpe, Doncaster, South Yorkshire, DN5 9LN Flat, Leasehold, New Build add details... £119,995 Whats That as a percentage loss? Well spotted, that must be some kind of record. However, truth be known, we are now getting down to the actual worth of these places. I mean, £120k for a one bed box unbelievable! Quote Link to comment Share on other sites More sharing options...
awaytogo Posted February 7, 2010 Share Posted February 7, 2010 Well spotted, that must be some kind of record. However, truth be known, we are now getting down to the actual worth of these places. I mean, £120k for a one bed box unbelievable! To right about the £120k price tag, noticed a lot of these blocks of Flats! opps sorry i mean appartments are having there prices slashed recently. Quote Link to comment Share on other sites More sharing options...
Si1 Posted February 17, 2010 Share Posted February 17, 2010 Well spotted, that must be some kind of record. However, truth be known, we are now getting down to the actual worth of these places. I mean, £120k for a one bed box unbelievable! in Doncaster Quote Link to comment Share on other sites More sharing options...
pepsi Posted February 17, 2010 Share Posted February 17, 2010 (edited) I too was wondering how South Yorkshire prices were relevant to the Leeds / West Yorkshire / North Yorkshire group. They'll be quoting Barnsley prices next Edited February 17, 2010 by pepsi Quote Link to comment Share on other sites More sharing options...
awaytogo Posted February 20, 2010 Share Posted February 20, 2010 I too was wondering how South Yorkshire prices were relevant to the Leeds / West Yorkshire / North Yorkshire group. They'll be quoting Barnsley prices next Time you were in bed children. Quote Link to comment Share on other sites More sharing options...
The Ayatollah Buggeri Posted February 22, 2010 Share Posted February 22, 2010 Several houses have just come onto the market in the Hyde Park area of Leeds, here, here and here, for example (plus about 4-5 others); this after about a year of pretty much nothing on the market in this area. BTL-er selling up? Couldn't get planning permission to turn them into student HMOs (the fact that most of these properties are said to be in need of repair/renovation suggests to me that this is what they've been used as)? Getting out before a fall? Quote Link to comment Share on other sites More sharing options...
sleepless Posted February 23, 2010 Share Posted February 23, 2010 Several houses have just come onto the market in the Hyde Park area of Leeds, here, here and here, for example (plus about 4-5 others); this after about a year of pretty much nothing on the market in this area. BTL-er selling up? Couldn't get planning permission to turn them into student HMOs (the fact that most of these properties are said to be in need of repair/renovation suggests to me that this is what they've been used as)? Getting out before a fall? £115k for a 2 bed in Thornville St or Harold Rd.? Totally unrealistic Quote Link to comment Share on other sites More sharing options...
Si1 Posted March 10, 2010 Share Posted March 10, 2010 Good work Bootsox (you forgot to update the sale at the back end 08 of 37 Magellan for £98,000 which is what caused controversy in the thread when i said that this was a good price to buy it at (possibly because it's not on Ourproperty.co.uk which i believe is the site you use...) So then, 37 Magellan house - £30,000 profit for the 'fool' that bought it at £98,000 in less than a year, what a terrible investment that was, and the market has only really just started to recover.... ummm what a terrible yield that is!!! Everyone that argued so vehemently against me was full of s@*t, and you seem to pride yourselves on knowing so much about property! Lesson to readers - be brave when the market is fearful and fearful when the market is brave... trust your own instincts and don't listen to pessimistic comments from people on discussion forums! 2 beds Magellan House currently letting offers down to 650 pcm furnished (and pretty desperate offering first month half price etc). Barely worth £100k based on yields, and rents seem to be falling. Quote Link to comment Share on other sites More sharing options...
Bootsox Posted May 30, 2010 Share Posted May 30, 2010 Magellan House recent property sale: http://*******.com/ylhapjk 173, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JP £166,000 30-Jul-2004 173, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JP £148,900 30-Nov-2009 Recent sale http://*******.com/36ly9c4 89, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JG £111,000 22-Aug-2003 89, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JG £120,000 30-Jan-2004 89, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JG £98,000 01-Apr-2010 Quote Link to comment Share on other sites More sharing options...
Si1 Posted June 2, 2010 Share Posted June 2, 2010 Recent sale http://*******.com/36ly9c4 89, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JG £111,000 22-Aug-2003 89, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JG £120,000 30-Jan-2004 89, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JG £98,000 01-Apr-2010 I think that's a 1 bedder, still some way to go Quote Link to comment Share on other sites More sharing options...
Si1 Posted October 6, 2010 Share Posted October 6, 2010 (edited) both 2 bedders?, neighbouring flats down from 149k to 103k in 8 months to July 2010 7th Jul 2010 175, Magellan House, Armouries Way, Leeds LS10 1JP See all house prices in LS10 1JP Flat, Leasehold, -- Beds, -- Baths, -- Receps - Edit £103,000 30th Nov 2009 173, Magellan House, Armouries Way, Leeds LS10 1JP See all house prices in LS10 1JP Flat, Leasehold, 2 Beds, 1 Baths, 1 Receps - Edit £148,900 Edited October 6, 2010 by Si1 Quote Link to comment Share on other sites More sharing options...
Bootsox Posted November 1, 2010 Share Posted November 1, 2010 (edited) This place must have originally sold during the white heat of the property boom: http://*******.com/2eehor3 Apartment 706, The Gateway North, Crown Point Road, Leeds, West Yorkshire, LS9 8BX £221,500 Flat Leasehold New Build 06-Mar-2007 Map (LS9 8BX) Now recently sold at auction: http://www.auction.co.uk/residential/LotDetails.asp?A=642&MP=84&ID=642000224&S=C&O=A Lot 211 Auction 28th October 2010 Guide Price £80,000 - £90,000 Result £119,000 Gross initial Yield 7.06 % Leeds Apartment 706, The Gateway North, Crown Point, West Yorkshire LS9 8BX Edited November 1, 2010 by Bootsox Quote Link to comment Share on other sites More sharing options...
Bootsox Posted November 26, 2010 Share Posted November 26, 2010 (edited) link Was: 50,Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JE £175,000 Flat Leasehold New Build 06-Aug-2003 Map (LS10 1JE) Now: 50,Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JE £138,000 Flat Leasehold Not New Build 01-Oct-2010 Map (LS10 1JE) Edited November 26, 2010 by Bootsox Quote Link to comment Share on other sites More sharing options...
Bootsox Posted November 26, 2010 Share Posted November 26, 2010 link Was: Apartment 87, Balmoral Place, 2 Bowman Lane, Hunslet, Leeds, West Yorkshire, LS10 1HR £265,495 Flat Leasehold New Build 14-Dec-2005 Map (LS10 1HR) Now: Apartment 87, Balmoral Place, 2 Bowman Lane, Hunslet, Leeds, West Yorkshire, LS10 1HR £163,000 Flat Leasehold Not New Build 20-Sep-2010 Map (LS10 1HR) Quote Link to comment Share on other sites More sharing options...
Kyoto Posted December 8, 2010 Share Posted December 8, 2010 Today I've been contacted by my old EA about an investor selling up in Clarence Dock. 3 x 2 bedders coming onto the market, 'very negotiable' if another investor wanted to take 2 or all 3 and could complete early as possible in the new year. Don't know the numbers but I bet they would have been £180k+ as new builds. Clarence Dock stock mostly cleared at the peak of the boom. Quote Link to comment Share on other sites More sharing options...
Bootsox Posted December 30, 2010 Share Posted December 30, 2010 (edited) Was Apartment 87, Balmoral Place, 2 Bowman Lane, Hunslet, Leeds, West Yorkshire, LS10 1HR £265,495 Flat Leasehold New Build 14-Dec-2005 Map (LS10 1HR) Now Apartment 87, Balmoral Place, 2 Bowman Lane, Hunslet, Leeds, West Yorkshire, LS10 1HR £163,000 Flat Leasehold Not New Build 20-Sep-2010 Map (LS10 1HR) My link Edited December 30, 2010 by Bootsox Quote Link to comment Share on other sites More sharing options...
Bootsox Posted August 1, 2011 Share Posted August 1, 2011 (edited) Another story of financial ruination? My link 63, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JE £195,000 Flat Leasehold New Build 25-Jul-2003 Map (LS10 1JE) 63, Magellan House, Armouries Way, Leeds, West Yorkshire, LS10 1JE £137,500 Flat Leasehold Not New Build 19-May-2011 Map (LS10 1JE) Edited August 1, 2011 by Bootsox Quote Link to comment Share on other sites More sharing options...
Bootsox Posted September 17, 2011 Share Posted September 17, 2011 (edited) originally sold at the height of the property boom: new build price 2007-07-20 1, Melbourne Mills Melbourne Street, Morley, Leeds, West Yorkshire, LS27 8BJ Flat, Leasehold, New Build add details... £126,850 ....and at auction (15/09/11) auction result Lot 269 15th September 2011 Auction Guide Price £55,000 - £65,000 Result £55,000 1 Melbourne Mills Melbourne Street Morley West Yorkshire LS27 8BJ Edited September 17, 2011 by Bootsox Quote Link to comment Share on other sites More sharing options...
awaytogo Posted September 17, 2011 Share Posted September 17, 2011 originally sold at the height of the property boom: new build price 2007-07-20 1, Melbourne Mills Melbourne Street, Morley, Leeds, West Yorkshire, LS27 8BJ Flat, Leasehold, New Build add details... £126,850 ....and at auction (15/09/11) auction result Lot 269 15th September 2011 Auction Guide Price £55,000 - £65,000 Result £55,000 1 Melbourne Mills Melbourne Street Morley West Yorkshire LS27 8BJ Back to reality with that one then Quote Link to comment Share on other sites More sharing options...
Bootsox Posted November 13, 2011 Share Posted November 13, 2011 2 bedroom flat for sale £127,500 Magellan House Armouries Way, Leeds LS10 flat Although in the blurb they say they have had an offer for £121k. This property originally sold for £180k on 25/07/03 Every single new build flat that eventually sells in Leeds City centre now seems to be at a considerable loss. Quote Link to comment Share on other sites More sharing options...
Bootsox Posted November 28, 2011 Share Posted November 28, 2011 link 119, Calder House, Navigation Walk, Leeds, West Yorkshire, LS10 1JJ Flat, Leasehold, Not New Build 20-Mar-2008 £245,000 28-Sep-2011 £171,000 Quote Link to comment Share on other sites More sharing options...
awaytogo Posted November 28, 2011 Share Posted November 28, 2011 link 119, Calder House, Navigation Walk, Leeds, West Yorkshire, LS10 1JJ Flat, Leasehold, Not New Build 20-Mar-2008 £245,000 28-Sep-2011 £171,000 Almost down to 2002 price then.? 2002-01-18 119, Calder House Navigation Walk, Leeds, West Yorkshire, LS10 1JJ Flat, Leasehold add details... £143,000 Quote Link to comment Share on other sites More sharing options...
Bootsox Posted November 29, 2011 Share Posted November 29, 2011 Almost down to 2002 price then.? 2002-01-18 119, Calder House Navigation Walk, Leeds, West Yorkshire, LS10 1JJ Flat, Leasehold add details... £143,000 Yes, perhaps the next leg down? Quote Link to comment Share on other sites More sharing options...
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