Jump to content
House Price Crash Forum
Sign in to follow this  

Swindon Flat

Recommended Posts

Found advertising their sale via gumtree, newbuild in 2005 flat, now for sale at less than the 2005 purchase price!

Doesnt even look like they've ever had a tenant in - doesnt look like such a good investment now does it?


but sold in 2005 for:


Oops, looking behind their webpage, looks like they're even having to sell the second car to cover their "liquidity problems"


and they've put their lease info prices up too:



and looking further at the price info - no 21 sold in Dec 2004 for 149,950, then in JUNE 2007 for 127,500 - god only knows how much they would have dropped by now!

Edited by labrat

Share this post

Link to post
Share on other sites

Very little chance of selling it at that price. <_<

I think people like Kirsty should start making programs where they meet these type of "homeowners'. See how positive she is then.

Share this post

Link to post
Share on other sites

No 20 dropped too: 23/12/2004 £148,950 then 20/11/2006 £121,000.

I can't believe that people still bought them new last year; I think that they would have been better off losing their deposit than buying £30k of negative equity.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 294 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%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.