M21er Posted February 28, 2008 Report Share Posted February 28, 2008 Hi More evidence today of the state of the housing market across the country. Erinaceous Auction 12pm Start - No registration required Today's Order of Sale - 48 lots There are 3 flats ( Lots 41, 42 and 43 ) in today's auction from Brook Court, Nottingham Lot 41 - Apartment 21, Brook Court, Nottingham Guide Price £55k 21 Brook Court: Last Sold Price £125k August 2006 M21er Quote Link to post Share on other sites
sambino Posted February 28, 2008 Report Share Posted February 28, 2008 Most of the properties I would not go near with a barge poll what part of Notts are those 3 flats in ? Quote Link to post Share on other sites
M21er Posted February 28, 2008 Author Report Share Posted February 28, 2008 Most of the properties I would not go near with a barge poll what part of Notts are those 3 flats in ? Hi I don't know the area - Post code is NG7 ( Player Street ) from the catalogue M21er Quote Link to post Share on other sites
sambino Posted February 28, 2008 Report Share Posted February 28, 2008 Near the Uni should not be too dodgy looks a bit industrial though on google maps Quote Link to post Share on other sites
M21er Posted February 28, 2008 Author Report Share Posted February 28, 2008 It's underway. First lot under the hammer ( Lot 3 - Flat in Tulse Hill, SW2 ) unsold at £102k M21er Quote Link to post Share on other sites
DoctorJ Posted February 28, 2008 Report Share Posted February 28, 2008 These auctions are great fun - cheers for posting them M21er Quote Link to post Share on other sites
Griptool Posted February 28, 2008 Report Share Posted February 28, 2008 Second lot unsold - 100% unsold so far Quote Link to post Share on other sites
Griptool Posted February 28, 2008 Report Share Posted February 28, 2008 Strike 3 - lot seven unsold, still on target for 100% unsold Quote Link to post Share on other sites
Griptool Posted February 28, 2008 Report Share Posted February 28, 2008 Lot 8 --------- Unsold Quote Link to post Share on other sites
M21er Posted February 28, 2008 Author Report Share Posted February 28, 2008 Lot 8 --------- Unsold 3 out of the 4 unsold have been in London .... Quote Link to post Share on other sites
hellsbells Posted February 28, 2008 Report Share Posted February 28, 2008 what's going on with this auction? Stuff is bidding above guide but then "unsold". Any ideas? Bids off the wall etc? Quote Link to post Share on other sites
cartimandua51 Posted February 28, 2008 Report Share Posted February 28, 2008 Most of the properties I would not go near with a barge poll what part of Notts are those 3 flats in ? Forest Fields (where the ladies of the night ply their trade a lot) / Radford Boulevard which has been dodgy for 50 years. Quote Link to post Share on other sites
cartimandua51 Posted February 28, 2008 Report Share Posted February 28, 2008 what's going on with this auction? Stuff is bidding above guide but then "unsold".Any ideas? Bids off the wall etc? That, or just not reached the reserve, which can be quite a bit higher than the guide price. In the auctions I've attended the sold price tended to be Guide + 25% / 33%. The auctioneer can take bids "off the wall" up to the reserve price. Quote Link to post Share on other sites
M21er Posted February 28, 2008 Author Report Share Posted February 28, 2008 Forest Fields (where the ladies of the night ply their trade a lot) / Radford Boulevard which has been dodgy for 50 years. Hi CM51 You seem to know Nottingham - is Brook Court the block that featured on one of the televsion programmes recently (Repossession, Repossession, Repossession ? ) M21er Quote Link to post Share on other sites
M21er Posted February 28, 2008 Author Report Share Posted February 28, 2008 (edited) Forest Fields (where the ladies of the night ply their trade a lot) / Radford Boulevard which has been dodgy for 50 years. Duplicate Post - Apologies Edited February 28, 2008 by M21er Quote Link to post Share on other sites
hostman Posted February 28, 2008 Report Share Posted February 28, 2008 what's going on with this auction? Stuff is bidding above guide but then "unsold".Any ideas? Bids off the wall etc? Probably a reserve set by the seller? Quote Link to post Share on other sites
hellsbells Posted February 28, 2008 Report Share Posted February 28, 2008 That, or just not reached the reserve, which can be quite a bit higher than the guide price. In the auctions I've attended the sold price tended to be Guide + 25% / 33%. The auctioneer can take bids "off the wall" up to the reserve price. Murky stuff - so presumably if you are the only bidder you can be stuffed by the auctioneer? Quote Link to post Share on other sites
Griptool Posted February 28, 2008 Report Share Posted February 28, 2008 Lot 15, redhill surry - sold 16/08/2004 - £215,00 Sold today at £181,000 Quote Link to post Share on other sites
Griptool Posted February 28, 2008 Report Share Posted February 28, 2008 Lot 17 - no bids, couldn't even interest the wall in this one. Quote Link to post Share on other sites
hostman Posted February 28, 2008 Report Share Posted February 28, 2008 Lot 17 had no bids, guide price was only £75k and it was in London. Quote Link to post Share on other sites
hellsbells Posted February 28, 2008 Report Share Posted February 28, 2008 Lot 17 - no bids, couldn't even interest the wall in this one. A wall of indifference perhaps? Quote Link to post Share on other sites
DoctorJ Posted February 28, 2008 Report Share Posted February 28, 2008 Lot 17 had no bids, guide price was only £75k and it was in London. what a miserable pokey sh*tehole that one must have been Quote Link to post Share on other sites
M21er Posted February 28, 2008 Author Report Share Posted February 28, 2008 Lot 17 had no bids, guide price was only £75k and it was in London. Rented at £6600pa - and no interest at £75k - is Norbury that bad? Lot 17 details Quote Link to post Share on other sites
Sonic the Hedge Fund Posted February 28, 2008 Report Share Posted February 28, 2008 (edited) A wall of indifference perhaps? Perhaps the wall couldn't get a mortgage on it's new portfolio? Edited February 28, 2008 by Sonic the Hedge Fund Quote Link to post Share on other sites
REB Posted February 28, 2008 Report Share Posted February 28, 2008 The ones that are selling appear to going for roughly 2002 prices !! Quote Link to post Share on other sites
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