lid Posted August 2, 2008 Share Posted August 2, 2008 Maybe a BTL investor who got in over his head?? 3 repos below http://www.rightmove.co.uk/viewdetails-225...=2&tr_t=buy http://www.rightmove.co.uk/viewdetails-225...=2&tr_t=buy http://www.rightmove.co.uk/viewdetails-225...=3&tr_t=buy Bet the neighbours are happy - not same road but same estate http://www.rightmove.co.uk/viewdetails-148...=8&tr_t=buy http://www.rightmove.co.uk/viewdetails-224...10&tr_t=buy http://www.rightmove.co.uk/viewdetails-104...11&tr_t=buy http://www.rightmove.co.uk/viewdetails-181...11&tr_t=buy Bring it on Quote Link to comment Share on other sites More sharing options...
Si1 Posted August 2, 2008 Share Posted August 2, 2008 Hunts Cross village my *rse! It's in Speke according to the detail, another one of those lies that pretends that a dodgy area, renamed to something relating to a nice nearby area, is somehow worth more. Council housing area, pretty dodgy, no-where near town, right by the airport and big industrial estates etc. may well be worth sub-40k or less given a year or two. Quote Link to comment Share on other sites More sharing options...
Jim B. Posted August 2, 2008 Share Posted August 2, 2008 Maybe a BTL investor who got in over his head?? 3 repos belowhttp://www.rightmove.co.uk/viewdetails-225...=2&tr_t=buy http://www.rightmove.co.uk/viewdetails-225...=2&tr_t=buy http://www.rightmove.co.uk/viewdetails-225...=3&tr_t=buy Bet the neighbours are happy - not same road but same estate http://www.rightmove.co.uk/viewdetails-148...=8&tr_t=buy http://www.rightmove.co.uk/viewdetails-224...10&tr_t=buy http://www.rightmove.co.uk/viewdetails-104...11&tr_t=buy http://www.rightmove.co.uk/viewdetails-181...11&tr_t=buy Bring it on well spotted, this is just the thing we need to bring down prices. Quote Link to comment Share on other sites More sharing options...
Girly girl Posted August 2, 2008 Share Posted August 2, 2008 The neighbours are already making a loss, 25 was bought for :- 2006-08-31 25 Shadowbrook Drive, Liverpool, Merseyside, L24 9LD £182,995 On for £167,500 Quote Link to comment Share on other sites More sharing options...
leftiebeard Posted August 2, 2008 Share Posted August 2, 2008 The neighbours are already making a loss, 25 was bought for :-2006-08-31 25 Shadowbrook Drive, Liverpool, Merseyside, L24 9LD £182,995 On for £167,500 More evidence of the stupid world we've been inhabiting for far too long. These supped up areas of Northern towns are going to take a pounding over the next 18months. Quote Link to comment Share on other sites More sharing options...
RogerJJ Posted August 3, 2008 Share Posted August 3, 2008 Council housing area, pretty dodgy, no-where near town, right by the airport and big industrial estates etc. may well be worth sub-40k or less given a year or two. Next to airport, so it is good for someone commute everyday by air then. Quote Link to comment Share on other sites More sharing options...
Si1 Posted August 3, 2008 Share Posted August 3, 2008 (edited) Next to airport, so it is good for someone commute everyday by air then. not quite as glamorous as the Dordogne, I hazard. Have you ever been there (Speke, that is, not the Dourdogne) edit: typo Edited August 3, 2008 by Si1 Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted August 3, 2008 Share Posted August 3, 2008 Maybe a BTL investor who got in over his head?? 3 repos belowhttp://www.rightmove.co.uk/viewdetails-225...=2&tr_t=buy http://www.rightmove.co.uk/viewdetails-225...=2&tr_t=buy http://www.rightmove.co.uk/viewdetails-225...=3&tr_t=buy FWIW heres the auction catalogue for the Barnard Marcus auction on 19/08/08 http://www.barnardmarcusauctions.co.uk/ catalogue http://www.eigroup.co.uk/ImageLib/LotPhoto...9/Catalogue.pdf See lots 145, 146, 147 And if that wasn't enough bear food, Lots 84 and 85 are 109 and 119 Hansby Drive Quote Link to comment Share on other sites More sharing options...
john_travolta Posted August 4, 2008 Share Posted August 4, 2008 We went to see what was happening at another bellway development down the road from this and the salewoman did mention about a development they had in hunts cross thatd bellway had completely mothballed because some repos were coming back with valuations massively under what the new ones were being marketed at... must be this. Thanks for that. So instead of reducing prices theyll just stop building completely. She was also kind enough to tell us she was struggling on her basic as she had committed on a lot of repayments that were dependent on her commission, very telling. Oh but also we should reserve soon otherwise we'd miss out... haha Quote Link to comment Share on other sites More sharing options...
lid Posted August 8, 2008 Author Share Posted August 8, 2008 Sold Price at the peak of the madness 31 Jul 2006 109 Hansby Drive, Speke, Liverpool,Merseyside L24 9LW Semi-Detached (New build) Leasehold £194,995 Auction Guide Price http://www.rightmove.co.uk/viewdetails-226...=3&tr_t=buy Quote Link to comment Share on other sites More sharing options...
Telometer Posted August 8, 2008 Share Posted August 8, 2008 Oooouch. 59% off already. Ooooooooooooooooooouch! Quote Link to comment Share on other sites More sharing options...
lid Posted August 19, 2008 Author Share Posted August 19, 2008 109 Hansby Drive just went for £91,500 at auction Nice 53% off from peak Quote Link to comment Share on other sites More sharing options...
bagsos Posted August 20, 2008 Share Posted August 20, 2008 109 Hansby Drive just went for £91,500 at auctionNice 53% off from peak The cascade road ones went for £89k or thereabouts. I learnt to drive round Edwards Lane and it was a horrible place. Agree with Si1 - even £89k is too much - think £50k - £60k. Quote Link to comment Share on other sites More sharing options...
lid Posted August 20, 2008 Author Share Posted August 20, 2008 I believe the land was contaminated for many years before they could finally build on it. And then you have the lovely Eli Lilly pharmaceutical plant just opposite with its wonderful night time odours. Why would you not want to live there?? Quote Link to comment Share on other sites More sharing options...
AteMoose Posted August 22, 2008 Share Posted August 22, 2008 91k is a good price, I hope it was a young hard-working family that bought Quote Link to comment Share on other sites More sharing options...
Si1 Posted August 22, 2008 Share Posted August 22, 2008 The cascade road ones went for £89k or thereabouts. I learnt to drive round Edwards Lane and it was a horrible place. Agree with Si1 - even £89k is too much - think £50k - £60k. and I was just going on memory from when I grew up up the road from there (in a nicer area) 15 to 20 odd years ago, and a few times I've driven thru on the way to see ma and pa. Places don't change THAT much! Quote Link to comment Share on other sites More sharing options...
bagsos Posted August 22, 2008 Share Posted August 22, 2008 (edited) and I was just going on memory from when I grew up up the road from there (in a nicer area) 15 to 20 odd years ago, and a few times I've driven thru on the way to see ma and pa. Places don't change THAT much! It was 23 years ago when I started to learn to drive in Liverpool and 11 years ago when I finished in Manchester (don't ask.....) Edit to say I should own BSM after the number of driving lessons I had with them; or at least 3 metros and a couple of corsas Edited August 22, 2008 by bagsos Quote Link to comment Share on other sites More sharing options...
Si1 Posted August 22, 2008 Share Posted August 22, 2008 It was 23 years ago when I started to learn to drive in Liverpool and 11 years ago when I finished in Manchester (don't ask.....)Edit to say I should own BSM after the number of driving lessons I had with them; or at least 3 metros and a couple of corsas so technically it could have got really nice there since...except I have driven thru in the last year and doesn't look it Quote Link to comment Share on other sites More sharing options...
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