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Ideas to add value to this house

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Comments

  • silvercar
    silvercar Posts: 50,708 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Thanks.

    Amazing that, without me mentioning my price limit, people know I'm wasting money!
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • You're not wasting money, whatever you offer...go for it, I would but unfortunately don't have a brass razoo to my name at the mo...still, that situation won't remain the same forever hopefully..! :D

    PS My MIL had one of these houses a while back and she had the whole ground floor converted to a mini-flat for the teenage daughter, and shifted the kitchen and sitting room to the next floor. Box room upstairs became bathroom. True, she lost 2 bedrooms in reality, but believe me, it was well worth it to keep the teenager out of the way but still under her roof to keep an eye on...just thought I'd share...;)
  • dopester
    dopester Posts: 4,890 Forumite
    ds1980 wrote: »
    Good upcoming area laura ashley just moved in.

    Whoopie-Do. Laura Ashley. One of the strongest and stylish pillars of the economy.
    LONDON (SHARECAST) - First half profit rose 13% at clothing and furniture retailer Laura Ashley despite “extremely challenging” conditions on the high street.

    The firm, which opened 20 new stores during the 26 weeks to 26 July, reported profit before taxation and exceptionals up to £4.5m from £4m in 2007 on sales 5.5% higher at £120.2m.

    “Trading conditions on the high street this year have been extremely challenging, with no indication that the economic situation is likely to improve in the short-term,” said chairman K P Khoo.

    “However, I do believe we are well positioned with our continued focus on operational efficiency, product differentiation and innovation.”

    The interim dividend remains unchanged at 0.5p a share
    As part of my discounted rent, I was asked to buy a certain £150 Laura Ashley item recently. My sister got the exact Laura Ashley item, near enough brand new, from a car-boot sale for £25 on Saturday just gone. Result. :p
  • dopester
    dopester Posts: 4,890 Forumite
    Doozergirl wrote: »
    And it's great silvercar, that so many people wouldn't because it means that there will be less people bidding at auction. If you've got money to spend, I think there are some deals to be had right now. Auction prices have fallen off a cliff and they were still, in general the place to pick up something cheap.

    Problem is that your mindset of value and cheap is not mine nor many others.

    I was just reading a forum elsewhere:
    I think the problem now is the lack of finance around to keep it moving and a total lack of confidence in the market. Our EA says that surveyors are now struggling to value properties.
    Even surveyors it seems now are having their minds-mashed to pricing in this rapidly falling market.

    I've got a feeling some fragile minds here will be melted with the repricing to what "value" and "cheap" actually comes to mean in the readjustment ahead.
  • dopester
    dopester Posts: 4,890 Forumite
    Here is the Rightmove link to your pwoperty.

    http://www.rightmove.co.uk/viewdetails-23119733.rsp?pa_n=4&tr_t=buy&mam_disp=true

    I glanced at other listings for Borehamwood and it looks a right dive. Ugly property after ugly property.

    Your charming place last sold in 2005, and before that, in 2001, which clearly no one here can envisage prices falling back to. What? House prices giving up 8 years of HPI? Ridiculous. Banks would fold before that hahaha.

    Sale Date: 02/09/2005
    Price: £230,000
    Type: Ter.
    Tenure: F/H
    New Build: No
    Address: 1, Byron Avenue, Borehamwood, Hertfordshire, WD6 2BN
    --

    Sale Date: 07/02/2001
    Price: £147,500
    Type: Ter.
    Tenure: F/H
    New Build: No
    Address: 1, Byron Avenue, Borehamwood, Hertfordshire, WD6 2BN

    --
  • dopester
    dopester Posts: 4,890 Forumite
    Borehamwood unaffected by the economic storm and downturn playing out?

    Ah well, all the people losing jobs can comfort-shop at Laura Ashley to take their minds off it.

    http://afp.google.com/article/ALeqM5gGRHrE6M7D4hW9a2kt6MW_CpSUlg
    Bradford & Bingley to axe 370 jobs

    It said it would shut its mortgage processing centre in Borehamwood, significantly reduce its sales staff and axe all remaining mortgage advisors based at its branches."

    As a result of the closure of (the) Borehamwood centre, 300 staff located there will be made redundant. It is expected that the site will close in the first quarter of 2009," it said.
  • GDB2222
    GDB2222 Posts: 26,889 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    dopester wrote: »

    I glanced at other listings for Borehamwood and it looks a right dive. Ugly property after ugly property.

    Sadly, some of the architecture is not great, but the area is really rather nice, if a little dull. It's on the edge of the green belt around London, and it has good rail links.

    At guide price, the house at Byron Close offers very good value compared to say a 2 bed flat in Finchley at around the same price. Borehamwood is further out, but the commute into London is about the same time, as the train much faster than the underground. The commute is more expensive from Boringwood (as it is rather unkindly known) though.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • I live somewhere in South Herts. Borehamwood is grim and the schools are not the best. Nobody who knows Borehamwood could possibly say it's an up and coming area. I spotted the Laura Ashley when I popped into Lidl whilst driving through on Friday and thought that's a odd shop to open in Borehamwood. Even though I had plenty of time I didn't bother to go and look in it.

    Please don't buy that house.
  • ds1980
    ds1980 Posts: 1,213 Forumite
    the area is ex council but it is what i call a proper english town. Not that many foreigners, no pretentious !!!!! swanning around in inexpensive porsche boxsters, no wine bars. good honest people that look out for one another. There is no knife crime. Some big name shops are moving in. I didn't say i wanted nor would i shop in laura ashley but if it was in winchmore hill or alike no one would bat ane eyelid. The area will remain a cheap and good alternative to riduculously priced london boroughs that are full of foreigners, abundant knife crime, street gangs, traffic beyond recognition etc etc.

    THe op was wanting advice as doozer said this forum has become a joke.
  • ds1980
    ds1980 Posts: 1,213 Forumite
    I live somewhere in South Herts. Borehamwood is grim and the schools are not the best. Nobody who knows Borehamwood could possibly say it's an up and coming area. I spotted the Laura Ashley when I popped into Lidl whilst driving through on Friday and thought that's a odd shop to open in Borehamwood. Even though I had plenty of time I didn't bother to go and look in it.

    Please don't buy that house.

    So grim that you disclose your living quarters as in south herts?

    too afraid to get ridiculed about where you live?

    Borehamwood is fine. Its about one of the only english towns left in or near london! That'll do for me.
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