Right, Im being boring again, but last time

hethmar

Well, its not a place Id have bought - Id much prefer one of those beautiful period building conversions - like the old hospital near you fc, but I guess Im a middle aged woman and he is a young bloke - makes a bit of difference I guess.
Right, I spose this thread is now officially closed

Ill start another one whinging about the costs and worries of it all in a couple of months may be

fc123

hethmar wrote: »

Ill start another one whinging about the costs and worries of it all in a couple of months may be

No you won't ....That's his department now .....you just schedule in all the shows you want to see at O2 over the next year and arrange meet ups.

He'll be fine because he will make it fine...he will live from now on with the decision he made today. Don't worry.;)

dopester

hethmar wrote: »

Well guys, just come in from town and phone message tells me its a done and dusted job. The vendors wouldnt budge but son has gone ahead anyway. :eek:

fc - Ill drop in for that cake and coffee

URL="http://forums.moneysavingexpert.com/showthread.html?t=1291633"]associated thread[/URL

In a few more days, it will be 6 months since he bought. Is £162k still looking value against what comparable properties for sale in the area are asking? Or the prices they have sold for recently.

Or compared to the more upmarket areas you mentioned?

I don't think the area is particularly bad - it just the property values, there and all over the UK.

hethmar

Hi, forgot about this thread

He LOVES the place, got a lodger before he even moved in after a uni friend went to see it with him and was blown away by the view at night.

The price is still looking very good against the area prices I stayed the night with him a couple of weeks back and caught a boat from just along the road over to O2 to see Tina Turner.

I didnt hear a sound all night in the flat, very quiet development. He walks to the new leisure centre to swim every day and has taken on some community voluntary work which has given him a good circle of new mates.

Travel to work is either by main line train, the DLT or boat - nice to have the choice On quiet days he can drive in or the studio sends a car. So he has had no probs even during the bad snow or when the trains have stopped for some reason or other.

All in all he is very pleased he bought the place. Thanks for asking

lostinrates

hethmar wrote: »

Hi, forgot about this thread

He LOVES the place, got a lodger before he even moved in after a uni friend went to see it with him and was blown away by the view at night.

The price is still looking very good against the area prices I stayed the night with him a couple of weeks back and caught a boat from just along the road over to O2 to see Tina Turner.

I didnt hear a sound all night in the flat, very quiet development. He walks to the new leisure centre to swim every day and has taken on some community voluntary work which has given him a good circle of new mates.

Travel to work is either by main line train, the DLT or boat - nice to have the choice On quiet days he can drive in or the studio sends a car. So he has had no probs even during the bad snow or when the trains have stopped for some reason or other.

All in all he is very pleased he bought the place. Thanks for asking

Thats excelelnt news Hethmar.

FWIW I've lived in some very comfortable purpose built flats, and although I love period housing I think purpose built flats would be my preference over a period conversion to flats if we ever go that route in London. If adaquately sound insulated and well laid out there is no reason flats shouldn't make comfortable urban housing. That's why its so dissappointing that some are built, like some new build houses, so poorly: there is no need for that.

hethmar

The nice thing is that the bedrooms are both doubles and one has a very nice ensuite (marble floor and walls) - it adds that bit of luxury and privacy that is missed in a lot of new builds.

The communal areas are very nice too - the corridor is more like an upmarket hotel than a block of flats. Automatic lighting when you walk along it and nicely carpeted.

There is a security guard on 24/7 coverage and entry phones and tvs and the like - hopefully it will continue to be a nice place to live. The London Marathon runs by the flat by the way

Still having some bother with the eco pump heating/air conditioning system, but he has the installers coming in to sort that for him.

fc123

I'm glad it's OK.
I just read back my post...did I really write that? I must remind myself to advise myself more often YKWIM? ;-)

Our son will back living in our family home in a couple of weeks time. Will join the amazinginly, totally fab leisure centre next door too.

Handily, people decided our family home was not far too pricey to purchase back in Oct 08 and, I am glad that is the way it went as, to us, the price doesn't have a £ value any longer.
It is a safe place of good size, overlooking the whole of London with a view that takes ones breath away sometimes and our son can start his post uni life from there.
The mortgage is less than the council tax due to IR being what they are for the time being, and it gives him a chance to get his adult life going.

Hethmar...PM me when you are next up as I live between two places now and have the odd weekend mini break in my own house.......we could grab a coffee or something for 5 mins?

Any Neg equity is now not relevant as one just lives, services the mortage as it is and lives ones life. After a decade or 2 , it all evens out in the end anyway.

hethmar

Yes, that would be lovely - there are a few trendy coffee bars in the town now arent there and another coming to the Arsenal I believe.

I went in the leisure centre to have a look. It is fab isnt it. They have like a "fun area" with waves and stuff one end dont they and then a kiddies pool and then the pool son uses which is for the more serious, "Ive got 25 lengths to do" swimmers. Very impressive. Didnt go in though but apparently there is a very good gym too. So handy for him as its literally just down the road. Thanks for the tip about the Greenwich Citizen card for discounts - he and the lodger have got one and they are very useful, even used in bars and restaurants in Greenwich area.

fc123

hethmar wrote: »

Yes, that would be lovely - there are a few trendy coffee bars in the town now arent there and another coming to the Arsenal I believe.

I went in the leisure centre to have a look. It is fab isnt it. They have like a "fun area" with waves and stuff one end dont they and then a kiddies pool and then the pool son uses which is for the more serious, "Ive got 25 lengths to do" swimmers. Very impressive. Didnt go in though but apparently there is a very good gym too. So handy for him as its literally just down the road. Thanks for the tip about the Greenwich Citizen card for discounts - he and the lodger have got one and they are very useful, even used in bars and restaurants in Greenwich area.

Hey, coffee bars......I may have to sit outside with a flask...purely for anti-oligoploly reasons of course.;) There were only greasy spoons there when I left.

We are up high 2 or so miles away...but you know that

I swam a swimathon there (the leisure centre) some years back....apparently, 34th fastest in my age group back then. Not bad for someone who grew up in an area that is dismissed as scum central by most. Both my kids learnt to swim there and go down the flume, despite being terrified.
The gym is to die for....best one I ever used.....and we are pay for rip off D Lloyds now...beyond compare.

Sometimes, it's better to buy when it's right for the individual......one can put life on hold for ever for a various 'sensible' reasons...but life is for living (OK, within ones means of course) so, sounds to be he made a choice and followed it through.

Dithering_Dad

Nice to see he's enjoying his apartment and his life is moving on. Shame a few people on here are so fixated on squeezing the last pennies out of their purchases that they're prepared to put their lives on hold for years and years.

They know the price of everything and the value of nothing.