just for fun- how much do you think it'll sell for eventually

before_hollywood

Cleaver wrote: »

Is that a new build one in Central Manchester?

When you wander around the city centre at the moment you see all sorts of offers for the really crappy developments. One is offering incentives for potential BTL landlords in a particulary horrible, thrown together building in the east of the centre which includes a guaranteed return of 8% income of your purchase price for the first two years (even if it goes unrented), 12 months free membership at a gym, 10% deposit paid, £5k cashback etc. It's probably around 50% overpriced however.

nope, 7 miles out the centre, i dont do manc city centre

Cleaver

before_hollywood wrote: »

nope, 7 miles out the centre, i dont do manc city centre

In the same way Victoria Beckham "don't do" food?

before_hollywood

Cleaver wrote: »

In the same way Victoria Beckham "don't do" food?

only if victoria beckham had an ex that worked in the only food shop in the area :rotfl:

my ex works in manc city centre and frequently shops there

Airwolf1

before_hollywood wrote: »

flat http://www.rightmove.co.uk/property-for-sale/property-19766590.html?pageNumber=5&backToListURL=%2Fproperty-for-sale%2Ffind.html%3FlocationIdentifier%3DREGION%255E257%26sortByPriceDescending%3Dfalse%26index%3D40&locationIdentifier=REGION^257&radius=0.0

that wasnt the exact one, but there have been a few in that block circa 80k

house http://www.rightmove.co.uk/property-for-sale/property-11004597.html?pageNumber=4&backToListURL=%2Fproperty-for-sale%2Ffind.html%3FlocationIdentifier%3DREGION%255E257%26sortByPriceDescending%3Dfalse%26index%3D30&locationIdentifier=REGION^257&radius=0.0

bungalow http://www.rightmove.co.uk/property-for-sale/property-11060643.html?pageNumber=8&backToListURL=%2Fproperty-for-sale%2Ffind.html%3FlocationIdentifier%3DREGION%255E20463%26sortByPriceDescending%3Dfalse%26radius%3D0.25%26index%3D70&locationIdentifier=REGION^20463&radius=0.25

All these depend on when they sell, not how much will they go for. If they sell within the next 4 weeks, the sold prices may be more than what they sell for in 10 months time.

If I wanted these properties, and wanted them within the next few weeks, I would first check for sold prices on rightmove, but not knowing the postcode or area, I would offer £70,000 for the flat, the mid terrace £75,000 and the bungalow £65,000. If they were on the market in ecember 2009 ime, my offers would be lower. It depends if someone has the money for one of these properties and "falls in love with it" so much as to offer close to the asking price really.

before_hollywood

if they want 70k for the flat i would want the deposit contribution in the details included for that but thats me being cheeky lol

AMG2B

I actually think the house will drop the most as it looks as though it needs a lot of work done to it. I'm normally a flat hater but that one looks really nice - really good for a ftb (is that what you are?).

In 12 months.......

House - 60k
Flat - 68k
Bungalow - 62k

I'm probably wayyyyy out! It will be interesting to see what they go for in the end!

dwsjarcmcd

The house looks empty, so they may need to sell or it could be a repo - agree around £60 - £65k
The bungalow looked like the only bedroom was a single! - Similar price.
The flat was by far the best property IMHO, and was not a new build, so around £70 -£75 k

If I was buying now, then I would be factoring in a 10 - 15% fall in prices and offering accordingly.

David

abaxas

Maybe they wont sell as they will have a zero valuation?

Lots of property was unsellable in the last 'crash', so I guess it could happen again.

mummytofour

The flat is really nice but what is the mantience change like? Looks like a niceish area too.

The terrace I would not pay more than 60k I dont like it and and not sure that it would be a good long term investment.

The bugelow, yes probably worth considering and it has parking, could well be a good buy.

However I am from down south and have no idea of Northan prices/areas.

Ps spell check is having a back day, excuse my spellings.

caveman38

before_hollywood wrote: »

bit of a fun one.

i been waiting to buy in nw, south lancs/north manchester area, seen a flat i like and also 2 houses, the flat and 1 house are 1 bed (the house is a bungalow) and the other is a 2 bed terraced, all about the 80k mark and have been for 6-9 months.

i'm ready to buy in a year or so, how much do you think they will sell for?

Not wishing to sound facetious, but. How come you don't know what type of property you would like. Semi, flat and bungalow are all different. Why?