Apartments lose nearly half

dazco

edgex wrote: »

Penthouses are usually bigger, better, nicer flats/apartments

quite a few will also have some outside space, eg a roof terrace

No. I have already explained that they are top floor apartments

n.

1. 1. An apartment or dwelling situated on the roof of a building.
   2. A residence, often with a terrace, on the top floor or floors of a building.
   3. A structure housing machinery on the roof of a building.
2. A shed or sloping roof attached to the side of a building or wall.
3. Sports. The sloping roof that rises from the inner wall to the outer wall surrounding three sides of the court in court tennis, off which the ball is served.

[Alteration of Middle English pentis, pentace, a shed attached to a wall of a building, from Anglo-Norman pentiz, penthouses, from Old French apentiz, penthouse, from apent, past participle of apendre, to belong, depend, from Medieval Latin appendere, from Latin, to hang, suspend. See append.]
WORD HISTORY The word penthouse goes back to Latin appendere, “to cause to be suspended.” In Medieval Latin appendere developed the sense “to belong, depend,” a sense that passed into apendre, the Old French development of appendere. From apent, the past participle of apendre, came the derivative apentiz, “low building behind or beside a house,” and the Anglo-Norman plural form pentiz. The form without the a– was then borrowed into Middle English, giving us pentis (first recorded about 1300), which was applied to sheds or lean-tos added on to buildings. Because these structures often had sloping roofs, the word was connected with the French word pente, “slope,” and the second part of the word changed by folk-etymology to house, which could mean simply “a building for human use.” The use of the term with reference to fancy apartments developed from its application to a structure built on a roof to cover such things as a stairway or an elevator shaft. Penthouse then came to mean an apartment built on a rooftop and finally the top floor of an apartment building.

dazco

misskool wrote: »

A bit OT but since when did flats become apartments?

I just presumed an apartment was an American word for a flat

MY interpretation (and I could be wrong, but I am not wrong about the definition of penthouse) is that if the flat has a door that opens straight to the outside it is a flat. If the door opens to an interior it is an apartment.

By "outside" I mean on to the street or a balcony leading to a street.

paulmx3

to be honest those prices dont suprise me at all,but remember if you do buy there you will have to learn to speak another language,and i dont mean eeee byeee ecky thump

that area is getting a very large influx of foriegn "workers" into it.

Conrad

Hey, I've just put in a cheeky offer of £80,000 on a 2 bed new build. It's the last on the site and was marketed for £125000. I happen to know a local EA there who I trust (he let one for me in the town a few years back) and he confirmed they originally sold for £150k.

He thinks I can resell for £110k. Iv'e offered on the basis its cash and I will literally comlpete tomorrow as I'm not fussed about legals apart from a rudimentary double check.
Ive been looking for 'the last on a site' for months as I find these tail enders can sometimes be had well under value.

Agents have resold these flats for £115k recently (the first were built over 2 years ago) to FTB that had remained at home so were able to save the required deposits.

If I cant resell, I can let it for £600 per month, but a £90 per month service charge applies. So after the charge the yield is still over 7%, not perfect but ok.

Anyway, lets see if the offer gets accepted.

EDIT 4.16pm - offer declined, tsk

brixham

PasturesNew wrote: »

Yeah,
Penthouse apartment = top floor flat

Years ago you couldn't give away the top floor flat.

OMG in that case I live in a Penthouse Apartment............How posh am I !

neverdespairgirl

caveman38 wrote: »

Would that be typical for Preston. I ask although I have no idea where Preston is, but am still interested in the market.

My Dad had to go to Preston for work on 23rd December. He was Not Happy.

neverdespairgirl

misskool wrote: »

A bit OT but since when did flats become apartments?

I just presumed an apartment was an American word for a flat

It's an estate agent / developer word for "flat".

amcluesent

>I ask although I have no idea where Preston is<

I understand there is a Preston North End, so it's most likely up t'north.

carolt

neverdespairgirl wrote: »

It's an estate agent / developer word for "flat".

Yeah, it's posher, innit?

dazco

neverdespairgirl wrote: »

My Dad had to go to Preston for work on 23rd December. He was Not Happy.

Thats right, the pantomime was still on. Was he dopey?

What does he do for work during the rest of the year?