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Online property auctions today
silvercar
Posts: 50,683 Ambassador
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.
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Got your eye on anything?0
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No, nothing in my area.
What is nearby is not nice.
I'm watching a maisonette in north london with a lease of only 28 years. Decent area but looks a tired property. Curious to see what return that would give as a rental yield.
(lot 81 in the first auction: http://www.eigroup.co.uk/ImageLib/LotPhotos/brn/20090210/81.pdf)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.0 -
With only 28 years on the lease remaining this could affect selling price. Would need to see lease to ascertain if any extension rights.0
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Someone has just paid over £30,000 for a plot of land less than quarter of an acre in Romsey Hampshire, with no planning permission!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.0
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Someone has just paid over £30,000 for a plot of land less than quarter of an acre in Romsey Hampshire, with no planning permission!
Last week on HUTH a lady paid £18k for a piece of land adjoining her cottage near Bodmin. When cleared up the value leapt to £50k. As added value to the property as gave off road parking and land.0 -
I saw that one. She said she wanted it because it was such beautiful woodland and she wanted to preserve it. When they came back after a few months she had cleared the area and concreted it over to create a car park :rotfl:Thrugelmir wrote: »Last week on HUTH a lady paid £18k for a piece of land adjoining her cottage near Bodmin. When cleared up the value leapt to £50k. As added value to the property as gave off road parking and land.poppy100 -
Lot67 just went for less than half the 2005 sale pricepoppy100
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lot 81 with the 28 year lease went for 106k, AST producing 6.6k = yield over 6%.
Lot 75 a flat in Bishops storford, sold for 200k in 2006 failed to reach reserve, unsold at 113k. A repo, so lenders must be choosing to hold rather than sell at any price.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.0 -
lot 91: 1 bed low rise council flat. in Washington NE.
bought (possibly RTB) for 7.5k in 2002
bought for 25k in 2004
repo'd sold today for 17.5k.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.0
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