OMG is this one overpriced!

Davesnave

I sold in Bath this year, so I know prices for family houses have dropped, particularly those like mine in a 'good' location, where you pay a premium for it. I would say about 15% off those, but the prices were ridiculous in the first place, mine included.

I'm talking about houses that are priced to sell and the sold price, not the asking. Across the road from me now is someone who's been on the market for two years at the same price!

Having been here yonks, I feel I've had the best from the city. Fed up being pushed off the pavement by tourist hordes and watching formerly good family neighbourhoods, like Oldfield Park, turn into student ghettos.

DW went to Jamie's. 'It was quite good value' was all I heard, but she wasn't the one paying!

Out,_Vile_Jelly

I've never quite been able to understand the pricing of studio flats. How can they possibly be equal or sometimes more than 1 beds? They serve a purpose, and suit a certain type of person (someone with much less stuff than me!) but I would expect to pay significantly less for living somewhere claustrophobic (I mean "cosy"), with vastly reduced storage and where you have to listen to the fridge chuntering to itself at night as it's only about a metre from your bed. Why would anyone actively choose to live there if they could get more for their money?

hostiegirl

QTpie, we also had to wait 25 mins for a table midweek at 2pm!. Does look empty from bar area but seats 200 people and goes right back on 2 levels!.
Worth it though pasta is homemade and lovely! and around £8 excellent value.
Davesnave agree about Oldfield Park area over run with students the BTL market there must be booming.

Davesnave

hostiegirl wrote: »

Davesnave agree about Oldfield Park area over run with students the BTL market there must be booming.

I am a hypocrite, mind.

As a student I lived in St Kilda's Road!!! We were the only ones then though, back in the early 70s. (Think 'The Young Ones'!):eek:

QTPie

hostiegirl wrote: »

QTpie, we also had to wait 25 mins for a table midweek at 2pm!. Does look empty from bar area but seats 200 people and goes right back on 2 levels!.
Worth it though pasta is homemade and lovely! and around £8 excellent value.
Davesnave agree about Oldfield Park area over run with students the BTL market there must be booming.

We will get there... difficult during a weekday lunch time when you have to get back tow rok, though... husband and I had just spent about 30 minutes with the letting agent signing tenancy agreements etc, so we sort of "ran out of time" that lunch time (had enough time to wait for a table, but not to eat the food ). Sushi was good - Yen Sushi - you can be in and out within 25/30 minutes if you want to (stufffed with sushi ).

Davesnave, which "Young One" were you?

QT

RLH33

I have just had another look at the selling details of that flat in Great Pulteney Street - they describe it as lower ground floor - WHAT?? - surely they mean basement, and the floor plans only show two windows in the WHOLE flat. Also why on earth has it got two toilets for a studio!! The office must be a bit oppressive, a bit like a dungeon, under the road and no windows.

I have been to Jamie's, the food is fab and not that expensive. We went there on a friday evening but a friend got there early and stood in the queue. Still had to wait about an hour though.

Been having a look on rightmove and there are some one bed flats on for £425 to £450k in Bath, alright they are in the Royal Crescent but they must be having a laugh. I don't know why anyone would want to live in their, you get tourists walking up and down all day, then the filming starts for some period drama and you can't get to your front door!!!

Wig

That 1 bed flat is just one room open plan, subdivided into living, bedroom, kitchen and dining areas, with a pokey shower room added on.

Ewwwwwwwww, who would want that for 300K? I wouldn't want it for more than 100K

Davesnave

QTPie wrote: »

).

Davesnave, which "Young One" were you?

QT

The boring one you never got to see, who did the washing up, fed the cats and studied! (Well, some of the time!);)

Strapped

bob79 wrote: »

Spotted the following studio apartment for sale in the local rag (as a new instruction) and thought I'd share my shock:
http://www.cobbfarr.co.uk/propertyDetails.php?pid=130686
295k for a 23 by 22 ft basement studio flat!

The same agent has just sold subject to contract the following two bed flat on the same street at the same price:
http://www.cobbfarr.co.uk/propertyDetails.php?pid=121099
and this two bed flat in a side street is for sale at the same price with the same agent:
http://www.cobbfarr.co.uk/propertyDetails.php?pid=117748

The vendors bought the studio flat in January 2007 for 179k.

Is this delusional or what?:rotfl:

Delusional, or possibly a typo? (£195k perhaps?)

bob79

Strapped wrote: »

Delusional, or possibly a typo? (£195k perhaps?)

That's what I thought as well, so I waited a week to post this. If it is a typo, then it hasn't been corrected in the at least a week and a half that it's been on the market now:p.

£195k is still overpriced by the way. £95k would be closer:cool:, since such a flat would only have a rent of 500 a month or so, using the landlord rule of thumb of 10% gross yield would make £60k the price.