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Live Auction of Property in North West 1400 today

Pimperne1
Pimperne1 Posts: 2,177 Forumite
in Debate House Prices & the Economy
Someone elsewhere has gone to some trouble to post a link to a live auction. If you are bored at work this afternoon it could be interesting (but bear in mind that the North West is a property black spot and that Auctions are unrepresentative of the real market - in my view).

Order of Sale:

http://www.eigroup.co.uk/onlineauctions/lotpub.asp?a=17384&l=646290

Property Details:

http://www.auctionhouse.uk.net/manchester/Search-Results.aspx?AuctionID=467

Live Link:

http://www.eigroup.co.uk/onlineauctions/login.asp?AuctionID=17384&c=ahm
«134

Comments

  • silvercar
    silvercar Posts: 49,929 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Property is cheap up north!

    Houses for 10k!
    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.
  • heathcote123
    heathcote123 Posts: 1,133 Forumite
    Pimperne1 wrote: »
    Someone elsewhere has gone to some trouble to post a link to a live auction. If you are bored at work this afternoon it could be interesting (but bear in mind that the North West is a property black spot and that Auctions are unrepresentative of the real market - in my view).

    Order of Sale:

    http://www.eigroup.co.uk/onlineauctions/lotpub.asp?a=17384&l=646290

    Property Details:

    http://www.auctionhouse.uk.net/manchester/Search-Results.aspx?AuctionID=467

    Live Link:

    http://www.eigroup.co.uk/onlineauctions/login.asp?AuctionID=17384&c=ahm


    How come all the northerners moan about expensive houses?
  • GDB2222
    GDB2222 Posts: 26,480 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    What's wrong with lot 8? Anyone know the area?
    No reliance should be placed on the above! Absolutely none, do you hear?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    GDB2222 wrote: »
    What's wrong with lot 8? Anyone know the area?

    Borders on Glodick where the riots were, but not too far from Lees (the gateway to lovely Saddleworth), serves a couple of tough council estates and an OK private estate. It looks like a fairly run down area but with nice views of the Pennines.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • silvercar
    silvercar Posts: 49,929 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Lot 59 looks to be a semi converted to a studio flat, probably dodgy conversion, BUT guide price £10-20k with a 12 month AST commencing on completion. At £10k that gives a 30% yield.
    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.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    GDB2222 wrote: »
    What's wrong with lot 8? Anyone know the area?

    Apologies, I was describing lot 7, the hairdressers, not sure how that happened :)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Don't any of the 'Southerners' here want a holiday pad? :D
    C'mon, some bargains to be had up here.

    It seems that the properties all pop up in the usual places, Burnley, Oldham, Rochdale etc.

    Every area has its blackspots. It's not representative of all the NW by any means.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    kabayiri wrote: »
    Don't any of the 'Southerners' here want a holiday pad? :D
    C'mon, some bargains to be had up here.

    It seems that the properties all pop up in the usual places, Burnley, Oldham, Rochdale etc.

    Every area has its blackspots. It's not representative of all the NW by any means.

    Some lovely names as well, Ramsbottom:eek:actually it is quite a charming place near Bury:)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Are there any complications in signing up to view that auction? do you get pestered after?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Lot 44 looks to be in a nice area but only 1 bedroom.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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