We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Live Auction of Property in North West 1400 today
Comments
-
I checked the legal docs, and there's a prohibition on sub-letting. So, most cash buyers would be investors, but they might have problems renting the property out.No reliance should be placed on the above! Absolutely none, do you hear?0
-
-
Are there any complications in signing up to view that auction? do you get pestered after?
Don't know but I take my hat off to this guy who is providing a running commentary:
http://www.housepricecrash.co.uk/forum/index.php?showtopic=1779180 -
Don't know but I take my hat off to this guy who is providing a running commentary:
http://www.housepricecrash.co.uk/forum/index.php?showtopic=177918
I think he is avin a larfAuction Result: Sold for £54,000
32 Domett street Blakely 57K in 2005, 100K at their 2007 peak behave
'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 Thatcher0 -
This one looks a bit of a bargain, not to bad a spot (viewing on Google Earth)Lot 20 ( Guide Price: £70,000 - £90,000 ) From: AuctionHouse Manchester Auction 2:00 PM, Thursday 26 April 2012
Type: Residential
Address: The Coach House, 15 Bispham Road Off Hoo Hill Lane, Blackpool, Lancashire, FY3 7HL
Catalogue: Auction Catalogue Link
The description from the AuctionHouse Manchester website is: Three bedroom detached house. Hallway, lounge, kitchen, utility & dining room to ground floor. First floor landing, bedroom one, en-suite, bedroom two, bedroom three & family bathroom. Externally there are gardens to the front side & rear with potential for development subject to planning permission. © AuctionHouse Manchester Auctions
Last Sold Price: No data found for this property - Click here to search
Auction Result: Sold for £66,000'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 Thatcher0 -
Timber-framed disaster development.
Major terminal issues with all flats.
Unmortgageable.
It's been on Homes From Hell or one of Dominic Littlewood's programmes.
Seems this auction is full of unmortgageable dross and the absolute runt of the litter repo stuff that can't sell through normal sales channels. (and 90% of repos do sell before they get to auction, so this lot must be awful)
Yet still getting surprisingly high prices.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
This one looks a bit of a bargain, not to bad a spot (viewing on Google Earth)
Last Sold Price: No data found for this property - Click here to search
Auction Result: Sold for £66,000
A quick browse of the legal pack suggests that the ownership of this property could be a minefield.
Access disputes.
Attachments/Charges on property.
Bankruptcy.
Restrictive Covenant.
There must be a serious issue with the Covenant and the dispute with the adjacent industrial estate, given the selling price.
Two new homes built on the main road frontage and attachments/charges from Firwood Timber, which suggests property development project gone wrong!
I suspect the development site is contaminated land with expensive remediation.
The adjacent railway line suggests Japanese Knotweed will be present.British Ex-pat in British Columbia!0 -
HAMISH_MCTAVISH wrote: »
Yet still getting surprisingly high prices.
Dunno if you noticed, but the one above didn't even reach it's guide price. What's "surprisingly high" about that?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards