Cheap flats in Cookstown?

chunter

A 2 bedroom flat in Cookstown today with a price tag of £435,000 has just been labelled SALE AGREED. I kid you not.

http://www.stanleybestestateagents.co.uk/newdevelopments_avail.aspx?ID=107

I thought April fool's Day was over.

leftieM

Maybe it's for the wealthy who already had a pied-a-terre in London, Paris and New York and wanted one in Cookstown .

This property market is just turning into the biggest speculative bubble. I think some houses are just going from investor to investor without real people getting a look-in. I've given up looking at house prices*. It's laughable.


(* Okay I lie. I haven't.)

DavidN83

I find the whole thing very depressing - I've just worked hard to get a degree for 4 years, and am working hard in my first postgrad job, and I sometimes think "what's the point" as I can't see me ever being able to afford even a tiny place of my own. I might as well have not done school/uni and just gone on benefits; then I would have got a free house!

leftieM

DavidN83 wrote: »

I might as well have not done school/uni and just gone on benefits; then I would have got a free house!

Lol who'd give you a free house?

DavidN83

Well, not given a house, but have my rent paid for me.

You know what I mean!

leftieM

You'd get a free room in a shared house. Not quite the same thing as a free house!

nadnad

oh my I must ring my mum - she rents out a two bed flat in cookstown - she was thinking it would be worth maybe £120k at a push.

thats ridiculous - did it come with its own detached house out the back? a villa in spain? a ferrari? no? the world has gone insane.

twinkle162

DavidN83 wrote: »

I find the whole thing very depressing - I've just worked hard to get a degree for 4 years, and am working hard in my first postgrad job, and I sometimes think "what's the point" as I can't see me ever being able to afford even a tiny place of my own. I might as well have not done school/uni and just gone on benefits; then I would have got a free house!

I will be in a similar position myself when I graduate - it's crazy!! Not sure what the best thing to do will be...

DavidN83

If it doesn't change within the next 3 years, I think I will just emigrate.

What's the point of living here when I can't afford something as basic as accomodation?