Looks like somethings underway with property investors

edgex

Some portfolios come up on Rightmove, must be having problems finding buyers. 3 aren't built yet.


Down £100k in 2 months to £1.8m, for 9 leasehold apartments
https://www.rightmove.co.uk/property-for-sale/property-81550523.html

Rental income of £101,700 per annum
Service charge - £5,200 pa for all 9 apartments
Ground Rent - £2,250 pa for all 9 apartments
Probably bought 2013


17 leasehold apartments, off-plan
https://www.rightmove.co.uk/property-for-sale/property-67222810.html

Service charge - £26,807.48 pa for all 17 apartments
Ground rent - £350pa per unit


Portfolio of 4 x 1 beds and 5 x 2 bed only £1,993,395
Completion Q1 2021
Been on since Feb
https://www.rightmove.co.uk/property-for-sale/property-79103282.html


Portfolio of 3 x 1 beds and 1 x 2 bed only £813,619
Completion Q1 2021
Been on since Feb
https://www.rightmove.co.uk/property-for-sale/property-79103144.html


Student accommodation, down £100k in less than a month
https://www.rightmove.co.uk/property-for-sale/property-82946264.html

RealElement47

It's brexit uncertainty on top of Deustcher bank FIFTY TRILLION derivative book imploding.

Plus the trade war with China, and the currency debasement race to debase.

Currency wars, trade wars civil unrest.

All pointing towards lower property and higher silver and gold prices

westernpromise

......yawn

AG47

Mass civil u rest spreading around the world, we hear about Paris yellow vest freedom fighters spreading to other parts of the world.

Then Hong Kong is shown in the news, it there are many other civil unrest movements around the world that are underreported.

All this does have an affect on financial markets and property markets.

If I was a property owner, which I am not, I would consider selling now while prices are still high.

The world scene is getting worse, we are long overdue a big down turn.

RelievedSheff

AG47 wrote: »

Mass civil u rest spreading around the world, we hear about Paris yellow vest freedom fighters spreading to other parts of the world.

Then Hong Kong is shown in the news, it there are many other civil unrest movements around the world that are underreported.

All this does have an affect on financial markets and property markets.

If I was a property owner, which I am not, I would consider selling now while prices are still high.

The world scene is getting worse, we are long overdue a big down turn.

And where do you suggest all of these property owners live once they have sold up?

phillw

AG47 wrote: »

If I was a property owner, which I am not, I would consider selling now while prices are still high.

Capital gains tax puts most people off selling.

westernpromise

AG47 wrote: »

Mass civil u rest spreading around the world, we hear about Paris yellow vest freedom fighters spreading to other parts of the world.

Then Hong Kong is shown in the news, it there are many other civil unrest movements around the world that are underreported.

Nothing better illustrates the monomania of the crashtroll than the insistence that everything's about house prices.