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  • RHemmings
    RHemmings Posts: 4,894 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 16 May 2024 at 5:18PM
    Patr100 said:
    Patr100 said:
    joho said:
    How on earth is a shed in a scrapyard worth more than my house?

    I'll keep my flat cap thanks.
    Not even full price - Share of freehold, Doesn't say what share.
    Hard to compare exactly but  many terraced houses are over a million for the postcode,

    Share of freehold is quite good for London as it usually means that all the "houses" own the land they're built on and you're not paying ground rent to someone else and you get a good long lease. 

    So the price gets you the full house and effectively the land too. You do have to pay service charges though 

    I don't think it's that bad as you are actually getting a little house and outdoor space instead of an apartment with noise from all sides, or a lower ground floor with a small garden that people living above toss their cigarette butts into

    Impossible for anyone with mobility issues having a ladder to the front door and ladders to other areas. Meets housing density targets I guess.

    London is relatively cheap these days due to so many people with money leaving and very little investment money from far east and southern Europe.

    Maybe it's a good opportunity.
    Completely enclosed by high st shops and other houses/gardens. I can't even see how you access them. Via the back door of  Costa Coffee?
    For less than the asking price , you could get a full freehold terraced house on an actual street in other areas of London or even locally probably.
    Seems a bad choice and poor value. Good luck with reselling on.


    That aerial view really doesn't look good. It is off-putting indeed. The only way I can see in from the map is from Buckingham mews down the bottom of the map picture below. 



    But, I can't see any way through from there on Google maps satellite view. If no-one has found the solution before I'm back from giving blood, I'm going to 'walk' around on Google Streetview and see if I can find anything. 


  • in_my_wellies
    in_my_wellies Posts: 1,682 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    RHemmings said:
    Patr100 said:
    Patr100 said:
    joho said:
    How on earth is a shed in a scrapyard worth more than my house?

    I'll keep my flat cap thanks.
    Not even full price - Share of freehold, Doesn't say what share.
    Hard to compare exactly but  many terraced houses are over a million for the postcode,

    Share of freehold is quite good for London as it usually means that all the "houses" own the land they're built on and you're not paying ground rent to someone else and you get a good long lease. 

    So the price gets you the full house and effectively the land too. You do have to pay service charges though 

    I don't think it's that bad as you are actually getting a little house and outdoor space instead of an apartment with noise from all sides, or a lower ground floor with a small garden that people living above toss their cigarette butts into

    Impossible for anyone with mobility issues having a ladder to the front door and ladders to other areas. Meets housing density targets I guess.

    London is relatively cheap these days due to so many people with money leaving and very little investment money from far east and southern Europe.

    Maybe it's a good opportunity.
    Completely enclosed by high st shops and other houses/gardens. I can't even see how you access them. Via the back door of  Costa Coffee?
    For less than the asking price , you could get a full freehold terraced house on an actual street in other areas of London or even locally probably.
    Seems a bad choice and poor value. Good luck with reselling on.


    That aerial view really doesn't look good. It is off-putting indeed. The only way I can see in from the map is from Buckingham mews down the bottom of the map picture below. 



    But, I can't see any way through from there on Google maps satellite view. If no-one has found the solution before I'm back from giving blood, I'm going to 'walk' around on Google Streetview and see if I can find anything. 


    Parcel deliveries could be tricky 
    Love living in a village in the country side
  • BarelySentientAI
    BarelySentientAI Posts: 2,448 Forumite
    1,000 Posts Name Dropper
    edited 16 May 2024 at 6:15PM
    Through the door between "Smart Internet Shop" and "Carwa Bandir" perhaps?  Or the gate next to Paddy Power?

    Looking at the satellite, I'm guessing the first.  Goes underneath 114 and 114A.
  • RHemmings
    RHemmings Posts: 4,894 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    RHemmings said:
    Patr100 said:
    Patr100 said:
    joho said:
    How on earth is a shed in a scrapyard worth more than my house?

    I'll keep my flat cap thanks.
    Not even full price - Share of freehold, Doesn't say what share.
    Hard to compare exactly but  many terraced houses are over a million for the postcode,

    Share of freehold is quite good for London as it usually means that all the "houses" own the land they're built on and you're not paying ground rent to someone else and you get a good long lease. 

    So the price gets you the full house and effectively the land too. You do have to pay service charges though 

    I don't think it's that bad as you are actually getting a little house and outdoor space instead of an apartment with noise from all sides, or a lower ground floor with a small garden that people living above toss their cigarette butts into

    Impossible for anyone with mobility issues having a ladder to the front door and ladders to other areas. Meets housing density targets I guess.

    London is relatively cheap these days due to so many people with money leaving and very little investment money from far east and southern Europe.

    Maybe it's a good opportunity.
    Completely enclosed by high st shops and other houses/gardens. I can't even see how you access them. Via the back door of  Costa Coffee?
    For less than the asking price , you could get a full freehold terraced house on an actual street in other areas of London or even locally probably.
    Seems a bad choice and poor value. Good luck with reselling on.


    That aerial view really doesn't look good. It is off-putting indeed. The only way I can see in from the map is from Buckingham mews down the bottom of the map picture below. 



    But, I can't see any way through from there on Google maps satellite view. If no-one has found the solution before I'm back from giving blood, I'm going to 'walk' around on Google Streetview and see if I can find anything. 


    Parcel deliveries could be tricky 
    Let alone getting a grand piano delivered.
  • Silvertabby
    Silvertabby Posts: 10,144 Forumite
    10,000 Posts Eighth Anniversary Name Dropper Photogenic
    joho said:
    They look like glorified sheds !
  • Ocelot
    Ocelot Posts: 627 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    RHemmings said:
    joho said:
    My eyebrows went up a bit when I saw this as I'm having discussions with my son. I offered to buy him a house, but he wants one in London. Probably not going to work out. But, 'shoebox' caught my eye.

    Following your link, I couldn't see the property in the description, but found a list of properties. Including this one:

    https://www.primelocation.com/for-sale/details/65169658

    Still above what I can justify buying, and way more expensive than my entire house here in Leicester. But, just curious about its layout. Surely there's no way that Bedroom 2 is those dimensions. Even if the floorplan is 'not to scale'. 


    That's the first time I've seen a floorplan just in meters. How would anyone be able to figure out the real size?
  • silvercar
    silvercar Posts: 49,577 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Ocelot said:
    RHemmings said:
    joho said:
    My eyebrows went up a bit when I saw this as I'm having discussions with my son. I offered to buy him a house, but he wants one in London. Probably not going to work out. But, 'shoebox' caught my eye.

    Following your link, I couldn't see the property in the description, but found a list of properties. Including this one:

    https://www.primelocation.com/for-sale/details/65169658

    Still above what I can justify buying, and way more expensive than my entire house here in Leicester. But, just curious about its layout. Surely there's no way that Bedroom 2 is those dimensions. Even if the floorplan is 'not to scale'. 


    That's the first time I've seen a floorplan just in meters. How would anyone be able to figure out the real size?
    With a calculator? Bedroom 2 is 11 foot 4 inches x 6 foot 1 inch. Bedroom 1 is 11 foot x 8 foot 11 inches.
    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.
  • RHemmings
    RHemmings Posts: 4,894 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    silvercar said:
    Ocelot said:
    RHemmings said:
    joho said:
    My eyebrows went up a bit when I saw this as I'm having discussions with my son. I offered to buy him a house, but he wants one in London. Probably not going to work out. But, 'shoebox' caught my eye.

    Following your link, I couldn't see the property in the description, but found a list of properties. Including this one:

    https://www.primelocation.com/for-sale/details/65169658

    Still above what I can justify buying, and way more expensive than my entire house here in Leicester. But, just curious about its layout. Surely there's no way that Bedroom 2 is those dimensions. Even if the floorplan is 'not to scale'. 


    That's the first time I've seen a floorplan just in meters. How would anyone be able to figure out the real size?
    With a calculator? Bedroom 2 is 11 foot 4 inches x 6 foot 1 inch. Bedroom 1 is 11 foot x 8 foot 11 inches.
    I'm not sure that Bedroom 2 is that size. Looking at the photos too. 
  • Frogletina
    Frogletina Posts: 3,914 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 17 May 2024 at 12:35AM
    Patr100 said:
    Through the door between "Smart Internet Shop" and "Carwa Bandir" perhaps?  Or the gate next to Paddy Power?

    Looking at the satellite, I'm guessing the first.  Goes underneath 114 and 114A.
    yes, Highwood Court  through this black portal on the high St. Looks grim. "Secluded"  but grim.


    Development process

    Acquired in 2005, the site posed a range of planning and logistical challenges. Being bordered by 26 separate owners, Party Wall and neighbour issues had to be approached sensitively.

    Construction access was complex due to the compact nature of the site which was reachable only through a narrow alleyway.

    Layout and massing

    The scheme is accessed via a narrow passage from the high street.

      -----------------------------------------------------------------------------------------

    An example of the profit made on one of the houses - one would never realise that while walking past that entrance

    3, Highwood Court, 112a, High Street, London, Greater London NW10 4SL

    Flat
    £545,00016 Dec 2016Leasehold
    £332,5006 Sep 2013(New Build)Leasehold
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first
    SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅
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