New "Have a Look at This" thread

GDB2222

BikingBud said:

How could any body resist this:
https://www.onthemarket.com/details/17885531/

It’s not a joke. People were scammed into buying these tiny plots of land in the middle of nowhere, as if they were building plots. I expect that at £5k the seller would not even be breaking even. 

silvercar

BikingBud said:

How could any body resist this:
https://www.onthemarket.com/details/17885531/

A few of those sort of plots listed near me. I don’t understand who is expected to buy them.

Patr100

BikingBud said:

How could any body resist this:
https://www.onthemarket.com/details/17885531/

"Arrange viewing"

I went the other day.
It was closed.

Liz1966

BikingBud said:

How could any body resist this:
https://www.onthemarket.com/details/17885531/

These are sometimes sold as an alternative to an allotment. Instead of renting, you own the property and have more freedom how you use it, don't have allotment inspections etc.
This could also be used for storage presumably and when you consider how much some people pay for storage units, this isn't that bad for value Perhaps a workshop if planning allows? Not such a bad investment if it is close to your home.

silvercar

Liz1966 said:

BikingBud said:

How could any body resist this:
https://www.onthemarket.com/details/17885531/

These are sometimes sold as an alternative to an allotment. Instead of renting, you own the property and have more freedom how you use it, don't have allotment inspections etc.
This could also be used for storage presumably and when you consider how much some people pay for storage units, this isn't that bad for value Perhaps a workshop if planning allows? Not such a bad investment if it is close to your home.

My understanding is that the plots aren't actually marked out on the ground. So you can't find it, you don't have access as it's in the middle of a field. I thought they were resales of larger plots of land, from people who bought hoping to get developer interest and now wanting to divest.

GDB2222

https://www.fca.org.uk/consumers/land-banking-investment-scams

The plot linked above is 0.03 of an acre. The land is agricultural land, worth say £10k an acre, so the plot is £300 worth of land. It would have been sold off to punters at anywhere from £5k to £20k a plot. 

I don’t know what has happened to the land since it’s been sold off in these individual plots. Can it even be used as a field now without the permission of all the owners? 

GDB2222

Liz1966 said:

BikingBud said:

How could any body resist this:
https://www.onthemarket.com/details/17885531/

These are sometimes sold as an alternative to an allotment. Instead of renting, you own the property and have more freedom how you use it, don't have allotment inspections etc.
This could also be used for storage presumably and when you consider how much some people pay for storage units, this isn't that bad for value Perhaps a workshop if planning allows? Not such a bad investment if it is close to your home.

Planning would not allow a workshop or storage? It's agricultural land, so I guess you could use it as an allotment, if you can find your land in the middle of the field, and assuming a local farmer hasn’t allowed his cattle to graze it. 

General_Grant

Patti27 said:

Ditzy_Mitzy said:

https://www.rightmove.co.uk/properties/167311526#/?channel=RES_BUY

Décor may not suit all tastes...

I quite like the blue bathroom suite.

It's been a while since I've seen carpet being taken up the side of a bath.

Yorkie1

Green_hopeful said:

Well … https://www.rightmove.co.uk/properties/165567539?utm_campaign=property-details&utm_content=buying&utm_medium=sharing&utm_source=copytoclipboard#/&channel=RES_BUY

The hatch doors between the kitchen and dining room in my parents' house are the same as those!

Yorkie1

BikingBud said:

How could any body resist this:
https://www.onthemarket.com/details/17885531/

Well the super fast BB is clearly only one irrestisble element!!