New "Have a Look at This" thread

Alias_Omega

davidmcn said:

Oxon said:

Home sweet home. And an electrical fire waiting to happen

https://www.rightmove.co.uk/property-for-sale/property-71739364.html

Think you're more likely to die from tripping up on the cables before the fire starts.

Over priced?
https://www.essexlive.news/news/essex-news/life-englands-most-deprived-town-3365462

Patr100

davidmcn said:

Oxon said:

Home sweet home. And an electrical fire waiting to happen

https://www.rightmove.co.uk/property-for-sale/property-71739364.html

Think you're more likely to die from tripping up on the cables before the fire starts.

What a mess of cables . And the fridge/freezer in the bedroom.
Storage heater in the kitchen but obviously a lack of sockets . Needs rewiring.

numbercruncher8

Poster_586329 said:

I wonder what this nicely done-up but absolutely tiny cottage in Peckham is worth now.

It sold for £290k in 2013, and was listed for £635k on 9th March 2020.     

Do I hear £291k, anyone?

To be fair there are a decent amount of previous sales on that street.... there must be something going for it. Maybe proximity to the station. 
Probably have done as good as job as they can with that.
It'll be an interesting one. Next to Peckham station is quite grim, it may be gentrified one day, but going a tiny bit further out there are some really nice houses and areas, very un-London-like. You may never guess that something like Nunhead is Zone 2.
If it doesn't go soon I think any price cuts from the surrounding area will make it look poor value.....don't think its a stretch to say that there are places that offer more than double the space at the same price. 

Oxon

Housing of the future?

https://www.rightmove.co.uk/property-for-sale/property-78613831.html

zagubov

Living in London (although much further out than Peckham) I would expect that price to be a bit less by now.
But I'd expect it to be a great deal more than they bought it for.

[Deleted User]

zagubov said:

Living in London (although much further out than Peckham) I would expect that price to be a bit less by now.
But I'd expect it to be a great deal more than they bought it for.

Why?  What happened between 2013 and 2020 to make the house so much more valuable, that hasn't been undone in the past 6 weeks?   Or is it the value of the refurb?

Davesnave

Oxon said:

Housing of the future?

https://www.rightmove.co.uk/property-for-sale/property-78613831.html

I hope not, but there's always someone ready to capitalise on anything. Living in a container has been done already and the likelihood of it being permitted in the position illustrated is roughly zero.

FreeBear

Davesnave said:

Oxon said:

Housing of the future?

https://www.rightmove.co.uk/property-for-sale/property-78613831.html

I hope not, but there's always someone ready to capitalise on anything. Living in a container has been done already and the likelihood of it being permitted in the position illustrated is roughly zero.

Tiny or micro homes have been a "thing" for some years now. The popularity has increased a bit due to various programmes on TV about the subject. In the UK, most are classed as caravans and can be sited within the boundary of a property without planning permission in most areas. Covenants may forbid a caravan, but that is a separate issue to planning. To place one of these tiny homes on a greenfield or brownfield site may need planning consent, and there may well be conditions attached (perhaps limiting the length of stay).

If someone is happy to live in a shed on wheels, then go for it.

zagubov

Poster_586329 said:

zagubov said:

Living in London (although much further out than Peckham) I would expect that price to be a bit less by now.
But I'd expect it to be a great deal more than they bought it for.

Why?  What happened between 2013 and 2020 to make the house so much more valuable, that hasn't been undone in the past 6 weeks?   Or is it the value of the refurb?

In our area there was steady increase in prices at the start of that period but it levelled off and started to drift slowly downwards at least a year or more before lockdown.

And as others have said, even if London homes are tinier than in the rest of the UK, that can't be the best value for money you could find in that general area. 

Unless I'm missing something about that square that doesn't come across in the advert.

[Deleted User]

zagubov said:

Poster_586329 said:

zagubov said:

Living in London (although much further out than Peckham) I would expect that price to be a bit less by now.
But I'd expect it to be a great deal more than they bought it for.

Why?  What happened between 2013 and 2020 to make the house so much more valuable, that hasn't been undone in the past 6 weeks?   Or is it the value of the refurb?

In our area there was steady increase in prices at the start of that period but it levelled off and started to drift slowly downwards at least a year or more before lockdown.

And as others have said, even if London homes are tinier than in the rest of the UK, that can't be the best value for money you could find in that general area. 

Unless I'm missing something about that square that doesn't come across in the advert.

I don't much fancy this Peckham "mews house" for £1.3 million, either!

" A few stud walls and inspiration would turn this property into a stunning live / work home."

Quite nice to have it as your office, though, and this other property as your main home nearby.