New "Have a Look at This" thread

zagubov

Poster_586329 said:

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.

And this house doesn't seem to have the previous house's transparent bedroom wall so everybody going to the other bedroom can see in.

Patr100

Alias_Omega said:

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

And that bungalow posted earlier looks like it may have been a  temporary build or of "non traditional construction" which means you are unlikely to get a mortgage for it.

FreeBear

Poster_586329 said: 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."

From the same paragraph - "Offering over 1400 square feet of internal space with lots of character and flexibility for the live/worker."

Begs the question - How would it suit a dead worker ?

[Deleted User]

I'll admit I'm just aware of this one because I saw it on Mail Online! 

https://www.rightmove.co.uk/property-for-sale/property-73589986.html

But this one really proves the point that there's a maximum price for any kind of property that's determined by the location.  Unless of course the price includes a suitcase containing £1.5 million in unused banknotes!

I'm half-wondering if they're after £1m or less after all, and the ridiculous asking price is a sales ploy, on the basis that "There's no such thing as bad publicity!" and "Free publicity is good publicity!"

davidmcn

Poster_586329 said:

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.

and this other property as your main home nearby.

Though for some reason they haven't highlighted the fact that Platform 4 of Peckham Rye station is at the bottom of your garden.

[Deleted User]

FreeBear said:

Poster_586329 said: 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."

From the same paragraph - "Offering over 1400 square feet of internal space with lots of character and flexibility for the live/worker."

Begs the question - How would it suit a dead worker ?

It's not a bad property, it's just the price and the location and the intended use.   It would make a very nice commercial unit for a photographer / fashion agency - and looking at the ground floor, perhaps that's what it was before.   But, hip though Peckham may well be, I don't quite think it's prime enough for anyone to want to pay that kind of money for it!  And it doesn't look like a house to me.

FreeBear

Poster_586329 said:  But, hip though Peckham may well be, I don't quite think it's prime enough for anyone to want to pay that kind of money for it!  And it doesn't look like a house to me.

Since when has Peckham been "hip" or "trendy" - It has always been the haunt of Del Boy and the rest of the Trotter clan, and it will always remain so in my mind.

davidmcn

Poster_586329 said:

FreeBear said:

Poster_586329 said: 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."

From the same paragraph - "Offering over 1400 square feet of internal space with lots of character and flexibility for the live/worker."

Begs the question - How would it suit a dead worker ?

And it doesn't look like a house to me.

I'm sceptical about whether it even has planning consent to be used as a house (leaving aside minor points like you'd probably want a bathroom....).

zagubov

davidmcn said:

Poster_586329 said:

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.

and this other property as your main home nearby.

Though for some reason they haven't highlighted the fact that Platform 4 of Peckham Rye station is at the bottom of your garden.

That's handy! Put a lockable gate in the back fence and ask tfl if they'll fit an oyster reader next to it. Makes social distancing that bit easier when travelling.

But the gentrification of Peckham's anew one to me. Although, maybe the cachet of Dulwich is spreading out. Be honest, what they call a cottage in Peckham would be called a back-to-back in the north, and you don't pay top dollar for things like that.

[Deleted User]

FreeBear said:

Poster_586329 said:  But, hip though Peckham may well be, I don't quite think it's prime enough for anyone to want to pay that kind of money for it!  And it doesn't look like a house to me.

Since when has Peckham been "hip" or "trendy" - It has always been the haunt of Del Boy and the rest of the Trotter clan, and it will always remain so in my mind.

It's been very hip for at least 5 years!  Especially since this place opened up not so long ago... Though now sadly shuttered!

https://www.marketpeckham.com/