New "Have a Look at This" thread

mi-key

TBagpuss said:

mi-key said:

Emily_Joy said:

If you ever wanted a place where Charles I and Jane Austin used to stay... https://www.onthemarket.com/details/12731336/#/photos/1

I always think its a shame when stately homes get converted into flats. It would be quite cool to live there and pretend you were a Lord or 70s rock star though !

Yes, although I guess the options as to how to maintain them are limited -originally you'd have had lots of servants and guests living there so flats may be closer to how it would have been, in terms of the numbers living there and the community it supports than a lot of other possible uses! 

True, and the inheritance tax tends to be so high on them that anyone inheriting one can't afford to keep them maintained or do repairs so they get sold off to property developers

kerri_gt

silvercar said:

in_my_wellies said:

SadieO said:

The word "unmodernised" is doing a lot of work here! I am sure this does have fantastic potential and could be absolutely gorgeous. And of course you are paying for location. But at 2.5M to buy and heaven knows how much to renovate, you'll need deep pockets!

Of course we don't know circumstances but it's sad to think the relatives who inherit the 2.5m let their relative live like that. 

Quite probably, rich relative has been living in luxury elsewhere for a long time. The property would have been left empty and unloved for many years because there was no need to sell it and the cost and hassle of renovation was not worth the money. Particularly for an asset in that location where the valuation would only go one way - as the price tag has shown. There is also the argument that who ever buys will totally refurbish anyway.

It may have even been used as a lodging house in the 70's perhaps - very early rental investment

silvercar

mi-key said:

TBagpuss said:

mi-key said:

Emily_Joy said:

If you ever wanted a place where Charles I and Jane Austin used to stay... https://www.onthemarket.com/details/12731336/#/photos/1

I always think its a shame when stately homes get converted into flats. It would be quite cool to live there and pretend you were a Lord or 70s rock star though !

Yes, although I guess the options as to how to maintain them are limited -originally you'd have had lots of servants and guests living there so flats may be closer to how it would have been, in terms of the numbers living there and the community it supports than a lot of other possible uses! 

True, and the inheritance tax tends to be so high on them that anyone inheriting one can't afford to keep them maintained or do repairs so they get sold off to property developers

On a 2.5m property, without a lot of cash elsewhere the property will need to be sold to pay the inheritance tax due.

[Deleted User]

mi-key said:

SadieO said:

The word "unmodernised" is doing a lot of work here! I am sure this does have fantastic potential and could be absolutely gorgeous. And of course you are paying for location. But at 2.5M to buy and heaven knows how much to renovate, you'll need deep pockets!

Or you could buy this on the same road https://www.rightmove.co.uk/properties/128500280#/?channel=RES_BUY for  £400K more.

Looking at the £2.5 million one ( which is a terrace, not a semi ) I am guessing at least £350K+ to gut it and modernise it to the standard a buyer would expect, so I think they may be pushing it a bit. 

It is mad though that terrace houses are worth that much, it has a tiny garden, on street parking and it's not exactly huge. I know its Little Venice, which is mega expensive, but even so !

For £2.5 million I would want a country house with the nearest neighbours at least a mile away. It does make you wonder who buys these places

It will be gutted and turned into multiple flats, rental income... BTL is a huge problem in places like that.

SadieO

[Deleted User] said:

mi-key said:

SadieO said:

The word "unmodernised" is doing a lot of work here! I am sure this does have fantastic potential and could be absolutely gorgeous. And of course you are paying for location. But at 2.5M to buy and heaven knows how much to renovate, you'll need deep pockets!

Or you could buy this on the same road https://www.rightmove.co.uk/properties/128500280#/?channel=RES_BUY for  £400K more.

Looking at the £2.5 million one ( which is a terrace, not a semi ) I am guessing at least £350K+ to gut it and modernise it to the standard a buyer would expect, so I think they may be pushing it a bit. 

It is mad though that terrace houses are worth that much, it has a tiny garden, on street parking and it's not exactly huge. I know its Little Venice, which is mega expensive, but even so !

For £2.5 million I would want a country house with the nearest neighbours at least a mile away. It does make you wonder who buys these places

It will be gutted and turned into multiple flats, rental income... BTL is a huge problem in places like that.

Yup, having a WC on every floor and already two kitchens it is rife to be split into flats (sadly). 

lincroft1710

Emily_Joy said:

If you ever wanted a place where Charles I and Jane Austin used to stay... https://www.onthemarket.com/details/12731336/#/photos/1

But not at the same time!

joho

Spot the owners (the cats) and a very strange table lamp.

Photos of Llain Y Felin, Rhosbodrual, Caernarfon, Gwynedd LL55 - 64017960 | PrimeLocation

Skiddaw1

joho said:

Spot the owners (the cats) and a very strange table lamp.

Photos of Llain Y Felin, Rhosbodrual, Caernarfon, Gwynedd LL55 - 64017960 | PrimeLocation

I'll gladly purchase the cats but I draw the line at the lamp!

joho

Huge, open plan hallway that must be like an icebox in winter! The floorplans don't match the pictures as it's been refurbished.

Marine Parade, Dawlish EX7, 3 bedroom terraced house for sale - 64022746 | PrimeLocation

I think this is quite lovely, though some of the decor is dark for me.

Brownlow Avenue, Royton OL2, 3 bedroom end terrace house for sale - 64022721 | PrimeLocation

Bonniepurple

SadieO said:

in_my_wellies said:

SadieO said:

The word "unmodernised" is doing a lot of work here! I am sure this does have fantastic potential and could be absolutely gorgeous. And of course you are paying for location. But at 2.5M to buy and heaven knows how much to renovate, you'll need deep pockets!

Of course we don't know circumstances but it's sad to think the relatives who inherit the 2.5m let their relative live like that. 

Absolutely. I hate it when you see listings of houses that are absolutely dilapidated and full of hoarded junk plus evidence that someone is still living there (or was until recently). So sad. 

I wonder (and hope) if that particular house has just been abandoned for a long time and for whatever reason is only now getting round to being sold, rather than it being that someone has lived there recently in its current state..? 

Speaking as someone who has just inherited a run down house in need of considerable work to get it sorted, we tried.  In the end, my father didn’t want to move from his home, and I had to respect that.  Towards the end, he was accepting help (which showed how ill he was feeling).  It’s very, very easy for someone who is just about coping to slip into not coping, and not recognise it or accept help.