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Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.What is This? (Feature in auction property)
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RHemmings
Posts: 3,467 Forumite
What actually is this thing? This is a genuine question - I don't know what this is.
https://www.bondwolfe.com/auctions/properties/238078-property-auction-willenhall/
https://www.bondwolfe.com/auctions/properties/238078-property-auction-willenhall/
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Comments
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It's quite clearly a worm hole to another dimension.5
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Could it be an inspection pit for someone who likes renovating old cars?1
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sheep dip?#2 Saving for Christmas 2024 - £1 a day challenge. £131 of £3663
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What is going on that the guide price is £20,000 plus?If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales2
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As there is some pipework, I'm wondering if there was once a hot tub or something in there and the vendors have taken it with them.2
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Thanks for the ideas everyone.lincroft1710 said:What is going on that the guide price is £20,000 plus?1
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Surely it can only be a fish pond, but for breeding fish, not really for looking at them?Still, quite a bit of effort put in to the design and build. Weird.Are you going for it, Hemmings?1
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ThisIsWeird said:Surely it can only be a fish pond, but for breeding fish, not really for looking at them?Still, quite a bit of effort put in to the design and build. Weird.Are you going for it, Hemmings?
I'm not serious about buying that property. I'm generally curious about traditional auctions. However, I'm not sure about that auction house. It seems that you have to transfer money to the auction house equal to their fees and 10% of your maximum bid ahead of time. And, if you don't win (including not bidding) then they say it takes some time for them to return the money to you. I find that all off-putting. And, I will only get serious about buying a property again if my son decides to accept my offer to buy him a small property and gift it to him.
I started looking at this auction house because I'm curious about this property:
https://www.bondwolfe.com/auctions/properties/237801-property-auction-leicester/
which is near where I live. It's guide price is £59k. I predict it will sell for £165k. And, I'm very confident that my prediction will turn out to be much more accurate than the guide price.1 -
Sounds like modern auction. There are many posts on this forum discussing modern auction, rather negative.
£216 saved 24 October 20141
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