What’s wrong with this property

ReadySteadyPop

Herzlos said:

bouicca21 said:

Lucky_Duck_2 said:

The practical problem is that three days is usually the break even point for a season ticket so ignoring the buggeration of travelling in there isn’t likely to be a cost saving

Some train companies do a sort of part time season ticket - I think Thameslink do. Besides I could commute to central London for nowt by bike from where I live in zone 4, easy peasy from zone 2.

Some do multi-journey tickets too, though they never seem to advertise them well

Ybe said:

These are all great comments. Things I’ve not noticed. Any similar comments on the below ones? 

https://www.rightmove.co.uk/properties/156910880

The outside of that building is seriously ugly, but it's the best layout you've shared so far and with 2 bedrooms the most versatile. Dedicated parking is a massive bonus too. 

More importantly, what do *you* think of these places? You're the one that's going to have to live there, not us. 

Wouldn`t justify the aspirational asking price though, loads of people in cities don`t drive.

Herzlos

Going by the cars *everywhere* on street view, I suspect a lot of people do drive. Even if you don't drive or have a car, you could always rent out the parking space to someone else or use it for visitors. It's definitely a big plus anyway. 

As for the price being aspirational; it's higher than I'd pay, but I don't want to live in London. Time will tell what it sells for but I'm pretty sure the market isn't about to crash this time. 

GDB2222

Ybe said:

GDB2222 said:

Ybe said:

These are all great comments. Things I’ve not noticed. Any similar comments on the below ones? 

https://www.rightmove.co.uk/properties/156910880

https://www.rightmove.co.uk/properties/160283273

How many of these flats have you been to view? 

None of them 

Why not? Surely, you'd get a better idea by looking at properties yourself than asking a load of strangers on the www? 

Also, people here are happy enough to help, but they may start to lose patience if you ask the same questions repeatedly, whilst doing no on the spot research yourself.

Herzlos

Ybe said:

GDB2222 said:

Ybe said:

These are all great comments. Things I’ve not noticed. Any similar comments on the below ones? 

https://www.rightmove.co.uk/properties/156910880

https://www.rightmove.co.uk/properties/160283273

How many of these flats have you been to view? 

None of them 

I don't entirely understand what you're asking here and in the other threads. You post a link to a few flats and ask opinions but don't seem to really engage or comment on them, and haven't looked at any.  What are you looking for us to do?

Section62

user1977 said:

Herzlos said:

Ybe said:

These are all great comments. Things I’ve not noticed. Any similar comments on the below ones? 

https://www.rightmove.co.uk/properties/156910880

The outside of that building is seriously ugly, but it's the best layout you've shared so far and with 2 bedrooms the most versatile.

The block has the air of social housing though (with potential downsides if the social landlord is the freeholder). Also looks like it might tick the "deck access" box which some lenders don't like.

Fairly sure it is private, there's a fair number of similar apartment blocks in the area.  I think someone was going for the brutalist look in red brick here.

The street was previously developed with fairly substantial detached houses - I suspect this plot may have been a WW2 bomb site, but can't get the London bomb map to work at the minute.

ReadySteadyPop

GDB2222 said:

Ybe said:

GDB2222 said:

Ybe said:

These are all great comments. Things I’ve not noticed. Any similar comments on the below ones? 

https://www.rightmove.co.uk/properties/156910880

https://www.rightmove.co.uk/properties/160283273

How many of these flats have you been to view? 

None of them 

Why not? Surely, you'd get a better idea by looking at properties yourself than asking a load of strangers on the www? 

Also, people here are happy enough to help, but they may start to lose patience if you ask the same questions repeatedly, whilst doing no on the spot research yourself.

The thread seems popular enough? Getting different viewpoints is good, did the people who overpaid for these flats get different viewpoints before diving in, not sure if they did?

Section62

ReadySteadyPop said:

Herzlos said:

bouicca21 said:

Lucky_Duck_2 said:

The practical problem is that three days is usually the break even point for a season ticket so ignoring the buggeration of travelling in there isn’t likely to be a cost saving

Some train companies do a sort of part time season ticket - I think Thameslink do. Besides I could commute to central London for nowt by bike from where I live in zone 4, easy peasy from zone 2.

Some do multi-journey tickets too, though they never seem to advertise them well

Ybe said:

These are all great comments. Things I’ve not noticed. Any similar comments on the below ones? 

https://www.rightmove.co.uk/properties/156910880

The outside of that building is seriously ugly, but it's the best layout you've shared so far and with 2 bedrooms the most versatile. Dedicated parking is a massive bonus too. 

More importantly, what do *you* think of these places? You're the one that's going to have to live there, not us. 

Wouldn`t justify the aspirational asking price though, loads of people in cities don`t drive.

There's 'London' and there's 'London'.  If you were talking about inner or central London you'd have a valid point.  But the areas the OP is looking at - in outer London - are very mixed.

In Barnet only about a third of homes don't have access to a car.  The overall average car ownership is 0.94 cars per household, so the car-owning households have an average of about 1.5 cars.

There's a demand for homes with off-street parking.

BikingBud

Ybe said:

The issue I have with some 1 beds in the area selling for 400k+ is that, Taylor Wimpey are selling a new build starting 380k in the area. I wonder why. 

https://www.taylorwimpey.co.uk/new-homes/north-finchley/the-tramworks?beds=undefined-bed

But they're EXCLUSIVE:

Welcome to The Tramworks, an exclusive collection of apartments in Finchley

And they:

Support the Mayor
"Paresh Pandya, Senior Sales Manager for Taylor Wimpey North Thames, said: “We were delighted to support the Mayor of Barnet Tony Vourou Charity Gala Dinner. At Taylor Wimpey, we believe in investing in the communities where we operate, and initiatives like this enable us to make a meaningful impact. We want to thank the mayor for inviting us and for allowing us to attend such a special evening.” 🧐

the-tramworks

ReadySteadyPop

Section62 said:

ReadySteadyPop said:

Herzlos said:

bouicca21 said:

Lucky_Duck_2 said:

The practical problem is that three days is usually the break even point for a season ticket so ignoring the buggeration of travelling in there isn’t likely to be a cost saving

Some train companies do a sort of part time season ticket - I think Thameslink do. Besides I could commute to central London for nowt by bike from where I live in zone 4, easy peasy from zone 2.

Some do multi-journey tickets too, though they never seem to advertise them well

Ybe said:

These are all great comments. Things I’ve not noticed. Any similar comments on the below ones? 

https://www.rightmove.co.uk/properties/156910880

The outside of that building is seriously ugly, but it's the best layout you've shared so far and with 2 bedrooms the most versatile. Dedicated parking is a massive bonus too. 

More importantly, what do *you* think of these places? You're the one that's going to have to live there, not us. 

Wouldn`t justify the aspirational asking price though, loads of people in cities don`t drive.

There's 'London' and there's 'London'.  If you were talking about inner or central London you'd have a valid point.  But the areas the OP is looking at - in outer London - are very mixed.

In Barnet only about a third of homes don't have access to a car.  The overall average car ownership is 0.94 cars per household, so the car-owning households have an average of about 1.5 cars.

There's a demand for homes with off-street parking.

Fair point, but the demand isn`t there at original asking price in outer London either, the flat with "secure underground parking" has dropped their asking price by 50k. many people run around in cars on monthly payments these days, doesn`t mean they will be given a mortgage for someone`s aspirational asking price, parking or no parking?

Jaybee_16

Section62 said:

Fairly sure it is private, there's a fair number of similar apartment blocks in the area.  I think someone was going for the brutalist look in red brick here.

The street was previously developed with fairly substantial detached houses - I suspect this plot may have been a WW2 bomb site, but can't get the London bomb map to work at the minute.

Looks to me like the old Homebase site. Before that it was Finchley bus garage