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What’s wrong with this property
Comments
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What’s likely to be the true value of these 1 bed flats at the Tramworks ? Given that they are selling from £380k.BikingBud said:
But they're EXCLUSIVE: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.Welcome to The Tramworks, an exclusive collection of apartments in FinchleyAnd 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-tramworks0 -
No-one knows, don't worry about it. Do you want to live in it now?0
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Overpriced. No one wants to live in London. One bed. Awful layout. Stupidly expensive. Need I go on?0
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Overpriced relative to what? No one wants to live in London?freesha said:Overpriced. No one wants to live in London. One bed. Awful layout. Stupidly expensive. Need I go on?
Clearly you meant to say you don't want to live there, approaching 9 million people seem to hold a different view.
There remains highly desirable pockets of London where I bed flats are selling at eye-wateringly high prices and readily find buyers, albeit foreign in many cases.
Just a quick look at the range of 1 beds selling in South Kensington ( as an example) provides a degree of perspective and illustrates the vast disparities in the London property market -
https://www.rightmove.co.uk/property-for-sale/South-Kensington/1-bed-flats.html0 -
You really need to go and view these properties and others. What you see online and what you see in real life can be very different. Viewing properties allows you to assess the local area, the sounds, the smells etc.. Rightmove and Streetview are great but nothing beats experiencung the property in real life. And doing viewings allows you to prioritise. Earlier this year I bought a 100-year old terraced house. When I started the process I thought I wanted a flat, but multiple viewings allowed me to reassess what I thought my priorities were. Asking strangers on the internet what’s wrong with a property may be helpful in noting things you hadn’t thought of, but really is of limited value.Ybe said:0 -
Good advice, but the reality for a lot of people now is that they can`t afford to borrow the amounts needed to bail people out of past bad decisions where they overpaid for very standard and un-inspiring flats.Tabieth said:
You really need to go and view these properties and others. What you see online and what you see in real life can be very different. Viewing properties allows you to assess the local area, the sounds, the smells etc.. Rightmove and Streetview are great but nothing beats experiencung the property in real life. And doing viewings allows you to prioritise. Earlier this year I bought a 100-year old terraced house. When I started the process I thought I wanted a flat, but multiple viewings allowed me to reassess what I thought my priorities were. Asking strangers on the internet what’s wrong with a property may be helpful in noting things you hadn’t thought of, but really is of limited value.Ybe said:0 -
This is what I’m worried about. The decision I make now could impact me in 10-15 years or more time.ReadySteadyPop said:
Good advice, but the reality for a lot of people now is that they can`t afford to borrow the amounts needed to bail people out of past bad decisions where they overpaid for very standard and un-inspiring flats.Tabieth said:
You really need to go and view these properties and others. What you see online and what you see in real life can be very different. Viewing properties allows you to assess the local area, the sounds, the smells etc.. Rightmove and Streetview are great but nothing beats experiencung the property in real life. And doing viewings allows you to prioritise. Earlier this year I bought a 100-year old terraced house. When I started the process I thought I wanted a flat, but multiple viewings allowed me to reassess what I thought my priorities were. Asking strangers on the internet what’s wrong with a property may be helpful in noting things you hadn’t thought of, but really is of limited value.Ybe said:Below is another one I looked at.0 -
If you’re anxious about making a decision that you’ll regret in 10 to 15 years time then perhaps home ownership is not for you? Many people remain in rental long term and are happy to do soYbe said:
This is what I’m worried about. The decision I make now could impact me in 10-15 years or more time.ReadySteadyPop said:
Good advice, but the reality for a lot of people now is that they can`t afford to borrow the amounts needed to bail people out of past bad decisions where they overpaid for very standard and un-inspiring flats.Tabieth said:
You really need to go and view these properties and others. What you see online and what you see in real life can be very different. Viewing properties allows you to assess the local area, the sounds, the smells etc.. Rightmove and Streetview are great but nothing beats experiencung the property in real life. And doing viewings allows you to prioritise. Earlier this year I bought a 100-year old terraced house. When I started the process I thought I wanted a flat, but multiple viewings allowed me to reassess what I thought my priorities were. Asking strangers on the internet what’s wrong with a property may be helpful in noting things you hadn’t thought of, but really is of limited value.Ybe said:Below is another one I looked at.Gather ye rosebuds while ye may0 -
The decisions you make now will impact you in 10-15 years. That’s true if you buy or if you rent. And no-one has a crystal ball or can see the future. But right now mortgages are significantly cheaper than rents and, with a mortgage, you end up owning the property. With private rentals you’re paying someone else’s mortgage, have little security, and you’re limited as to what you can do to it. I’ve just bought again after renting for too long and the relief is huge. The thought of renting into retirement is a terrifying one! (And my mortgage is significantly cheaper than my rent was).Ybe said:
This is what I’m worried about. The decision I make now could impact me in 10-15 years or more time.ReadySteadyPop said:
Good advice, but the reality for a lot of people now is that they can`t afford to borrow the amounts needed to bail people out of past bad decisions where they overpaid for very standard and un-inspiring flats.Tabieth said:
You really need to go and view these properties and others. What you see online and what you see in real life can be very different. Viewing properties allows you to assess the local area, the sounds, the smells etc.. Rightmove and Streetview are great but nothing beats experiencung the property in real life. And doing viewings allows you to prioritise. Earlier this year I bought a 100-year old terraced house. When I started the process I thought I wanted a flat, but multiple viewings allowed me to reassess what I thought my priorities were. Asking strangers on the internet what’s wrong with a property may be helpful in noting things you hadn’t thought of, but really is of limited value.Ybe said:Below is another one I looked at.Work out what you can comfortably afford, now and in the next few years. Write a list of “essential” and “desirables” that any property you live in had to have. And go and see properties. Lots of properties. Go and see things outside your comfort zone. See houses as well as flats (houses hold their value much more). Try different areas. Try and work out what your needs will be in 2 years, 5 years, 10 years. See loads and you’ll start to learn what matters to you.Yes it is scary and it’s a big decision. But not taking action is another decision and one that may not be the best for you. Good luck!3 -
Thanks. This is good advice. My parents said something similar in that continuing to rent is a decision in itself which also has consequences further down the line.Tabieth said:
The decisions you make now will impact you in 10-15 years. That’s true if you buy or if you rent. And no-one has a crystal ball or can see the future. But right now mortgages are significantly cheaper than rents and, with a mortgage, you end up owning the property. With private rentals you’re paying someone else’s mortgage, have little security, and you’re limited as to what you can do to it. I’ve just bought again after renting for too long and the relief is huge. The thought of renting into retirement is a terrifying one! (And my mortgage is significantly cheaper than my rent was).Ybe said:
This is what I’m worried about. The decision I make now could impact me in 10-15 years or more time.ReadySteadyPop said:
Good advice, but the reality for a lot of people now is that they can`t afford to borrow the amounts needed to bail people out of past bad decisions where they overpaid for very standard and un-inspiring flats.Tabieth said:
You really need to go and view these properties and others. What you see online and what you see in real life can be very different. Viewing properties allows you to assess the local area, the sounds, the smells etc.. Rightmove and Streetview are great but nothing beats experiencung the property in real life. And doing viewings allows you to prioritise. Earlier this year I bought a 100-year old terraced house. When I started the process I thought I wanted a flat, but multiple viewings allowed me to reassess what I thought my priorities were. Asking strangers on the internet what’s wrong with a property may be helpful in noting things you hadn’t thought of, but really is of limited value.Ybe said:Below is another one I looked at.Work out what you can comfortably afford, now and in the next few years. Write a list of “essential” and “desirables” that any property you live in had to have. And go and see properties. Lots of properties. Go and see things outside your comfort zone. See houses as well as flats (houses hold their value much more). Try different areas. Try and work out what your needs will be in 2 years, 5 years, 10 years. See loads and you’ll start to learn what matters to you.Yes it is scary and it’s a big decision. But not taking action is another decision and one that may not be the best for you. Good luck!1
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