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Live property auction online now - Barnard Marcus

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Comments

  • hearts
    hearts Posts: 1,191 Forumite
    sirhan_sirhan wrote: »
    I have known some people Buy-To-Let portfolios, who always scoff at the likelihood of prices falling; they have always said to me that, as soon as prices do start to drop, they will be in like a shot to expand their empires at reduced rates.

    Where are they all today?

    They are out buying sensible investment properties not wasting their money on overpriced "new builds" ;-)
  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    silvercar wrote: »
    OK Birmingham city centre modernist tower block 250k when new in September '06 just went for 155k.


    ARgh thats the new build ( super tall glass building ) with hotel in same block

    Makes me wonder if the original £250K was a normal sale price, or a paper exercise
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • Pobby
    Pobby Posts: 5,438 Forumite
    That nice house in Sutton Coldfield ---- just over £120k.Unbelievable!!!!!!!!!!!
  • fc123
    fc123 Posts: 6,573 Forumite
    Quick Q; at these auctions is this roughly the normal ammount of props to go under the hammer? Or are there more at the moment?
    Only answer if you can make yourself pause watching the action;)
  • chelseablue
    chelseablue Posts: 3,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Pobby wrote: »
    That nice house in Sutton Coldfield ---- just over £120k.Unbelievable!!!!!!!!!!!

    I liked that one!

    It'd be about £400K where I live
  • Pobby
    Pobby Posts: 5,438 Forumite
    Think that this auction house is one of the larger ones.There are quite a few that will just offer a handful of properties.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Lot 228

    Flat 1, 35-37 Great Ancoats St, Manchester, Lancashire, M4

    Sold £180k 1/3/05, sold £108k 7/2/08.
  • fc123
    fc123 Posts: 6,573 Forumite
    Pobby wrote: »
    Think that this auction house is one of the larger ones.There are quite a few that will just offer a handful of properties.
    locally we only have small ones too...what I meant was this BM one....more, same , less than last year?
  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    That nice house in Sutton Coldfield ---- just over £120k.Unbelievable!!!!!!!!!!!
    chelseablue wrote: »
    I liked that one!

    It'd be about £400K where I live

    Do you mean Lingard Rd... thinks thats not much short of generally sale price ... its not what would be called the best part in "sutton"- its a by part called Falcon Lodge
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Lot 230

    88 Stanhope Rd, Bowdon, Altrincham, Cheshire, WA14

    Sold £249k 2002

    Sold £302k 2008.

    Up 20% in 6 years. That's about 3% pa.
This discussion has been closed.
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