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Debate House Prices
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Watch This Live Auction Now (started 10.30am)
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Anyone notice what happened to lot 77, former pub with PP for 14 apartments. Its been in the local paper a lot before it was shut down.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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To make it into a factory requires a company to be of the right size to be able to use that space and be in that area.Alternatively make it into a factory again. And stop people beliveing that houses/flats are investements rather than places to live.
If as it looks like, financial services as an industry are going down the toilet - where is the UK going to get it's wealth from? We don't make anything anymore.
And they need to be able to borrow (mortgage) to buy it.
Commercial mortgages are just as hard to get now as residential mortgages.
If somebody wanted it as a factory, it'd be one.
No, we don't make anything any more, because other people can make things cheaper than they can be made in the UK. It can be cheaper to import what's wanted. So more risk and less profit to make things.0 -
They'll buy any old tat in W2
http://www.eigroup.co.uk/onlineauctions/lotpub.asp?a=10597&l=494199
Went for: £400k
Mind you, I know a 2-bed flat in the area can easily cost over £600k
Come to London, spend a fortune, live in a rough old shed for £400k0 -
PasturesNew wrote: »They'll buy any old tat in W2
http://www.eigroup.co.uk/onlineauctions/lotpub.asp?a=10597&l=494199
Went for: £400k
Mind you, I know a 2-bed flat in the area can easily cost over £600k
Come to London, spend a fortune, live in a rough old shed for £400k
5% gross yield on the rental.
Looks like a garage with rooms stuck on top, with access off a dirt track.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
PasturesNew wrote: »To make it into a factory requires a company to be of the right size to be able to use that space and be in that area.
And they need to be able to borrow (mortgage) to buy it.
Commercial mortgages are just as hard to get now as residential mortgages.
If somebody wanted it as a factory, it'd be one.
No, we don't make anything any more, because other people can make things cheaper than they can be made in the UK. It can be cheaper to import what's wanted. So more risk and less profit to make things.
Yeah All true. i was speaking wistfully.0 -
Lot 98: Unsold £78,500
Studio Flat in Surrey
http://www.eigroup.co.uk/onlineauctions/lotpub.asp?a=10597&l=494216
Last sold at £115k in 20050 -
Lot 104 going well....We made it! All three boys have graduated, it's been hard work but it shows there is a possibility of a chance of normal (ish) life after a diagnosis (or two) of ASD. It's not been the easiest route but I am so glad I ignored everything and everyone and did my own therapies with them.
Eldests' EDS diagnosis 4.5.10, mine 13.1.11 eekk - now having fun and games as a wheelchair user.0 -
Hmmmm,lot 104 looks nice!Nicely boared up down stairs.Bet it`s a loverly area!0
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Lot 104 going well....
Possibly a scammer from Nigeria given the guide price is 65k
"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."
Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)0
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