just exchanged

[Clara]

I wish that was still the case but the gap between north/south house prices is falling all the time

yes & no

I have just paid £185k for a 3 bed victorian terrace, nice red & yellow bricks, big bay window, all original features, no work needed (think front cover of "definately maybe" and your there).

No to buy this in certain areas of manchester it would be approx half tghe price...however, if it was in somewhere like Didsbury (Cold Feet Territory) it would prob cost the same??

So the North/South divide is there to an extent, but there are exceptions. But i think thats what Drew & N8 are saying anyway??

That sounds like a very good price. For a 3 bedroom in a decent area of Glasgow you'd be looking at well over £200k, the same for Manchester I believe.

London is an exception as there's so much money there and it's the capital, but Edinburgh and Glasgow are also very expensive, Edinburgh is particular.

 

[jjinit]

Not really mate, there's a few roads with nice period properties renovated by young professionals but thats as far as it goes Im afraid, Welling is probably more like Chorlton...good parts & not so good, go a mile up the road into Bexley Heath and it's a different story, very disdbury, not only in demographics but style/age of properties and local amenities, I supopose you could say that both Welling & Chorlton are similar as they are part of the phenomenon of people choosing a lesser area due to it's proximity to a more desirable area, thus making it desirable in it;s own right??

One of thing's I love about Manchester is that until you get out into some parts of Cheshire, there's nowhere without a certain element of scum. Chorlton's a great example - lots of studes, lots of aspirational young proffesionals but plenty of born and bred binners too.

V true mate!!

Theres a bar on Wilmslow road next to Sainsburys in Fallowfield, where me & my mate used to booze as he lived round the corner, anyway, up to about 4 years ago it was a proper spit& sawdust place, but inevitably got done up in order to pull in the "tax dodgers", however they still got the same 2 or3 old regulars sat in there every night, as they prob have been for the last 40yrs, almost like a part of the furniture

 

[Buckley]

Not really mate, there's a few roads with nice period properties renovated by young professionals but thats as far as it goes Im afraid, Welling is probably more like Chorlton...good parts & not so good, go a mile up the road into Bexley Heath and it's a different story, very disdbury, not only in demographics but style/age of properties and local amenities, I supopose you could say that both Welling & Chorlton are similar as they are part of the phenomenon of people choosing a lesser area due to it's proximity to a more desirable area, thus making it desirable in it;s own right??

One of thing's I love about Manchester is that until you get out into some parts of Cheshire, there's nowhere without a certain element of scum. Chorlton's a great example - lots of studes, lots of aspirational young proffesionals but plenty of born and bred binners too.

V true mate!!

Theres a bar on Wilmslow road next to Sainsburys in Fallowfield, where me & my mate used to booze as he lived round the corner, anyway, up to about 4 years ago it was a proper spit& sawdust place, but inevitably got done up in order to pull in the "tax dodgers", however they still got the same 2 or3 old regulars sat in there every night, as they prob have been for the last 40yrs, almost like a part of the furniture

The one that serves 'blobs'? What's it called? Used have a raised area out front?

 

[jjinit]

dunno, think it's called "excess" now?? are you thinking of the orange grove/tree or whatever??

 

[gfunk]

Used to be Durty Nellys before Sainsburys or do you mean the Friendship Inn, on the corner?

Opposite Pandoras

 

[jjinit]

Used to be Durty Nellys before Sainsburys or do you mean the Friendship Inn, on the corner?

Opposite Pandoras

it's on the same side of wilsmlow road as sainsburys!!

 

[gfunk]

Used to be Durty Nellys before Sainsburys or do you mean the Friendship Inn, on the corner?

Opposite Pandoras

it's on the same side of wilsmlow road as sainsburys!!

There was Durty Nelly's which was in the old train station, which may be replaced by Sainburys or the Friendship Inn was on the corner of Wilmslow Road and Egerton Road, an old pub quite high up above the road

 

[Drew]

Back on topic .....

I was speaking to a developer this morning who says there's big money to be made in buying & selling on building land.

Virtually no risk involved at all as developers bid huge sums even for the smallest plots.

 

[N8]

Yep,matesjust bought a run down bungalow......that has a large plot he knows will get permission for three more residencies. Profit? £200k + 8)

 

[Drew]

Yep,matesjust bought a run down bungalow......that has a large plot he knows will get permission for three more residencies. Profit? £200k + 8)

We're sat on 4 acres here which is just inside green belt, but word is that it'll come up for building land eventually.

It'd be worth around £1.5M as building land at the moment, but developers would bid. We already have developers breathing down our necks for it.

Doubt we'd sell cos it'd cost much more than that to relocate.

 

[russ]

Know when to get onto the property ladder

Know when to get off

Sold my flat in East London a coupla weeks back, renting now.

Have put the profit (lots and lots and lots of cash) into the bank, am getting 5.2% intrest on it. much more than property is increasing.

will buy again next year sometime. (after the price crash perhaps?)

 

[stuie]

Have put the profit (lots and lots and lots of cash) into the bank, am getting 5.2% intrest on it. much more than property is increasing.

even when you take the rent you are paying into account?

 

[Drew]

Know when to get onto the property ladder

Know when to get off

Sold my flat in East London a coupla weeks back, renting now.

Bit shocked to hear this - Primrose Hill's hardly on the decline!

 

[jjinit]

Think they should rename this board


"Donald Trump" Spotlight

 

[Drew]

Think they should rename this board


"Donald Trump" Spotlight

Not "Capitalist Pigdog" Spotlight?

 

[russ]

Have put the profit (lots and lots and lots of cash) into the bank, am getting 5.2% intrest on it. much more than property is increasing.

even when you take the rent you are paying into account?

dont forget with renting there are NO unexpected bills (and for us no poll tax or water rates)- need a new boiler/carpet/fridge/decorating/repairs etc etc etc etc etc. just call the landlord.

drew: I wish i could afford to buy in Prim Hill.

A two bedroom garden mainsonette in our street is on sale at, get this.....













£700,000

 

[N8]

FUMING!!!

Saw this

http://212.50.188.105/cgi-win/vebra.cgi?details1?src=vebra&PropertyCode=1052001/HENRY/16845/1

While on the web last night while bored at work and immediately thought thats £20k proffit in 6 months time if i bought it (all similar properties in same block/adjacant blocks selling for £130k+) so was gonna call today to view it........got out last night and met my mate who had only saw it earlier yesterday,thought the same thing and put an offer in straight away Little bugger got it for £107k Celebrity seller as well! Hence low price as she just wanted shot of it after renting it out for a couple of years! Gggggrrrrr

 

[Drew]

FUMING!!!

Saw this

http://212.50.188.105/cgi-win/vebra.cgi?details1?src=vebra&PropertyCode=1052001/HENRY/16845/1

While on the web last night while bored at work and immediately thought thats £20k proffit in 6 months time if i bought it (all similar properties in same block/adjacant blocks selling for £130k+) so was gonna call today to view it........got out last night and met my mate who had only saw it earlier yesterday,thought the same thing and put an offer in straight away Little bugger got it for £107k Celebrity seller as well! Hence low price as she just wanted shot of it after renting it out for a couple of years! Gggggrrrrr

Jammy bugger, price seems VERY cheap. A riverside apartment like that in Sheffield would go for double that.

e.g. http://www.metris.uk.com/development_detail.asp?ID=41

Having said that, bottom floor always sell for less and room sizes don't seem all that generous to be honest.[/url]