Decent drops

[Stuey]

6 hours ago, spunko said:

No I'm not against it I just think some people take the complete piss. But j don't go to bed at 7pm so there's plenty of time in the evening to do things like that for me.

Those people would soon be outed with good management.

Not sure if 7pm bedtime is a dig but I'm proud of it. The shittiest people are awake midday-4am, the best are awake 6am-8pm. Just my experience in that social places go to shit in the evening once the effniks wake up. 

[Formerly]

I wouldn't want it, but I'd prefer it to the £200k caravan. A decent drop though.

[Formerly]

And here's one who follows the Black Friday sale's method! Just to show I'm not biased

[ashestoashes]

11 minutes ago, Formerly said:

I wouldn't want it, but I'd prefer it to the £200k caravan. A decent drop though.

go out and clear the ice from the steps dear

[Formerly]

3 minutes ago, ashestoashes said:

go out and clear the ice from the steps dear

It was the drop to the pavement I was referring to!

[Dave Bloke]

On 01/12/2022 at 19:46, JoeDavola said:

.

@Stuey - why do you think that's so cheap? Would the BTL brigade not want to buy that for £75K-ish for the rental income?

Energy rating E, soon to be unrentable

[spunko]

https://www.rightmove.co.uk/properties/120692237#/?channel=RES_BUY

 

[Formerly]

[MrXxxx]

25 minutes ago, Formerly said:

Certainly $hitting themselves there with a £50k drop in just under a month....or did they realize they they are going to have to 'give it away'?

[MrXxxx]

On 06/10/2022 at 18:51, Stuey said:

Yes it will be bail ins. For those lucky enough to have cash in the bank, the choice is clear.

Buy a house now that you want. Or your bailed-in cash will be buying a house you don't want. 

:-))))..sounds like someone who knows they have overpaid but is in denial....let me guess, you had the Covid vaccine as well.....think it will be an interesting forthcoming decade for you! :-)

[Sugarlips]

15% reduction in asking - so far. Started at £400k. Not worth half that but still, encouraging

https://www.rightmove.co.uk/properties/126586688#/?channel=RES_BUY

[Wight Flight]

33 minutes ago, Sugarlips said:

15% reduction in asking - so far. Started at £400k. Not worth half that but still, encouraging

https://www.rightmove.co.uk/properties/126586688#/?channel=RES_BUY

They obviously don't understand properteee.

This is how they should be doing it...

https://www.rightmove.co.uk/properties/113854058#/?channel=RES_NEW

[Democorruptcy]

33 minutes ago, Sugarlips said:

15% reduction in asking - so far. Started at £400k. Not worth half that but still, encouraging

https://www.rightmove.co.uk/properties/126586688#/?channel=RES_BUY

It started at £450k so -24.4%

https://www.zoopla.co.uk/for-sale/details/60730146/

IoW in largest reduction order:

https://www.zoopla.co.uk/for-sale/property/isle-of-wight/?q=Isle+of+Wight&radius=0&results_sort=most_reduced&search_source=refine&view_type=list

[Formerly]

I seen it posted many times that the crash will start from the top. In Scotland it's looking like the crash is starting from the bottom. There are still few detached properties getting reduced. However, flats and land for sale are getting hammered. 25 to 40% reductions in asking are common. I just picked this out at random from loads of similar flats. It's in the central belt, commutable to work in all the main central belt regions. Obviously ex-LA, but has a decent garden and parking. It will have bigger rooms and more outside space than the vast majority of new-builds in the area. Last sold in 2008 for 57.5k. It does have a tenant who wants to stay. If the estate agent isn't lying too much, gross yield is >12%.

 

 

[Formerly]

It's also apparent that the Aberdeen area and the islands seem to be getting hit quite hard. Most of the reduced houses (as opposed to flats or land) are in these areas.

[Stuey]

28 minutes ago, Formerly said:

I seen it posted many times that the crash will start from the top. In Scotland it's looking like the crash is starting from the bottom. There are still few detached properties getting reduced. However, flats and land for sale are getting hammered. 25 to 40% reductions in asking are common. I just picked this out at random from loads of similar flats. It's in the central belt, commutable to work in all the main central belt regions. Obviously ex-LA, but has a decent garden and parking. It will have bigger rooms and more outside space than the vast majority of new-builds in the area. Last sold in 2008 for 57.5k. It does have a tenant who wants to stay. If the estate agent isn't lying too much, gross yield is >12%.

 

 

I think it will only be at the top. Still plenty of value in the north. 

[Formerly]

4 hours ago, Stuey said:

I think it will only be at the top. Still plenty of value in the north. 

You think what you like. The example I posted still hasn't sold at 65% of the 2008 price.

[spunko]

https://www.rightmove.co.uk/properties/118622822#/?channel=RES_BUY

10 Jan 2023	£1,000,000	->	£975,000
30 Oct 2022	£1,250,000	->	£1,000,000
3 Oct 2022	£1,400,000	->	£1,250,000
7 Aug 2022	£1,500,000	->	£1,400,000
16 May 2022	£1,650,000	->	£1,500,000
25 Apr 2022	£1,850,000	->	£1,650,000
17 Mar 2022	£1,950,000	->	£1,850,000
19 Feb 2022	£2,200,000	->	£1,950,000
13 Jan 2022	First seen	->	£2,200,000

Note that the catch is it's PurpleBricks so presumably the owners just took the highest EA quotes and doubled them 'we aint selling it cheap' 

 

#boomernomics

[spunko]

Asking for a friend - does anyone know if you contact them via Rightmove, to call them a couple of greedy shysters who are trying to flog a £500k dormer bungalow for £2.2m, since they're using PurpleBricks, does it go direct to them?

 

[Bus Stop Boxer]

SHAAAAAAAART!!!

 

[One percent]

5 minutes ago, Bus Stop Boxer said:

SHAAAAAAAART!!!

 

Ideal for a young family at nudging a million quid. What world do these people live in.  

[Wight Flight]

32% drop from £450k to £305k in 12 months.

https://www.rightmove.co.uk/properties/119811911#/?channel=RES_BUY

[One percent]

1 hour ago, Wight Flight said:

32% drop from £450k to £305k in 12 months.

https://www.rightmove.co.uk/properties/119811911#/?channel=RES_BUY

Probably a stupid question but how do you know what the drop is?  I miss property bee. 

[Wight Flight]

8 minutes ago, One percent said:

Probably a stupid question but how do you know what the drop is?  I miss property bee. 

Propertylog

[One percent]

6 minutes ago, Wight Flight said:

Propertylog

Ta. Doesn’t look like it works with chrome on crapple. I’ll have to fire the computer up.