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AIBU?

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To buy 2 at this price?

5 replies

Patchoomi · 26/10/2022 12:45

www.rightmove.co.uk/house-prices/details/england-65650646-9831214?s=539c9bf92f1a779e070b028291eac47c76d27ed2415a0b00ceb4da3fe3dc21b2#/

Space saving bed.

OP posts:
PeekabooAtTheZoo · 26/10/2022 12:47

I bet the lease was up on the leasehold? I can't see it mentioned on this one, but I've seen a few dead cheap properties in central London where there's only 5 years or less on the lease. I'd imagine that when they're this cheap, the landowner won't renew the lease.

Patchoomi · 26/10/2022 12:52

@PeekabooAtTheZoo it's £8m for a studio flat that is too small to fit a proper bed, an oven or 2 hobs. It's crazy.

OP posts:
Patchoomi · 26/10/2022 12:56

You need an income of what £400,000 and can't even cook a proper tea.

OP posts:
PeekabooAtTheZoo · 26/10/2022 13:09

@Patchoomi OMG I misread it at £7800!! Jeez, bargain of the century, that!

WomanStanleyWoman2 · 26/10/2022 13:15

There’s no way a studio sold for that. If you look, the other sold prices in the area are more like £1.3m - £2.3m - so whilst still insane, not in the £7.8m league.

I bet the £7.8m purchase was for the entire building, prior to its conversion into studios. RightMove and Zoopla data never takes things like that into account.

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