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ActDottie · 23/10/2023 19:30

Spirallingdownwards · 23/10/2023 15:07

and?

If you work and live in London you aren't going to look at a property in Bury to live in and commute from.

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My thoughts too. Bury and london aren’t comparable.

greengreengrass25 · 23/10/2023 19:36

Is it that wonderful though?

I know the areas roughly

greengreengrass25 · 23/10/2023 19:36

Or are they supposedly gentrified these daysConfused

Thisisnotmyname2022 · 23/10/2023 20:00

Bury black pudding though 🤤

Misses the point of the the thread entirely

BitofaStramash · 23/10/2023 20:08

@throwawayaway1

Ah ok I didn't realise only London centric commentary was wanted

BitofaStramash · 23/10/2023 20:09

RubyBoozeDay · 23/10/2023 18:53

Why do people always compare London property prices with similar properties in a less desirable location?

Less desirable?

Illbefinejustbloodyfine · 23/10/2023 20:11

The room sizes though

70isaLimitNotaTarget · 23/10/2023 20:28

Twiglets1 · 23/10/2023 18:38

Lol, just a little squirt of domestos and a quick run round with the hoover… no problem

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Well there’s two extension adapters and eight plug sockets to choose from (hanging from the wall in the lounge)

Luana1 · 23/10/2023 20:29

Aww I always feel a twinge of sadness when I see these type of houses that are likely to be probate sales or to free up some money for a care home situation. Someone once chose the wallpaper, paint colours and furniture, and now they are gone but these things remain. I bet it was a beautiful house in its heyday but for whatever reason the owners let it fall into such a state as they were no longer able to look after it.

Having said that, I doubt they will get £1m for it - there are far nicer houses in the area that don't need so much work!

C8H10N4O2 · 23/10/2023 20:42

Luana1 · 23/10/2023 20:29

Aww I always feel a twinge of sadness when I see these type of houses that are likely to be probate sales or to free up some money for a care home situation. Someone once chose the wallpaper, paint colours and furniture, and now they are gone but these things remain. I bet it was a beautiful house in its heyday but for whatever reason the owners let it fall into such a state as they were no longer able to look after it.

Having said that, I doubt they will get £1m for it - there are far nicer houses in the area that don't need so much work!

That place doesn't look like the much loved home of a recently deceased owner who could no longer maintain.
In that area more likely it was used as an HMO for a couple of decades before the area moved upmarket. Sinks and bits of cooking equipment in bedrooms and the shockingly bad state of both house and garden would fit badly run HMO. Its not so very long since that area of Brent was poor and run down - the gentrification is relatively recent.

VirusSchmirus · 23/10/2023 20:57

Would love to see a Homes Under the Hammer "sswwwiisshhh" before and after.

Wonder what music they would choose. My money is on "This Old House" by Shakin Stevens

Sparehair · 23/10/2023 21:04

VisaWoes · 23/10/2023 20:51

This is close by, 5 bed, done up inside and only 100k more. Admit the garden is smaller. https://www.rightmove.co.uk/properties/139735691#/?channel=RES_BUY

id still prefer this one.

Agreed but 150 sq ft smaller with the loft already done. So the house in the OP could go to 2000 sq ft with that.

ButterMyParsnip · 23/10/2023 21:08

Wow. And just two years ago I remember this house being sold in Brixton for the similar www.rightmove.co.uk/house-prices/details/england-72388731-12207658?s=20e08b1c2a6e149b63af9fc1cd3a4fbc34433dd89d689f5a9c13440ef6879c6d#/

greengreengrass25 · 23/10/2023 21:27

VirusSchmirus · 23/10/2023 20:57

Would love to see a Homes Under the Hammer "sswwwiisshhh" before and after.

Wonder what music they would choose. My money is on "This Old House" by Shakin Stevens

Let's get ready to meet the saints might be quite apt with the state of that house

RufustheFactualReindeer · 23/10/2023 21:30

Panicmode1 · 23/10/2023 14:49

Seems overpriced in the current market for the state it is in. It has good bones but needs ££££ spending on it...I think someone is flying a kite!

Dd is a letting agent in london and oh my god the mould in some of these flats, absolutely coating the walls and ceilings and still 2k for a 2 bed (depending on area obviously)

Panicmode1 · 23/10/2023 21:36

RufustheFactualReindeer · 23/10/2023 21:30

Dd is a letting agent in london and oh my god the mould in some of these flats, absolutely coating the walls and ceilings and still 2k for a 2 bed (depending on area obviously)

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I'm sure! Even as a penniless trainee surveyor looking for London rental flats when I stated my first job back in the day, I was staggered at landlord's greed.

I currently work PT in a land agent/property developer's office scouting for plots/sites, but I think this is overpriced for the state it is in/interest rates/developer's attitude to risk....we've had several deals fall out of bed/ be renegotiated recently due to diminished (easy) access to development finance.

BitofaStramash · 23/10/2023 21:43

@throwawayaway1

In your opinion....

SheerLucks · 24/10/2023 00:02

TenderDandelions · 23/10/2023 16:31

For an extra £100k up the road you could have this instead. OK, so it's mid terrace rather than semi.

Fully refurbed and extended 5 bed here for £1.4m or a 4 bed semi in good condition just around the corner for £995k

I'd say they're massively chancing their arm on £1m for that!

I think those two properties are actually as hideous. If I was moving (and we'd have a £1.8M budget) I'd go for the first one in the OP.

The two in your post have been renovated with absolutely dreadful taste, but you're paying a premium for the work they've already done.

The first house is right on a green area with loads of scope to put your own stamp on it. It's a no-brainer for me.

Zanatdy · 24/10/2023 08:30

Ex MIL’s house is worth around 1.2 million (due to location) and it’s a shit tip.

CrashyTime · 24/10/2023 10:54

Sure, but not at silly prices, they are looking for bargains in a weakening market.

CrashyTime · 24/10/2023 10:57

SheerLucks · 24/10/2023 00:02

I think those two properties are actually as hideous. If I was moving (and we'd have a £1.8M budget) I'd go for the first one in the OP.

The two in your post have been renovated with absolutely dreadful taste, but you're paying a premium for the work they've already done.

The first house is right on a green area with loads of scope to put your own stamp on it. It's a no-brainer for me.

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Well they hope someone will pay a premium, I don`t think they will in this market. PropertyLog is your friend with these kite flying projects as you can just watch the price drops on your app.

CrashyTime · 24/10/2023 11:02

camelfinger · 23/10/2023 19:09

It does seem overpriced. But I guess it depends if they get any offers. There are probably more people looking for a property in London than in Bury. And if I was to have a choice of inheriting a property like this or the one in Bury I know which I’d go for.

Yes, but you wouldn`t buy it though? With the end of cheap debt this is a 600k house now.

Frasers · 24/10/2023 11:38

CrashyTime · 24/10/2023 11:02

Yes, but you wouldn`t buy it though? With the end of cheap debt this is a 600k house now.

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It’s not 600 grand house lol. Maybe 900 at a push. But you’re dreaming if you think it’s 600. It’s either wishful thinking or lack of knowledge of the property market.