Property Prices

[craig]

I was down in London last week and while waiting for the pubs to open, I flicked through a property magazine.

I noticed in the small ads a 3 bed house for sale for only £20,000

It did say in the small print a Chinese gay couple who had both contracted cancer lived next door, but as I am not homophobic, racist or suffer from Carcinophobia, these things didn't worry me.

It's just the price. It seems so cheap.

[dvtimes]

Its problably a misprint.

Even if the house had fallen down, and needed to be re-built it would cost more than that, for just the land.

I bet if you phone it will be at least £200K

[craig]

Its problably a misprint.

Even if the house had fallen down, and needed to be re-built it would cost more than that, for just the land.

I bet if you phone it will be at least £200K

I did ring the number and the person who answered confirmed it was £20,000

they also told me there was no garage which I thought was a bit of a pain.

[Nickali]

Maybe Dvtimes Lives Next Door?

[JT]

:takethat:

A house in London for £20k or even £200k :takethat:

I live just south of London in Sussex and two years ago I sold a very small two bedroom house for £185k and Sussex is half the price of London

That may be a lease for sale and a fucking short lease at that. Whatever it is, there isn't a house for sale in London for 20k

[matt]

Is it the property for sale or the lease? If it's just got a few years to run it could explain the price. In London you couldn't get a broom cupboard for £20,000

[JT]

Is it the property for sale or the lease? If it's just got a few years to run it could explain the price. In London you couldn't get a broom cupboard for £20,000

You couldntb get a broom

[Joe A]

Where in London is my question.. :)

I'd love to know as I live in the middle of town..

[NumptyNuts]

I have a flat which is on rent due to sale falling through. I got my hands on it about 3 years ago now and went through a sales process right at the back end of the last boom, what the bank and the agent said were two different prices.

When the property is sold this time round I will approach the bank in the first instance so I can understand how cash they will lend against the property. I think the agents over estimated peoples budgets and the level of finance they can raise.

That kind of mess's up any deal when the budget is too small.

[craig]

Oh your all too level headed before your liquid lunches.... :cry:

Someone was supposed to say "Where is it?"

And the answer would have been CHINA!!!!

:titanic:

OK, I'll get my coat

[Joe A]

Craig.. Read my last post.. I did ask where in London :)

[craig]

Craig.. Read my last post.. I did ask where in London :)

Hehe I know. If only you had have used 'London'

I'd have got ya :takethat:

[Elisha Jade]

maybe its right next to a power sub station or under a pylon hence the couple next door contracting cancer

[craig]

Hehe I know. If only you had have used 'London'

I'd have got ya :takethat:

I did mean to say hadn't

[Elisha Jade]

lol i didnt read the whole topic

maybe im too serious :D

[cock-a-leekie]

:takethat:

A house in London for £20k or even £200k :takethat:

I live just south of London in Sussex and two years ago I sold a very small two bedroom house for £185k and Sussex is half the price of London

That may be a lease for sale and a fucking short lease at that. Whatever it is, there isn't a house for sale in London for 20k

I doubt you can get a house anywhere for 20k. Even up here I've seen a 70% increase in just 3 years.

[JT]

Oh your all too level headed before your liquid lunches.... :cry:

Someone was supposed to say "Where is it?"

And the answer would have been CHINA!!!!

:titanic:

OK, I'll get my coat


LOL over our heads dude :drink:

[typeR]

Maybe Dvtimes Lives Next Door?

i like this explanation better :takethat:

[uk_dude]

Even if it was £20k I wouldn't contemplate living down there - it's too smelly and full of Londoners .... he he