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Discussion in 'What to buy' started by hammer, 12th Jul, 2018.

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  1. lynchy

    lynchy Well-Known Member

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    [​IMG]
    Haha it gets bandied around fairly frequently over here[​IMG]

    We can't afford to build anything at a price point of under £700 psqft...but neither can any developer that doesn't have their own construction arm. This is resulting in a large amount of supply coming on at £700 to £1,000 psqft

    Our next acquisition is likely to be around the £1,400 psqft exit value mark

    Another interesting graph

    [​IMG]
     
    Last edited: 31st Aug, 2018
  2. KinG3o0o

    KinG3o0o Well-Known Member

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    i 2nd this.. post the project and let us have a look..i am mildy interested.
     
  3. Graeme

    Graeme Well-Known Member

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    Thanks @lynchy!

    The building industry pretty much shut down in 2008, and I remember there being several part completed buildings in Manchester for a few years afterwards. So I can understand why that sector is nervous about Brexit.

    I think that the trouble with London is that there's been a huge amount of foreign money coming into the property market, and that most new developments have been at the luxury end to cater for this. Plus prices were already high in 2008, and barely dipped in the year or two that followed.
     
  4. lynchy

    lynchy Well-Known Member

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    c 800 dwellings (750 units, 50 houses) in North London with outline approval. Planning in London is a whooollleeeee other conversation :confused:
     
  5. KinG3o0o

    KinG3o0o Well-Known Member

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    caree sharing the name of the suburb?when your ready with the nitty gritty.
    i currently have a flat in east finchley, so keen to add more.. those i bought when it was rock bottom in london years ago.
     
  6. Karma

    Karma New Member

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  7. luckyone

    luckyone Well-Known Member

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    Yep, you could get rid of the wir for the bedroom next to your main and use that to extend your ensuite and make it a really good size. You could then just put a normal cupboard on the wall opposite the window in that bedroom.
     
    Propin likes this.
  8. Propin

    Propin Well-Known Member

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    Ooh Lucky One that’s a great idea! I still curse that tiny shower every day! All of the rubber at the bottom of the shower is deteriorated and leaks as well as the shape Creates leakes also so you need to mop every time someone has a shower. I could also use some of my WIR as part of it I just use to store books, photo albums, gifts, etc. Thank you for the ideas!!
     
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  9. lynchy

    lynchy Well-Known Member

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    I will PM
     
  10. Graeme

    Graeme Well-Known Member

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  11. Vine Street

    Vine Street Active Member

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    [​IMG]

    896 Glenferrie Road, Kew, Vic 3101

    Dream home - yes

    Affordable not currently - current owners want far too much for it

    As my mentor says - Patience young grasshopper
     
    wylie likes this.
  12. Kr@mer

    Kr@mer Well-Known Member

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  13. JimKate

    JimKate New Member

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  14. lynchy

    lynchy Well-Known Member

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    UnicornChaser likes this.
  15. wylie

    wylie Moderator Staff Member

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    We've always loved the Art Deco style. That's beautiful. (Don't really like the weatherboard addition on the back, but I guess you don't really see it and the area itself is a big plus.)
     
  16. balwoges

    balwoges Well-Known Member

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    I have a Mcdonalds house, the 'arches'

    upload_2020-7-8_17-56-0.png
     
    The Y-man and alicudi like this.
  17. Archaon

    Archaon Well-Known Member

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    upload_2020-7-8_18-6-31.png

    Interesting sales figures, did you buy it for the $1?
     
    Morgs likes this.
  18. Archaon

    Archaon Well-Known Member

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    My dream home is attainable, don't really want to let the cat out of the bag, you never know who might have similar taste.
     
  19. Property Baron

    Property Baron Well-Known Member

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  20. euro73

    euro73 Well-Known Member Business Member

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    The beautiful Hills District, Sydney Australia
    Depends on the exchange rate . 385k USD is approx 555k AUD today
     

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