• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Some London property is doing badly

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Some London property is doing badly

    'Grand Designs' converted water tower has £2m knocked off price - Telegraph

    #2
    Considering they have spent a total of 2.4m buying and renovating it - and even after the price cut, it is still valued at 4.75m - that's still a whopping profit on their investment - assuming they can even sell it at that price.

    Looks more like a case of an estate agent over valuing it in the first place - it was simply never worth 6.5m to begin with.

    Comment


      #3
      At the end of the day you're only going to be able to sell a property at a price that someone is willing to stump up, so in essence that is all it is worth.
      In Scooter we trust

      Comment


        #4
        It's like living up a telephone pole, for everybody to gawk at you.
        "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

        Comment


          #5
          Doesn't matter what you do with it, it's still in Kennington. Their best hope is that some Russian who's never been to London mistakes it for Kensington.

          Comment

          Working...
          X