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Work starts on the eagerly awaited new Foxtons office on Brixton Road

MrSki

Who am I to say you're wrong
I am sure I read somewhere in the legal journals that a landlord was fined £40,000 for not arranging a gas safety inspection test. I will try and find link.

Link here.
 

CH1

"Red Guard"(NLYL)
It's nice - I like the light and the studio space - lot of money though. For that money I'd buy this which is near me, out in the suburbs :D
http://www.rightmove.co.uk/property-for-sale/property-39462533.html
So have you been in (St Johns buildings that is)?

When this building was converted it was originally marketed as artist studios with accommodation. Interesting to know how much they cost then. Maybe one of our more property literate members can recall?

I see what you mean about that Streatham/Norwood property.
 

CH1

"Red Guard"(NLYL)
Nooo. That really depresses me. I'd always assumed that those buildings would be safe from the property locusts.
They were converted more than 10yrs ago.
The original conversion was done post this 1992 planning permission:
http://planning-docs.lambeth.gov.uk/AnitePublicDocs/00064723.pdf

Note that the applicant had a kind of community feel:
William Wilding
St Johns Renovation Project
20 Linom Road
SW4 7PD

It is present market conditions which are causing inflationary pricing.

Prior to conversion into mixed use studio thingees this building was used by the Metropolitan Police for training purposes. It is many years since it was used as St John's School, but the back history is here (from British History Online):

St. John's C.E. Primary School, Canterbury Crescent
The site of this school was freely given by Benedict John Angell Angell. The buildings

were designed in Tudor style by Benjamin Ferrey and built in Rochester brick with Bath stone dressings by Messrs. Holland in 1853; the cost was £1,600. As originally planned the school contained three large rooms and provided accommodation for 180 boys, 120 girls and 100 infants. There was also a house for the master. (The Builder, 1853, p. 360.) Later additions have been unsympathetic. The school was severely damaged in the war of 1939–45, and was reopened in 1947.
 

Rushy

AKA some / certain posters

leanderman

Street Party: July 2
£1million would seem like a "bargain" compared to three houses sold for 1.4 to 1.6 million each in Mervan Road in the past 3 months. So I've been told by the agent - I've not seen Land Reg confirmation yet.
Yes. I was wondering about that too. A similar alleged sale took place in Sudbourne rd.

I suppose the buyers may not worry too much if they sold at the same time (at these bonkers prices).
 

Rushy

AKA some / certain posters
Bargain of the week (from the Standard)
3 bed house Trinity Gardens £999,950
View attachment 62179
http://www.foxtons.co.uk/search?location_ids=32&property_id=910495&search_form=map&search_type=SS&submit_type=search

What I don't understand is why this charming terraced house in a bijou conservation area square is half the price of the St Johns duplex on the edge of a major building site further up the thread.

Any views on this leanderman, Rushy?
The St Johns place is 2 and a half times larger and at least as characterful or unique, I reckon.

This one is closer to where you live.
 
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Orang Utan

knows how to use the three shells
I actually saw an advert for affordable housing in the Evening Standard today. Studios and 1 beds from £180,000. First year's ground rent paid, 75% mortgage, only £2k needed for deposit. No idea about the quality, mind.
But it's in fucking Hounslow.
No.
 

CH1

"Red Guard"(NLYL)
I actually saw an advert for affordable housing in the Evening Standard today. Studios and 1 beds from £180,000. First year's ground rent paid, 75% mortgage, only £2k needed for deposit. No idea about the quality, mind.
But it's in fucking Hounslow.
No.
How can £180,000 be considered "affordable"?
 

CH1

"Red Guard"(NLYL)
That's a huge climbdown from the original quote,Is it the owner or the agents that creates the asking price?
its agents surely - they come round and do a valuation, based on the highest whatever they think they can get
I think Foxtons (and probably most others in Brixton where prices are/have been volatile) inevitably act on a trial and error basis. The evaluation is indeed of what the market will bear (remember the estate agent is trying to get the best possible deal for the seller).

I think the market is currently softening quite a lot (no doubt leanderman may disagree)

This flat here - almost opposite me started listed at £599,000 (see post #1787 23rd July 14), then dropped to £499,000, and is now under offer at £450,000.

I reckon that is a soft market - way off what was happening a year ago. Anybody buying out there should be bargaining strongly, and anybody selling should make sure they have a genuinely realistic valuation to defend.
 
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