Bloke paid £439,000 for a 3 bed terraced house in Southfields, London.
He made a profit after spending £110,000 on it.
But that's a facking stupid price for such a small house, profit or not.
Bloke paid £439,000 for a 3 bed terraced house in Southfields, London. He made a profit after spending £110,000 on it.But that's a facking stupid price for such a small house, profit or not.
presenters never seem to notice that no property in london ever goes for even close to guide price, Savills the auction house obviously under price to attract interest
presenters never seem to notice that no property in londonever goes for even close to guide price, Savills the auction houseobviouslyunder price to attract interest
i always read that plumbers ,plasters,decorators , builders earn fortunes in london,but everyone on this show spends 6 months putting in new kitchens,bathrooms,extensions ,knock walls down all for under 20 grand,even without fixtures and fitting, skips,deliverys etc,etc wouldnt even a workforce of 2 cost 20 grand in wages over 6 months in london,
i always read that plumbers ,plasters,decorators , builders earn fortunes in london,but everyone on this show spends 6 months putting in new kitchens,bathrooms,extensions ,knock walls down all for under 20 grand,even without fixtures and fitting, ski
Don't assume that all properties at auctions go for less than their value. Plenty of punters slip up, and they sometimes put one on who's bought a lemon.
Another point is about the valuations at the end. These are mostly wishful thinking. A valuation is only a starting point to come down from in many cases. And we have to bear in mind that the location of some of these properties make them difficult sellers as well. That's why many of them are in the auction.
There's plenty of money to be made doing up property, but you have to know the game or chance to luck.
Don't assume that all properties at auctions go for less than their value.Plenty of punters slip up, and they sometimes put one on who's bought a lemon.Another point is about the valuations at the end. These are mostly wishful thinking.A valuation is
THERE WILL BE PEOPLE RUNNING ABOUT LIKE HEAD LESS CHICKENS ,SAYING THE MORGAUGE BROKER NEVER MENTIONED ANYTHING ABOUT WARS,I CANT BE EXPECTED TO PAY FOR A BOMBED OUT HOUSE
THERE WILL BE PEOPLE RUNNING ABOUT LIKE HEAD LESS CHICKENS ,SAYING THE MORGAUGE BROKER NEVER MENTIONED ANYTHING ABOUT WARS,I CANT BE EXPECTED TO PAY FOR A BOMBED OUT HOUSE
THESE MONEY PEOPLE WANT THE HOUSES TO BE WORTH ALOT SO THEY CAN GET A COUNTRY TO BOMB THEM ,SO THEY CAN REBUILD THEM FOR LARGE PROFITS,YOU JUST THINK ABOUT IT,
THESE MONEY PEOPLE WANT THE HOUSES TO BE WORTH ALOT SO THEY CAN GET A COUNTRY TO BOMB THEM ,SO THEY CAN REBUILD THEM FOR LARGE PROFITS,YOU JUST THINK ABOUT IT,
BEFORE YOU SIGN ANY DOCUMENT ASK THE ESTATE AGENT WHAT HAPPENS IF THERES A WAR, AND TAKE NO NOTICE OF HIM IF HE LAUGHS IT OFF AND SAYS WEAR A TIN HELMET AND GAS MASK,TELL HIM YOU WANT ANSWERS
BEFORE YOU SIGN ANY DOCUMENT ASK THE ESTATE AGENT WHAT HAPPENS IF THERES A WAR,AND TAKE NO NOTICE OF HIM IF HE LAUGHS IT OFF AND SAYS WEAR A TIN HELMET AND GAS MASK,TELL HIM YOU WANT ANSWERS