Mr Bim of Bar
Well-Known Member
Yes Belushi, but I WANT NEW, as I said before it ticks all my boxes, oh just in case anyone is Interested the projected rental on a two bed apartment is £360 a week
Say hello to Barratt Homes' 'Brixton Square' on Coldharbour Lane (old Cooltan site)
- Thread starter editor
- Start date
leanderman
Street Party: July 2
Strike One for the editor!
editor
hiraethified
That's what the place was built for.
leanderman
Street Party: July 2
Transient Towers
Mr Bim of Bar
Well-Known Member
I realise it's not what you want in the area but from an investment perspective that is not a bad yield for your Investment DON'T HAVE A GO AT ME
There's no need to shout
How much would you be willing to go to if the builders keep raising the asking price?Mr Bim of Bar
Well-Known Member
Lol lol lol Belushi do you work for Barratts ?
Kanda
Diving wanker
Which is way out of whack for the area. I suggest you read up on gentrification and a lot more of these forums etc....
Mr Bim of Bar
Well-Known Member
Wow thanks for the M&S history lesson, even more reason to shop at one of my fav stores, but won't buy fish, veg, or meat there, spread the wealth and all that.
No
But my brothers a very succesful salesman and i suspect he'd love you as a customer Mr Bim of Bar
Well-Known Member
kanda you can't stop market forces without a revolution
Gramsci
Well-Known Member
I do not follow this. So u reserve a flat and Barratts still have the right to up the price later on? How do Barratts square that? If you reserve a flat I would have thought its at the price at the time.
If that is correct then Barratts are right greedy C****.
Kanda
Diving wanker
No, you can't. You can stop contributing to it though.
You wouldn't just think 'oh, okay then'..
colacubes
Mr Hot Cookie
New build is generally smaller, shitter, less noise proof and beige as fuck. How do you feel about the developers trying to get out of the social housing obligations that were originally granted in the planning application Mr Bim of Bar?
Mr Bim of Bar
Well-Known Member
Yes if you reserve a flat on a phase that is not released then they reserve the right to increase the price on the release date. Once released then all the apartments in that phase are at a fixed price until sold.
Gramsci
Well-Known Member
Actually u can control the market. Its what Social Democracy advocated as an alternative to Marxist revolution. Its what Thatcher hated and did her best to get rid of. Housing works in much different way in other European countries. Germany for example.
Gramsci
Well-Known Member
A tip Mr Bim of Bar either quote the post ur replying to or put poster name in Mr Bim of Bar. Put @ then user name to do this. This means one does not miss reply to what one said.
Also it can stop confusion about who ur referring to.
quimcunx
imprimeo, lamino, distribuo
But they are so neat and tidy with skirting boards that fit and professionally boxed in boilers rather than a hotch potch of bodged DIY like my flat.
/visited a new build recently]
Gramsci
Well-Known Member
Not really.
Its like when you promise to buy in the Futures market. You agree to buy a certain amount of goods in 6 months time at a certain price. The price stays the same.
What Barratts are doing means they cannot lose. But means that someone looking to buy a flat has no idea if they will be able to move in. Means they cannot plan ahead. Seems crap to me.
Manter
Lunch Mob
Not once you move in... I rented one briefly, bits fell off it....But they are so neat and tidy with skirting boards that fit and professionally boxed in boilers rather than a hotch potch of bodged DIY like my flat.
/visited a new build recently]
Gramsci
Well-Known Member
So Barrats are C****
Means u might pay more than first phase for same size flat.
Mr Bim of Bar
Well-Known Member
Nipsla I have knowledge of the social housing aspect, they did inform me that part of the block was dedicated to affordable housing, I won't lie it was not top of my agenda when I looked at the block all I wanted was a place to live
Mr Bim of Bar
Well-Known Member
Sorry I meant no knowledge
leanderman
Street Party: July 2
5.2 per cent gross yield. Kanda's flat offers at least 7 per cent. Let for more than £1,000 a month, then more than 7 per cent!
Mr Bim of Bar
Well-Known Member
So Barrats are C****
Means u might pay more than first phase for same size flat.
Mr Bim of Bar
Well-Known Member
Yes but these apartments come with a five year warranty so you will be vitually maintenance free and no grief from your tenants
Manter
Lunch Mob
Yeah, but you're using maths, and common sense. The barratts offering is basically for people who aren't worldly wise (I didn't mean that to come out sounding like a euphemism for old)... It is an easy, no thought required investment- that's their value proposition and why they are making so much money....
