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

[leanderman]

If, as often alluded to here, the Brixton Hill crazy prices are influenced by school catchment, is there a seasonality to the prices?

I have heard anecdotes of people buying near Sudbourne, leaving the flat empty, getting their child in, selling up, pocketing £100k in the process.

If there is any truth in this, I'd imagine that there will be additional supply after school places are offered. We're in that period now.

Kids been at the school five years and I have never heard this.

Temporary renting happens though. May have done it myself.

 

[uk benzo]

Only Liberace could feel comfortable in a place like this:

http://www.rightmove.co.uk/property-for-sale/property-44831911.html

 

[Smick]

Kids been at the school five years and I have never heard this.

Temporary renting happens though. May have done it myself.

I have had two different people tell me the same story, but as ever, it's a friend of a friend. Pub talk.

But if someone had bought a flat in the catchment area in early 2013 for entry in 2014/15, and is selling now, I'd imagine they'd be quids in.

 

[Rushy]

But if someone had bought a flat anywhere in the general London area in early 2013 and for whatever reason is selling now, I'd imagine they'd be quids in.

Much simpler to look at it like this ^.

 

[Rushy]

Only Liberace could feel comfortable in a place like this:

http://www.rightmove.co.uk/property-for-sale/property-44831911.html

Ha! I was admiring it. Pretty sure that I did some Swing or Salsa in that hall when I first moved here (and developed an irrational fear of women who frequent Swing and Salsa nights).

 

[leanderman]

I have had two different people tell me the same story, but as ever, it's a friend of a friend. Pub talk.

But if someone had bought a flat in the catchment area in early 2013 for entry in 2014/15, and is selling now, I'd imagine they'd be quids in.

Yep. I think people are much more likely to simply lie about their address.

The document and address checks are much tighter this year.

 

[cuppa tee]

Ha! I was admiring it. Pretty sure that I did some Swing or Salsa in that hall when I first moved here (and developed an irrational fear of women who frequent Swing and Salsa nights).

Ah yes, the old Loughborough Hotel, I had some raucous nights there, a good example of the evils of gentrification that a space that was the venue for
fun and games for many is now only for someone with sufficient funds to buy the place, maybe someone like the bloke behind me in the queue for that venue
who felt standing in line with the hoi-polloi to gain entry was beneath a man who held a position of stature in HM government...........

 

[el-ahrairah]

Only Liberace could feel comfortable in a place like this:

http://www.rightmove.co.uk/property-for-sale/property-44831911.html

well call me liberace then because i'd buy that today if i could.

 

[Crispy]

That's a spectacular space and a crying shame it's not a pub

 

[Manter]

Only Liberace could feel comfortable in a place like this:

http://www.rightmove.co.uk/property-for-sale/property-44831911.html

Wow. What a shame it's been converted into flats. But I reckon that could be amazing with some redecoration. The main space is stunning.

 

[Rushy]

I'm surprised it's not on for more. I know £700K is a lot but there are some pretty average places hitting that figure and this is pretty unique. Can't quite make out if those bedroom spaces are actually enclosed though - looks like they are not. In which case it is a "huge" studio flat.

 

[Manter]

I'm surprised it's not on for more. I know £700K is a lot but there are some pretty average places hitting that figure and this is pretty unique. Can't quite make out if those bedroom spaces are actually enclosed though - looks like they are not. In which case it is a "huge" studio flat.

Unique might be the problem. You won't (probably) end up with people competing for it like you would for something less dramatic

 

[shakespearegirl]

Are all the bedroom open to the main space, that is what the photos look like, not much privacy for that price!

 

[Manter]

Are all the bedroom open to the main space, that is what the photos look like, not much privacy for that price!

Looks like it from the floor plan

 

[Greebo]

well call me liberace then because i'd buy that today if i could.

So would I, except that it'd need very expensive work so that VP could get to the upper level, and the bathrooms would have to be adapted. But get rid of the furnishings, and replace with plainer stuff, then the ceiling etc would seem less fussy.

 

[leanderman]

I have had two different people tell me the same story, but as ever, it's a friend of a friend. Pub talk.

Silly me - you are right. A developer with kids has done this - twice in the same prime road. Bought one place, did it up, doubled up by selling, moved across street and did the same. School place now secured they are renting miles outside catchment and awaiting a crash with a stack of cash.

Even better, no capital gains tax to pay as each sale was the main family home.

Better still, neither property apparently came on to the open market and both bought at knockdown prices. One a distressed probate sale.

 

[el-ahrairah]

So would I, except that it'd need very expensive work so that VP could get to the upper level, and the bathrooms would have to be adapted. But get rid of the furnishings, and replace with plainer stuff, then the ceiling etc would seem less fussy.

so everything about that place is perfect for you except the layout and the decor?

 

[Winot]

so everything about that place is perfect for you except the layout and the decor?

And the price.

 

[Greebo]

so everything about that place is perfect for you except the layout and the decor?

It's got potential, light, and plenty of bookspace. *adds to the "when I'm rich" list*

 

[astral]

I think it's gorgeous. Not so keen on the open plan bedrooms, but the space and the height and ALL THE BOOKSHELVES.

 

[ViolentPanda]

Ah yes, the old Loughborough Hotel, I had some raucous nights there, a good example of the evils of gentrification that a space that was the venue for
fun and games for many is now only for someone with sufficient funds to buy the place, maybe someone like the bloke behind me in the queue for that venue
who felt standing in line with the hoi-polloi to gain entry was beneath a man who held a position of stature in HM government...........

...fucking Mandelson and his "do you know who I am?".

 

[Rushy]

Silly me - you are right. A developer with kids has done this - twice in the same prime road. Bought one place, did it up, doubled up by selling, moved across street and did the same. School place now secured they are renting miles outside catchment and awaiting a crash with a stack of cash.

Even better, no capital gains tax to pay as each sale was the main family home.

Better still, neither property apparently came on to the open market and both bought at knockdown prices. One a distressed probate sale.

Is Leander Road inside the catchment area? I'm way closer and only within it in exceptional years, from what I've been told.

ETA- just saw your other post.

 

[Manter]

Kids been at the school five years and I have never heard this.

Temporary renting happens though. May have done it myself.

 

[leanderman]

Is Leander Road inside the catchment area? I'm way closer and only within it in exceptional years, from what I've been told.

ETA- just saw your other post.

It was in catchment six years ago. But that was unusual.

The school's reputation and demographic changes have shrunk catchment to about 200m.

It'll expand as the school doubles in size next year.

 

[MrSki]

That's a spectacular space and a crying shame it's not a pub

It used to be my local.

 

[Rushy]

It was in catchment six years ago. But that was unusual.

The school's reputation and demographic changes have shrunk catchment to about 200m.

It'll expand as the school doubles in size next year.

According to Google Maps I'm 267m as the crow flies .
Luckily, it's not really all that urgent .

 

[leanderman]

And all this means the degree of social segregation at Sudbourne is approaching that at Corpus Christi (in terms of free school meal rates)

 

[leanderman]

According to Google Maps I'm 267m as the crow flies .
Luckily, it's not really all that urgent .

That'll be in, post expansion.

 

[Rushy]

That'll be in, post expansion.

Post expansion the new flats on the Olive Morris site will probably take up all the places!

I think I'll start my own free-school in the shed.

 

[leanderman]

Post expansion the new flats on the Olive Morris site will probably take up all the places!

I think I'll start my own free-school in the shed.

Yes. I wonder about that Olive Morris thing. Bound to be targeted by young families.

Gove will find you the money I am sure.