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

I have a friend who lives in High Trees. He's not said anything bad about it. Bad luck though, Manter

Actually he's said a couple of things to me in the past that didn't sound so nice. But I think it's not that bad that he wouldn't live there or feels afraid for his daughter.
 
Yes - price per square foot is much less for ex LA because most people who can afford it would rather not live on a LA estate. The advantage is that, if an estate does not deter you and you value/need space over location, you can get a good deal.

yes... I think it's true that most people wouldn't. We're not most people though. Also we got an amazing location tbf..

It worked out very well for us.
 
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yes... I think it's true that most people wouldn't. We're not most people though. Also we got an amazing location tbf..

It worked out very well for us.
My last flat was ex LA and not pretty, but in a great location. It was a small 50s block and I bought the freehold from the council, so financially it worked out well. However I hit every Lambeth fuck up known mankind.... And if I had been on an estate or the timelines had worked out differently I'd have lost the flat
 
I accepted an offer on my flat a few weeks ago and the agent said the market has definitley slowed in the last few months.

To support that the flat next door to me is for sale and £25k has just been knocked off the asking price.
 
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This one on Dalberg Road is up for auction on 17th July with a guide price of £750,000. "In the same family ownership for 40 years" according to the Standard.
http://www.zoopla.co.uk/for-sale/details/33663745
180a688798296a1147e089066c032909c99879b4.jpg
 
Apparently auctions are a popular way to sell now - you know you will sell it on the day and at well over the guide price. Buying at auction can be quite an expensive way to get a property nowadays
 
Definitely had lights on about 7 or 8 years ago. Wasn't the house to the left also empty for years too? Seem to remember it in a state and for a while it looked like the two had been knocked through into one big place.
"The house to the left" - if you mean 318 that has been fully occupied for the last 25 years - as 4 flats. The basement had a flood some years ago so was empty temporarily.

320 (not in shot) was used as a car parts sales office (AH Terris) when I moved to Coldharbour Lane in 1986. Has gradually been converted back to residential (still converting the ground & basement now).
 
Talking of "In need of extensive renovation" this one seems to be about to hit the market. Current photo and further background soon.
abandoned-house-coldharbour-lane-3.jpg

http://www.urban75.org/blog/derelic...ane-is-this-brixtons-longest-abandoned-house/
A fine set of estate agents boards on show here. On consideration I'm wondering if this is a move to confuse the council. Seems that the Empty Homes people are now leaning on them as well as Building Control.

I guess if it really is for sale - then that would be the best thing all round. Can't see what use it is keeping a house vacant and unfit for habitation. If the owners get some money, that's better than pretending to be looking after a disintegrating empty house.
Fine clutch.jpg
 
"The house to the left" - if you mean 318 that has been fully occupied for the last 25 years - as 4 flats. The basement had a flood some years ago so was empty temporarily.

320 (not in shot) was used as a car parts sales office (AH Terris) when I moved to Coldharbour Lane in 1986. Has gradually been converted back to residential (still converting the ground & basement now).

Fair do's, not sure how I imagined that then.
 
A 4 bed on Mervan Rd sold (completed) at 1,610,000 in May. They paid 140,000 for it in 96.

Compare that with buying a £140,000 property in the North East in 1996.

There has to be a strong argument to tax these outsize, windfall gains, which the owners have hardly worked to reap.
 
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Compare that with buying a £140,000 property in the North East in 1996.

There has to be a strong argument to tax these outsize, windfall gains, which the owners have hardly worked to reap.
They only reap it if they move to a cheaper area. Your proposal would just make it even more expensive to move home . eg. A couple living in a flat have a child and want to buy a larger home in the same area would find it even more difficult than it already is.

Second or investment homes are already taxed at about 30 of the profit. Whilst that might seem fair on the face of it I'm not sure it does the market a lot of good since it deters people from selling investment properties and decreases availability, pushing up prices and reducing the number of taxable transactions.
 
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A 4 bed on Mervan Rd sold (completed) at 1,610,000 in May. They paid 140,000 for it in 96.
At the other end of the scale this came through from Mouseprice just now:
1 Carrara Close, London, SW9 8QL 4 bedroom house sold price £195,000

I presume this would be a case of right to buy being exercised under preserved rights?
 
They only reap it if they move to a cheaper area. Your proposal would just make it even more expensive to move home . eg. A couple living in a flat have a child and want to buy a larger home in the same area would find it even more difficult than it already is.

Second or investment homes are already taxed at about 30 of the profit. Whilst that might seem fair on the face of it I'm not sure it does the market a lot of good since it deters people from selling investment properties and decreases availability, pushing up prices and reducing the number of taxable transactions.

I'm thinking IHT, council tax, mansion tax.
 
I'm thinking IHT, council tax, mansion tax.
A mansion is still a mansion whether it cost 140,000 last decade or 1,610,000 this.

Any way it was only 4 beds and I'd wager it is no bigger than an extended home on your street. Just more convenient for the tube.

(and the vendor was I believe moving locally, rather than heavenward)
 
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