66
£30k? In London? Bargain! (www.zoopla.co.uk)

I don't care how many people were murdered there!

you are viewing a single comment's thread
view the rest of the comments
[-] FourPacketsOfPeanuts@lemmy.world 16 points 4 weeks ago* (last edited 4 weeks ago)

Fitted out as a one bed / studio this would sell in the low end of £200-300k If you're a property developer 30k for the land actually seems cheap.

(Streatham Rail is about 25 mins from the city of London)

[-] feedum_sneedson@lemmy.world 6 points 4 weeks ago

Yeah it's actually suspiciously cheap.

[-] FourPacketsOfPeanuts@lemmy.world 7 points 4 weeks ago* (last edited 4 weeks ago)

I suspect like many basements it doesn't have full head height. Probably requires excavation + foundation work etc.

[-] Rednax@lemmy.world 2 points 3 weeks ago

I suspect that they are not allowed to turn it into a home due to daylight and ventilation requirements. It certainly can't be rented out. So instead they sell it as a basement, and let the owner fix it themselves. Meaning that the property develop just got 30k for an otherwise useless basement.

For example: https://www.righttolightsurveyors.co.uk/sunlight-and-new-house-design-beware-the-temptation-to-use-standard-plans-without-full-consideration/

this post was submitted on 04 Oct 2024
66 points (100.0% liked)

Terrible Estate Agent Photos

6869 readers
2 users here now

Terrible photos listed by estate agents/realtors that are so bad they’re funny.

Posting guidelines.

Posts in this community must be of property (inside or out) listed for sale which contains a terrible element. “Terrible” can refer to:

Rules.

This community follows the rules of the feddit.uk instance and the lemmy.org code of conduct. I’ve summarised them here:

founded 1 year ago
MODERATORS