Mitcham flats guide down to £130K – one sold after

Flat 6 in Princess Lodge, 39 Church Road, Mitcham, Surrey CR4 3BF.

Sold in July 2005 for £249,950 this repossessed flat was in the Barnard Marcus auction on 17th April, 2008 and the highest bid was £155,000. The reserve price was £165,000.

In Barnard Marcus auction (lot 113) on 9th September 2008 with a guide price of £130,000.
UNSOLD – Last bid £130,000 available at £140,000.

Also Flat 2, 41 Church Road, a ground floor flat, as lot 33 in the Allsop auction on the 18th September with a guide price of £120,000 to £140,000. Sold after the auction.

Maidstone riverside newbuild flat for £102K

Was sold for £153,000 on 11th August 2006 and for £102,000 as lot 266 at the Alsop auction on 17th July 2008.

The flat has two bedrooms, one ensuite, open plan kitchen/receptrion room. 125 year lease from Sept 2003.

43, Kingfisher Meadow, Maidstone, Kent, ME16 8RB

Newbuild flat in Stoke-on-Trent for half price

This 1-bed newbuild flat was £113,950 in August 2006, and sold at auction on 24th June, 2008 for £50,000

Apartment 6, Lancashire Court, Federation Road, Stoke-on-Trent, Staffordshire ST6 4HX

2-bed Nottingham flat : £153K to £60K in 18 months

Flat 12a, Linen House Boulevard Works,
Hartley Road, Nottingham, NG7 3BB previously sold for £152,950 on 15/11/2006.

As Lot 509 in the Allsop residential auction 29th May and 2nd June 2008 it had a guide price of £75,000 but didn’t sell and is available at £60,000

Ground floor flat arranged over three floors, with two bedrooms. 150 year lease from 2005, ground rent of £150 per year.

220 Wallace Street, Glasgow (update)

220 Wallace Street, Glasgow G5 8AF

Some flats were sold in the Countrywide Property Auction at
Thursday, 15th MAY, 2008

Flat 0/1, £85,000
Flat 0/6, £78,000
Flat 0/26, £37,500

Flat 6/31, £79,000

See previous blog entry.

Mitcham Newbuild flats £100,000 off but no sale

Two repossessed flats in Mitcham, south west London, built in 2005 weren’t sold in in the Barnard Marcus auction on Wednesday, 21 May 2008, despite being £100,000 cheaper.

Flat 2, Princess Lodge, 41 Church Road, Mitcham CR4 3BF previously sold for £249,950

Last bid was £143,000

Flat 3, Princess Lodge, 39 Church Road, Mitcham CR4 3BF previously sold for £249,950

Last bid was £147,000

The flats are part of a development on the site of a pub originally called the Star. The twelve flats were all sold for £250K each, or £3 million in total.

Another flat in the same development also didn’t sell at an earlier auction, see this earlier blog entry.

Mitcham 2-bed flat: was 250K, unsold at 165K

Flat 6 in Princess Lodge, 39 Church Road, Mitcham, Surrey CR4 3BF. This development was built on the site of The Star pub (named Hop Pickers prior to closure) and is opposite Mitcham Parish church.

Sold in July 2005 for £249,950 this repossessed flat was in the Barnard Marcus auction on 17th April, 2008 and the highest bid was £155,000. The reserve price was £165,000.

Dual-Priced Maidstone Riverside Flat Sold for £135K

Previously sold on 31st August, 2006 for £210,000 or £178,500, this flat sold for £135,000 in Barnard Marcus auction of 17th April, 2008.

2 bedrooms, en-suite shower room/wc, main bathroom/wc, reception room. On the fourth floor, this flat is in a block that has a lift.

125, Kingfisher Meadow, Maidstone, Kent, ME16 8RD

Built by Bryant Homes in a development marketed as Delta Riverside

Newbuild 2-bed flats at 220 Wallace Street, Glasgow

A number of 2-bed flats at 220 Wallace Street, Glasgow G5 8AF were auctioned on 27th March, 2008 by Countrywide, and didn’t sell.

Flat 0/7 : Reserve price was £105,000. Rented at £575 per calender month.

Flat 0/8 : Reserve was £88,000.

Flat 0/9 : Reserve was £89,000.

Flat 0/21 : Reserve was £88,000

Flat 2/11 : Reserve was £94,000.

Flat 2/35 : Reserve was £88,000.

Flat 3/39 : Reserve was £88,000.

Flat 4/45 : Reserve was £90,000.

This development was discussed at House price Crash which referred to a press article in the Glasgow Evening Times about it being a den of crime.

The Fusion, Poplar

Flat 75 in The Fusion, East India Dock Road, Poplar, London E14 0EF.
Sold for £208K in Barnard Marcus auction of 13th March, 2008. It was originally sold on 20th October 2004 for £202,500.