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Re: The House Projects Thread

Posted: Mon Feb 19, 2024 3:13 pm
by Jobbo
mik wrote: Mon Feb 19, 2024 11:10 am Looks nice, and location sounds better for you.

How many square measurement units does it possess? From the pic, my guess is in the order of 280sqm/3000sqft?
About 1 acre of land and about 3600sq ft internal space.

No problem with you lot stalking; reverse image search is too easy :lol:

@Carlos, I used a specialist bridging chap I know through work to fund it (currently we seem to own 3 properties, none of which produces an income, but this is being resolved relatively quickly). I shall be dropping you a line in March to start finding a normal mortgage.

Re: The House Projects Thread

Posted: Mon Feb 19, 2024 3:16 pm
by dinny_g
Jobbo wrote: Mon Feb 19, 2024 3:13 pm No problem with you lot stalking; reverse image search is too easy :lol:
I searched RightMove for Worcestershire but I had to adjust my minimum budget down a few times until I got a match - as has been said - that's a hell of a lot of property for the price.

Quick question - is that a river or a canal near it - hard to tell from Google Maps ??

Re: The House Projects Thread

Posted: Mon Feb 19, 2024 3:29 pm
by Jobbo
It's a canal with a nice towpath for walking and cycling. It was actually a bike ride which took me up there about a decade ago that first took me to the village and I liked it. Never thought I'd buy a house there :lol:

Our insurer asked all sorts of questions about the canal, said it wasn't a water course (which it isn't really so I went with that) and then when I rang back to put the policy in place decided it was so they had to run through the entire quote again. The canal made no difference to the premium. It's in a bit of a cutting and if it ever had too much water in, it would just flood over the locks down towards Worcester.

'Had to adjust your minimum price down' :lol: It was a bit of a deal; our valuation came in at £950k but we've paid £915k and it was originally on the market at £1.15m. Yes, you do get more for your money in the shires.

Re: The House Projects Thread

Posted: Mon Feb 19, 2024 4:20 pm
by Explosive Newt
Lovely place Jobbo. Looking forward to the housewarming!

Re: The House Projects Thread

Posted: Mon Feb 19, 2024 5:03 pm
by Jobbo
We have an excellent parking area for meets :lol:

Re: The House Projects Thread

Posted: Mon Feb 19, 2024 8:56 pm
by duncs500
Looks great @Jobbo. 8-)

Re: The House Projects Thread

Posted: Mon Feb 19, 2024 9:03 pm
by MikeHunt
Looks great, cba stalking you but I know the canal fairly well, also from cycling down from tardebigge to the river. How far from the Queens head?

Re: The House Projects Thread

Posted: Mon Feb 19, 2024 9:14 pm
by John
Lovely looking place 8-)

Re: The House Projects Thread

Posted: Mon Feb 19, 2024 9:35 pm
by Simon
Do you need help in drawing up the plans for the inevitable swimming pool? 8-)

Re: The House Projects Thread

Posted: Mon Feb 19, 2024 9:54 pm
by Jobbo
MikeHunt wrote: Mon Feb 19, 2024 9:03 pm Looks great, cba stalking you but I know the canal fairly well, also from cycling down from tardebigge to the river. How far from the Queens head?
A reasonable way from the Queen’s Head - further away than Hanbury. In the hinterland between Droitwich and Worcester.

Simon: the 15ft pop up pool will go on the patio 😃

Re: The House Projects Thread

Posted: Tue Feb 20, 2024 9:52 am
by Simon
BTW, Deb is now mad at me as I showed her your place and she's upset about what we could get for our money in another part of the country. Said 'if you say we are moving I will pack tomorrow!'. Great.

Re: The House Projects Thread

Posted: Tue Feb 20, 2024 10:10 am
by Swervin_Mervin
Simon wrote: Tue Feb 20, 2024 9:52 am BTW, Deb is now mad at me as I showed her your place and she's upset about what we could get for our money in another part of the country. Said 'if you say we are moving I will pack tomorrow!'. Great.
We've been having the same conversation this week! Not Jobbo's fault here though. Wife was surprised at how cheap the house is that's for sale next door to her parents. Literally half what ours would be. Then I started looking near my parents in Cornwall and found a lovely place in Marazion with views of St. Michael's Mount - for about the same price as our 30's semi in S. Manchester, but with an annexe that could probably return at least the monthly mortgage payments we have... :lol: Could virtually retire :shock:

Trouble is when you have kids, and they're happy in the school they're in. Tricky.

Re: The House Projects Thread

Posted: Tue Feb 20, 2024 10:21 am
by DeskJockey
Thirded on the conversation about property-for-peanuts(ish) outside of London/major cities. Assuming you could find a plot of that size around here you wouldn't get change from £3.5m I reckon, and if you headed over Keston way you could add another couple of million on top of that.

We're staying around here. Kids are settled, we've got friends, grandparents are less than an hour away, my sister is about an hour away, SiL is about 20 mins away and so on

But it does make you dream.

Re: The House Projects Thread

Posted: Tue Feb 20, 2024 10:36 am
by Simon
^^Both of these.

How much do kids sell for out of interest?

Re: The House Projects Thread

Posted: Tue Feb 20, 2024 10:38 am
by Simon
In all seriousness, that's how much a house like that _should_ cost. It's just that prices in the south particularly, have gone crazy.

Re: The House Projects Thread

Posted: Tue Feb 20, 2024 10:42 am
by Mito Man
This flat is nearly identical to mine
https://www.rightmove.co.uk/properties/ ... el=RES_BUY
Who needs an acre of garden when you have a balcony big enough to fit a table and 4 chairs?

Re: The House Projects Thread

Posted: Tue Feb 20, 2024 10:47 am
by Swervin_Mervin
Simon wrote: Tue Feb 20, 2024 10:38 am In all seriousness, that's how much a house like that _should_ cost. It's just that prices in the south particularly, have gone crazy.
That house of Jobbo's would easily be a couple of £mil around here in S. Manchester so it's not much better in some areas up here

Re: The House Projects Thread

Posted: Tue Feb 20, 2024 10:53 am
by DeskJockey
Simon wrote: Tue Feb 20, 2024 10:38 am In all seriousness, that's how much a house like that _should_ cost. It's just that prices in the south particularly, have gone crazy.
I agree. That's the cost of foreign investment in property driving up the prices, I think.

It will never come to pass, but as a thought experiment it would interesting to consider what would happen if they introduced similar legislation to Denmark. If you buy a property as an individual you have an obligation to live in it. There is some leeway (e.g., you can rent it out to cover working abroad for a limited period), but you cannot hoard property in the same way as has happened here.

For summerhouses you must demonstrate a strong connection to the country before you're allowed to buy, irrespective of whether you've agreed to buy or not. That keeps prices low, as an example we looked last year and found that similar houses to the one we rented for a week (90sqm, fully kitted out, in really good condition, five mins from a great beach, one hour from Copenhagen), was easily found for about £130k.

Re: The House Projects Thread

Posted: Tue Feb 20, 2024 11:18 am
by Ascender
Mito Man wrote: Tue Feb 20, 2024 10:42 am This flat is nearly identical to mine
https://www.rightmove.co.uk/properties/ ... el=RES_BUY
Who needs an acre of garden when you have a balcony big enough to fit a table and 4 chairs?
There's some crazy stuff going on, its an interesting and infuriating rabbit hole to go down.

It's looking like the cost to build our place will be about 100K more than its worth once done as it's such a small & limited housing market in the north of Scotland. Which is fine as we're not building it to sell, but is causing some interesting conversations with the lenders.

Re: The House Projects Thread

Posted: Tue Feb 20, 2024 11:19 am
by Gavster
Mito Man wrote: Tue Feb 20, 2024 10:42 am This flat is nearly identical to mine
https://www.rightmove.co.uk/properties/ ... el=RES_BUY
Who needs an acre of garden when you have a balcony big enough to fit a table and 4 chairs?
Balconys don't need mowing which is a massive win :lol: