mr gambino
Jan 26 2008, 11:25 AM
Have been into Norwich this morning and drove down King Street past Paper mill Yard.I was suprised to see quite a few sold signs and reserved in the windows, in fact to many.I have some suspicions here that this might be a buiders/EA tactic and not what it seems.Surely at the prices they want for them no one is stupid enough to buy one.The other flats down the road is it Reed Mills seem to have ground to a halt. Any one have any thoughts on this.
Fromage Frais
Jan 26 2008, 12:35 PM
Me and the wife drove passed the other night.
The football ground flats and the P M Yard looked like no more than 7-8 flats occupied.
Toast
When is booming you think not far but when you have choice they seem way out of the city like "city Heights" LOL
waitingandsaving
Jan 28 2008, 04:44 PM
Have just been through Rightmove, and counted 54 properties for sale that are billed as Paper Mill Yard (although 3 different buildings - Blue Mill, Granary View & The old Mustard Factory) the cheapest being about £134k - but you're right - when you drive past, they all have sold stickies in the corner of the windows - none of them look like they have curtains or anything yet though.
Was trying to count how many were up for rent, but it's difficult to tell, as they're not quite as clear about where exactly the properties are - or is it that they're all still technically off plan, as the development isn't finished yet, and hence, not up for rent?
Read Mills - there are at least as many adverts on Rightmove for sale for Read Mills as there are for Paper Mill Yard - the difference being that the Read Mills ones are "enhanced" advertising - ie, they have a pale yellow colour to the advert to make them stand out a bit more - I think Read was started before Paper - they seem not to be doing so well at the moment.
Edit to add about Read mills
MattW
Mar 5 2008, 02:10 PM
I think that there was one 1 bedder @ Paper Mill for £129,950 IIRC.
Room sizes in these places are a little disappointing compared to my 1960s ex-LA flat.
MattW
Mar 9 2008, 02:28 PM
I wonder if the flats in the 2004 built Morgan House block on Rouen Road are a better investment than Paper Mill or King Street? 2 bedders seem to be down to £148-150k now. Upsides are that you are closer to the shops offices and most of the other bars and clubs away from Riverside, the only real downside is a lack of a river view...but half of the flats in the other two developments get roadside views anyway.
mr gambino
Mar 23 2008, 07:01 AM
Have they stopped work on Read Mills? i noticed yesterday that nothing much has changed for a few weeks.
MattW
Mar 23 2008, 09:55 AM
QUOTE (mr gambino @ Mar 23 2008, 07:01 AM)

Have they stopped work on Read Mills? i noticed yesterday that nothing much has changed for a few weeks.
Hmmm not sure. It looks pretty much done externally from the road.
There are still a lot of forlorn buildings further along the river but I believe that they are still the property of Colmans.
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