In 2006 I was lodging with someone in Lewisham. It started off Ok but went downhill but I don't bear him any grudges. Honest.
I drove past the house back in the autumn of 2007 and I noticed that it was for sale. Strange I thought, so I looked it up on the EA's website.
It is described as a "Well presented house with no onward chain".
A 2 bed house in an uninspiring area for £335K.
Now, I know that the boiler is at the end of it's life and is located in the bathroom in a borderline legal location 'cos of the lack of ventilation, the bathroom is a failed wetroom with a raised floor, the kitchen is grotty and needs ripping out and so does all the woodwork and it needs a good redecorate.
So for - new bathroom, new boiler, plumbing, new kitchen, extensive gutting required - does £335K sound reasonable, especially as I've looked up on Netprice and properties in that road tend to go for £275K?
Or £100K too much?
The next development was that he would consider renting it, now it is down to £319K.
The amazing thing is how nice it looks from the pictures. I guess now that he has moved out it is cleaner. And the piles of cat sick have gone.
Gloating is such an unbecoming emotion but I just had to share this with someone
