Harringay, Haringey - So Good they Spelt it Twice!
Shameful rental?
If you look at local rentals online, there are often overpriced flats with minimal space crammed in to poorly converted properties to be seen. But I wonder if one I saw today hits a new low — one room approximately 3 metres square (bed, washing machine, electric heater, minimal cooking facilities) plus shoehorned shower room, in a property apparently opposite the Salisbury, for rent at £1,500 a month plus council tax and bills. Am I just being naive in seeing this as shameful exploitation? (There’s a long link on Rightmove or a short one at https://propertyloop.co.uk/properties/kJVsGGZF )
Replies to This Discussion
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Permalink Reply by Betty Careless on
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I think the 'HOME' decoration propped up on the electric hob might be adding insult to injury!
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Permalink Reply by Don on
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It’s OK, though — according to the blurb, the advertiser, “Abi”, is going to provide a complimentary bottle of wine for all “guests”......
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Permalink Reply by Martin (Woodside) on
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I feel sorry for any younger people who have to throw £1500pm into a landlord's bank account. Years ago, at least a reasonable wage could get you a mortgage on a hovel, but no more. Now sadly, the 'sandwich generation' are doomed to a life of excessive rent with little hope of owning their own roof.
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How would this work theoretically?
The landlord buys a building, renovates it, splits it into as many flats as possible, overcharges on each unit then uses a patsy to rent the units and takes cash rent payments which are actually from a criminal source?
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I don't know why anyone would actually rent it. There are places on quieter streets not so far away where you can get a much more spacious one bedroom flat, with separate full bathroom, kitchen and living room for hundreds less per month.
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On green lanes its usually either a tax dodge or a way to clean money - that's why it's that high. To get the money through quicker
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