Harringay, Haringey - So Good they Spelt it Twice!
Council Selling part of Downhills Park - URGENT ACTION REQUIRED (i.e. TODAY)
Disposal%20of%20MOL%20land.pdf
The Council proposes to sell part of Downhills Park to the developers of 134 private homes - a massive site using park land. We have until tomorrow only to object. Please do!
Replies to This Discussion
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Permalink Reply by John McMullan on
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It would not take two years. Let's presume you can't start for two years by which time the houses are a million (it makes the maths easier). You start at one end of the terrace with perhaps three of the houses and decamp those residents to rental properties. You then demolish the houses and rebuild a modern 4 bed property and access to the two flats above. Repeat the process as you go down the terrace.
You end up with a large modern 4 bed "garden flat" with two two bed flats above that are worth half a million each after you take out the construction costs. You can either sell them for a million pounds (well a bit more but you'd want to pay off the bridging loan required for construction) or live off the rental income (£3000pcm).
As I've said before, I don't think anybody would be serious about this but it's just to illustrate the pressure that land is under from property developers, the profits are enormous.
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Permalink Reply by Justin Hinchcliffe on
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What's stopping you, John?
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The upheaval. Having to find an unsecured bridging loan. It needs ten other houses in the terrace to agree too. If everyone did it there'd be a glut of two bed flats on the market or to rent.
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Permalink Reply by Charlotte A on
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The Ladder and Wightman are getting their own development of low density housing aren't they? By Hornsey station. And there's another development on Hampden Road. But I seem to remember that most local residents weren't in favour.
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Local residents are rarely in favour of much of anything. They always seem to want to protect the status quo. I think it's part of the human condition to resist change. As the Head at my son's school said recently at a school assembly "only babies in dirty nappies like change"! What I personally find extremely concerning is the huge drop in planning applications that are getting approved. Apparently there is a 64% drop in the number of new homes approved in the first quarter of this year over last. This article put it done to pre-mayoral election jitters. But the figures are depressing whatever the reason.
http://www.stirlingackroyd.com/news/new-homes-research/453-new-home...
For me, I don't want to see Haringey being like Richmond where only 11 new homes were approved in one year. That's not progress.
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It is a balance though and having checks and balances is a good thing. I think the main issue is stopping bad buildings not all buildings. As people will ask for a definition it's usually developers trying to pull a fast one rather than actually do a proper job.
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I think the balance has tipped too far in favour of local public opinion over wider public need. We need more housing but as soon as any sort of development is proposed there is ALWAYS local opposition, whether the proposals are good, bad or indifferent. I'm not sure what you mean by developers trying to pull a fast one rather than doing a proper job. I don't see bad buildings being built any more. Ours (UK) are some of the strictest building and planning rules around.
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Take a walk along Wiloughby Rd if you don't think that bad buildings are built anymore (or just sit outside the Salisbury and look across the road). I guess unless you know they they can build nice buildings, for a little less profit, those seem "ok". I've not objected to the Hampden Rd proposal and have quite rightly been pulled up for that, it's crap; the people who will live in those deserve better.
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I agree.
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