Tags for Forum Posts: Hmo
No picture of unit 7 ! perhaps the estate agent couldn't fit in.
They are being less than enterprising with that lovely basement. I reckon they could fit in four mattresses widthways and two more longways, plus a cot.
that's no joke, when i bought my house on the same street about 10 years ago the basement was divided into 4 little 'bedrooms with plywood partitions, some tatty damp carpet on the cracked concrete skim over dirt floor and dodgy wiring and lighting in each compartment, and a mattress in each and you can't even stand up in my basement! well i can't anyway at 6'3" but maybe if you are on your knees anyway (metaphorically speaking) it makes no difference. very sad.
cant understand the crazeee prices on the Ladder. a mile or two away gets you the same houses for half the price, along with schools/transport etc
Just out of interest, how do you know it sold for 850? That one has been marketed at 850 for many months (I was looking for properties from Jan-May this year at it was always coming up in my searches!). I have my doubts it achieved that price (or even close)... although you never know!
I don't think the houses on the ladder are selling to be continued for use as HMOs. The numbers - as you say - don't stack up at the prices they are selling at to make a decent return.
My guess is it's been bought by a developer to turn into a fancy family home, or a family has bought it to do themselves as a project.
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