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ReekBlefs
@cjr
This is near me, sums it up quite nicely. Bought by a developer in 2017 for 445k and needed a lot of work. Put on the market at 650k in 2018, way above the highest similar house at the time. Didn’t sell so the developer rented it for 2-3k until 2022. Listed it at 800k and it went for 850k.
I have no idea why someone paid that much for it. Perfectly well done loft extension and side return. Added a utility/downstairs toilet I think. But not exactly Modern House territory.
Edit, E10, near Lea Bridge Road, so not even a prime location. Although we just got a BLOK gym round the corner.
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