Only in London where property prices are very, very disproportionate to salaries. Seriously, what sort of person wanting to buy a 1 bed flat has a spare £300k?
Only in London where property prices are very, very disproportionate to salaries.
Seriously, what sort of person wanting to buy a 1 bed flat has a spare £300k?
We bought a three bed flat for £190,000.
Yes, it needs a lot of work, but the identical but better decorated flat upstairs went for £250,000 months before we bought ours.
There is a lovely one bed downstairs which is in great order, going on the market for £120,000 shortly.
So, more affordable and nice housing stock is out there, simply saying "all decent 1 bed flats are £300k" is not a true reflection of the market.
@Dammit started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
We bought a three bed flat for £190,000.
Yes, it needs a lot of work, but the identical but better decorated flat upstairs went for £250,000 months before we bought ours.
There is a lovely one bed downstairs which is in great order, going on the market for £120,000 shortly.
So, more affordable and nice housing stock is out there, simply saying "all decent 1 bed flats are £300k" is not a true reflection of the market.