DulwichLondoner Posted June 27, 2017 Author Share Posted June 27, 2017 PS Another problem with new developments like Tribeca is that ground rent and managing charge can be very high and spiral out of control. Link to comment https://www.eastdulwichforum.co.uk/topic/157404-house-prices-in-ed-new-tribeca-development-overpriced/page/2/#findComment-1150999 Share on other sites More sharing options...
dc Posted June 28, 2017 Share Posted June 28, 2017 The church on one side of Adys Road and the vicarage on the other side are both in SE22 and, in effect, mark the SE22/SE15 border at that point. Link to comment https://www.eastdulwichforum.co.uk/topic/157404-house-prices-in-ed-new-tribeca-development-overpriced/page/2/#findComment-1151358 Share on other sites More sharing options...
alex_b Posted June 29, 2017 Share Posted June 29, 2017 To steal a joke from the internet: I hear house prices in central London are holding up well, last week a woman paid a billion pounds for a home in Downing Street. Link to comment https://www.eastdulwichforum.co.uk/topic/157404-house-prices-in-ed-new-tribeca-development-overpriced/page/2/#findComment-1151455 Share on other sites More sharing options...
flocker spotter Posted June 29, 2017 Share Posted June 29, 2017 Someone will buy them and then rent them out at some extortionate rate, she said cynically, indicating her level of totallypissedoffness with the London housing market. Link to comment https://www.eastdulwichforum.co.uk/topic/157404-house-prices-in-ed-new-tribeca-development-overpriced/page/2/#findComment-1151714 Share on other sites More sharing options...
KidKruger Posted June 29, 2017 Share Posted June 29, 2017 unfortunately flocker there may be more than a dash of truth in your observation. Link to comment https://www.eastdulwichforum.co.uk/topic/157404-house-prices-in-ed-new-tribeca-development-overpriced/page/2/#findComment-1151726 Share on other sites More sharing options...
alice Posted June 29, 2017 Share Posted June 29, 2017 Buy to let ? Wouldn't work - you'd need to get 4K a month rent, which no one would pay and then you'd be just breaking even. No profit. Link to comment https://www.eastdulwichforum.co.uk/topic/157404-house-prices-in-ed-new-tribeca-development-overpriced/page/2/#findComment-1151740 Share on other sites More sharing options...
KidKruger Posted June 30, 2017 Share Posted June 30, 2017 Many foreign property speculators are (have not been) interested in btl, they have just bought / held property. Link to comment https://www.eastdulwichforum.co.uk/topic/157404-house-prices-in-ed-new-tribeca-development-overpriced/page/2/#findComment-1151752 Share on other sites More sharing options...
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