A bird in the hand is worth two in the bush

Last week I wrote about a deal we were expecting to close. This duly exchanged yesterday, albeit at a higher price than we were anticipating to purchase it at.

Sow & Reap

Recently, I went to view a property close to Hyde Park, in close proximity to Queensway. It is a freehold, and seemed like a probate deal, from the look and smell of the place. 

There was a deal lined up which was exceptional, on paper at least. A flat in Bounds Green, literally a few minutes from the station. Worth about £350K with a lease extension, which would cost about £25K.

Currently, we are trying to close a deal in an area called Barnes. This is not a location I am familiar with, so in order to get a feel of the area it’s best I enlist the help of local agents. After all, they are local, and a few have been in...

There are serious concerns about where the property prices will go in the coming years. House prices in London have fallen for the fifth quarter in a row, this is as a consequence of a combination of high prices, stamp duty increases, and the...

Recently, I went to view a property close to Hyde Park, in close proximity to Queensway. It is a freehold, and seemed like a probate deal, from the look...

We are on the verge of closing a deal in Battersea. The property is a freehold house, which requires modernisation. The property is surprisingly small, given the quoted resale price of £1.2M. But there again, I don’t know the market on the other...

We have just exchanged on one probate property and completed on another. The question we need to ask ourselves is what to do with each property. Do we sell them on or do we keep them? 



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