| Comment | >there was 2 bed flat for sale at offers over 39k last year and then a couple years ago another at offers over 30k
There's a reason those flats sold so cheaply, and it's not because of any problems with the area or the building.
It's an unusual 1960s high-rise building. It's listed. It has an unusual construction (deck access from an external stair/lift tower, rather than an internal 'close').
Most mortgage companies would refuse to lend on those flats, writing them off as "unusual construction". Any banks that would lend on them would require a huge deposit.
Those prices are probably cash-only sales. |
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