this post was submitted on 04 Oct 2024
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Terrible Estate Agent Photos

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Terrible photos listed by estate agents/realtors that are so bad they’re funny.

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I don't care how many people were murdered there!

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[–] FourPacketsOfPeanuts@lemmy.world 16 points 1 month ago* (last edited 1 month ago) (2 children)

Fitted out as a one bed / studio this would sell in the low end of £200-300k If you're a property developer 30k for the land actually seems cheap.

(Streatham Rail is about 25 mins from the city of London)

[–] feedum_sneedson@lemmy.world 6 points 1 month ago (1 children)

Yeah it's actually suspiciously cheap.

[–] FourPacketsOfPeanuts@lemmy.world 7 points 1 month ago* (last edited 1 month ago)

I suspect like many basements it doesn't have full head height. Probably requires excavation + foundation work etc.

[–] Rednax@lemmy.world 2 points 1 month ago

I suspect that they are not allowed to turn it into a home due to daylight and ventilation requirements. It certainly can't be rented out. So instead they sell it as a basement, and let the owner fix it themselves. Meaning that the property develop just got 30k for an otherwise useless basement.

For example: https://www.righttolightsurveyors.co.uk/sunlight-and-new-house-design-beware-the-temptation-to-use-standard-plans-without-full-consideration/