Almost 16 years

[Mick Dempsey]

Nothing rash!

Speak to some property developers, this should set you up till they carry you out the door.

Choose wisely.

[eggsarascal]

  On 02/08/2024 at 16:56, Mick Dempsey said:

Nothing rash!

Speak to some property developers, this should set you up till they carry you out the door.

Choose wisely.

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I’m with your way of thinking all the way, I gave £15k for the plot and another £10k for the ‘shed’, it’s falling down but there is water and electric there, it’s cost me around £50k to get to this stage. £300k bid now it’s passed. It, imo will never get full planning for houses, but it’s worth good money to the right people. Keep it, or move it on?…

[Honda]

  On 02/08/2024 at 17:25, eggsarascal said:

I’m with your way of thinking all the way, I gave £15k for the plot and another £10k for the ‘shed’, it’s falling down but there is water and electric there, it’s cost me around £50k to get to this stage. £300k bid now it’s passed. It, imo will never get full planning for houses, but it’s worth good money to the right people. Keep it, or move it on?…

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Eggs,

Some advice I was given and has always worked for me: Only sell a good investment if you can use the money to buy a better one.  

[eggsarascal]

  On 02/08/2024 at 17:36, Honda said:

Eggs,

Some advice I was given and has always worked for me: Only sell a good investment if you can use the money to buy a better one.  

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Good advice, the chances of me finding another plot like this one are slim and none. I’m going to keep it for now, although East Anglia is where I feel most settled.

[eggsarascal]

  On 01/08/2024 at 20:38, openspaceman said:

Way to go Eggs👏

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Much appreciated, the biggest victory is getting the residential side of things sorted, and I do feel slightly smug, I was told by stacks of folk I wouldn’t get it passed again.

[Steven P]

  On 05/08/2024 at 09:16, eggsarascal said:

Good advice, the chances of me finding another plot like this one are slim and none. I’m going to keep it for now, although East Anglia is where I feel most settled.

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Exactly, and even slimmer to be able to afford one too

 

(max 2% interest rate in the bank, property prices at 7%... losing money if the cash sits in the bank... waiting....)

[topchippyles]

  On 05/08/2024 at 15:26, Steven P said:

 

Exactly, and even slimmer to be able to afford one too

 

(max 2% interest rate in the bank, property prices at 7%... losing money if the cash sits in the bank... waiting....)

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2% who do you bank with i am getting well over 5% 

[Steven P]

Long term sort of average.

[eggsarascal]

Sold, gone halves with our kid on another apartment, flat to to you and me. Although the camper is good I’m not doing another winter on the road.

[Mick Dempsey]

Good work.