How the market has changed

[Acura]

I have alerts set up on Rightmove for the postcodes where I had rental properties. Had them set up for rent alerts, then when I was selling up, sales alerts. I’d not taken them down so got notification last week of two flats that had been reduced in one of the areas. 
 

When these flats were built at the end of 2018 they were selling them in the £300s. They’ve not all sold, so stood empty all this time. This is what the not-so-brand-new-but-never-lived-in flats are going for now. Shocking! 
 

The first picture is from 2018. The pictures have been taken down, but they are exactly the same properties. 

[Carryon Regardless]

Scary,

is this receivers that are selling?

Is this an investor with an out stretched arm slowly sinking into the water?

Of interest, where?

I feel for those that did buy. Are the light areas cladding?

[Melboy]

That is quite remarkable. I wonder what the back story is behind these ultra low selling prices?

[Acura]

22 hours ago, Carryon Regardless said:

Scary,

is this receivers that are selling?

Is this an investor with an out stretched arm slowly sinking into the water?

Of interest, where?

I feel for those that did buy. Are the light areas cladding?

I don’t know if the it’s builder, receivers or investor. All I know is they’ve been empty a very long time. 
 

Don’t know if it’s cladding, and they are in Buckinghamshire 

[Acura]

22 hours ago, Melboy said:

That is quite remarkable. I wonder what the back story is behind these ultra low selling prices?

They are on the site where a pub used to be. The bottom flats are right next to the paths and roads. I’d not buy there personally.