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The New Waterside Apartments
The apartments are now up for sale starting at less than £80,000. What they fail to point out is that there's only one at that price and it's a one bedroom flat on the 4th floor. You also need to pay an extra £5,000 for a space to park your car (or £7,500 for indoor parking). There are 5 other flats under £100,000 the rest range from £103,000 to over £140,000 plus the car parking.
I'd have liked the website (here) to have shown more images of the interiors. Do you think it's a reasonable price to pay for a one bedroom flat next to Scaitcliffe House? Incidentally, the Observer doesn't seem to be all that clear where Scaitcliffe House is judging by the photo on page 5. :D |
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Is there any mention of the annual (average) service charge for these flats? I know here in Wapping the charge varies between 5 and 15 grand a year, which includes concierge, security, cleaning and sinking fund. I would guess that it would be somewhat less in Accy, but still not inconsiderable.
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There was a thread last week about this development.
http://www.accringtonweb.com/forum/f...ent-33216.html |
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I wonder how these are selling. I noticed some more building work going on around there the other day - looks like they are only two storey though, are these more homes or for businesses? Anyone know?
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They look nice, but dont think they look right in the place they are at!
not much of a view either:( |
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Thay not being sold now they actuly up for rent becouse no one wants to buy them becouse of the locantion.
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It's not the location it's the state of the market. Ask any Estate agent, the market is flat ... |
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The other building work is for units.........haven't seen a to let sign up tho and I go down there most mornings, will have a look tomorrow.........not like me to miss something :D
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For what are described as exclusive quality, the kitchens and bathrooms look pretty basic to me.
http://212.50.188.108/cgi-win/vebra..../THEWA/14889/2 |
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give them 4 maybe 5 years an they will start to sink becouse they are built on a mill pound. that is one of the resons why none wants to buy them + the price is too high and the water side veiw is of a dead poluted fishing loged.
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I was talking to Jack's nan who has been up here in Accrington most of her life (although she is from Kent, as i am) and she said when she first came up here the spot that these 'apartments' are built was a mine.......no-one else has mentioned this.Is she mistaken or is it just forgotten/not being talked about?
Obviously the foundations would have been checked etc but still.......i wouldn't move in even if they gave me one for nowt, knowing this. |
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I'v been told this myself but I don't know its true or not, my family have been here for meny years so i can find out if its true or not.
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There are mine shafts all over accy, IIRC Avenue parade area is full of them and those houses haven't sunk yet!
Its a fair old price for an apartment though, perhaps they think that Accy is teh new London. Or It could be there is a premiuim as you can throw stuff at the councillors from teh comfort of your own home :D |
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[quote=misskitty;601640]I was talking to Jack's nan who has been up here in Accrington most of her life (although she is from Kent, as i am) and she said when she first came up here the spot that these 'apartments' are built was a mine.......no-one else has mentioned this.Is she mistaken or is it just forgotten/not being talked about?
Obviously the foundations would have been checked etc but still.......i wouldn't move in even if they gave me one for nowt, knowing this.[/quot They are built on the site of the old Scaithcliffe pit.Don't think I would want to live there either.Went down it 50 yrs ago.:confused: |
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Yes it was a mine, yes there are mine workings under most of Accy. No, most of Accy hasn't sunk yet but some has been suffering from subsidence. One would hope that they've checked out the foundations but I still wouldn't like to live overlooking that manky old lodge and the council offices.
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When I started working at Accy Timber it was where Scaitcliffe House is now, I believe the deal that the owner made was they got that site and he got where the old bus depot used to be on Hyndburn Road.
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I represent the Council on the private company that built these which is 66% owned (and run) by private entrepreneurs. There were extensive mining activities in the area from Scaitliffe Colliery and there was a deep shaft on site. The site was also contaminated so a lot of money and expertise went into survey's of the site.
The flats have proved very popular and a significant number of buyers want to buy them. The problem is the housing market itself which is on a big swing down, and these apartments particular where there is little like for like means the valuers have difficulty valuing for their lenders in a market where in general they are reluctant to lend 95% mortgages and on top, all property is being down valued 10-20%. It is an unusual situation as buyers want to pay the asking price (unusual at this moment), however lenders are walking away from the housing market unless their loan is totally secure against a down fall in the market. As for the apartments. They are fabulous. The nearest comparison would be Lock Mill at Blackburn. Scaitcliffe is 10% cheaper, the same sized per unit on average, a better location (in town) with much better views (awesome views over the coppice) and a much better fit out/quality. Prices starting £79,950. That one is on the 4th floor overlooking the coppice with 4 wall to floor windows to look out of. Very nice. I think anyone who takes the opportunity to look around them (well worth it) on the Friday or Saturday openings would see how much quality has gone into them and would appreciate just how attractive they are. I am not sure if any small home is worth £100k but that's the going rate. The new build is commercial premises, office's etc.. |
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For council use or open market ? |
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I see no problem.. if people don't like it they won't buy it! The price will be determined on that.
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I think they look nice but they aren't an investment really, and as the majority of those 1 bed apartments would be targeting young professionals who are desperate to get on the property ladder, it just doesn't seem like a realistic option still... which is a shame. No point getting on the property ladder if you aren't going to be able to sell up in a few years time when your settling down and make a profit.
That's my opinion anyway. |
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these remind me of the new houses that were built where wrist wires used to be , they were advertised as oswaldtwistle to justify the huge prices but lets face it they arnt oswaldtwistle as wrist wires wasnt , also despite been advertised as oswaldtwistle all you have to do is cross the road and your smack bang in the crappy area
these new buldings are the same story , over priced and located in a crap area infact lets be honest about it they arnt worth the money because they are in the asian area as everyone seems to be tip-toeing around at least you dont have to wory about asians moving in and bringing down the value of them as the asians are already your neighbours and what makes it worse is that on the other side you have the belfield road area which is a mixture of all sorts from chavs,asians,checz and polish the best thinig they could have done would be to have built in the middle of the resevoir thus providing a moat to protect them from what surrounds them |
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They built the apartments in the hope of turning a nice profit and maybe for young professionals but can these people really afford them? A lot of building firms have hosing stock they cant sell and that looks bad on the books. Ok there will always be someone with a large wad to spend but the canny ones will wait to see if prices crash further.
The "are they arnt they in Ossy" debate may bimble on but sadly those houses look no better than prefabs. With about as much effort to make them robust as i takes me to make a brew they aint up to much. A basic stone shell with a plasterboard interior because they are of the chuck em up quick kind. In my opinion better of with an ex council house one or a solid terrace. |
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i know that area very well and can tell you that the back alley of belfield road leads directly to the lodge behind them
i would fit extra security and electrify the perimiter before i lived in one of those lol seriously what sort of moron puts so called luxuray appartments right next door to the area with the highest crime rate in the area |
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What's wrong with living near an asian area? I have a few friends who live in the Blackburn Road area near blockbusters and toppings and there is a great sense of community in those areas.
Oswaldtwistle certainly isn't all its cracked up to be anyway, and anyone who lives here will be fully aware of that! I much preferred living in that 'crappy' area of Springhill as you so quaintly put it, at least it had character! |
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Well I live in Willows Lane with a mix of ethnicity of neighbours. It's far from 'crappy' here. The worst neighbours we ever had were the lads in their late teens early twenties who rented the house next door and trashed it. The house was bought by an Asian gentleman and he has made it beautiful.
If there's one thing that irritates me it is this stereotyping of people. A friend of mine used to live in Bellfield Rd and she was not a criminal. |
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couldnt edit my last post:
remember the old auction house just down the road from these flats and the old cinema that got turned into flats down near king street both these buildings were converted as luxury flats and ended up with the dregs of acrington in them , i just hope some poor sod dosnt pay a fortune for one of these apartments and finds himself surrounded by god knows what because hyndburn homes or somtinig bought up what didnt sell and rent them out a similar thing happened on a close in accrington where decent people bought new houses but because of a slump in the market some properties were sold off cheaper to assosiations who then rented out to anyone resulting in the poor sods who bought their houses been stuck with crappy neighbours and devalued properties |
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I know the old auction house one and it was always grim from the outset. It NEVER looked like luxury appartments from the outside. It has always looked like a job done on the cheap.
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didnt say there was anything wrong with living near an asian area but just like the majority of people i would prefer to buy a property away from asians especialy if i was spending that much money,you be as PC as you like but in the real world if people can afford not to be in an asian area they generaly dont be in an asian area and thats mainly because asian areas are run down dont wory though this argument will be irrelivant when you pass your exams and get a job which will pay for your nice house in its suburben area away from the asian areas you love so much |
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sorry willow but a handfull of decent people does not make a good area and i notice how you said your friend moved , well she probably moved because of the same reasons i did , drug dealers, been burgled 3 times in 6 months and dirty nappies in the street i am refering to the lower end of belifield road the top part which is an ex council estate is actualy pretty quiet |
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Actually she moved because she was downsizing. She had a large detached house up there and no longer needed so many bedrooms so she moved to a smaller one - on Higher Antley Street which you would probably describe as an Asian area. :D
So what would you do if you bought your posh house in a posh area and an Asian doctor or lawyer moved in next door? ;) |
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Maybe she'll build some more luxury apartments in Accrington. :)
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Besides a housing development billed as "The latest in modern housing in town from the Blazey Builders Ltd" dosnt have a ring to it or inspire confidence. :do-one: :p:p:D:D |
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Its when people move out and are so desperate to leave that the prices tumble and Asians move in. The laws of economics at work. Now I am going to :hidewall: before :hesoff: or :do-one: happens. |
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According to last nights Telegraph a young girl was raped near the lodge at the side of these flats. Sure to put any prospective single women off if security isn't high spec
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disgusting:mad: |
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The entrance to the apartments is on the side away from the lodge isn't it? Hopefully when they are occupied it won't seem like such an ideal place for creeps like that 15 year old.
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Yes they were both fifteen Panther
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I don't think the problem is price of lack of buyers Blazey. People want them but no mortgage valuer will value them at the selling price even though the buyer wants to pay the selling price. At the moment they can't be sold because of that conundrum unless a 100% cash buyer come forward.
I agree Willow. The entrance is on St James Street and it is a gated community so it is very safe. I really like them and whilst £110k for a two bedroom seems a lot to me, looking around comparatively there is huge potential for uplift and a good investment. |
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When I moved back here from London, via Glasgow, I expected to find some of the old industrial buildings converted into lofts, which has happened in much of the country, or at least well designed modern apartment blocks. Sadly I found neither.
I'd certainly have gone to look at these apartments. As for the price, they are similar to some terraced houses in the borough, and don't seem extortionate. |
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