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Interesting property 'cropped up' on RightMove


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Received a RightMove alert today for this interesting property as it's not too far from one I own.

Think the previous tenants were horticulturalist judging by the photos.

Question is - why would the vendor / agent list it if it was SOLD STC on the same day?

Also, why would you include the internal photos (i.e. why not just take the usual external shot of the front, similar to auction properties)?

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looks more like a canvas farm and tenant got caught. I've had something similar in one of my rentals so the pics look identical to what I found.. The loft area will be in a dire state for sure

In terms of STC then the process of listing can take a couple of weeks and it may be that it got sold during that period.. 

 

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Total guess @DerekT is that its a repossession of some kind.

Administrators may have an offer they want to take. Though they have an obligation to put it "on the market".

Hence why its up, but "Sold STC".

Perhaps they therefore put the photos up to avoid silly offers and silly viewings. To be fully transparent and limit timewasters who cant or wont put in the effort in.

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Yeah defo repossession and it was a cannabis farm. You can always tell a repo because anything of value is gone and rubbish remains. You literally get a time and date from the bailiff and whatever is there when the locksmith arrives will be bagged up and supposed to be available to collect for 14 days or something. No one ever does though i suspect. usually pipes, boilers, cookers etc are gone. I once saw a repo where the ex owner had drilled and wired the float in the attic water tank. For 30 days it sat showering water down every wall in the house. Cash buyers only. As Adam says, these days you dont want unnessasary viewings.

The bit i love about this is the agents optomism: "entering into the hall you will notice the high ceilings and original cornicing". Nope, thats not what im noticing thanks. Im noticing the fact they cut holes in the floors and theres a room full of soil!! Its hilarious they didnt even allude to any of this!

043_logo_final_03.png.0cdf828351f81e6097208048ac2d018d.pngStuart Phillips

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AALTO Mortgages Ltd

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Thanks all for clarifying the RightMove ad and quick SOLD STC notice. All makes sense.

It is impressive the different lens an agent can put on a property when advertising it. They could've mentioned that it had 'good ventilation' as there's ducting everywhere! 

Personal Blog: https://abcdad.co.uk
Property Spreadsheet and Deal Analyser: https://abcdad.co.uk/property-spreadsheet
Looking to read some Property books? https://abcdad.co.uk/books/property-books
Follow on Instagram: @abc.dad

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I love the optimism of the agent here and the description. What a mess. That will take a bit of elbow grease to get it back to its former glory as referenced. Imagine someone doing that to one of yours, you'd be absolutely gutted wouldn't you.

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