Foxborough Gardens flat smashes the million pound barrier

Brockley's fashionable Foxborough Gardens has shaken-off the recessionary gloom that has afflicted the rest of the UK property market, as a one-bed maisonette has been put on the market for £1.4m. The asking price recalls the infamous Knightsbridge Broom cupboard deal of 2007, although the high-spec description by agents OakEstates does boast its own front door.

Property experts have long-forecast that Brockley's micromarket would outperform the rest of the capital, but the rapid rises have left some concerned that young buyers trying to get on the first rung of the ladder will be forced out of the area.

The vendors are understood to have received a cash offer from Hugh.


With thanks to the Quick Brown Fox.

31 comments:

max said...

You mean Foxborough Gardens... in Ladywell?

Anonymous said...

hey, "seat for shower with electric shower over" doesn't come cheap.

can i presume they misplaced the decimal point? no comment on literacy level of the average SE london estate agent...

patrick1971 said...

Haha. If you're ever on the 284 bus from Lewisham and there's a slightly undesirable element on it, 9 times out of 10 they get off at the Foxborough Gardens stop. It's definitely worth £1.4M.

quick brown fox said...

I'm assuming they had the shakes when they hit the 3 and it went in twice. A consequence of spending the last 4 months drowning their sorrows.

Anonymous said...

Compact and Bijou!

Tressillian James said...

I love the 'ideal for a first time buyer'...

what's the betting that it is really worth £13,900

drakefell debaser said...

Wow, that’s almost £4000 per lino covered square foot. No view of Hilly Fields either.

I think for the price though, the oven should be included so I am a bit disappointed in that respect. In fact, a Ferari Enzo will probably have to be included as well but parking would be a concern.

Bea said...

The exterior obviously doesn't do the interior justice - probably wallpapered in gold leaf?!

Anonymous said...

Ladywell is Brockley.

jpm said...

It's been on the market for around a year now, and is it any wonder?

I very much doubt if it will achieve it's askimg price. Which, let's face it, is a bit 'full' (even for Foxtons. Or is that Foxboroughs?).

You never know though...

Ironically, one would have thought that the stamp duty figure was it's actual price and they just mucked it up. Still, this means prices in the Conservation Area are now in their tens of millions -and look set to rise, what with the new ELL.

Anonymous said...

actually I had a note throught the door today saying that people were looking for a flat similar to mine.... I get them from time to time and I must say it's quite heartening these gloomy cold mornings...

Monkeyboy said...

You do get those leaflets through all the time. The one I got even gave the name, apparently a Mr Chung is looking for a place JUST like mine! Fancy.....

fabhat said...

Sometimes they are real people MonkeyBoy- I dropped postcards through doors when it seemed impossible to find a flat in Brockley...didn't work though - probably because no-one believed they were genuine.

Headhunter said...

Yeah we've had a couple of those leaflets through in the past week. So much for the crashing market, one mentioned a woman's name and said she was looking to move from St John's Wood to Brockley...

mintness said...

We had that one too. Then again, I don't believe a word most estate agents say in a booming market, and even less so in a falling one.

jpm said...

I saw the place I wanted, and then knocked on the door. The lady wasn't selling but invited me in for a cup of tea - and hey presto!

Sian said...

Just to put a spring in your step, I have had a huge response to ads for renting out my flat, and have had to turn several people down. Brockley is still very popular in the rental market apparently.

The Cat Man said...

agreed. i'm getting flyers through telling me people are looking to rent on my street! Recession? pawh, what reccession!

Hugh said...

We put in a nimble bid in the grey market on the basis that site was identified as the only one suitable to house a silo for SE4's quota of next-generation tactical nukes, to be used if the recession deepens and Peckhamites begin threatening mung curd supply lines from central London.

Just back from snowboarding - please excuse the delay. Anyone fancy skiing/boarding in March/April? We're looking at a shared chalet sans les chavs.

Tamsin said...

Well don't go between 13th and 22nd March. We're working on the Festival programme and it is bursting at the seams.

Monkeyboy said...

Funny, I went on a ski trip a while back. One of the chaps with us was a Defence Barrister He was about 45, fat, posh and had a 21 year old Russian girl friend - an 'art student' and ex-gymnast.

You couldn't make it up.

Hugh said...

Her name is Ika.

Headhunter said...

Are you fat and posh Hugh? Posh perhaps, but with all the cycling I had you down as more rake-like.....

Hugh said...

Rakish. I'm not the defence barrister. I ran away with her. He went from off piste to piste off.

Headhunter said...

Aha I see.....

Monkeyboy said...

He kept us entertained with stories from various murder cases he had to defend. Apparently his client insisted that the blood he was covered in was in fact dog blood. When the fat lawyer pointed out that a jury was unlikley to accept that since the DNA test showed a match with the victim the defendant said actually it was his blood and it matched the victim 'cos they were both Irish.

He got life....

Anonymous said...

A powerful comment piece in the Guardian today, discussing the British obssession with money and how it has corrupted us.

How Britain lost its way

I am inclined to this the guy's right

Anonymous said...

*to think that the guy is right

Headhunter said...

Perhaps it's an inidication of estate agencies' astuteness, that this obviously accidentally overpriced flat is still listed at the wrong price. You would have thought someone would have noticed by now and changed it....

max said...

Could this mistake give a false reading of statistics of house prices in the area?

Headhunter said...

Dunno but I think that house price stats are often derived from completed transactions so possibly not

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