Honor Oak shed seller seeks £280,000

The housing market is such that Greater Brockley is now throwing up its fair share of "outdoor toilet in London costs as much as a castle in Scotland" stories. Here's the latest.

A shed for £280,000 on the Honor Oak / West Brockley border at the end of St Norbert Road. Small spaces can make fine homes and houses made of wood can be lovely, but this one looks undeniably like a shed, wedged in an underused corner of someone's garden.

Details here. Thanks to Joe for the link.

20 comments:

Badgemanmartel said...

Depressing- have they stuck a zero on the end of the price by mistake?

MrWickham said...

Calling that a shed is a bit unfair. If you didn't see the outside you'd think it was a normal house. Presumably it's building regs compliant? Wooden houses are common in many countries!

guest said...

For some perspective, this 'shed' is bigger than some of the new flats popping up in Canary Wharf and Battersea, and those normally goes for above £500k. Hell, even small studios in Stratford are selling for £350k now. At least this has a garden and is (presumably) a freehold.

Badgemanmartel said...

Better value from B&Q:http://www.diy.com/departments/shire-elveden-26x14-shiplap-timber-log-cabin-with-assembly-service/651599_BQ.prd?ecamp=Aff-47868&awc=483_1424348473_6d8cd253fbb9e7096a6d06f1e59418ae

Monkeyboy said...

it may have crept through building regs but thats a minimum standard, wooden can be fine but is this one? would be interesting to see how easy you could get a mortgage on it.

AliAfro said...

Not sure what all the fuss is about? If it got planning its legal development. If it got building regs its structurally sound and decently insulated etc (If you look at the windows it seems to have a decent wall thickness). No particular reason for it not be mortgageable (though it does have a flat roof). It has more space than plenty of other one beds on the market for more money and this one is a detached house with a garden.

That said, it does look like a shed!

PS Further disgusted readers comments can be found here: http://www.standard.co.uk/news/london/yours-for-280000-this-one-bedroom-detached-house-10053371.html

anon said...

I am sure whoever buys it will build a 3 floors house on the land...

Headhunter said...

With debt levels shooting up, there's an article on Bloomberg which reckons that we're heading for another crash sometime as investors are even more leveraged than they were in 06/07

http://www.bloomberg.com/news/articles/2015-02-18/asset-bubbles-wherever-we-look-unnerve-top-nordic-buyout-fund

Headhunter said...

http://www.zerohedge.com/news/2015-02-19/norways-biggest-buyout-fund-there-are-asset-bubbles-wherever-we-look

Brockley Jon said...

It's a detached property for under £300k. A rare thing indeed!

Monkeyboy said...

the shame is that im sure you could have built a bigger better house there and made more money i suspect.

Monkeyboy said...

wot he said

Katy said...

Seems to be under offer already...: http://www.rightmove.co.uk/property-for-sale/property-43876967.html

Badgemanmartel said...

That's a different mickey-take .

Shed said...

On with kfh? Surprised they didn't put it on for twice that!

AliAfro said...

Suspect it was a shed/garage and the planners said no bigger building...

Headhunter said...

No wonder it's sold, it's had unrivalled coverage. It's on the Evening Standard and it's even gone national in The Guardian!

terrencetrentderby said...

Market cycles always lead to recession but I am not so sure it will be another crash on the same scale. Companies, largely through tax loopholes and wage freezes, have built up considerable cash reserves. Inlfation is close to zero so there is no need to raise interest rates anytime soon.
This housing madness is due to the 100k odd extra people a year moving to London.

Tyrwhitt Michael said...

and Time Out

GrewUpInBrockley said...

I drive by it all the time and thought it was an office.
Having said that the inside looks nice and still bigger than many of those monstrosity flats being built around lewisham town centre.
The cost is absurd but the old "bird agency" shop now renovated to 2x 4-bed houses at £750000 each is much worse.

http://m.zoopla.co.uk/#/for-sale/details/36012751?search_identifier=fc30d1cbd19c623e52d1f9a99c5cce9e

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