MikeCardiff

iTrader: (2)

New series on tonight ( changed the name to Snakes and Ladders ) - should be a laugh this series as Beeny tries to help a load of amateurs who have bought a shed of a house for £250K, spent £100K on beige paint and nasty laminate flooring, and now find its worth £200K and nobody wants to buy it anyway...

Rob_Impreza99

iTrader: (3)

Will

Didnt know she smuggles peanuts

fatscoobfella1

iTrader: (1)

I would pay heavy cash to get between them..

She looks dirty and i will watch the new series with a semi..

Just thought i would share that!!

Ste RB5138

The reason why this programme has high viewing figures

PaulC72

The 2 reasons I think you mean ;-)

SunnySideUp

I think you will see a couple of ***** in tonights program

MikeCardiff

iTrader: (2)

What a classic episode - honestly, I think they must have scoured the country looking for such a bunch of idiots - especially the girl who just made up the price she wanted for the bungalow and believed it would sell for that ( well, she did used to be an estate agent !!! ), then despite the 3 agents telling her it was worth £50K less, still put it on the market for her original price ( and didnt come near to selling it for 12 months ! ).

Does go to show though that most of the people in the past few series have only made money because of the rising market, and it had nothing to do with their 'development' skills !

Beany is always saying that as a developer she reckons on 10-15% as being a good return on a project, yet the people on the show always think they are going to make 50% or more just by putting in a posh kitchen and painting it all beige.

And what is it with kitchens ??? The developers always say 'in a modern home, the kitchen is the heart of the house, so we need to make it huge' and the same with the bathrooms - the two rooms most people spend the least of their time in, and they make them massive, then try and squeeze in a poky living room and bedrooms only just bigger than a double bed.

fatherpierre

What was the break even point on that bungalow?

Let's add the total cost of the project and the mortgage payments from Dec 2007 when they bought it..............

Now click below and take off the usual 10%-20% that asking prices are inflated by:

3 bedroom detached bungalow for sale in Cannonside, Fetcham, KT22, KT22

I smell the sour smell of failure and massive losses

Deep Singh

sarah beeny should be ashamed of hershelf. she egged the bloke on to spend more and more on the flash glass wall in a falling market, making his losses even greater.

she then congratulated herself by saying that the rental value of the property had gone up from £2600pcm to £3200 pcm as a result of her suggested work. Never mentioned if it ever actually got rented out for that much. Pathetic

Deep Singh

I agree on the bathroom, but we spend most of our time in our 'live in' kitchen. It means the whole family is together 90% of the time, even whilst washing up/cooking etc.

It also means my journey from the sofa to the fridge for a cold stella is short.....

ALi-B

iTrader: (1)

More of a Jasmin Harman fan myself.

(although her stint in the USA is starting to take its toll a little )

LG John

What I find amusing is that in years gone buy things went like this:

Developer had ideas, Beeny made suggestions, Developer completely ignored pretty much all of them, Developer made loads of mistakes, Developer made money.

Yesterdays Episode:

Developer has ideas, Beeny makes suggestions, Developer carries out 95%+ of suggestions, Developer makes few mistakes, Developer makes massive losses.


lol

Matteeboy

We used her for a recent event. Got to interview her.
Splendid.

Timwinner

iTrader: (3)

Lat nights was a pretty good show. I am amazed that sole trader type developers had bought at that end of the market and tried to develop but I say that with hindsight.

The rich kid.... She seemed like she was rushing into things and bought the first available house, although nice places in that part of Surrey IMO will recover in no time.

The other 3...... My god.. they seemed to be crazy, there "no ever said they dont like the doors so didnt buy a house" argument was classic.

hodgy0_2

i dont care what type of house you,ve mate, but I agree -- would deffo bash her back door in

JerryTerzo

MikeCardiff

iTrader: (2)

Agree on the glass doors - I would have told her where to go - they spent a fortune on them, and they wouldn't have added ANY value to the house over a nice set of french doors - be honest, how many of us would see a triple folding door and go 'ooh, I'll pay you £30K extra because of those !'

Beany is right sometimes - but the thing about the fire doors - if you were looking to spend £950K on a house, would you NOT buy it just because one level had some cheap looking doors if you really wanted the house ? or would you just buy it and replace them with what you wanted ( rather than Beanys suggestion which was to slap some fire retardent paint on some knackered old 4 panel doors, which apparently would make anyone instantly buy the house )

Our house had some nasty wood panelling in the living room on one wall, but I didnt think 'no way will I buy this now, cos it'll cost me all of a couple of hundred quid to get that removed and the wall skimmed !'

I cant really understand why Beany, knowing the market had basically collapsed, didnt advise them to rein in their budgets and to think about saving money, rather than wasting more money on stuff that they would never recoup as the house was dropping in value every day they were working on it ???

Rob_Impreza99

iTrader: (3)

What suprised me most about her recommending those doors at a great cost to the developers is the house was heavily overlooked, those type of doors are fine when you have a nice garden to open out onto but you had houses opposite that were very close and they could look into your house very easily giving you very little privacy.

Personally i would have turned that house into 2 luxury flats given its size, you would have had no problem selling them and given house prices at the min they are a good step onto the property ladder plus you would have no problem renting them. You wouldn`t have needed those expensive doors....

I like the programme and Sarah Beeny is normally spot on, this time she obviously got it wrong in a falling market.

austinwrx

who thought that the 21 yr olds mum looked liked a crap pantomine lion ?

950K for a big terrace with no garden, no parking ? house was nice but come on ?

can't wait for next weeks disasters

Timwinner

iTrader: (3)

She did look like a cross between a bee gee and something of the Lion king stage show.

It Richmond houses like that are still selling for 1.25M all day long, but if your a small time developer that kind of money is just to much of a risk, and has been for the last year or so.