Barrow-in-Furness Cumbria UK 🇬🇧 time to sell the shop £59,950

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  • Опубликовано: 1 дек 2024
  • My shop rental in Barrow-in-Furness Cumbria UK.
    The last tenants moved on so now I can't take a mortgage as there's no proof of income to show to the bank so I'm going to have it valued and sell it on.
    it's probably worth £43,000 to £53,000 but let's see what happens,
    I have no plans to give it away for a little price I know that.

Комментарии • 31

  • @Basilius27
    @Basilius27 Год назад +2

    Sad story, it's like that all over the world. Burroughs not serving the people 😢

  • @brobeef6557
    @brobeef6557 Год назад +2

    Home sweet home!

    • @passivenomads
      @passivenomads  Год назад

      It was 10 years ago when the UK was my home it doesn't feel the same to me anymore now I'm just passing through

  • @Poosilikar
    @Poosilikar Год назад +1

    As populations go down throughout the world this story will become more and more common. Towns will become desolate and remaining people will probably move to urban centers like London. People just aren't having children.

  • @terrapinalive6192
    @terrapinalive6192 Год назад

    Hi dear friend
    You'll have nicer weather tomorrow and the following days
    I know Cumbria and Northumberland and the countryside is magnificent.
    Such a sha
    me having to sell the property .It looks fairly new..I would be happy to live in that town if there is a bookshop.I don't mind a quiet place,I prefer it.
    I hope the sale goes well.
    You don't say anything about the flight.Could you sleep?
    How is the Darjeeling tea?And the breakfast cereals?
    Looking forward to your vids from dear England..

    • @terrapinalive6192
      @terrapinalive6192 Год назад

      You say 'Barrow is going down' ,I thought,like Diego Suárez.
      If I were you I would try to rent it..and then remortgage..
      Pity to do away with property and I read the auctioneers will poket some money..

    • @passivenomads
      @passivenomads  Год назад

      I have put it for sale on the open market at £59,950 I will give it some time to sell with an estate agency as I'm not in a rush to sell at auction and lose potential profits.
      The flight was a good one with no problems I watched films and slept, the airport in Ethiopia was expensive at $25 FOR A Burger King meal, $6 for a small bottle of beer.
      Yeah Barrow is exactly the same as Diego Suarez but colder

    • @terrapinalive6192
      @terrapinalive6192 Год назад +1

      @@passivenomads That's my man.Trying the open market first,as you say there's no hurry..You are moving so quickly, visiting your properties,getting your properties ready..I guess getting up early pays off.But pls buy gloves, woollen scarf,a hot water bottle for your bed..You sound as if you had already caught a cold.
      You can drink hot milk with some whiskey or brandy just before going to sleep..The following days are not going to be very sunny.
      I read that Halifax is offering 5 years fixed rate mortgage at 4,8% ..I think is a good thing shopping around,you can search it in the internet.
      When I got my present mortgage I got it from Barclays and I persuaded them to improve their offer..You can be persuasive if you decide to be.Tell a Bank you have a very good offer from another Bank,that might make them change their mind.Say you are not allowed to say the name of the Bank...

    • @passivenomads
      @passivenomads  Год назад

      @@terrapinalive6192 thanks 😊

    • @terrapinalive6192
      @terrapinalive6192 Год назад +1

      @@passivenomads I realised after I wrote that you don't need the mortgage anymore.
      Ethiopia has gone a long way from their Marxist regime in their 70's and 80's....Those prizes for McDonald and a tiny beer (many birr).
      I know where I' m going to start a subbusiness inside the airport.I can get the zebu meat and the THB on a secret cache fright on the plane when coming from Mada..

  • @happyscrub
    @happyscrub Год назад +1

    If you going to auction it, why clean it? I figure the people bidding on it would know it's value regardless of the rubbish. That's what people do in America.

    • @passivenomads
      @passivenomads  Год назад

      I have just put it for sale on the open market for now as the agent thinks he can sell it within a few months for 60k, if he can't find a buyer I will auction it

  • @SuperBadger1983
    @SuperBadger1983 Год назад +1

    do the bank want evidence of the full years rent getting paid by tennant or are they happy with the latest 3 months? i.e. would you need it rented for 3 months before you could apply for remortgage or have to wait a full year?

    • @passivenomads
      @passivenomads  Год назад +1

      I could get a lone with just 3 months rent but there's a few reasons I don't won't to from the high likely 6% rate to the lone fees at 3% it will push me into the 40% tax bracket, I won't to get out of Barrow not have more connections.
      On top of that Barrow is having problems with shops being empty.

  • @reinerstahl99
    @reinerstahl99 Год назад +1

    ✌👀👍

  • @theunvaccinator
    @theunvaccinator 10 месяцев назад +1

    how much you get for it

    • @passivenomads
      @passivenomads  10 месяцев назад

      I sold it for £45,000 I'm happy its a small profit and all in cash, and I'm one step more away from barrow, but the cash isn't in the bank yet

    • @theunvaccinator
      @theunvaccinator 10 месяцев назад

      @passivenomads nice 1 good luck Pal the craics gone round here

    • @d0dg3st4r
      @d0dg3st4r 15 дней назад

      @@passivenomadsif you still have it get in touch

  • @veranarosa8500
    @veranarosa8500 Год назад +1

    That's a lot empty shops.

    • @passivenomads
      @passivenomads  Год назад +2

      Yes and there's many more however there's very few houses or flats to rent

    • @terrapinalive6192
      @terrapinalive6192 Год назад +1

      @@passivenomads That's your chance

    • @passivenomads
      @passivenomads  Год назад +1

      @Terrapin Alive there is a lot of opportunity in Barrow but I'm not interested in doing property here I don't have the time to buy and fix them up I will sell it and reinvent the cash elsewhere

    • @terrapinalive6192
      @terrapinalive6192 Год назад +1

      @@passivenomads you are absolutely right.
      I like the 'reinvent the cash' elsewhere..😊

  • @888ssss
    @888ssss Год назад +1

    just rent it to another local cocaine fiend ?

    • @passivenomads
      @passivenomads  Год назад +1

      I've now put it for sale / for rent and dropped the price to 55k I would be happy with 48k

    • @888ssss
      @888ssss Год назад

      the trouble is with these old houses is that the council will force you to update them to become net zero compliant, and that would cost more than they are worth.@@passivenomads

  • @revenge9431
    @revenge9431 Год назад +1

    Do u have an email address?