Rat and Mouse
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Thu
31
Jan
>£5m... Gaggenau; <£5m... Miele

The secret of über-developer Lois Gosling, as revealed to the Telegraph:

"People earning huge sums want top products."

Gosling has an enviable track record, turning mammoth profits on swish properties in no time at all. As well as paying attention to the kit, she apparently works fast, claiming to go from first viewing to detailed plans, costs, finance and purchase in less than two days. She's currently selling Cornwall Gardens in Kensington, Queens Gardens in up-and-coming W2 and Langham Mansions in Earl's Court Square. If you're a budding property developer the Rat and Mouse recommends you read the Telegraph piece so you can see what you're competing against... well-connected, well-financed pros with cheap credit and ready-to-move crews.

The Lancasters - some prices revealed [January 17, 2008]
Hookahs, hookers and Tony Blair get lucky... it's Bayswater time [November 19, 2007]

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Comments

In Micawberish mood re: fabled profits on 32 Langham Mansions

Receipts: Asking Price £975K less agents fee £23K = £952K less Expenditure: nethouseprices.com show purchase in May 07 for £853K. Stamp Duty £34K, Legals £3K. Refurb of 1,062 sq.ft. @ £60/sq.ft. using contractors £64K. Costs before finance £954K. Result = misery.

Can't find purchase prices for the other coups.

Posted by david at January 31, 2008 2:47 PM


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