Maybe I've got the wrong house - it's not with a local agent - outfit called Luxe Residential in South Woodford. we're looking to buy on that side of the tracks (and are kicking ourselves that we didn't bite the bullet last year as everything seems out of our range where last year we could have afforded it.

I got an e-mail form Rightmove last night about this one - it's on for £685k so if you go onto Rightmove or Zoopla and do a search in that price bracket for SE23 you'll see if I'm talking about the right property or not.

I'd actually be surprised if they recouped their costs - from recollection, it was on for around the £700k mark last time and even allowing for the actual price paid being less they'll have spent a fair bit on architect and planning costs. My view is that this was just a very bad buy from a developer who didn't do his due diligence properly and is now trying to extricate himself as painlessly as possible