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Cut-price Segal house - but what is the reason?

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Letters

The late arrival of my local freesheet (Streatham, etc Property Guardian, Thursday 11 October, pages 14 and 15) may have deprived you and AJ readers of this rare opportunity to snap up one of Walter Segal's detached Lewisham houses at about half the local asking rate for spec builders' terraced houses.

But it might be enlightening to ponder whether this 'extremely competitive guide price' at auction reflects Segal's genius at value for money, or the drastically cheapo attempt at what is really wanted.

Dan (Vivian) Levett London SE21

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