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Bungalow not getting any viewings feedback appreciated

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Comments

  • Tiners
    Tiners Posts: 232 Forumite
    It is a lovely house.

    I really wouldn't worry too much about finding a buyer and a achieving a successful sale, all you need to do is market it at a sensible and realistic asking price in line with other recent comparable sales. Which would be about £80k less than the current asking price imo.
  • MichLambo
    MichLambo Posts: 7 Forumite
    Re wages in Ramsgate, two streets away from us is Broadstairs, a similar property would be around £60 -£100K more so that is irrelevant really. But thanks for your input.
  • ACG
    ACG Posts: 23,714 Forumite
    First Anniversary Name Dropper First Post I've helped Parliament
    Unless there is something we can not see, there is nothing wrong with the property.

    So what else would be preventing offers/viewings? It is the price. I think based on the neighbours who sold recently, yours is probably a fair bit over priced.
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  • fairy_lights
    fairy_lights Posts: 9,220 Forumite
    When this is for sale less than half a mile away, OP's house is definitely overpriced
    http://www.rightmove.co.uk/property-for-sale/property-60733315.html
  • TrickyDicky101
    TrickyDicky101 Posts: 3,512 Forumite
    First Anniversary First Post
    When this is for sale less than half a mile away, OP's house is definitely overpriced
    http://www.rightmove.co.uk/property-for-sale/property-60733315.html

    That's not comparing like with like though - the OP's place is detached. For me (and many others - but not everyone I acknowledge) being attached would be an immediate deal-breaker.
  • MichLambo
    MichLambo Posts: 7 Forumite
    The link is for a semi detached new build house with no secure outside space (no rear garden), they are very nice places and done to a high standard but they have been on the market for ages. Bungalows do generally achieve a higher price than houses due to the amount of land needed to build them! Re dining room: the lounge is quite large and would easily accommodate a dining area, maybe that's the answer. perhaps if we rearrange the lounge and put a dining area in that would help
  • I have reduced by 10K see if that helps!
  • mishkanorman
    mishkanorman Posts: 4,155 Forumite
    The room sizes look good, utility is a bonus so make sure you talk that up, I'd want the guest bedroom to be labelled master bedroom (even if you dont use it as such) and perhaps move the sofa so its facing the tv and pop a table and chairs behind it - get rid of the sofa chair you have in there at the minute so its not too cramped.

    You may just find you've hit a slump in the market, I wouldnt worry about the price at this stage
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  • Surrey_EA
    Surrey_EA Posts: 2,042 Forumite
    First Anniversary First Post
    MichLambo wrote: »
    I have reduced by 10K see if that helps!

    Probably not enough, in my opinion. Anyone who was looking up to £315k, would have viewed the property details when it was listed at £325k. From £325k, the next reduction to make a material difference is to £300k/£295k.

    I would also lose the "offers in excess of" prefix. Buyers either find it confusing, or ignore it altogether.
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    First Anniversary Name Dropper First Post Photogenic
    MichLambo wrote: »
    The link is for a semi detached new build house with no secure outside space (no rear garden), they are very nice places and done to a high standard but they have been on the market for ages. Bungalows do generally achieve a higher price than houses due to the amount of land needed to build them! Re dining room: the lounge is quite large and would easily accommodate a dining area, maybe that's the answer. perhaps if we rearrange the lounge and put a dining area in that would help

    It might well do, i think it would even be worth getting rid of the larger living room suite and replacing with a much less bulky one. Given the amount of money you might save, that could be a very good investment (much less than your £10k reduction for example) , if you can, please forgive me, no offence meant, fool someone into thinking its a three bedroom :D
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