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    Would you buy a home close to an electricity substation???
    • #1
    • 27th Jul 07, 12:56 PM
    Would you buy a home close to an electricity substation??? 27th Jul 07 at 12:56 PM
    Hi all,

    I have recently been viewing a 4 bed home in need of renovation, which has loads of potential and is going for around 20k less than market rivals.

    However, on closer inspection there is a small electrical closet, aka substation at the bottom of the garden. Well when I say at the bottom of the garden, I mean it's actually in a fenced off enclosure backing on to the garden.

    What is the general consensus, about buying/selling near such things? Has anyone any experience. I spoke to two different agents and one denied all knowledge and the other hinted that it could reduce the house by up to 20% when it comes to re-sale.

    Any thoughts???
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