Cash Buyers Only

bostin

http://www.rightmove.co.uk/viewdetails-8073012.rsp?pa_n=1&tr_t=buy&mam_disp=true

?

poppysarah

It's got a bathroom and a kitchen in the photos - are they rather old?

I'd suggest ringing the EA and asking why it's cash only.

There's nearly 100 properties for sale within 1/4 mile of the place

What's it like as an area?

oilit

it looks like its in resaonable decorative order and looks to be of brick construction, so either it has a structural defect (eg subsidence) or by cash buyer they mean they want no chains.

motch

Is that the house? as the original poster didn't post the link.

Those trees look rather close to the house - any subsidence ?
needs a complete re-decorate but that would be done anyway i'd of thought.


IMO - Going to be loads of houses up for sale with large discounts anyway. Don't get your heart "set" on one particular house. There's plenty of em around.
Keep saving and see whats happens month by month.

silvercar

My guess, and its only a guess, would be that the house was built later than the adjoining terrace, possibly in the garden of its neighbour. From photo 8 you can see that an adjoining street looks to be backing on to the side of the rear garden. Photo 9 also shows that the rear downstairs windows don't match the neighbours. The RHS of the house is half the depth of the LHS, not that common in terraces. Also look at the roof line in photo 1. Normally a row of terraces would have the same roof.

I would say that there could be some problem with the deeds. The ground belonged to next door and hasn't been separated properly or there is a covenent on next door preventing another property being built on the land. SOmething that can probably be sorted by indemnity policies but would make mortgage lenders jittery.

Strapped

silvercar wrote: »

My guess, and its only a guess, would be that the house was built later than the adjoining terrace, possibly in the garden of its neighbour. From photo 8 you can see that an adjoining street looks to be backing on to the side of the rear garden. Photo 9 also shows that the rear downstairs windows don't match the neighbours. The RHS of the house is half the depth of the LHS, not that common in terraces. Also look at the roof line in photo 1. Normally a row of terraces would have the same roof.

I would say that there could be some problem with the deeds. The ground belonged to next door and hasn't been separated properly or there is a covenent on next door preventing another property being built on the land. SOmething that can probably be sorted by indemnity policies but would make mortgage lenders jittery.

It looks contemporary with the neighbours if you look at the aerial view. Also, I'd say they've replaced the original back window - you can see where the brick colour changes.

OP, just ask the EA why it says cash buyers only - they won't want to waste their time showing you round only for you to find something glaring later.

hethmar

Its probably been priced for a quick sale to avoid a chain.

mad_gemma

lol you guys are good, that is indeed the house!

thanks for all the advice, I'll have to have a word with the OH and see if he'd consider buying somewhere with me (he's got a lot more saved than I do) and see what he thinks about the place
In the meantime, I've just emailed the agency, asking why it's up as a cash only sale, just to see what they say As you all say, I dont want to waste either my time or theirs! but I'll still keep on saving for now.

you guys are good

I'll be honest, I don't need a 3 bed, I don't *actually* need a 2 bed, but I'm buying somewhere I want to stay for a fair amount of time, so figured the extra room for the, in relation, not much more, to me is money well spent. I just saw it, thought it looked rather nice from the photos (though of course they only tell one side of the story), I know the area reasonably well - it's not too bad - and around the price bracket I was expecting to be able to get to with a mortgage. hmmm!

Mutton_Geoff

The agent seems to have taken so long to walk round the house, the tree out front lost all it's leaves by the time he got to the back garden :rotfl: