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Help! How much to bid?
cookie9
Posts: 764 Forumite
Found a nice flat with garden. Asking price is £290,000. Windows are old and look as if they need replacing. What is a good first bid? Do people normally bid 10% under? New to English system so sorry for draft question. Thanks.
Update - 2 bedroomed with garden in Ealing area of London. Doesn't need repainting but old electrics and windows. Average property was around £320,000 last May and around £290,000 now. Average flat £220,781 and terraced £295,874. (source wheresmyproperty.com)
Update - 2 bedroomed with garden in Ealing area of London. Doesn't need repainting but old electrics and windows. Average property was around £320,000 last May and around £290,000 now. Average flat £220,781 and terraced £295,874. (source wheresmyproperty.com)
MFW 91 op 2014 £410/1000
MFW 91 op 2015 £4051/4000
MFW 91 op 2016 £4040/4000
MFW 91 op 2017 £812/4500
MFW 91 op 2015 £4051/4000
MFW 91 op 2016 £4040/4000
MFW 91 op 2017 £812/4500
0
Comments
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The only daft questions are the ones you dont ask. However, do some research and see how much houses have sold for in the vicinity recently, that'll give you some idea. Nobody on here can tell you what might be a decent offer with the amount of info you've given I'm afraid.0
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Location? Number of bedrooms? Decorative order?
Leasehold - how many years left on the lease?"You were only supposed to blow the bl**dy doors off!!"0 -
Forgot to say 99 year lease and property has share of freeholdMFW 91 op 2014 £410/1000
MFW 91 op 2015 £4051/4000
MFW 91 op 2016 £4040/4000
MFW 91 op 2017 £812/45000
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