Cheap house - should I buy?

Milliewilly

poppysarah wrote: »

Have you done the research to show this?

Why would you want to live there in the future with the 'Jeremy Kyle' neighbours if you are lucky enough to have £80K cash free to buy an additional property?

I wouldn't touch it personally from the description you have given. If the house is going into Auction at £85K the reserve will most likely be less than £80K anyway.

Milliewilly

WhiteCat wrote: »

Does it need modernising? Houses with hideous decor from the 60s and 70s will need gutting and starting again.

Also, does it stink? Cats and dogs can make a place smelly, especially if an unneutered Tom has lived there.

Does it have damp or rodents?

Does it look well built or have cracks?

Check if it is likely to flood

Has it been unoccupied for a long time?

What are the houses like around it? One street can be THE street to live in and another can be the 'wrong side of the tracks'

Is it near a train track? Or a main road? Screaming kids? - check for trampolines from the aerial shots.

:rotfl:I thought I was the only one who google earthed for Trampolines! Having had to endure the 'delight' of a trampoline next door with kids popping up over the fence every 5 seconds its something I now look for.

Debicj

Milliewilly wrote: »

Why would you want to live there in the future with the 'Jeremy Kyle' neighbours if you are lucky enough to have £80K cash free to buy an additional property?

I wouldn't touch it personally from the description you have given. If the house is going into Auction at £85K the reserve will most likely be less than £80K anyway.

Around here £80,000 can't get me much - maybe a 1 bed flat which won't be big enough. In all honesty I can't see the main problem neighbour being around for long (not in good health). Without this one the other one wouldn't have anyone to argue with.

We also have the 'trampoline' problem where we live. But I can't complain, my kids have been through that stage and everyone had to put up with them :-)