opinions on this bungalow

poppysarah

motherofstudents wrote: »

thanks, I'm assuming a new boiler would be needed and a rewire but that's no problem. When we rang esate agents to book the viewing they seemed to think it wasn't suitable for first time buyers but said you can view it if you want ! I would not like that if it was my house they were selling.

Maybe it's got something wrong with it that - or they think ftb need something with no work to do.

Maybe the value is less than the asking price and FTB won't get mortgage enough for it.

Who knows.

But I'd get a systtem to record calls and then ask politely why they think it's not for FTB.

motherofstudents

Thanks to everyone for replies. We went to view today and the boiler is fairly new also wiring looks good but would get it checked. I saw the guy (working class) on the roof and next door is full of moss so I guess that's what he was doing. The main problem was damp - a very damp smell on going in and black on the walls in various places. The estate agent said condensation which most of it probably is but my son had a good look and says the dpc has been bridged and it would be no problem to fix. Next door and house further up both have loft conversions with a dormer and the pitch of the roof should be ok, they have 2 bedrooms up there. My bungalow would be much more difficult to do as the roof pitch is a lot less. So, the girlfriend has to view on Saturday (she has mentally moved in already) and they have to see if they can get a mortgage so we will await developments. Thanks everyone.

C_Mababejive

Urrgghh..i can almost smell the stale urine.

I wouldnt pay £120k for it.

Start the bidding at £95k

JMR52

C_Mababejive wrote: »

Urrgghh..i can almost smell the stale urine.

I wouldnt pay £120k for it.

Start the bidding at £95k

Agreed completely.

ReadingTim

The decor and the 'no onward chain' suggest the owners are/were elderly, and have either moved into residential care, or have died. In either case, they won't have lived in the property since it's been on the market, so the lack of people in it will explain the damp smell and feel about the place. Obviously, a survey will reveal if there are any real damp problems, but chances are that a good airing of the place (windows open all day), a quick wash down of the walls and having the central heating on will sort all of that.

Doozergirl

motherofstudents wrote: »

Next door and house further up both have loft conversions with a dormer and the pitch of the roof should be ok, they have 2 bedrooms up there. My bungalow would be much more difficult to do as the roof pitch is a lot less. So, the girlfriend has to view on Saturday (she has mentally moved in already) and they have to see if they can get a mortgage so we will await developments. Thanks everyone.

Ok. Is it the other half of the semi that sold or the other side?

If it's the other side of the semi - then it sold for £142k was it? at the peak of the market with additional bedrooms. That combined with the remedial work needed on this house, are you confident it's worth what they are asking for it?

andy208833

I bought something similar in 2005, i reckon you will have to do what i did:
Rewire electrics
New Kitchen
New central heating
Decorate throughout

Provided you are prepared to put the work in and have the money to do so looks like a good buy to me although i would start at £100k for offers. I would also advise a full survey to make sure there were no surprises.

motherofstudents

Thanks guys, it is on the market for 120k but there is no way they would offer anything near that!

Girlfriend's mother rang to make appt to view and asked what they would be likely to accept (I would not have done that). Estate agent said 110k. Apparently there was an offer on it but the buyer's sale fell through. It was the other half of semi which sold but that is not the one with additional bedrooms. The agent said done up it would be worth 135k which I assume he has exaggerated. As my son is a commercial building surveyor he has checked it out and knows what is needed. I was thinking of 100k for first offer and maybe go up slightly to 102 or 105 but not any higher. Of course they are excited but I don't want them to get carried away especially when prices don't seem to be increasing. 95k? maybe, would that be an acceptable level to go in at ? what a headache but thanks for all your input.

bristol_pilot

That place looks grim, I don't think I'd buy at any price.

Davesnave

bristol_pilot wrote: »

That place looks grim, I don't think I'd buy at any price.

In a nutshell, that reaction is what can make doer-uppers a good buy.

I inherited a bungalow like this one. I'm sure nobody would have wanted it as it stood, except a developer. The application of £10k and a bit of hard graft made it a completely different proposition.

Do you think we should dispose of buildings after 40 years or so, just because of their cosmetic appearance?