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your opinion please

lkmc01
lkmc01 Posts: 967 Forumite
in House buying, renting & selling
this house http://www.rightmove.co.uk/property-for-sale/property-31977449.html has been on the market now for at least a few months and has already come down from 95 grand. Its got an access road between the road and its garden at the back and is a bit dated inside.

What would you put an offer in for? 60 grand?
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Comments

  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Is Property Bee working properly for people? I've still got 'work in a bee' ticked yet almost everything is coming up as brand new today for me. I need it!
    Everything that is supposed to be in heaven is already here on earth.
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    What have other houses in the street sold for?
    Everything that is supposed to be in heaven is already here on earth.
  • Mallotum_X
    Mallotum_X Posts: 2,591 Forumite
    Part of the Furniture Combo Breaker
    Have you checked how much similar have sold for? That should be a starting place to work out your offer.

    If they have already dropped by 15k, it seems hard to beleive they would accept 25% off... But if you dont ask...
  • lkmc01
    lkmc01 Posts: 967 Forumite
    i can not even get on the site
  • lkmc01
    lkmc01 Posts: 967 Forumite
    http://www.nethouseprices.com/index.php?con=sold_prices_street_detail&street=MILLINDALE&locality=MALTBY&town=ROTHERHAM&cCode=EW&year=All&house_style=All&house_age=All&search_radius=&outcode=S66&incode=7LE

    it sold for 60 grand in 2003
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    To be honest, if you insulted me with an offer like that I wouldnt sell it to you at any price.

    But that's just me
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • The_Blue_Hatter
    The_Blue_Hatter Posts: 158 Forumite
    How much are you actually willing to pay? My guess is they dont want to accept any less than 70k (unless they are completely desperate having listed it at 95k to start with). Think I would start at 62k.
  • Mallotum_X
    Mallotum_X Posts: 2,591 Forumite
    Part of the Furniture Combo Breaker
    McKneff wrote: »
    To be honest, if you insulted me with an offer like that I wouldnt sell it to you at any price.

    But that's just me

    Dont you think thats a little bit daft?
  • LMCD
    LMCD Posts: 649 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    lkmc01 wrote: »
    this house http://www.rightmove.co.uk/property-for-sale/property-31977449.html has been on the market now for at least a few months and has already come down from 95 grand. Its got an access road between the road and its garden at the back and is a bit dated inside.

    What would you put an offer in for? 60 grand?


    living room looks teeny! have you been inside the property?

    Recently seen a property that was needing so much work done, including re wiring, gch put in, redecor, gardens needed gutting and they wouldn't accept less than oo £75k....it has been empty for over two years minimum...some people are never in a rush to move so neither is their price.

    best of luck.
  • CloudCuckooLand
    CloudCuckooLand Posts: 1,905 Forumite
    To be fair to this vendor (unlike some vendors who appear in denial) now they have made that reduction, £80k is good value if you take the 2003 sale price and adjust by Land Registry HPI...it should be £85k...

    A glance at the deco doesn't show they've detracted from its value since 2003, perhaps they have even added to it.
    Act in haste, repent at leisure.

    dunstonh wrote:
    Its a serious financial transaction and one of the biggest things you will ever buy. So, stop treating it like buying an ipod.
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