Help me remove this house from my head

Oog

I put in an offer of £165k and unfortunately someone else has noticed the 'potential' of this property and put in £170k.

http://www.rightmove.co.uk/property-for-sale/property-33629426.html

It is possible (on paper) to stretch to £175k but that is totally against all my MSE feelings!

Please tell me all the sensible reasons why I should not stretch myself, and that house prices will probably keep going down next year, and that I should only do one thing at once (babies/move house/DIY project) and that it's just a house and that I have one already...!

I am waivering.

Thanks for listening...

Doozergirl

That's not going to be me.

It's totally fabulous! Buy it. Look at the original features! You don't exactly need to move again, do you.

I wish I could buy that near here for that price. I couldn't even find a house with that much character near here.

Tygermoth

What she said ^^

edinburgher

1. There's no guarantee that £175k will get it (bidding wars still happen for the right houses)
2. House prices should continue to go down and (no offence to Hull), I can't see it bucking the trend if you can already get nice 5 beds for £175k!
3. You already have a house - leave some for us FTBs (joke)

Opinion

Yep, agreed. Hell, I might move to Hull!!

phoebe1989seb

Totally agree with Doozergirl - it has oodles of potential/original features and is an amazing price (compared to down south anyway) - you'd be silly to let it go for the sake of another few thousand as long as it's definitely still within your budget

Catblue

Sorry, can't do it.

Looks really nice. You could budget just to do one room at a time as and when you have saved up the cash.

Alternatively, you could do up the top floor first and put a bathroom in there, get 2 lodgers (maybe Monday - Friday people) in to provide an income and then tackle the rest of the house.

Not helping, are we?

skylight

Erm. Its lovely.

Perfect for me and mine and I may just look at the job market in Hull............

basil92

Oh wow..what a gorgeous house, so many original features and great potential. I'd love to live in something like that!

If you can afford it...buy it:)

Doozergirl

I've opened that link five times.

Four photographs and I can't stop looking. What's in the rest of the house!

Wistful sigh.

Buybuybuybuy. And then invite us for tea

phoebe1989seb

edinburgher wrote: »

1. There's no guarantee that £175k will get it (bidding wars still happen for the right houses)

That's very true - we looked at a repo in April that was on for £234,000 and it is now being advertised as under offer at £297,000 (in South East though) :eek: