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Flat not selling, low viewings, thinking of changing to Foxtons?!

Hello,

I am struggling to get viewings, let alone an offer of my flat.

It is a 1 bed, postcode kt3 3rg (advertised on rightmove, the only 1 bed in this postcode, but i cannot post the link - sorry!)

It is the flat on the top left of the block.

1 bed, good transport, has loft space and a window in the bathroom. Flatbelow has been sold by Foxtons for £167k a few months ago.

My flat was on with a local agent for £174,950 for 2 months - only had 2 viewings.I moved to a different, same price in July, 1 viewing in 2 months so have justreduced price to £169,950. have 1 viewing this weekend but that's it. They arecharging 1%

I am now considering changing again to Foxtons, but they charge 2.5%. Icannot accept less than £165k as taking in to account costs i would end up at aloss, so loathe to reduce it again.

Something causing me worry is that a 2 bed flat in the next block was on for£185k but has just been reduced to £175k - however I dont know how flexiblethey are on pric - hopefully not very for my sake!

Any advice regarding how to handle agents to get a sale, or feedback of theflat would be much appreciated!

Thanks in advance!
«13

Comments

  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    For £167,000, I would hope it would have windows in every room.....

    Seriously, is this some special feature of London properties, to have a windowed bathroom?
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Details are rubbish, not really bothering to give any words/measurements.
    Too many photos of the outside. What's all that junk under your bed?
    Difficult to work out the address/location from the map/streetview, so a lot of people won't bother to keep trying to track it down.

    And.... of course, it's probably overpriced :)
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Holy cr*p. Almost £4500 per sq metre.....
  • Mickygg
    Mickygg Posts: 1,737 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    It's got to be the price!! You can't just have a house at x so you don't make a loss and expect to sell it!
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Flat 3 at No 6, also a 1-bed, sold for £167k in Jan 2007 and again in Feb 2011 for £160k. This indicates a downward trend.

    There's no sign on Zoopla of the sale a few months ago of the 'one below you'.

    A drop of £7k over 4 years suggests a further drop of around £1.75k per year, assuming the trend continues, giving a drop of about £2.6k on that £160k, so approx £158k

    In the absence of other compelling evidence that the prices of 1-beds in this development are going up, you would appear to be overpriced by around £10k or so......
  • I don't think the pictures do it justice, especially the close-ups of the entrance and number plates!

    Pricewise is reasonable for area - you're a stone's throw from Kingston - VERY expensive area.....
  • googler wrote: »
    For £167,000, I would hope it would have windows in every room.....

    Seriously, is this some special feature of London properties, to have a windowed bathroom?

    Yes, very often!
  • Yes, the photos are ridiculous. And the stuff "hidden" under the bed jumped out at me.
  • diable
    diable Posts: 5,258 Forumite
    Nice E30 though.
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