No viewings, constructive feedback required!!

witchy1066

totally agree with DRP,

the "quiet neighbours" would be a bonus to me , in fact worth an extra 5K at least

give it a bit more time , I am sure you will get near your asking price

AndyPK

The main bedroom being on the top floor would put me off.
Look nice though.
How about u rent it out for 6 months and then put it on the market.

kizkiz

AndyPK wrote: »

How about u rent it out for 6 months and then put it on the market.

Always a good idea to read the entire thread

K1RST1E wrote: »

Unfortunately the SO agreement does not allow us to rent it out, get a second mortgage on another property so our only option is to sell up.

JoolzS

Silly question - but is there a proper shower in the house? The only bathroom photo shows a mixer shower tap over the bath, but no usable shower. For me that wouldn't be a deal-breaker, but for people considering shared ownership extra costs can be. (Many, many years ago my OH and I nearly pulled out of a flat purchase because of a £350 retention on the mortgage - we simply didn't have a spare £350.)

Other than that I think it's a lovely house. I would kill for a living room big enough for a corner suite AND a two seater! The kitchen seems smaller than I'd like - but that's just my personal choice. However, there doesn't appear to be a dishwasher so adding one would mean losing a cupboard. If that's not the case then new photos are definitely needed.

K1RST1E_2

JoolzS wrote: »

Silly question - but is there a proper shower in the house? However, there doesn't appear to be a dishwasher so adding one would mean losing a cupboard. If that's not the case then new photos are definitely needed.

Not a silly question at all. If you are asking that, then people who see the house on the market will probably think the same. The 'proper' shower is in the en suite which I forgot to add pictures of on this thread. The kitchen has a dishwasher which is hidden behind the door.

We've taken new photos which now show 3 different angles from the kitchen so you can see all the space for appliances, cupboards and breakfast bar. We've also asked for the details of the house to include that all of the kitchen appliances will be staying (fridge/ freezer, dishwasher, washing machine/ tumble dryer).

I'm hoping the new photos which show every room except the small bedroom/ study and the floor plans will do a better job at 'selling' the house. By this time next week, I'm hoping to have it on the market for full ownership as well as shared ownership.

Loopylou1802

Hi,

It may be the rent putting people off. How much is your rent?

We are in the same position but ours has been on the market for over 3 months. We have had about 9 people interested in our property but only 5 turned up.

We bought our shared ownership in 2006 and since putting oour property on the market have found we are overpaying compared to others on the market based on what the initial rent was set at when we bought it. Since then they bought regulations in in 2009 saying they can not charge more than 3% but we are paying 4.36% which doesn't sound that much but with rental increases over the years our rent works out at nearly double what other new homes, for the same value, are on the market for.

We have asked our HA to buy it back but they wont even though all we are hearing on the news is that there is a shortage of homes in the country but yet there are people that want to move up the ladder but can't.

Loopy :mad:

Rachylou1981

The words 'shared ownership' would not get me even viewing a property online never mind in real life but that is down to not understanding it. The living room is lovely OP and would catch my attention and the view of the car on the drive or the kitchen boxes/towel wouldn't bother me whatsoever. Some cupboards have shelving not big enough for cereal boxes and so they can be awkward to store.

Anyway, I actually have been intrigued as to the comments on this thread and would like to gatecrash if I may (don't want to start a whole new thread).

I have three issues with my 2 bedroom terrace that I will be trying to sell next year and I want to try and get best price possible. It has been valued but the profit I make if I sell at that price will barely cover EA fees and obviously I would like to be flexible with price if possible. So I am debating on whether to do any of these expensive jobs or just save my money and lose it on the value/profit. Would any of these turn you off immediately and if so, which would be priority to be sorted:

1 I don't have double glazing - quoted £1650
2 I have damp - would cost about £3000+
3 I have no shower - my bathroom has a corner bath and wood cladding all the way round the walls making a shower fitting awkward and expensive. I love my bath and its never been an issue for me - have not had a quote but would consider it.

DRP

Rachylou1981 wrote: »

1 I don't have double glazing - quoted £1650
2 I have damp - would cost about £3000+
3 I have no shower - my bathroom has a corner bath and wood cladding all the way round the walls making a shower fitting awkward and expensive. I love my bath and its never been an issue for me - have not had a quote but would consider it.

1,2&3 are major considerations so i would imagine they put a lot of people off. Especially #2 which , although you have been quoted a price to fix, is actually an open-ended problem whiich may never go away.

Personally I like a bargain and i like the opportunity to get my hands dirty, so assuming you are willing to accept an offer of 10k+ or so less than similar 'up to date' houses then those things would not put me off.

Rachylou1981

DRP wrote: »

1,2&3 are major considerations so i would imagine they put a lot of people off. Especially #2 which , although you have been quoted a price to fix, is actually an open-ended problem whiich may never go away.

Personally I like a bargain and i like the opportunity to get my hands dirty, so assuming you are willing to accept an offer of 10k+ or so less than similar 'up to date' houses then those things would not put me off.

Thanks for the reply.

The problem is that I haven't got the funds to do one thing never mind all three (would have to save like crazy and poss use credit card) and the damp is obviously the most expensive and the most upheavel. The damp doesn't cause an issue to me as the only thing that I can see is that the paintwork on the fireplace starts to crack and I just get it replastered and painted usually every few years. I don't know what else damp really affects?

Well my house was valued at £33-35,000 (poor area up North. Ha) and my friends house round the street was valued and sold at £55,000 and she had double glazing, new fitted kitchen and no issues other than faulty lights and doors and old polystyrene ceiling tiles so I think the pricing is fair compared to others, I just am not sure if its worth my trying to increase value and making choices that a buyer can make for themselves i.e. bathroom suite, double glazing style and recdecoration after damp course and after all, the price may not increase at all and that money could have been put towards a new home

witchy1066

the damp is the main issue, unless you sell to a cash buyer, it may be hard for some people to get a mortgage without a retention ,

you say you are "up north" have you tried any of the wanted to buy adds in the local papers,

when I was selling my house I had builders knocking on my door offering me money, fortunately my house wasn't in a bad state , I originally bought it from a "do it up , sell um on builder"

might be worth asking around locally, or put it in auction