house not selling what can we do?

moneyistooshorttomention

jacko74 wrote: »

Surely the 'Section 106' clause is going to be a problem, limiting the number of potential buyers?

Isn't it an 'affordable housing' caveat meaning that certain criteria have to be met for any potential buyers? (young, local, FTBers)?

If that's what it is, then I would actually specifically point it out as to what it meant on the house details.

Reason being = it would draw these peoples attention to it, by making it clear to them "You cant afford a house like this in this area normally, but specifically BECAUSE of that provision then this particular house will be cheap enough you can manage one after all".

I've only ever noticed one house with that provision back in Home Area and the reason it had come up on my Rightmove search had been precisely because of the lower price chargeable for it because of the "local buyer only" provision. It was in a town in Home Area I couldn't basically afford..but I was seriously contemplating viewing that house because I thought I might qualify as "local" (being from the same county) and be able to move to that town because of that.

EDIT: Which brings up "Do define what is meant by 'local'. Do you mean from Wales/from same county/from same town"? My own personal definition is "from same county"...but other peoples might be different.

pelirocco

Jhoney wrote: »

It's really nicely presented but it as a starter family home, the garden is not child friendly and has rear access which may be a safety concern to many.

Also, the house seems to open onto the reception which is a marmite thing - however, if that's what homes in the area are like, I cannot see any reason why it hasn't sold.

Things have slowed since the new mortgage rules and Christmas is usually quieter.

Wait until spring and try offers over 110?

Surely not having rear access would put people off, imagine having to trapse garden stuff through the house. Not having a gate in a fence doesn't really make it secure

pjread

Just to mention, and really not trying to be annoying but... a search of "Sold house prices in Parc Hafod, Four Crosses, Llanymynech SY22" shows 2 sales in the last 3 years and both at under 70k, and nothing over 110k since 2007?

Maybe there's a good reason those 2 were so much lower, but it'd play on my mind if I were a potential buyer and was casually checking the area out and would be enough to convince me it was overpriced.

moneyistooshorttomention

Been checking out the competition you have currently. Count out the others in your development and I think your main competitor is:

www.property-for-sale-property-29409411.html

Tatty, but its 3 bedroom/more enclosed/no stairs into lounge set-up and cant spot any risk of boundary problems.

Its on £115,000 and I would go for that house first, though yours looks nicer because of the "I can always put in the work on it and change it" factor.

There is a nice-looking 3-storey one for £100,000, but I guess that isn't a competitor because I looked for the back garden and found no sign of one/but neighbour can use their access (whoops...that's a 'no' then.....).

Looking at other properties in your development got me wondering generally about boundary/parking problems, because one advert (at £116k) looked as if that house wouldn't even own all the space in front of it (left neighbour owning a bit of one side and right neighbour owning a bit of the other side judging by where those white lines are on that photo). I'm not a car-owner, but wouldn't want that idea. I think the photo of your front of house needs to be a lot clearer (in order to make it crystal clear you own all the space in front of your house..even if other similar houses in the development don't).

EDIT: didn't manage to get a working link. Can anyone else manage a better one, ie to the semi with a back garden at £115k? Tanyfoel Drive.

moneyistooshorttomention

pjread wrote: »

Just to mention, and really not trying to be annoying but... a search of "Sold house prices in Parc Hafod, Four Crosses, Llanymynech SY22" shows 2 sales in the last 3 years and both at under 70k, and nothing over 110k since 2007?

Maybe there's a good reason those 2 were so much lower, but it'd play on my mind if I were a potential buyer and was casually checking the area out and would be enough to convince me it was overpriced.

I rather got the impression (from viewing the houses currently on sale there) that its a village where I would have to check very carefully that all the land that was obviously mine was mine and that no neighbours had any access rights over my property. This was something that barely crossed my mind back in Home Area (in England), but here in Wales I've learnt its necessary to do very careful checking on those points, because of the much more indistinct boundaries in some places and odd bits of land that obviously belong to A but have been sold to B that happens a lot here from what I can see.

So maybe those low price houses reflected them being in an "indistinct boundary" and/or B owns some of A's land set-ups and OP's house is more "normal" in those respects.

Davesnave

moneyistooshorttomention wrote: »

Thanks Dave.

Errrrm...just tried that and it didn't work for me. Up came a list of things to select and I've not done owt like that before, so bit nervous of mucking things up. But "view image" wasn't down on this list anyway.

Only works on the small images and not the larger ones on Rightmove or the agent's site. I use Firefox.

Experimentation is part of learning. Ask any child.

Davesnave

OP, a lot of Welsh agents are, frankly, pants. I have only experience as a buyer in your broad area, and at that time Parry Lowarch stood out. I had really good service from them.

The terms of the Section 106 should be spelled-out. They vary and there's much confusion. Assumptions will be made....see this thread!

PasturesNew

It's almost the same as my house, except I'm an EoT and a smidge larger. My thoughts on what I'd be looking at:

1] Where's the floorplan? I want to know the layout of the house so I can start to think about how I'd live in it.

2] Section 106 - not sure what that is, sounds like it's some criteria-based item and I'd not be included in it, so I'd like to know. I'd assume from the start it's not a house for me to buy.

3] LPG heating - probably standard where you live, but if there are other houses/villages within 3-5 miles with proper mains gas then they'd get looked at first.

If people have got that far - then it's down to what else is on the market and at what price.

Reading the details it says you've a driveway and allocated parking - a photo of that would be a good way to let people know.

I think I'd go to view this one before yours: http://www.rightmove.co.uk/property-for-sale/property-41943226.html

Jhoney_2

pelirocco wrote: »

Surely not having rear access would put people off, imagine having to trapse garden stuff through the house. Not having a gate in a fence doesn't really make it secure

You could be right, but given how many mid terrace homes there are in UK, I would suggest most are used to that arrangement (certainly in London)and dispose of garden waste just as cleanly e.g compost, garden bag/box/bin?

Re: garden gate, someone going through a back door will raise less eyebrows than going over a fence/wall and from a children safety point of view all you have to forget to do is lock the gate.... JMO but I wouldn't want one.

Paully232000

For me it is a lovely house that you couldn't do much to improve the look of.
From what I can see in terms of sold prices in your area recently, and what is currently on offer locally your house is overpriced. This is borne out by the fact that you have had three offers for 100K.....this is possibly more in the region of the price you would sell for, not 112K.