Unable to sell our house

BakerBoy

Some great advice above. I bought last summer and when looking at properties online I was attracted to the words 'attn investors' as I thought I could get myself a bargain. I would say that you need to change that to emphasise the quality of your interior.

I have lived in houses with right of access and it can be a pain. If, as you say, the access to the other properties is fenced-off and separate from the area of garden that you use then I would only detail the passage giving 'access to neighbouring property', and possibly who owns it. Get your back garden nice and tidy and get a photo of it online. I would only mention the right of access once you get the potential buyer to view. I say that from being a buyer to live in, not an investor. If you have buyers from the area then that right of access may not be an issue, they may be well-used to it.

Davesnave

BakerBoy wrote: »

If you have buyers from the area then that right of access may not be an issue, they may be well-used to it.

No, sorry, for the second time, it's not something peculiar to the locality.

But anyway, how is this different from the many thousands of miles of shared pedestrian walkways that exist in this country? One could argue that it's better, as a simple lockable gate across the entrance, with keys held by the relevant householders, makes it far more secure.

The most dodgy walkway is a public footpath which actually goes somewhere else, giving ne'er-do-wells an easy means of escape, as planned into many late C20th estates!

Or, of course, there's the sort of access which goes right across a garden, but we're not looking at that here.

jackyann

I agree with better days.

Of course, OP, I don't know your exact financial circumstances, but if you sold at a reduced price, could you get something that is a step up, even if not exactly what you would like? That might then position you better for another step.

I am not ignoring the issues & costs of factoring in another move - just thinking around the problem. It is one that I faced 40 years ago.

I know the housing market is very different now, but the house price inflation of the early 70s was huge.
We bought our first house in 1973. We would have expected by 1978 to have got at least 50% more, and many were selling at 75% more. However, an unusual factor about our house (long story) meant that eventually we sold it for exactly what we paid. Issues around jobs meant we had been unable to save, so we had exactly the same amount for a deposit, but thanks to a good job coming through, were able to get a slightly higher mortgage.

So instead of the leap up we had expected, we got a house just a notch up. We made some good friends, and 5 years later were able to move to a better house.

I share this story just in the spirit of sharing thoughts. It may or may not be helpful.

SEGGA1986

Suarez wrote: »

I hate properties which show a range as the guide price. Why do they do this? I wouldn't know what to offer.

I know this is stupid as even though it says £45,000 to 50,000 people have still made offers below that £45,000 mark
They say it's so we get a realistic offer in the middle of that fat chance

SEGGA1986

It is leasehold and has 999 years remaining so will never bother anyone in our life time
From having it listed with past agents they have always included a garden view and the size of it.

Thanks for all your lovely comments and helpfulness it's very much appreciated x

going_nowhere_fast

I can't offer any advice but wanted to make you aware that there are others in similar situations, namely me!!

I am the token 'worker' currently living on a street which I expect to appear on a benefits TV show one day. My house is one of four that is owned, all the other houses on my street are rented and though some tenants are lovely some are horrendously anti social. The area in general is becoming almost entirely owned by landlords. My house is worth less than I bought it for and because the area is becoming owned entirely by landlords when I sell realistically my only real option is to sell to a private landlord which will mean an even lower selling price.

It makes me sad and worried we're stuck here forever because of how much I will lose on the sale price of this house. Moving just isn't an option financially for me at the moment.

You have a lovely home and personally I don't think any of your photos need redoing. It might be worth seeing if the council or housing assosiation are interested in buying to rent out. That is an avenue I will look at in the future.

Jason74

Unfortunately, if your house hasn't sold after the amount of time you have had it on the market, the price is higher than the market will accept, and your choice is keep it or accept a lower price. I know that doesn't help you much, and I do feel for in that sense of feeling "stuck", but sadly, it really is that simple.

penguingirl

Why don't you have a floor plan?

moneyistooshorttomention

going_nowhere_fast wrote: »

I can't offer any advice but wanted to make you aware that there are others in similar situations, namely me!!

I am the token 'worker' currently living on a street which I expect to appear on a benefits TV show one day. My house is one of four that is owned, all the other houses on my street are rented and though some tenants are lovely some are horrendously anti social. The area in general is becoming almost entirely owned by landlords. My house is worth less than I bought it for and because the area is becoming owned entirely by landlords when I sell realistically my only real option is to sell to a private landlord which will mean an even lower selling price.

It makes me sad and worried we're stuck here forever because of how much I will lose on the sale price of this house. Moving just isn't an option financially for me at the moment.

That is one of the reasons I sold my last house (there were several major ones), as I had reached the stage of weighing-up the fact that there are several very "middle class factors" at play in that particular little area:T (ie that suited me fine personally) v. I could see that there was a higher proportion of renter houses than there had been when I moved into the area on the other hand and honestly wasn't sure which side that particular little area would "sway towards" and didn't want to take the risk of it swaying in the opposite direction to what would suit me personally.

I shall study that area again closely in a few years time and see what way things went or whether I misjudged on that front and it went the "other direction" to what I personally judged it would.

going_nowhere_fast

moneyistooshorttomention wrote: »

That is one of the reasons I sold my last house (there were several major ones), as I had reached the stage of weighing-up the fact that there are several very "middle class factors" at play in that particular little area:T (ie that suited me fine personally) v. I could see that there was a higher proportion of renter houses than there had been when I moved into the area on the other hand and honestly wasn't sure which side that particular little area would "sway towards" and didn't want to take the risk of it swaying in the opposite direction to what would suit me personally.

I shall study that area again closely in a few years time and see what way things went or whether I misjudged on that front and it went the "other direction" to what I personally judged it would.

You did the right thing. It is politically incorrect to say anything negative about rental properties but the reality for a lot of rental areas is that the landlords don't live in that area themselves so don't care about the street, the area or what kind of tenants they rent to. All they care about is they get the rent. The tenants stay for 6 to 12 months then move on so don't care either.

I envy you being able to move, I'm trying to stay positive but its hard.

I hope the OP finds a way to lower their asking price and move.