New build flat with no permanent parking

maisie06

No way would I buy a property with no car parking....working in a rural area with no public transport makes the car a neccesity for me. It would be the resale of the flat that would worry me.

I would rent a flat without parking for a short time if I was commuting by train and it was close to the station, but buy?? No

Running_Horse

If you buy this flat I absolutely guarantee your next property purchase will have off street parking at the very top of your list of requirements.

cherylsurrey

I know someone who bought in a development as you describe with no parking and really regrets it, when they have visitors there is no where for them to park and they have to park in the town centre and then have a 10 minute walk to their flat. There is minimal street parking, and it's always taken up.


You will also find it harder to sell as others have said in years to come. Don't let the high spec blind you to the lack of parking.

ethank

Each council has supplementary planning guidance over parking. This would not happen in my town as 1-2 beds must have at least 1 parking space - 3 beds must have 2 and so on.

You should have a look at the local authority planning guidance to make sure this complies and also read the planning documentation on the local authority planning portal.

davidmcn

cherylsurrey wrote: »

I know someone who bought in a development as you describe with no parking and really regrets it, when they have visitors there is no where for them to park and they have to park in the town centre and then have a 10 minute walk to their flat. There is minimal street parking, and it's always taken up.

To be fair, this is pretty normal with any inner city property even if you do have a space for your own car e.g. I have a permit allowing me to fight for an on-street space somewhere vaguely near my flat, but my visitors have to pay and display (on weekdays). If you want a property with oodles of spare spaces for cars then you need to be looking further out of the centre.

yamsteroo

So parking is important to you. You've looked at options for no car, garage and leased parking and none of those really suit your needs which would suggest this isn't the property for you regardless of how nice the flat is.


Looking at how much debating and soul searching you're doing with the chance of a 10yr parking lease, when it's a 5 or 4 yr lease left I'm pretty sure you're only chance of selling is to someone who doesn't have/need a car which cuts your potential market down considerably.


If it was me, I'd look elsewhere and not be swayed by the shiny new development.

Jam88888

maisie06 wrote: »

No way would I buy a property with no car parking....working in a rural area with no public transport makes the car a neccesity for me. It would be the resale of the flat that would worry me.

I would rent a flat without parking for a short time if I was commuting by train and it was close to the station, but buy?? No

Running_Horse wrote: »

If you buy this flat I absolutely guarantee your next property purchase will have off street parking at the very top of your list of requirements.

cherylsurrey wrote: »

I know someone who bought in a development as you describe with no parking and really regrets it, when they have visitors there is no where for them to park and they have to park in the town centre and then have a 10 minute walk to their flat. There is minimal street parking, and it's always taken up.


You will also find it harder to sell as others have said in years to come. Don't let the high spec blind you to the lack of parking.

I totally agree why you all, although we would only buy with the option to take the garage, there is still the issue in years to come when reselling and not knowing if there are any long term plans regarding the garage/parking. Even if they extend the 10 year lease, there is every possibility the annual cost of renting the space will go up, which I feel will have a negative effect on reselling.

Jam88888

yamsteroo wrote: »

So parking is important to you. You've looked at options for no car, garage and leased parking and none of those really suit your needs which would suggest this isn't the property for you regardless of how nice the flat is.


Looking at how much debating and soul searching you're doing with the chance of a 10yr parking lease, when it's a 5 or 4 yr lease left I'm pretty sure you're only chance of selling is to someone who doesn't have/need a car which cuts your potential market down considerably.


If it was me, I'd look elsewhere and not be swayed by the shiny new development.

Yes, this is pretty much spot on, we liked the flats so much, I think we were just trying to find a suitable option for car parking not only now but in the future, but there doesn't appear to be one. You've summed it up well.

prowla

Jam88888 wrote: »

Yes, this is pretty much spot on, we liked the flats so much, I think we were just trying to find a suitable option for car parking not only now but in the future, but there doesn't appear to be one. You've summed it up well.

What a shame that the developers didn't take into consideration the practicalities that people would have to live there!

missbiggles1

Dan-Dan wrote: »

Well exactly , and this is the viewpoint that developers (along with brown envelopes) push to get their plans approved in the first place

The whole system stinks

Discouraging car use in city centres is an admirable thing and to be encouraged.