House not getting many viewings...issue?

Mickygg

Price price price. If you are on the same as another property that's similar that also hasn't sold, it has to be price. Unless of course there is something big like an electricity pylon in each back garden.
Property looks well presented in my opinion.
You should be getting more viewings than that, people are not viewing as price is not enticing them and they can get better vfm elsewhere.

alchemist.1

This is one which will have to take a hit on price. Quite a big hit aswell.

The house is presented well enough its just the area.

Grumpelstiltskin

Another thing that would put me off is the fact that there is only pedestrian access at the front, that screams 1970's social housing to me.


I think unless you are extremely lucky your only market is buy to let landlords and they will only be prepared much much less than you are asking.

booksurr

the end of terrace house sold in 2003 for 33k. They are now asking 80k. That seems a lot especially when you consider that the same style of house was selling for 69k only 3 years later. Obvious;y we do not know if 33k was a right to buy price but even so that is a big jump

yours is mid terrace and so would instantly put me off, furthermore you appear to be one of those types of council house where owning a car was not expected so you front a walkway not a road. Presumably you have to park somewhere else and risk the car being vandalised every time? the fact the other property is "worth" only 80k yet has fitted a burglar alarm also implies the sort of area it is in?

compared to the other house your pictures do not help. Look at how their bedrooms are presented compared to yours. You are selling a 3 bed yet show only 2 and the second one you do show is useless at showing the scope of the room. Look at the other property, it clearly shows built in wardrobes in both bedrooms thereby instantly showing how big those rooms actually are.

Pics 11 & 12 confirm my suspicion from the floorplan that the design of your house is poor. There is massive waste of space in the hallway at the expense of a small kitchen and a lounge diner which appears long but narrow. The bedroom therefore are bigger than I would have expected since they have the whole footprint of the house to use, whereas downstairs is poor

in conclusion yours appears to offer reasonable sized bedrooms (poorly marketed) in an area that is not desirable and has little competition. This being the only other 3 or more bed within 1 mile and is so different it is hard to compare as yours obviously is a cheaply built property that now needs money spent on insulation etc, whereas that is an older and smaller one which may need extra insulation but was probably built to a better standard than yours

go out to a 3 mile radius and despite the fact St Helens estate agents seem to regard 80k as the price for any 3 bed on their books I think this one is streaks above yours and would not bother looking at yours as a consequence

antilles

booksurr wrote: »

the end of terrace house sold in 2003 for 33k. They are now asking 80k. That seems a lot especially when you consider that the same style of house was selling for 69k only 3 years later. Obvious;y we do not know if 33k was a right to buy price but even so that is a big jump

yours is mid terrace and so would instantly put me off, furthermore you appear to be one of those types of council house where owning a car was not expected so you front a walkway not a road. Presumably you have to park somewhere else and risk the car being vandalised every time? the fact the other property is "worth" only 80k yet has fitted a burglar alarm also implies the sort of area it is in?

compared to the other house your pictures do not help. Look at how their bedrooms are presented compared to yours. You are selling a 3 bed yet show only 2 and the second one you do show is useless at showing the scope of the room. Look at the other property, it clearly shows built in wardrobes in both bedrooms thereby instantly showing how big those rooms actually are.

Pics 11 & 12 confirm my suspicion from the floorplan that the design of your house is poor. There is massive waste of space in the hallway at the expense of a small kitchen and a lounge diner which appears long but narrow. The bedroom therefore are bigger than I would have expected since they have the whole footprint of the house to use, whereas downstairs is poor

in conclusion yours appears to offer reasonable sized bedrooms (poorly marketed) in an area that is not desirable and has little competition. This being the only other 3 or more bed within 1 mile and is so different it is hard to compare as yours obviously is a cheaply built property that now needs money spent on insulation etc, whereas that is an older and smaller one which may need extra insulation but was probably built to a better standard than yours

go out to a 3 mile radius and despite the fact St Helens estate agents seem to regard 80k as the price for any 3 bed on their books I think this one is streaks above yours and would not bother looking at yours as a consequence

Thanks, that's really good and useful feedback. You've spotted a number of things there I hadn't thought about and the estate agents didn't consider. I think I should be paying you, not my estate agent!

I think you're probably right, 80k seems to be the stock price in the area. I think a big reduction is in order now if I'm hoping to move soon, and maybe see if I can something with the room layout too.

Thanks!

LittleMax

booksurr wrote: »

compared to the other house your pictures do not help. Look at how their bedrooms are presented compared to yours. You are selling a 3 bed yet show only 2 and the second one you do show is useless at showing the scope of the room. Look at the other property, it clearly shows built in wardrobes in both bedrooms thereby instantly showing how big those rooms actually are.

But as the other house is sitting there not selling either, changing the pictures to look like the neighbours would be a pointless waste of time. People viewing will look at both and see that the rooms are probably the same. I certainly look and see 2 almost identical houses and would need to view both to decide between them - the end of terrace would probably be the deciding factor.

However as others have said the market is probably BTL landlords; they buy with their heads not their hearts - so no amount of tweaking the photos will do anything for them - the sums don't stack up.

[Deleted User]

If the other one is up for £80k and is end of terrace, then asking a similar amount for your middle of terrace is unlikely to work.

getmore4less

Obviously location from what you have said, it will need to be much cheaper than the places in the nicer areas.

Unless there is some redeeming thing about the location like near the BEST school in the area.

Local people just wont look in the bad areas unless they can't afford the good ones.

Some out of town people will look then do research and move on o look at other areas..

When I first moved to my town 20+ years ago the agents pushed the dodgy areas first as they are the hard sell.

DUTR

antilles wrote: »

Hi everyone

I put my house up for sale around 14 weeks ago (first week in June). It had 2 viewings in the first few weeks, then none for a long time.

Another estate agent convinced me to go dual agency with them in beginning of September, they thought the description of the house was poor and a floorplan and some better angled photos would sell it. A month later, I've had just 1 viewing through them, so the promised stampede never happened.

It's on all the main portals (Rightmove, Zoopla) so it's not like it can't be seen.

The house has been renovated completely and the feedback I've had indicate that it's done to a very high standard. However it's not in a desirable area (mainly social housing, only a handful of properties owned) - best house on worst street, if that makes sense?

Both estate agents think the price is OK, but I'm not convinced. It was up for 85K, then reduced to 82.5k, now reduced to 79,995. There is an almost identical property over the road which is up for 80K and it's been sat there for 6 months.

Any thoughts on what the issue could be? I am guessing price here but I've no sure way of telling. I've had no feedback saying that the house is overpriced. But saying that, I've had only 4 viewings in 14 weeks and two of those left no feedback. Not sure if that's good or bad but I suspect it's bad.

Any thoughts? And if did reduce, is it best to reduce in 2.5K increments, or should I just go straight for a 5k cut to 75k? 75K is really as low as I can go without dipping into investments to finance the next house. Saying that, I wan't to be out by Christmas too.

Thanks

It's a nice looking house (prefer the look of the neighbours exterior though both sides) , I too think the asking price is too high, considering it was £50k 2 years earlier, house buyers are not just going to magic the money from nowhere.
There is a higher than average % of rented accomodation , I'm now EA but I suspect £70k asking is about reasonable all things taken into consideration.

blueblazer

Don't know the area but has to be the price. Problem is that you have spent a bit doing it up nicely and sure this is reflected in price but most people would rather pay less and have a house to do up themselves.