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House on for £290,000 one down the road £250,000
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So went to see it on Saturday - having seen a few of these lovely cottage type houses. It was SO tiny! the main bedroom upstairs just fitted in their double (not kingsize bed) and could barely fit a single bed in the second. Bathroom was huge. Needs lots of work and VERY expensive. Would benefit from being extended but very little room to increase the value even if you paid £290,000 or £35,000 under asking. Parking is a nightmare - it is right up that steep hill with only one space. Basically we just can't do it. However I also looked at this one - http://www.rightmove.co.uk/property-for-sale/property-40377885.html?premiumA=true and surprisingly I loved it. Hate the garden but it has been an awful lot prettier in the past. It is a great size and lots of natural light and although far more modern its not too bad if that makes sense?
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Hmm, interesting one this. Loads of character.
Nice-looking house, but hard to work out the layout without floor plans.
Alarm bells ringing though: It needs two huge wood-burners and partial central heating to keep warm (which rooms have CH and what heats the rads)?
Sloping garden above house with lots of plants that love wet conditions - if you see this post before going to view it, Sparky, take a damp meter with you!
..Good Luck!
Hi Robin - it has two as they use it for all heating and hot water! With an alternative for when its too hot to do so as a money saving way of heating. The lack of floor plans is for two reasons a) because no one would view it if you saw how small upstairs was and b) they use a very cheap online estate agency which seem lovely but don't offer that kind of service.
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Brightspark87 wrote: »So went to see it on Saturday - having seen a few of these lovely cottage type houses. It was SO tiny! the main bedroom upstairs just fitted in their double (not kingsize bed) and could barely fit a single bed in the second. Bathroom was huge. Needs lots of work and VERY expensive. Would benefit from being extended but very little room to increase the value even if you paid £290,000 or £35,000 under asking. Parking is a nightmare - it is right up that steep hill with only one space. Basically we just can't do it. However I also looked at this one - http://www.rightmove.co.uk/property-for-sale/property-40377885.html?premiumA=true and surprisingly I loved it. Hate the garden but it has been an awful lot prettier in the past. It is a great size and lots of natural light and although far more modern its not too bad if that makes sense?
You do get much more bang for your buck with modern property, and it's usually more economical to heat and maintain. No way is a multifuel or wood-burning stove a cheap way to heat, unless you own a wood.
With the modern one, the railway behind means protection from development I'd imagine, but it's a busy line. There's potential still to be realised without spending a fortune.0 -
You do get much more bang for your buck with modern property, and it's usually more economical to heat and maintain. No way is a multifuel or wood-burning stove a cheap way to heat, unless you own a wood.
With the modern one, the railway behind means protection from development I'd imagine, but it's a busy line. There's potential still to be realised without spending a fortune.
I did wonder that - I know how much my mum spends on wood a year and she uses it just for warmth along with central heating.
that train line is actually not very busy - think there is a total of 20 trains a day? But that may be the agent up selling..... Shame as it just looks SO messy and horrid out the back - worse than when I lived in London in a shared flat and we backed onto the train line.
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Brightspark87 wrote: »I did wonder that - I know how much my mum spends on wood a year and she uses it just for warmth along with central heating.
that train line is actually not very busy - think there is a total of 20 trains a day? But that may be the agent up selling..... Shame as it just looks SO messy and horrid out the back - worse than when I lived in London in a shared flat and we backed onto the train line.
Coincidentally, I felled an ash tree yesterday and blocked the road temporarily, when a farmer came along with a trailer load of logs. I said they looked a fine load, but he replied, "Loike you, oi 'ad to take 'un down 'for ee fell, otherwise I wudn't hev bothered, with oil at 22p/litre!"0 -
Thanks for that Dave!
So major spanner in the works..... Original house back on the market today she did get her job in cambridge and is on for £285k rather than £290k and will accept offers of c£280k.
It has its issues. I think £275k is more like the real price but do we really need the hassles of this older house? the seller herself seems rather awkward too.
But honestly, my heart says this one is more us than the more modern one.
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Going to see both houses again today and seeing how we feel....
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Brightspark87 wrote: »Going to see both houses again today and seeing how we feel....0
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Brightspark87 wrote: »Thanks for that Dave!
So major spanner in the works..... Original house back on the market today she did get her job in cambridge and is on for £285k rather than £290k and will accept offers of c£280k.
It has its issues. I think £275k is more like the real price but do we really need the hassles of this older house? the seller herself seems rather awkward too.
But honestly, my heart says this one is more us than the more modern one.
How will you feel if she accepts an offer of 282k, your surveyor says it's only worth £275k and she won't negotiate on the price?
Never mind your heart, can your bank balance cover a shortfall between the valuation and asking price if this woman point blank refuses to negotiate and it turns out you were right about the value all along? If it's a definite no, I'd walk away as you'll then waste money on professional fees.
A nice modern house can have all kinds of problems that aren't visible to a layperson. I bet a rural property can have a lot more that's wrong with it! The issues you mentioned like the roof may or may not be reflected in the price. You won't know until you're incurred money on getting a survey and valuation done.
She doesn't sound like she'd negotiate if the survey came back with problems...0
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