Why is it so hard to sell a 3 bed semi in Leeds?

pimento

OK. Modernise it or at least do a quick makeover on the important bits (new bathroom, maybe) and get rid of the old fashioned furniture and the wreath. Or modernise one room like the kitchen to show the potential. I don't think it's worth £130k to a buyer as it is.

AdrianC

spadoosh wrote: »

Yes, its the covering above and below the living room window that makes me think its NSC.

Looks like just a tile-hung section to relieve the monotony of brick...

Rain_Shadow

Actually there is a way you could get £130k for it.


But you'd have to spend about £20-25K to do it.

moneycantbuyyouhappiness

Mortgages may get harder to come by or house prices may drop slightly.

Not many buyers will want to take a renovation project of that size on so close to the winter months.

Keep holding out and an investor will come along and snap it up for 85k next spring put 10k in it and be sitting on a lovely investment, or you could get a realistic price for it now and a buyer could make it into a lovely family home. I know which I would rather do to honour my late father's past home!!

spadoosh

AdrianC wrote: »

Looks like just a tile-hung section to relieve the monotony of brick...

The brick is recessed which suggests its paneling and not much of a conventional wall, i would doubt there is brick under the tiles. The neighbouring houses also suggest its NSC. As mentioned a frined in leeds has a similar property and hers was NSC, although as mentioned, no issues with mortgages but she did buy it cheaper than other properties nearby that were traditional brick.

NicNicP

I'm sorry but I agree with the others. It needs gutting and modernising and I'd expect the price of the property to reflect that fact. It's not even a case of repainting to freshen it up but actually quite a big job to replace both the kitchen and bathroom and remove the built in wardrobes along with all new flooring and for me a new front door too. If it was priced appropriately it would've sold.

Loanranger

Show it's potential by seriously decluttering it. All the ornaments, flowers, lampshades, tumble dryer from bedroom, old fashioned bed linen, all clutter from bathroom including loo brush, all clutter from kitchen. Once you have stripped it back to just a bit of furniture you will allow buyers to see what it could become if they modernised it.
Same with garden, weed it and put down bark, declutter the watering can etc and of course the funeral flowers.
You need to do some serious hard work in it first and simultaneously drop the price. Change the agent and get some better photos taken after you have decluttered it.
Is that insulting you or just giving an honest opinion?

seven-day-weekend

It is only 'worth' what someone will pay for it and at the moment you are not even really getting people through the door to even look at it.

No-one will pay your asking price when it needs so much work doing.

At least give it a coat of paint and get rid of the furniture (and the wreath), you may then be offered a bit more.

The house I sold was immaculate and needed nothing doing to it, but we still dropped the asking price by 10k after a month and then accepted £5k less than the new asking price, to get a chain-free sale. That's what you have to do if you want to sell it .

mattk_180

Sexyscorp66 wrote: »

Look guys
If you are just going to insult me for the sake of winding me up-don't bother!!
108 is taking the absolute puss for a 3 bedroom semi/terrace whatever and I'm sure you wouldn't even consider it if it were yours.
What I was expecting was sensible suggestions about how to sell it for 130k not people acting like !!!!!! and insulting me.
If you are really such professional punters how come you know so much more than the agents who put it on for 139 originally?-don't you think they would have told me if it was I being unrealistic at 130?

Nobody is insulting you, just telling you what you quite obviously don't want to hear. There have been plenty of suggestions on how to sell it - either do it up or reduce the price by an equal amount for the buyer to do it. That is pretty much the only thing wrong with it that you can change (apart from removing the picture with the wreath in it!).


Estate agents will more that likely always start off high. They like you to think you will get that much to get you to go with them and then drop it later when it doesn't sell.


As mentioned before, if you are not happy that it is not selling for what the estate agent has valued it at, you need to speak to them and ask them why. Either that or get a second opinion with another agent. If it's priced right then it will sell, simple as that.


I wish you the best of luck going forward.

beecher2

I think you should get rid of all the furniture and maybe replace carpets - that's what we did with my parents' house when we sold which also needed modernised. Luckily in Scotland we get a home report which gives a valuation so estate agents tend to be realistic when they tell you how much you'll get.

It is hard selling a parent's home, I found it best just to clear the house of every sign of our family and try to detach myself emotionally from the whole thing.