Anything wrong with that house?

oliniusz

zagubov wrote: »

I can only imagine the only reason there aren't more of them is that there's not much new land for building on in London.

They would rather split any available space here into shoe boxes and rent them as lovely studio flats for professionals located in an exclusive area

ScorpiondeRooftrouser wrote: »

Well it needs to be more, then. I know that in my sector plenty of people on about 60K in London apply to us thinking they can get 40K, and they are nowhere near close to being worth that, in this area. I know I could easily get double my current salary in London but I still wouldn't want to.

Kind of like catch 22 to me, all the IT sector and fintech startups want to operate in London as you have resources there and all the people need to work there as that is where you have the jobs located.

I go sometimes to Birmingham to visit my friends and you can feel it's a different England there.

ProDave

I have had a look at hose photos.

I would say there is a problem with the lintels over the downstairs door and window openings, and the brickwork above the openings is sagging.

I am not a surveyor, but I would expect a proper repair to be new lintels, the blockwork above re laid and the render re done. Many £thousands. A cheaper repair may be just to re point the blockwork and monitor the situation for further movement with no guarantee that it would do any good and might just defer a proper repair.

I would walk away. It would not surprise me to find this is an issue that would force a lender to put a retention on the mortgage. I think this is something the vendoe should fix.

If you still want to go ahead, get a builder to estimate for replacing the lintels nd re doing the blockwork and youe offer should be no more than market value (when repaired) less cost of repair.

jimbog

With all the properties available in that part of London it puzzles me why you would be interested in a property which is a headache already

oliniusz

I need to sit back and digest it all but I'm thankful for all the info from you guys.

I'm still looking for other houses too. If I filter for +1 bed semidetached or terraced house up to 350k to find a property in a close proximity to a tube / train station then the options are getting sparse.

Probably I will need to include maisonettes and flats to have a better choice but I'd like to exclude shared freeholds, noisy neighbours above/around a bedroom and no garden.

http://[noparse]ww[/noparse]w[noparse].rightmove.co.uk/property-for-sale/map.html?minBedrooms=1&propertyTypes=detached,semi-detached,terraced&channel=BUY&index=0&primaryDisplayPropertyType=houses&retirement=false&includeSSTC=false&partBuyPartRent=false&sortType=2&viewType=MAP&maxPrice=350000&radius=5.0&numberOfPropertiesPerPage=24&propFeature=Garden&propFeature=Parking&locationIdentifier=STATION^3023[/noparse]

Crashy_Time

zagubov wrote: »

Most people I know in London are seriously wondering how their kids will ever afford to stay there and ever buy, not just the kind of home that people in the rest of the UK might reasonably aspire to, but any kind of home at all.

Have they only just twigged (pardon the pun)? The OP house is massively over-priced IMO.

oliniusz

Now I can see how overpriced mine is.. Compare to that one (under offer currently):

htt[noparse]p://ww[/noparse]w.rightmove.co.uk/property-for-sale/property-48489393.html

And once again the one I've been looking at:

htt[noparse]p://ww[/noparse]w.rightmove.co.uk/property-for-sale/property-65683709.html

I have the feeling mine is not going to be sold as they bought it for 294k two years ago and invested much in it.

Margot123

What on Earth is 'demised parking'???? Makes it sound like the driveway has fallen down a crater.

Crashy_Time

Margot123 wrote: »

What on Earth is 'demised parking'???? Makes it sound like the driveway has fallen down a crater.

Funeral parlour next door?

lincroft1710

Margot123 wrote: »

What on Earth is 'demised parking'????

A parking space transferred by lease