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anon_private

NeilCr wrote: »

I’m on an estate with freehold houses with very small courtyard gardens. It’s great. No families and peaceful.

We also have parking spaces that work just fine.

But, I agree, check

I have no interest in gardening, BBQ's, or washing lines.

I am a single person

The parking space is allocated.

In the circumstances, I am little confused regarding the distinction of freehold vs. leasehold.

The house is freehold, but communal gardens, and service charges are characteristics of leasehold flats. Does a freehold house in these circumstances have any advantages over leasehold flats?

Davesnave

anon_private wrote: »

I have no interest in gardening, BBQ's, or washing lines.

I am a single person

You asked about re-sale. I made no presumptions about you.

It's probably better that I don't.

anon_private

hazyjo wrote: »

I had a 4 storey 4 bed house and the rooms were great sizes (especially the lounge).


My service charge included grounds maintenance and insurance for the two garages I owned (with allocated parking spaces in front of each) - they were in a small parking area behind my house with a flat above. Shouldn't affect you as there's no garage, but make sure you're not paying a % of everyone else's if they lump it all together.


When you sell it, you will probably have to pay for a management pack from managing agents for your buyer. This will more than likely be in the hundreds (your seller will probably be buying this).


The lack of garden will definitely hinder a sale. If it's a townhouse (3+ storeys), these are also harder to sell.

I am little confused regarding your description of the management pack, and who pays for it. But I regard this as a minor detail.

I am concerned regarding house sale. If I purchase the property I am not planning to move, but, I hope that in the event of a sale that there would still be substantial interest. The development is not in a town centre, but easy access to some shops and the coast

anon_private

Slithery wrote: »

Small, poorly built houses with no character for a start.

Don't they have to conform to certain standards: NHBC and building regulations

anon_private

ciderboy2009 wrote: »

Plus tiny (or non-existent) gardens, minimal parking, garages that you can't fit a car in ....

I don't like gardening. The house has an allocated parking space. There is no garage

hazyjo

anon_private wrote: »

The house is freehold, but communal gardens, and service charges are characteristics of leasehold flats. Does a freehold house in these circumstances have any advantages over leasehold flats?

If people are happy with a very modern house (lots aren't!), they probably have to expect it. I 100% wouldn't buy a LH flat, nor a LH house, but would buy a FH house with a small service charge if I decided to buy on a modern estate again (so yes, a definite advantage as far as I'm concerned!).


Chances are I would stick with an older style property though as I prefer them. If a newer house ticked all the boxes though and there was a shortage of older style properties, I'd not rule them out.

anon_private

Davesnave wrote: »

A terraced house with no garden is essentially like a flat, so it will not appeal to those who want a 'proper' house with some outside space, albeit that modern new build gardens tend towards minimalism.

Look at Rightmove's ex-new build offerings and you'll see few owners have a love affair with their gardens, but they still want somewhere the youngest children can play safely, a space to air washing, a spot for the barbecue and some storage.

A flat masquerading as a house isn't a great buy in my opinion.

Also, your viewing will be in the daytime. Don't forget to return in the evening and see how those single parking spaces pan out in the real world.

For a single person who does not like gardening it could be a good home and hopefully sellable. The parking space is allocated and is owned by the householder

hazyjo

anon_private wrote: »

I am little confused regarding your description of the management pack, and who pays for it. But I regard this as a minor detail.

I am concerned regarding house sale. If I purchase the property I am not planning to move, but, I hope that in the event of a sale that there would still be substantial interest. The development is not in a town centre, but easy access to some shops and the coast

Just to clarify - the house owner will probably have to pay for a management pack when they sell. If you buy it, you will own it. When you sell it, you will be paying. It may be in the region of £400 (although could be £250 - no way of knowing which is why I said you might want to see what the current seller is paying).


Mine was in a very sought after estate in a highly desirable area (Brentwood), within walking distance to the high street, very near the station, etc, but was still hard-ish to sell compared with other properties. If it's not a townhouse, it should sell easier.

anon_private

hazyjo wrote: »

If people are happy with a very modern house (lots aren't!), they probably have to expect it. I 100% wouldn't buy a LH flat, nor a LH house, but would buy a FH house with a small service charge if I decided to buy on a modern estate again (so yes, a definite advantage as far as I'm concerned!).


Chances are I would stick with an older style property though as I prefer them. If a newer house ticked all the boxes though and there was a shortage of older style properties, I'd not rule them out.

Thank you

If the freehold house is a terraced style. What do you see as the advantages over a leasehold flat. I note that you would not consider the latter

anon_private

hazyjo wrote: »

Just to clarify - the house owner will probably have to pay for a management pack when they sell. If you buy it, you will own it. When you sell it, you will be paying. It may be in the region of £400 (although could be £250 - no way of knowing which is why I said you might want to see what the current seller is paying).


Mine was in a very sought after estate in a highly desirable area (Brentwood), within walking distance to the high street, very near the station, etc, but was still hard-ish to sell compared with other properties. If it's not a townhouse, it should sell easier.

Still having difficulty

'Just to clarify - the house owner will probably have to pay for a management pack when they sell. If you buy it, you will own it. When you sell it, you will be paying.'

Why will the house owner need a management pack, and from whom. The house is freehold.

If I buy the pack I will own it - agreed.

When I sell it, presumably house and pack. I will be paying for what?