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First time buyer: one bedroom in London

Options
17810121362

Comments

  • Let us know how you get in with the estate agent but good idea sticking to your guns at £295.
  • redefinr
    redefinr Posts: 208 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    I left my offer on the table - today EA said I should push to £300K otherwise the vendor may leave the flat for lettings. I just feel he's pulling the strings, I will stick my guns to £295K and not going anything above it.
  • jimbog
    jimbog Posts: 2,262 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Wendall Park area has always been desirable. This is in the same block:
    https://www.rightmove.co.uk/property-for-sale/property-61910724.html
    Gather ye rosebuds while ye may
  • JayRitchie
    JayRitchie Posts: 563 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    I'd have a serious look a the Wendall Park place - the area and flat look like safer bets to me - although probably not as exciting in the short term.

    Perhaps also look at flats a bit further out on the central line around hanger lane?
  • jimbog
    jimbog Posts: 2,262 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    JayRitchie wrote: »

    Perhaps also look at flats a bit further out on the central line around hanger lane?

    There are lots of flats being built on the Western Avenue next to Savoy Circus that might be worth looking at too
    Gather ye rosebuds while ye may
  • redefinr
    redefinr Posts: 208 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    The EA notified me the vendor has now accepted an offer of just over £300K on that property...ouch!
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    redefinr wrote: »
    The EA notified me the vendor has now accepted an offer of just over £300K on that property...ouch!



    I pity the buyer, I wonder if they need a mortgage and whether the valuation will mirror what they offered or will they need to cough up the extra
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • redefinr
    redefinr Posts: 208 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    should I try and reach out to the other EA which has it for sale too?
  • need_an_answer
    need_an_answer Posts: 2,812 Forumite
    Ninth Anniversary 1,000 Posts
    redefinr wrote: »
    should I try and reach out to the other EA which has it for sale too?

    to do what?...

    To get into a bidding war?

    presumably the original agent who had the property for sale has had an offer that matches the vendors expectations and has been accepted...if you are going to chase this flat now you will need to offer more and go over the budget you originally set yourself.

    Don't let your emotions rule on this one...

    Look at other options for the time being and let the dust settle on this one
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