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Opinions on this house - RM ad

1356

Comments

  • martindow
    martindow Posts: 10,626 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I wonder how excited the agent is having a sudden spike in online views of this house?

    I agree with others that it seems very expensive compared to other houses nearby.
  • muhandis
    muhandis Posts: 994 Forumite
    Eighth Anniversary 500 Posts Name Dropper Combo Breaker
    Going by comparables, the pricing is very ambitious, to put it mildly.

    It's a proper 4 bed house but straight on to the pavement on a (what looks like) relatively busy road, with no parking and in an area close to town. Taken together, probably not favoured by families with a couple of kids.

    Space-wise, they've done a good job with the extension and the bathrooms on each floor, but with newly refurbished houses, it's sometimes hard to tell how good the building work is, especially with 3 bathrooms on the upper floors.

    I see quite a limited market for the seller and would expect the property to sell for 220-230k at most once the market is back to normal.
  • edgex
    edgex Posts: 4,212 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I saw that and tried to find the old ad on RM and Zoopla, but couldn't. Sometimes when you look up the street on RM or Zoopla, you can see links to the old ads.

    The ad talks about a 2-storey extension so maybe they bought the house and then did the extension which would explain why they've priced it so high trying to recoup costs.

    It wasn't an owner-occupier purchase, so might not have even had an RM listing.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    looks like it is No.98

    Extention/conversion planning reference 18/6402M
    http://planning.cheshireeast.gov.uk/ApplicationSearch.aspx

    refused earlier application 18/5231M
  • FreeBear
    FreeBear Posts: 18,306 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    We have viewed a couple of 2/3 bed houses (they're called "weaver cottages") but none of them had a downstairs toilets or a layout that would allow us to install one without it looking like a porta-toilet in the living room. Unfortunately my partner has a bad knee so we need a downstairs wc.


    Could this be the answer - crappy-kitchen-designs-1-5d5ce8371feaa__700.jpg


    No, not my idea, and I fully sympathise with the need for a downstairs loo.
    Any language construct that forces such insanity in this case should be abandoned without regrets. –
    Erik Aronesty, 2014

    Treasure the moments that you have. Savour them for as long as you can for they will never come back again.
  • Oh dear :rotfl::rotfl:
  • ACG
    ACG Posts: 24,712 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    It is a house that you would basically move in to and not really need to do anything. You pay a premium for that.

    Added to that, it is within walking distance to the town centre so you are also paying for that.

    There are downsides - parking, mid terrace, but none of those things are concerns of yours (might be down the line or for future buyers?).

    I suppose it depends on whether you want to pay a premium or not for a house where you can walk in and unpack or if you would rather save a few quid and do it yourself.

    It does seem overpriced, but a valuation would confirm whether or not that is the case and you could always renegotiate.

    I really like the house personally. I live not too far away and bought a 3 bed semi for that price but it was not in as nice a condition as that house.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Thanks ACG, good to hear from someone who is familiar with the area. True, I guess like a new-build or a new-car you can expect to pay a premium.

    We'll view the house anyway, no harm in doing that and making an offer for what we think it's worth if we really like it.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    edited 23 August 2019 at 3:31PM
    Make a good house share.

    One other thing not obvious but highly likely.

    I suspect there is access rights along the back of the houses.
    The planning and photo show the gates.
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    So as you are moving from London to the North West this is what you need to know. People in the North West do not aspire to live in terraced houses regardless of how many bedrooms there are or how close to a station it is. Those are all London desirabilities. What people in the North West aspire to is a semi detached of even better a detached house within walking distance to a station.



    What you don't want to do is to mix up what is desirable in London with what is desirable in the North West or you will finish up paying far too much for an undesirable house in an undesirable area which could make it very difficult to sell. If you spend a lot of money on a terraced house you will not get it back Terraced houses are bought by people who can't get anything better so they have to be cheap.
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