Just bought a 1 bedroom house

Hectors_House

Davesnave wrote: »

Teen in a hoodie on speed, taking a short cut?

Good idea but the area is bordered on both sides by walls - the side of our bathroom extension and the side of a house on the other side.

The building is so old it’s set right back from the road so has parking spaces and gardens in front of each of the subdivisions of the farmhouse (farmhouse was split into three cottages used to house farm workers and their families).

Davesnave

Murphybear wrote: »

Our friends cottage wasn’t mortgaged so she was sensible in her pricing. That makes a huge difference.

That was the point I was making. People were saying how desirable thatched cottages are, but like all other property, they have a price at which they sell and another where they don't. This is especially true here, where they're common and often have shared accesses and/or detached gardens to factor-into pricing.

Crashy_Time

Davesnave wrote: »

I don't think should matter. A bungalow is as much like a thatched grade 2 house as a modern 4x4 is like an Austin 7.

The worrying thing to me is that the OP is comparing the two as if they could be in some way equivalent.

As another 'old fart,' I live in a much modernised 70s bungalow and there's no way I could contemplate swapping with the ancient thatched cottage at the end of our field. It has history and original features in abundance, but those are not things I value as much as the amount of light here, the thermal efficiency we enjoy and the low maintenance we're anticipating.

OP must examine his/her priorities to answer the question of what they should have bought, not comfortable words trotted out by others, however well-intentioned. The best thing about their situation is that they're young, so very able to build on this experience in the future.

Good luck with it OP.

To me the situation is this - overly high property prices force people desperate to buy into sometimes poor choices, just to "own" or "get on the ladder", and sometimes as in the OP`s case prices on other maybe more suitable properties can start to drop, making people question their original decision. Brexit is probably one of the worst times to buy into a property bubble in a long time as well IMO.

GDB2222

Davesnave wrote: »

OP must examine his/her priorities to answer the question of what they should have bought, not comfortable words trotted out by others, however well-intentioned. The best thing about their situation is that they're young, so very able to build on this experience in the future.

No comfortable words from me. I said it straight. It's a moneypit.

Tact? Me? Friends? I'm just going off to my lonely cave, to wallow in misery.

Crashy_Time

Murphybear wrote: »

Our friends cottage wasn’t mortgaged so she was sensible in her pricing. That makes a huge difference.

Very true.