Can't sell 1 bed flat in Eastcote, Middlesex

need_an_answer

kazzamunga wrote: »

Of course not, but what can you do.

you have to have that extremely difficult conversation with the family .you are never going to sell when clearly your father wants one thing,your brother is happy to live there and you want to sell.

from a quick google I can see you could be charging rent of upto £1000 a month for the property. your brother is clearly onto something but until you all agree its pointless really even listing it for sale.

Is your brother present at the viewings?
Cant help but wonder if he may be the stumbling block as to why potential buyers are not generating any offers or constructive feedback.

If a buyer sees that there is a conflict within the family over the sale,believe me they usually don't want to get involved in that type of purchase.

kazzamunga

need_an_answer wrote: »

I've just spotted something on the first picture...

The main door with the broken window pane,has that been fixed?

Whilst I know its a communal thing and not something for you to deal with per se,its something that your management company should have attended to and fixed on behalf of all leaseholders.

If that's the case and the door is now fixed perhaps a new front shot ought to be taken.

From a buyers perspective they need to know that where they are buying into has good provision for the upkeep o communal areas and as that picture stands it may put some off.

If its still like that then I would suggest you contact the management company to raise the issue for repair.

Good point, not sure, but if not, I wonder whether we could just ask them to remove that pic and reshuffle the photos to boost views.

Someone on another forum also pointed out that she skips past Rightmove entries if they don't have the lease information. This one has a 115-year lease and we have undertaken a deed of variation so that the ground rent won't go up for another 10 years. I think they should be highlighted, do you think if we dropped the price to 295 and did these things we'd start to see more interest?

ethank

Sorry to hear about your Mum and I hope you are all doing well now. Try not to get hooked into the familial guilt. I think any Mum would want you to get on with your life. If it would me I would ask to be bought out or it is sold. The longer it takes, the harder it will be to let go.

This is a lovely flat and decor is nice which is a bonus. I think it could have better presented for pictures though. Remember target market is probably a FTB or professional couple. Do you need to have two sofas and the huge chair? It makes the room look small. I'd probably remove that chair.

The heavily stocked bookcase and the stickers/magnets on the fridge make it look untidy. Could you perhaps store some of those books and papers away and just have a few token items on your bookcase. People buying tend to like clean lines and clear surfaces. Could the weights next to the tv also be packed away. It makes it look on pics like you have no storage space.

You are also at a funny price. 300k is the limit that FTB's have for stamp duty so up to this amount and they won't pay anything at this rate. I'd price at this or maybe £299,950.

Your Estate Agent - are they working hard? I have just counted 14 1 Bed apartments on their Rightmove page. Are they pushing your flat? I'd be telling them if I don't see an improvement that I am going multi agency.

kazzamunga

need_an_answer wrote: »

you have to have that extremely difficult conversation with the family .you are never going to sell when clearly your father wants one thing,your brother is happy to live there and you want to sell.

from a quick google I can see you could be charging rent of upto £1000 a month for the property. your brother is clearly onto something but until you all agree its pointless really even listing it for sale.

Is your brother present at the viewings?
Cant help but wonder if he may be the stumbling block as to why potential buyers are not generating any offers or constructive feedback.

If a buyer sees that there is a conflict within the family over the sale,believe me they usually don't want to get involved in that type of purchase.

I agree, and there have been stumbling blocks along the way, one viewing cancelled because of my brother, etc. But overall we have had those conversations, and arguments, and we are all singing from the same hymn sheet (except my dad does always have his own ideas about what a property is worth - he's done it with every house he's sold). My brother isn't present at the viewings, and he is generally pretty tidy.

Andysandy

Dropping it to 295 and mentioning lease, current ground rent and current service charge would be positive imho. Keep it simple don't need to go into any more detail than that.

kazzamunga wrote: »

This one has a 115-year lease and we have undertaken a deed of variation so that the ground rent won't go up for another 10 years. I think they should be highlighted, do you think if we dropped the price to 295 and did these things we'd start to see more interest?

need_an_answer

kazzamunga wrote: »

Good point, not sure, but if not, I wonder whether we could just ask them to remove that pic and reshuffle the photos to boost views.

Someone on another forum also pointed out that she skips past Rightmove entries if they don't have the lease information. This one has a 115-year lease and we have undertaken a deed of variation so that the ground rent won't go up for another 10 years. I think they should be highlighted, do you think if we dropped the price to 295 and did these things we'd start to see more interest?

You need to establish if the door is fixed,not reshuffle the photos. That's basic management upkeep on property...if the managing company have a cant be bothered attitude it really puts buyers off especially as its something that they pay a service charge for.

If its not fixed,get on to the management company and ask for timescales.thats just shoddy management.

need_an_answer

kazzamunga wrote: »

I agree, and there have been stumbling blocks along the way, one viewing cancelled because of my brother, etc. But overall we have had those conversations, and arguments, and we are all singing from the same hymn sheet (except my dad does always have his own ideas about what a property is worth - he's done it with every house he's sold). My brother isn't present at the viewings, and he is generally pretty tidy.

I assume then that your dad has a heavily weighted opinion in all this then...and he only want to sell at the price he determines.

Youre no where near singing from the same hymn sheet yet.

My personal view is to take it off the market for 6 months and try again in the better weather and political/economic climate,hopefully when there will be more buyers around.

At the moment its an old listing on rightmove and has potentially stagnated.

kazzamunga

need_an_answer wrote: »

I assume then that your dad has a heavily weighted opinion in all this then...and he only want to sell at the price he determines.

Youre no where near singing from the same hymn sheet yet.

My personal view is to take it off the market for 6 months and try again in the better weather and political/economic climate,hopefully when there will be more buyers around.

At the moment its an old listing on rightmove and has potentially stagnated.

Great . That makes me sad.

kazzamunga

kazzamunga wrote: »

Great . That makes me sad.

I suppose there's no harm in dropping it to 295 first though? The worst that can happen is that we don't accept the offers if they're crap, and then take it off anyway.

need_an_answer

I don't mean to make you sad, its just that I don't see a united family who actually want to sell this property.

if you cant all decide on what to market if for and what realistic offer you are all prepared to accept then at the current time I see no point in trying to involve a potential purchaser in the mix as well.

You are a family still grieving and each of you probably have an agenda/reason to sell/not sell.

I suspect neither your dad or your brother want to sell for their own differing reasons whereas you potentially have more of a desire at the present time to move forward with your own plans.

Whatever happens I wish you all well.