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Having doubts after offer accepted

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Comments

  • ian1246
    ian1246 Posts: 438 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    edited 29 January 2020 at 4:38PM
    I think you'd be mad to drop out.

    Provided its reasonably priced - which from what you ve posted, it is - then it seems like a fantastic purchase. I'm 30 years old btw and looking to start a family this year with my wife.

    The d!cor leaves a lot to be desired - but the thing is, you can change that. We ve lived in a 3bed-semi for the last 5 years - have just started finally decorating, ripping down the 1970's mustard-yellow textured wallpaper, pollyfilling the wall and then putting some lovely Dulux Rock Salt Paint (Off-white) on the walls. The result? Coupled with replacing the curtain rails with modern silver coloured one's and some nice quality colourful curtains, the rooms which have been done feel so much more modern.

    That house just needs decorating. Upgrade it room by room - take up the carpet, strip the walls, decorate. If the plugs are all single sockets - not a problem, its fairly easy to chisel out and turn it into a double socket (with or without USB, up to you. You can buy them for around £10) - takes around 90minutes per socket. Then pollyfill around the socket and paint. Job sorted - rooms is now modern in terms of decorating and more suited in terms of modern electrical demandsy (provided the actual wiring of the house is Ok?).

    Bathroom needs doing - but again, perfectly functional currently and gives you time to save/work out what you want to put in. Outside Kurb Appeal? Nothing a bit of gardening and painting can't fix! Imagine the house in a modern fresh neutral colour when stood on the Kurb looking at it.

    Between decorating inside and painting outside, coupled with new carpets, that house could feel incredibly modern. You just need to save up for a bathroom & kitchen.

    There's also the potential to get a loft conversion done.... turning it into a lovely 4 bed detached house with a good plot.
  • danlightbulb
    danlightbulb Posts: 946 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 29 January 2020 at 4:56PM
    ian1246 wrote: »

    There's also the potential to get a loft conversion done.... turning it into a lovely 4 bed detached house with a good plot.

    Thanks I appreciate this, and other's comments too.

    Just on that final point. Really, this house is a 2 bed originally. Its only because they built a rear living room extension at the back that enabled what would have been the front sitting room to be classed as a bedroom. The rear extension is north facing and won't ever get sun through its rear facing windows.

    I think, most people would say this is a 2 bed with 2 living rooms. And a future loft conversion would then make it a 3 bed. So, perhaps in my head I am thinking this is a lot of money for a 2 bedroom house. There can be no confusion in a 2 storey house, if there are 3 rooms upstairs its a 3 bed, simple.

    Its hard to know how much of a problem it is that the living room would never get any sun. That is why I would use the front room as a second living room, as it faces south.

    A couple of posters have mentioned the aspect as being a potential issue for them, which is likely to be a common viewpoint. Maybe I should think about that? Is the fact its north facing reflected in the price?
  • Slithery
    Slithery Posts: 6,046 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Your overthinking this far too much Dan.

    Do you like the property?
    If yes then buy it - if no then don't. It really is that simple.
  • Slinky
    Slinky Posts: 11,232 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 29 January 2020 at 5:01PM
    OP look at the previous sales in this street. Nothing has come up for sale there for 12 years. People are obviously very happy living there, it's likely the previous owner went out in a box or to a care home. You've got well cared for property around you. Trust that whatever happens in the future somebody else will want to live in that street too and will buy your house.


    ETA I've now seen kerb, curb and kurb in this thread, any more varitions folk?
    Make £2025 in 2025
    Prolific £617.02, Octopoints £5.20, TCB £398.58, Tesco Clubcard challenges £89.90, Misc Sales £321, Airtime £60, Shopmium £26.60, Everup £24.91 Zopa CB £30
    Total (4/9/25) £1573.21/£2025 77%

    Make £2024 in 2024
    Prolific £907.37, Chase Int £59.97, Chase roundup int £3.55, Chase CB £122.88, Roadkill £1.30, Octopus ref £50, Octopoints £70.46, TCB £112.03, Shopmium £3, Iceland £4, Ipsos £20, Misc Sales £55.44
    Total £1410/£2024 70%

    Make £2023 in 2023 Total: £2606.33/£2023  128.8%




  • seradane
    seradane Posts: 306 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Slinky wrote: »
    ETA I've now seen kerb, curb and kurb in this thread, any more varitions folk?

    Cerb I guess? :rotfl:
  • Skiddaw1
    Skiddaw1 Posts: 2,297 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Carb? As in, it has a nice carb footprint appeal? :)


    Dan, stop it!! You'll disappear up your own jaxie if you carry on over-analysing everything! Time to step back, have a drink or two, congratulate yourself on your soon-to-be lovely new home and go with the flow.... :beer:
  • AlexMac
    AlexMac Posts: 3,065 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    seradane wrote: »
    Cerb I guess? :rotfl:

    Or Krb in Serbo Croat?

    I had a Slovene mate once; his ska band was called;

    Tu mk przr (Too Much Pressure)
  • Skiddaw1 wrote: »

    Dan, stop it!! You'll disappear up your own jaxie if you carry on over-analysing everything! Time to step back, have a drink or two, congratulate yourself on your soon-to-be lovely new home and go with the flow.... :beer:


    I don't have a history of making very good decisions.


    It is important (isn't it?) to ensure one does not overpay, nor buy something they will either regret, hate, or struggle to sell on.

    Its also important (isn't it?) for there to be room for growth in value from making improvements.

    I'm not doing it for short term profit, but I do want to ensure the house has headroom for growth, because this is important to future financial security.


    Its knowing what the showstoppers/big pitfalls are, and not falling into them.
  • iammumtoone
    iammumtoone Posts: 6,377 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper I've been Money Tipped!
    it looks ok yes it needs work but looks like you can live in it whilst the work is being done and concentrate on one room at a time as money allows.

    I'm not sure who it would appeal to ,which maybe why its a good price. Older people tend to go for bungalows but it has lots of steps to the front door putting older people off. Younger people tend to go for houses so I am not sure what the target is for this property.

  • I'm not sure who it would appeal to ,which maybe why its a good price. Older people tend to go for bungalows but it has lots of steps to the front door putting older people off. Younger people tend to go for houses so I am not sure what the target is for this property.


    This is what I'm fundamentally worried about. Doesn't matter if I stay there my whole life but does matter if I wanted to trade up in future.
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