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Parking, only 1 space?

BarleyGB
BarleyGB Posts: 241 Forumite
Part of the Furniture 100 Posts Combo Breaker
edited 30 August 2021 at 9:41AM in House buying, renting & selling
I’ve found an almost perfect 3 bed semi that ticks all boxes except parking.  It’s a corner property with 1 space (also a garage).

Many of the nearby properties have parking for 2/3 cars so parking a 2nd car nearby shouldn’t be an issue.  Im currently single so the 1 space isn’t an issue?

I’m inclined to offer as I could find another house with 2 spaces where kitchen isn’t the spec I want, garden to small, is overlooked etc etc.

How much would the 1 space affect your decision re future purchases/renting?  Am I overthinking the one negative (vs a dozen+ positives)


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Comments

  • user1977
    user1977 Posts: 17,005 Forumite
    10,000 Posts Sixth Anniversary Photogenic Name Dropper
    We've no idea what the location is, but obviously it will be less of an issue somewhere with easy alternative transport methods available.

    I know people are less keen on using garages for their intended purpose these days, but is this one actually too small to accommodate a car? 
  • Section62
    Section62 Posts: 8,921 Forumite
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    BarleyGB said:

    How much would the 1 space affect your decision re future purchases/renting?  Am I overthinking the one negative (vs a dozen+ positives)

    Personally I'd consider it hell on earth and would run a mile.

    Even if the garage is large enough to fit a modern car and you don't need it for storage space, you've got to shuffle the cars around to be able to get the garaged one out.

    BarleyGB said:

    Many of the nearby properties have parking for 2/3 cars so parking a 2nd car nearby shouldn’t be an issue.  Im currently single so the 1 space isn’t an issue?

    If you need to rely on on-street parking, bear in mind the local council can always introduce resident parking schemes and restrict the availability of permits.  If you were ineligible for a permit this property would be unattractive compared to one of the neighbours with multiple easy to use spaces.

    The house also looks quite large and in a nice area.  Although you are currently single, the property looks like one which could be lived in by a couple or family. The importance of off-street parking near the front door is much greater for those with young children, or where children are reaching the age where they'll soon be having cars as well.

    You also need to take into account that with the changeover to EV's, having somewhere to charge a vehicle will become increasingly important.  In that case, parking 'nearby' will be a distinct disadvantage compared to off-street parking with easy access to charging points.


    As an aside, although the windows on those properties are a lovely architectural feature, in the corner plot you and the neighbour will need to have 'privacy' very low down on your priority list as you won't be getting very much of that - especially in the bedrooms.  And nets or obscured glass isn't to everyone's taste.

  • 74jax
    74jax Posts: 7,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I wouldn't even look at a 1 space. Or 1 space plus garage. 

    My husband and I both have a vehicle and our daughter (who doesn't live with us does). We have 3 spaces now and could fit 4 if we parked knowingly. 
    Forty and fabulous, well that's what my cards say....
  • Owleyes00
    Owleyes00 Posts: 244 Forumite
    100 Posts Second Anniversary Name Dropper
    The current owner has quite a long car that it looks like could be parked further back. I wonder if you couldn’t actually fit two (small) cars on that drive. 

    It wouldn’t put me off however. I don’t know your area or budget but in our area in our budget we are lucky to have parking for one + a garage so we can’t afford for it to be an issue.
  • user1977
    user1977 Posts: 17,005 Forumite
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    edited 30 August 2021 at 11:02AM
    Section62 said:
    BarleyGB said:

    How much would the 1 space affect your decision re future purchases/renting?  Am I overthinking the one negative (vs a dozen+ positives)

    You also need to take into account that with the changeover to EV's, having somewhere to charge a vehicle will become increasingly important.
    And probably then decreasingly important, as vehicle ranges improve and there's more prevalence of public charging points. In any event, this property does have an off-street parking space. I doubt the ability to charge several vehicles simultaneously is likely to be worth all that much - even with current ranges, most EV users aren't going to need a daily charge.

    In general though, I would expect the size of the plot has already been factored into the price, so it depends what the OP is comparing this against. 
  • Section62
    Section62 Posts: 8,921 Forumite
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    user1977 said:

    And probably then decreasingly important, as vehicle ranges improve and there's more prevalence of public charging points. In any event, this property does have an off-street parking space. I doubt the ability to charge several vehicles simultaneously is likely to be worth all that much - even with current ranges, most EV users aren't going to need a daily charge.


    The future won't be about range or getting a daily charge.

    It will be having your vehicle hooked up to a 'smart' grid so the vehicle batteries have the energy in them you need for your next journey, but otherwise are contributing to keeping energy bills at an affordable level, and stopping the lights going out.

    Charge on demand in peak hours will become cripplingly expensive.

    And having thousands of pounds worth of batteries sitting on your drive or the street doing nothing will become as much an anathema as having the central heating on and the windows wide open is today.

  • Personally private parking is well down my list of needs, but you do need somewhere to park cars generally.

    I find houses with lots of cars in the driveways messy 😂.

    a garage and space for another car is absolutely plenty.




  • fewcloudy
    fewcloudy Posts: 617 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    edited 30 August 2021 at 1:56PM
    Section62 said:
    user1977 said:

    And probably then decreasingly important, as vehicle ranges improve and there's more prevalence of public charging points. In any event, this property does have an off-street parking space. I doubt the ability to charge several vehicles simultaneously is likely to be worth all that much - even with current ranges, most EV users aren't going to need a daily charge.


    The future won't be about range or getting a daily charge.

    It will be having your vehicle hooked up to a 'smart' grid so the vehicle batteries have the energy in them you need for your next journey, but otherwise are contributing to keeping energy bills at an affordable level, and stopping the lights going out.

    Charge on demand in peak hours will become cripplingly expensive.

    And having thousands of pounds worth of batteries sitting on your drive or the street doing nothing will become as much an anathema as having the central heating on and the windows wide open is today.

    *Massive thread drift alert!

     @Section62

    I'm not sure that is likely as technology is moving forward quickly on this.

    For example, Ample were not even heard of a year ago, at least not by me, but what they are doing now is surely very likely to be replicated by others.

    Modular battery swapping deals with the issues you mention, and takes away the "charge on demand in peak hours" problem just like that.

    It makes much more sense for you to drive over that ramp and swap them over in a few minutes, than be hunting down charging points.

    https://ample.com/
    Feb 2008, 20year lifetime tracker with "Sproggit and Sylvester"... 0.14% + base for 2 years, then 0.99% + base for life of mortgage...base was 5.5% in 2008...but not for long. Credit to my mortgage broker
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