PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

A choice of two houses...

Options
245

Comments

  • Skiddaw1
    Skiddaw1 Posts: 2,271 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    I agree- if you're in for the long term I'd go with house 2. It may need some work but to me it looks like it has good bones and future potential.
  • I'd pick no2 as well. 

    Yes no1 looks neater and is move-in ready, but consider the things that you like that money can't buy. You prefer the East/West setting (agree with you on that), no1 doesn't have it and no amount of money will get it. No1 is very close to the A6 - for me that'd be far too noisy to have windows open in the good weather. Yes the garage looks a bit tatty at no2 but you've the land to sort it out or build something better/different. Backs onto a country park too so you've no worries about it becoming a building site and being overlooked by a dozen houses in a year's time. 

    Yes the refurb will be dear, and probably throw up more problems the more issues you address. But when you're all done, you'll be living on a good road in a house that's exactly as you want it, and the sun the right way round. 
    I removed the shell from my racing snail, but now it's more sluggish than ever.
  • GDB2222
    GDB2222 Posts: 26,234 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    It’s worth bearing in mind that House 2 is much more expensive than house 1, once you have factored in the refurbishment costs. Maybe £100,000 more expensive. So, of course it is nicer.  

    Can you afford £350,000 total cost, and what else is available for that amount?


    No reliance should be placed on the above! Absolutely none, do you hear?
  • I also like house 2 better, but it will be a LOT of work. Money, yes, but just the work itself can be a headache. Time. How long before you have a house that feels like a home?

    Is it an option to wait and see if something else comes up?
    Never take a stranger's advice. Never let a friend fool you twice.
  • Ditzy_Mitzy
    Ditzy_Mitzy Posts: 1,952 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    I much prefer the interior of house two (though wouldn't like the inevitable smell of dog), although accept that might be a result of me requiring modernization.  Could you learn to like it?  Steaming off a bit of wallpaper and putting new stuff up isn't complicated; it's the structural stuff you'll have to look out for.

    House one looks to have been renovated on the cheap and appears tired in places.  The patio may have to go too; something that large is going to impede natural drainage.  Look at the Astroturf behind: it looks to have been waterlogged for some time.  One must take precautions in Rainy City...  
  • Marvel1
    Marvel1 Posts: 7,436 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    House number 1 - can;t be bothered to deal with the DIY stuff.
  • RelievedSheff
    RelievedSheff Posts: 12,691 Forumite
    10,000 Posts Sixth Anniversary Name Dropper Photogenic
    Neither.

    If you can afford the £100k plus to renovate property 2 then I would be looking at properties more in the £350-375k price range.
  • Nardge
    Nardge Posts: 273 Forumite
    Sixth Anniversary 100 Posts
    edited 5 December 2023 at 1:38PM

    Dear Forumites,

    A big thank you to everyone for your valued contributions!  

    House 2 (MD) has been taken off the market, which ultimately isn’t necessarily a bad thing…

    House 3 has come up though (BS). It is clearly better than House 2 in terms of renovation.

    Links to photos and video enclosed below. House 1 (ED) remains the alternative. 

    Address

    House 1
    Eastholme Drive (ED), 
    Levenshulme, M19

    House 3
    Bowler Street (BS),
    Levenshulme, M19

    Freehold

    Yes

    Yes

    Price

    260 K

    275 K

    Chain

    No

    Don’t Know

    Condition

    Move-in-ready

    Move-in-ready?

    Square Meters

    81

    65

    Bedrooms

    3 inc. Box (FF)

    3 inc. Box (FF)

    Garage

    No

    No

    Off-road Parking

    Yes

    Yes

    Garden

    Yes

    Yes

    Queries:

     

    Chain?

    Really only 65 sm?


    Having reflected on your previous comments, here are my thoughts for the new candidate (House 3):

    1) The price remains < 300 K meaning I can buy in cash without a mortgage
    2) Location is convenient in terms of relative proximity to place of employment and good schools
    3) It doesn’t appear to require extensive or any renovation
    4) It’s set further back and at a greater distance from both the A6 and train line
    5) I maintain continued proximity to easy public transport if needed
    6) It too has the East West (sunrise/sunset) axis
    7) It has a surface area of 65 square meters, unfortunately comparatively small!
    8) A garage can be built to the side? (I'll need to see how much space there is!)
    9) It can be extended both to the rear and to the side? (Again, I’ll need to see the space available)
    10) The garden is substantially bigger than neighbouring ones, though doesn’t feel private.
    Bushes and trees can be grown to obstruct being viewed or overlooked by neighbours however.


    I’d welcome your thoughts on  any aspect(s) of House 3…

    How does it look? Also would you buy it over House 1?

    Unless any red flags are raised, I think its probable I’ll buy it before someone else does… 

    Thanking you again in advance!

    Kind Regards.

    =========================================================================

    Links for House 1 (ED):

    Rightmove link:

    https://www.rightmove.co.uk/properties/86622675#/?channel=RES_BUY

    Mellor estate agent link:

    https://edwardmellor.co.uk/property-for-sale/10148959/ 

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.