Should I accept lower offer for my London flat?

SarahB16

Take the £250k offer, no question about it, as studio flats do not appeal to many people.

If you were selling say a three bedroom house it may not be as clear cut but as you are selling a studio flat my opinion is definitely take the offer.  

RubySuzylondon

Thank you I agree, & as you say, it's on Rightmove for anyone to look at anyway. 

I'm in the last negotiations with the potential buyer, trying to meet in the middle by £2.5k each party. Very close.

Thanks for your advice everyone.

But now she's asking me what happens if she might buy a car in future because there's no parking space with the flat... (She can ask to rent a parking space from a neighbor in the car park).

But seriously,  deal with it when it arises, and don't fret about it if it hasn't happened yet. Ridiculous question. 

MysteryMe

It was not a ridiculous question. 

Be careful not to lose a buyer for a type of property that is undesirable to most buyers by trying to squeeze another extra couple of grand out of them and/or treating her questions as an inconvenience.

SarahB16

MysteryMe said:

Be careful not to lose a buyer for a type of property that is undesirable to most buyers by trying to squeeze another extra couple of grand out of them and/or treating her questions as an inconvenience.

+1                                              (extra text as '+1' is too short on this forum)

RubySuzylondon

I have been the most accommodating and helpful in my responses to her questions.

Stubod

....assuming you still actually want to sell it, and you have only had one offer, then I would consider an offer of only £5k lower than your "minimum" would be a an absolute no brainer for me, I would take the money and run...!!

swingaloo

RubySuzylondon said:

I have been the most accommodating and helpful in my responses to her questions.

Wow, and you think her worrying about parking is ridiculous. 'She can ask to rent a parking space from a neighbour'. And how many of those are likely to rent her a space. 
I think you need to realise that IF she buys she is doing you a favour, not the other way round. 

Section62

RubySuzylondon said:

...

But seriously,  deal with it when it arises, and don't fret about it if it hasn't happened yet. Ridiculous question. 

You said "Fab location near M25"... not much point being near the M25 if you can't keep a car at or close to the address. Having a six-day-a-week CPZ is hassle, and although the CPZ permit prices aren't extortionate compared to some boroughs there's no guarantee the council won't increase them significantly in future.

I know the area fairly well... the first question I asked myself when I saw the Rightmove link was what they meant about asking the agent about parking... and did the gated car park mean if I couldn't get a space in there then would my car be trashed if left on the road?

'Where can I park?' is a sensible question, especially that far out of central London.

Tabieth

Asking about parking is not a “ridiculous question”.  It’s a sensible, reasonable question for a potential buyer to ask. 

Herzlos

Is the private patio/terrace that little bit right off the street next to the front door? I can't imagine it gets much use.


Why do you need to get £255k? If you bought it 20 years ago (for £145k?) then presumably it doesn't owe you anything. I think you'd be much better taking the £250k offer than waiting for better.