Sticky situation!!! Please help!

neas

nice sized rooms bathroom and kitchen lil small but fine for a couple... tho not as fine for a baby as you say.

Dunstan_2

We are in a very similar situation, with figures almost tallying with yours (spooky), but we are in Leeds, and ours is a house, but also with no garden. Baby arrived a year ago, and now we need a garden (and to get rid of our rubbish neighbours). We haven't had any viewings at all since the house went on the market in January. While we are disappointed with the EA (they seem to refuse to put updated pictures on rightmove), I think the state of the market is the main reason for lack of viewings. My wife wants to rent (she wants out asap), but I'm not convinced this is the right thing to do. We have dropped the price to £124,995 to avoid the Stamp Duty, but it doesn's seem to have made any difference at all!!!

AMILLIONDOLLARS

Why are there no internal shots of your flat? This suggests that there is something wrong with it and that it may need a lot of work, which puts off people coming to view. Get your agent around to take more photo. Having a park nearby is no bad thing, if you can't still immediately hold off until the market improves. Its a two bed apartment, so you can easily wait until the baby is two before you worry about having a garden.

AMD

Doozergirl

Just because yours is cheaper than next dorr, it doesn't mean that you are not overpriced What you have to compare to is properties that have sold, not ones sitting on the market for as long as you.

£11,000 is a profit and even with the cost of buying it, selling it and buying somewhere else, you should have plenty of change.

I suggest however that you find an agent that will sell for you at 1% plus VAT which will save you a good amount. Your agent deserves to be dumped if they have overpriced you that wildly.

If it were my flat however, to get best value from the house I would definately find a way of turning your 17' + 9' bedroom into two good sized single bedrooms. You could hopefully do it pretty cheaply. Your master bedroom is large enough to allow you to carry it off... As long as there is a market for three beds which I would think there is down your way. I would love to see a floor plan.

Carving houses up is my favourite thing!

oldMcDonald

I like to see more than one picture of a propery on RM - I know that there are more pictures of the internal veiws if you click 'full brochure', but not a lot of people look at the full brochure. Does the kitchen have a window? It looks very dark.

RM has 152 2 bed flats in St Leonards on Sea at £140k and below.

If it were me, I would get an idea of what I could borrow and have a look around and see what I could get for the money. If it is better than the flat, then listen to the estate agent and drop the price to sell. I imagine that it isn't a lot of fun stuck in a flat with a toddler and no garden (there doesn't appear to be a garden in the RM link)

You have a nice chunk of equity in the flat to use towards another property. Personally, I would worry less about profit and more about getting a home that was the right one for my family.

I am one of the believers that house prices will [STRIKE]crash[/STRIKE] drop and I would not want to be trying to sell a house/flat now let alone this time next year, so I would want to get out with the equity asap rather than either be stuck there be chasing the market even further down in several months time. Neither would I want to try to rent it out if the renting situation is as you say (sorry, I don't know the area).

Good luck in whatever you decide to do

pizzarelli7348

spooky stuff dunstan!

I have just been talking to my husband and we don't know what to do.

I don't know if I would have the gut to rent this place out and start another mortgae on a house but I everyday I wish I had never bought this place, and for 4 years we have been happy but now it feels like a prison!

clutton_2

i dont like the rightmove presentation - i like to see larger photos actually on rightmove itself and not have to redirect to the individual estate agents site - on my PC the photos are so small i can hardly see them

AMILLIONDOLLARS

pizzarelli7348 wrote: »

this is the property advertised on right move

http://www.rightmove.co.uk/viewdetails-18023453.rsp?pa_n=1&tr_t=buy

When I click on this link I'm only getting picture 1 is there more

When I click on the other link for the property next door, all the pictures load, for this empty flat, what's going on!!!

AMD

Doozergirl

AMILLIONDOLLARS wrote: »

When I click on this link I'm only getting picture 1 is there more

When I click on the other link for the property next door, all the pictures load, for this empty flat, what's going on!!!

AMD

Click 'full brochure' The little link under the main photo.

oldMcDonald

AMILLIONDOLLARS wrote: »

When I click on this link I'm only getting picture 1 is there more

When I click on the other link for the property next door, all the pictures load, for this empty flat, what's going on!!!

AMD

Under the picture of the outside of the flat is a link that says 'Full Brochure'. Click on that and it will take you through to the agents and more piccies.

*edit - cross posted with Doozer!*