I've got to agree with the view that it doesn't look that bad. I saw one listed as needing renovation a little why back, where it looked as though the insides had been gutted and half the upstairs floor had collapsed.
The nervous wait to exchange....
- Thread starter noj
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I've got to agree with the view that it doesn't look that bad. I saw one listed as needing renovation a little why back, where it looked as though the insides had been gutted and half the upstairs floor had collapsed.
Soldato
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Sounds like a place I looked at when I first had a deposit together. Looked like it might have had a fire or been totally decrepit for years. Probably probate. Half the plaster had come down upstairs and on the stairs themselves.
Luckily it was an auction with short lease so would never have been an option for me! I was naively tempted, thinking I could sort it.
agree, good project to make that house one's own...if one has the time and/or money
That's almost identical to my gran's 2Up2Down (behind the old Safeway/Morrisons in Yeovil town centre). Layout very similar, in need of complete refurbishment, including the jungle of a garden.Not sure if a better thread for this... saw a house for sale near where I used to live years ago and wondered why it was so cheap...
Check out this 2 bedroom terraced house for sale on Rightmove
2 bedroom terraced house for sale in Camborne Grove, Yeovil, Somerset, BA21 for £120,000. Marketed by Greenslade Taylor Hunt, Yeovilwww.rightmove.co.uk
Oh... that is grim.
The only exception is that property doesn't need four skips just to empty all the crap she'd hoarded, before starting the renovation.
We sold it to a first time buyer who "fancied a project" - I think she vlogged the whole process on Instagram, iirc. Will have to see if I can find it - be interesting to see if she succeeded or had a breakdown (Dad & I had bets each way!)
Similar ones have sold in recent years £170-230K in the area depending on condition, in nice condition probably £180-190K. There is one just up the road in recently renovated condition which is pretty similar but an end terrace they are wanting "Offers in Excess of £240K".
Well just accepted an offer on my place, and put an offer in on another so yay.
After several months of not getting anywhere and then hopeful this week someone who viewed on Monday, then second viewing on Wednesday with the parents would put an offer in but she did not want to negotiate day before her wedding, then had a viewing yesterday from a couple from nearly a month back and they put an offer in.
So now need to sort solicitors out, confirm numbers with bank for mortgage and sort everything else out.
After several months of not getting anywhere and then hopeful this week someone who viewed on Monday, then second viewing on Wednesday with the parents would put an offer in but she did not want to negotiate day before her wedding, then had a viewing yesterday from a couple from nearly a month back and they put an offer in.
So now need to sort solicitors out, confirm numbers with bank for mortgage and sort everything else out.
Good news.....
Indeed so, not done this for 5 years so need to remember all the bits I need to do, got a spreadsheet going already.
Associate
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So got the surveyors report today - good job we knocked the sellers down £30k as it's going to cost about that to get it fixed up!
Needs re-rendering on back and at least one side, chimney needs re-pointing, gutters need replacing, needs re-wiring and, I've saved the best till last, the kitchen extension is dropping away from the original kitchen - so that's going to need a structural engineer to take a look.
If we decide to stay the course on this one then I think it can be a lovely house again.
Needs re-rendering on back and at least one side, chimney needs re-pointing, gutters need replacing, needs re-wiring and, I've saved the best till last, the kitchen extension is dropping away from the original kitchen - so that's going to need a structural engineer to take a look.
If we decide to stay the course on this one then I think it can be a lovely house again.
Are you not going to renegotiate or was your original "knocked down price based on the knowledge much of this needed doing.
You offer a price based on the knowledge that you have at the time and the survey should then inform you (vaguely) as to whether your knowledge was broadly correct.
Find one yourself. The EA having an existing relationship with a surveyor is never a good start for this. You want the surveyor to be completely independent from the house purchase.
They'll be a list on the RICS website:
www.ricsfirms.com
Find a Surveyor
Royal Institution of Chartered Surveyors' official directory of member firms. Over 40,000 surveying firms wordwide offering services to business and consumers.
www.ricsfirms.com
Good job! We knocked 70k off asking for this current house and **** me, it probably still wasn't enough. I'd negotiate harder.
This house didn't just need modernising as they tried to describe it. It stank of shoddy DIY and we have found loads of it everywhere (hall, kitchen, dining room and extension gutted now). In summary, the previous owner couldn't plumb for **** yet kept doing it anyway. We've found 4 leaks on major joints for the central heating and hot/cold.
Wherever you go, you can clearly see where the professional work stops and his begins.
This is my favourite bit when looking at houses that haven't been touched in like 50 years. The absolute ******** the estate agents spout about it.
"Requires updating"
"Lovingly maintained period features"
"Period features throughout"
An avocado bath and kitchen from the 90s are not period features. Nor are your scabby carpets and artex ceiling.
Place I viewed recently looked reasonably tidy in the pictures and was an interesting property because they had added a two storey extension which could be used as a separate annexe. Upon opening the front door we were greeted by a load of hideous plywood that had been used to make some sort of internal divider between the two downstairs sections and the main stairs. Entered the main part of the building to find it reeking of damp. The estate agent made an excuse about the owner drying his clothes, but it was way beyond that and more like an old leak under the kitchen floorboards. Also started noticing that the light fittings seemed to be homemade and very suspect. There was a light above the bath that looked an absolute death trap. Went into the annexe section and found that the stairs felt uneven and a bit soft, as though something was going wrong under the carpet. The whole place had the feeling of bodged jobs that would need sorting.
When we got outside the "What do you think?" conversation was amusing.