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What would you offer for this house?

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Link below in next post. My parents reckon it could do with a new roof perhaps,I don't know much else to say about it,other than I think it needs a new kitchen.Maybe will see damage on ceilings if … Read More
Mum2ConnornCerys Avatar
8y, 2m agoPosted 8 years, 2 months ago
Link below in next post.

My parents reckon it could do with a new roof perhaps,I don't know much else to say about it,other than I think it needs a new kitchen.Maybe will see damage on ceilings if the roof is leaking.

I've not arranged to view it just yet.

I was thinking of offering £80K to keep in mind that it might need doing a lot with it,on site says in need of modernisation.

Over on MSE and other forums with lots of house buying threads,always see people saying offer 20% less than it's offered for and thats for houses that are more or less ready to move in.

I feel if you don't make an offer then you never know.
Mum2ConnornCerys Avatar
8y, 2m agoPosted 8 years, 2 months ago
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#2
nice garden 80k sounds a steal
#3
I think your probably miles off at 80k
#4
tonyg1962
I think your probably miles off at 80k


Ok,how much would you offer then?
#5
I would of thought £110,000 would be the minimum offer, if you are feeling cheeky and lucky.
£80,000 is a take the **** offer if you ask me, as it's on the market for £130,000.

Also take into account how long it's been on the market etc.
1 Like #6
Thing is the work needed will have likely been taken into account when assessing the asking price, cant hurt to offer 80 though and work from there, go into attack mode when stating why though and list every single point.


There does look to be quite a few cracks in the rendering though which would worry me unless I got a survey done, and thats only the visible stuff, what other sins is it hiding? Theres also a worrying looking water stain in the room in picture 2, although by the looks of it its where the rad is so maybe a burst pipe? In which case does it need new central heating system?
#7
Think you should view it first but offering nearly 50k less than asking price will probably not even be passed to the sell before rejected
#8
sven256;5110073
I would of thought £110,000 would be the minimum offer, if you are feeling cheeky and lucky.
£80,000 is a take the **** offer if you ask me, as it's on the market for £130,000.

Also take into account how long it's been on the market etc.


Not really a 4 bed detatched with ensuite near us started at £190k last year and has finally sold at £110k (this was a repo though and the bank just wanted some money back from it)
#9
Wow, you wouldn't get a flat for that where I live! Looks nice and the garden is a good size too. Sorry though have no idea what you should offer.
#10
harlzter
Not really a 4 bed detatched with ensuite near us started at £190k last year and has finally sold at £110k (this was a repo though and the bank just wanted some money back from it)


Yes but as I said above, how long has it been on the market, has the price already dropped, how well are houses selling in that area.

There are a lot of things to take into account.

Also a repossession will always sell for a much lower price, as they are prices to sell are they have to be sold.
#11
harlzter
Thing is the work needed will have likely been taken into account when assessing the asking price, cant hurt to offer 80 though and work from there, go into attack mode when stating why though and list every single point.


There does look to be quite a few cracks in the rendering though which would worry me unless I got a survey done, and thats only the visible stuff, what other sins is it hiding? Theres also a worrying looking water stain in the room in picture 2, although by the looks of it its where the rad is so maybe a burst pipe? In which case does it need new central heating system?


We noticed the cracks on the side too.
That be the L shaped lounge you speak of,we said that might be a leaking heater but didn't think anything more of it,as the floor in this rented house got various marks and I know the heating is working fine.There are some kind of stains on the blue floor/carpet in kitchen too.
[mod]#12
You are asking people how much they would offer on a house that they have not viewed, seen a valuation report/survey or the HIP!?
#13
I no idea how long it's been on the market for other than a few months for sure as my parents knew exactly which one I meant when mentioning it.

A lot of the houses in that road are going for a fair bit.

I will also add it's on a main road,this might put some people off,don't want noises of local buses and so on,I've lived on a main road before,this does not bother us.Also this is an end house and right next door is the entrance to Deal Footbal Club.For some people that would be off putting too.

Everyone got different ideas what they wanting in a home,what someone doesn't want,another won't mind.
#14
magicjay1986
You are asking people how much they would offer on a house that they have not viewed, seen a valuation report/survey or the HIP!?


Well no harm in asking,people do buy at auctions and they never seen inside a property.

Someone was asking today on MSE if £100K was too low of an offer on a house of £130K,they didn't mention anything about it,such as it needed doing up,and there wasn't even a link to what they were thinking of buying.
1 Like #15
When you go on the next viewing, try to bring someone who would know whether or not the cracks are potentially serious. The listing price looks a little too good to be true imo ... we had an offer in on a house a few years ago that turned out to have a serious subsidence issue. Luckily my brother spotted it and traced it to the house next door before we paid for a survey.
#16
Liddle ol' me
When you go on the next viewing, try to bring someone who would know whether or not the cracks are potentially serious. The listing price looks a little too good to be true imo ... we had an offer in on a house a few years ago that turned out to have a serious subsidence issue. Luckily my brother spotted it and traced it to the house next door before we paid for a survey.


We don't know anyone who could come with us who know anything about anything like that,we had thought of that too who we could ask if it was worth a 2nd viewing.
#17
Mum2Connor&Cerys
We don't know anyone who could come with us who know anything about anything like that,we had thought of that too who we could ask if it was worth a 2nd viewing.


Well based on the photo and the price, the place def is worth a 2nd viewing imo. You wouldn't get a house of that spec in this area for that listing price, even on the worst council estate. Don't you know a builder or something? Anyone with experience in structural work could probably spot things you won't be able to ....
#18
Liddle ol' me
Well based on the photo and the price, the place def is worth a 2nd viewing imo. You wouldn't get a house of that spec in this area for that listing price, even on the worst council estate. Don't you know a builder or something? Anyone with experience in structural work could probably spot things you won't be able to ....


I not been just yet for 1st viewing,I know noone at all to take along for a 2nd time.
I worry if the house was damp too,although we'll probably spot that by the smell as had a few private rented flats in past that have been damp and tend to notice the smell,or least I hope I will.
#19
I want pictures of the estate agents face when you tell him you're offering 80k.

ty. amen
#20
Jed Maxwell
I want pictures of the estate agents face when you tell him you're offering 80k.

ty. amen


I'd be doing any offers for any houses over phone likely as I don't live where I'm wanting to buy.
[mod]#21
Mum2Connor&Cerys
Well no harm in asking,people do buy at auctions and they never seen inside a property.
Someone was asking today on MSE if £100K was too low of an offer on a house of £130K,they didn't mention anything about it,such as it needed doing up,and there wasn't even a link to what they were thinking of buying.


Not true. They have the choice of paying £50 for an auction pack of the individual property that they plan to bid on. The auction pack contains everything they need to know so they know what is a fair price for the property.

Good luck though if you do put an offer in.
#22
Mum2Connor&Cerys
I not been just yet for 1st viewing,I know noone at all to take along for a 2nd time.
I worry if the house was damp too,although we'll probably spot that by the smell as had a few private rented flats in past that have been damp and tend to notice the smell,or least I hope I will.


Ok, well if you are going alone, make sure to spend time in each room checking everything from the ceiling to the floor. If you are systematic and methodical with your checks, you are more likely to spot problems - and that means opening cupboards and moving furniture if necessary. And take a camera to take close-ups of anything that looks potentially worrying - cracks on walls, freshly painted areas that might be covering damp etc. You can always ask others for advice later if you have photos :thumbsup:
#23
magicjay1986
Not true. They have the choice of paying £50 for an auction pack of the individual property that they plan to bid on. The auction pack contains everything they need to know so they know what is a fair price for the property.

Good luck though if you do put an offer in.


Fair enough,it's down to choice.

Thanks.
#24
The price of 130k will of been put on because of the work that needed doing, in a good market already done up its probably looking at more the £160-170 k. So it will of been price accordingley. A cheeky offer to me would be 100k but if its a private seller (rather than a repo) they will be full aware of the price done up and the estate agent will of said if it was to this..that..the other standard.... it would of been worth this.
I'm not in your neck of the woods, but the smae principles apply where ever you are. I mean there is a house here, up at £100k someone offered 80k and it was laughed at but agent told me i'd get it for £90k. That also needs alot of work doing but is priced to sell as if it didn't need this work doing it wouldnt ben on the market for this price in the first place it would be nearer the £125-130k mark.
As for the damp etc..... this again if it is there will of been prices accordingley, i mean to us if we bought a house that was damp we could fix it but to some they may see it and not touch with a barge pole. Surpose depends on how dirty you are willing to get your hands... how much time you can spend and money for renovation.

Surpose also if its a repo.... it may well go over the asking price one im intersted in, has an offer in of 5k above its price. However this doesn't look like a repo..... but good luck anyway xx
#25
you go girl.. i hope you find a home you can feel safe and content in...

if there is somewhere you want to be... you have a home
if there is someone you want to be with...you have family

x x x
#26
i say offer 10k less than asking price
#27
Liddle ol' me
Ok, well if you are going alone, make sure to spend time in each room checking everything from the ceiling to the floor. If you are systematic and methodical with your checks, you are more likely to spot problems - and that means opening cupboards and moving furniture if necessary. And take a camera to take close-ups of anything that looks potentially worrying - cracks on walls, freshly painted areas that might be covering damp etc. You can always ask others for advice later if you have photos :thumbsup:


Good idea,I'll take a camera.So far with the pics they got on,I think it be fairly emptybut I will check in kitchen cupboards.
I'm going along with my partner's Mum,my partner come to view a few other week but finding it hard to get to view this week at moment due to work.She's only running me around a fair few viewings I've arranged cos I'm pregnant and I'll be half hour or more walking inbetween viewings,so I'll be able to look at more this way with her car.
#28
ClarityofMind
you go girl.. i hope you find a home you can feel safe and content in...

if there is somewhere you want to be... you have a home
if there is someone you want to be with...you have family

x x x


I do want to make the right choice,I also want the next place we live at to be there for a while.

There are plenty of homes about where we want to live so it's matter of keep looking.
#29
I would try 120k and probably spend 20-30k on updating it.
1 Like #30
Mum2Connor&Cerys
I do want to make the right choice,I also want the next place we live at to be there for a while.

There are plenty of homes about where we want to live so it's matter of keep looking.


Some lovely advice on this thread.

If you have to go alone, take a camera, also take a tape measure as if you're anything like me.. I just can't approximate a guess of spaces at all and I get sizes way out of proportion so if you want to check on things like whether your bed wardrobes etc will fit in the main bedroom and things like that best to take a tape measure along and a little notepad, make notes as you go x x
#31
ClarityofMind
Some lovely advice on this thread.

If you have to go alone, take a camera, also take a tape measure as if you're anything like me.. I just can't approximate a guess of spaces at all and I get sizes way out of proportion so if you want to check on things like whether your bed wardrobes etc will fit in the main bedroom and things like that best to take a tape measure along and a little notepad, make notes as you go x x


I will def be making notes on anywhere I view,if there is anywhere that stands out then I'll need a 2nd viewing with my partner.

Yeh a fair few people have replied.

Rep left.
#32
kjbenja
I would try 120k and probably spend 20-30k on updating it.


Then it would be wether I pay less than average around here for a 3bedroom house,or pay out more and be able to move in and do general updating as I go along like decorating and not have to arrange any major work,either way I spend the same amount I suppose.

I've got a lot to think about with it all,hence I not got a viewing for this one yet.
#33
Considering its got off road parking, it wont go for a lot less than asking.
#34
I phoned up to arrange to see it,but it's under offer so I'm not going bother,they didn't want to give out any details further,so I'll leave it at that,plenty more to see.
banned#35
It seemed very cheap to start with so doubt you would have got it for 80k anyway.

Not sure what its like there or if the houses are different on the road but 2 semis went for over £200000 last year

http://www.houseprices.co.uk/e.php?q=Mill+Road+deal

You can probably see what the current owner paid for it on there too if you know the number
#36
colinsunderland
It seemed very cheap to start with so doubt you would have got it for 80k anyway.

Not sure what its like there or if the houses are different on the road but 2 semis went for over £200000 last year

http://www.houseprices.co.uk/e.php?q=Mill+Road+deal

You can probably see what the current owner paid for it on there too if you know the number


No I not know the # , All the houses are different along the road. There are plenty more here to view,I hadn't took a real liking to that 1 at all otherwise I would have viewed it sooner. There be more on sale coming weeks so it's matter of waiting.So far I not seen anything that I really thought,I really like this one. ... I'm so fussy... estate agents probably get annoyed with me give it another month,they all waiting for a sale.
banned#37
I know making an offer is nearly always the right thing, but £50K below the asking price of a £130K house is somewhat taking the pee.
banned#38
and what qualifies the folks on MSE?
#39
its the right price, i know, maybe 5k lower may get a bite but unlikely especially for Deal
#40
Take a builder with you and get them to tell you how much work will be...base your offer on that.I am after a house at the moment...they sell in area for £150k ish and they r ex council.It is a repo has rising damp and all that and is on market for £88.5k I offered £60k the estate agent manager said no way (the other estate agent suggested offering £70k to £75k...wouldnt take it either!!Grrrr...Hope you have better luck!xxx

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