New neighbour from May is now selling up

[BG2015]

I posted another thread in May (don't know how to link it?) about my neighbour complaining about our music noise after he'd only been in the property 5 days. We don't play a lot of loud music so we were very surprised when he knocked on the door.

He's just had the house totally redecorated and recarpeted and it's now up for sale for £12k more than he paid. Pictures on Rightmove show very sparse furnishings inside.

I'm perplexed and my OH says I'm becoming mildly obsessed with finding out why he's selling. Can't see that he will make much profit really. I've been very conscious of having ANY music on when he's in and am constantly telling my kids to be quiet!

Hoping a nice large noisy family move in now! This street isn't really suitable for a single bloke - especially one that doesn't like noise!

What was his complaint?

Maybe he is a property developer?

I'd assume he was a small-scale property developer. If he gets anywhere near the asking price that's a reasonable profit in a few months.

maybe he was worried your music was a regular thing and would put off buyers
hopeing a large noisy family move in now
becareful what you wish for

May to Aug 3 months pretty much what you'd expect for a property developer to turn a house round sounds as if it was bought purely for that reason. £12k or around that is a great profit for him

It's not 12k profit. Nowhere near. You have solicitors fees, agency fees, removal costs. And if this is his second house, 3pc additional stamp duty. Plus the cost of materials.

How do you even know what he paid?

And £12k is relative to the house price. A profit's a a profit.

I thought the same,be careful what you wish for!

He paid £163k according to Zoopla. It's now on offers in region of £175

He spent £1500 on decorating ( he told me) and don't know how much his carpets cost.

When I sold and bought last year it cost me £8k

Don't think he'll get £175k or make £12k profit

This street isn't really suitable for a single bloke

Oh that's a nice thing to say. I wouldn't flatter yourself that you have caused him to move out by playing loud music once or that he can't stand to live on a street with families. If he has multiple properties, he might be breaking even on this in order to acquire something better. Either ask him when you next see it, or leave it.

Oh and I really would be careful about wishing for noisy neighbours. You won't find it so charming when you're trying to sleep or your children are trying to sleep and all you can hear is the loud thudding beat of music from next door.

Who are you to decide who the street is 'for'!? Just because you and the rest of the street are noisy doesn't mean that you have now 'claimed' the street for other antisocial families only. You sound awful.

I develop property and turning a house round by selling for 12k more wouldn't be viable once all other expenses, including tax, were taken into account.

I doubt that it's your noise that put him off - perhaps he just changed his mind or maybe he is a developer and made a mistake with the estimated resale price.

Could you ask him perhaps?

I think I remember your op. The truth is he may have just decided that living next to any noise was not for him. We moved 2 years ago to a 1930s semi & the retired couple next door have their tv on all day, it drives me nuts as I can hear it above my own tv. They aren't unreasonable however and neither are you with normal family noise. I'd move to a detached tomorrow if I could afford it as I hate hearing them!

Then there's council tax, petrol costs, utilities and potentially tax. No way would I have bothered for that amount. I have turned a couple of houses around and the profit in that house is minimal, if not zero. If it's his first, great, he's learnt something. I made a small profit on my first. Much more on my second.

I paid £170k for my house last May which is larger and has a better lay out, his house was up for sale at £175k previously and took 6 months to sell.

This is a very noisy street. We have 3 families opposite us with yappy dogs, one guy has a VERY loud motorbike and there is a main road directly out of our estate which has at least 2 emergency vehicles passing by every day.

Our noise is like a whisper compared to all that believe me.

I'm human, I'm curious of course I'm wondering what he's up to.

Doesn't sound unusual. I've bought numerous houses and turned them around in a couple of months to get them back on the market as quickly as possible.

You do indeed sound a teeny tiny bit obsessed

For that much, he's not a developer. He's likely moving for better neighbours and kicking himself for not making better checks. Music and a noisy family who don't think a single person should live in their street sounds a nightmare.

Ask him. Or not, it doesn't really matter does it? People come, people go. Maybe he's won the lottery. Maybe he's moving to the EU for his job as a result of brexit. Lots of potential reasons

Maybe you are making him feel uncomfortable? Maybe he has changed jobs? If you are so desperate to know ask the estate agent why it's back on the market in such a short space of time.

I think I remember your previous thread - (as far as I remember you thought it was weird that a single man might want a big house near children), he's moving - I'm sure he has a myriad of reasons, I can probably guess quite a few now.

Either he's had a change of heart and decided the house isn't for him, or job relocation he wasn't expecting.

Or he's a developer and mis judged this particular house and profit involved.

Id be curious too.

Parker would you really have bothered? Additional stamp duty alone will have been almost 5k if it's his second house.

You thought it weird a man bought a house in a road full of families?? Now you've lost me OP- that is s really weird thing for you to think.

Maybe he hates all the noise you describe.