Thanks All, DH will speak to EA this morning to discuss the offer - fingers crossed buyer offers more!
That is so frustrating LittleMiss. Properties can look ideal on Right Move but often critical detail is omitted. They obviously hope that by luring in for a viewing you'll fall in love with it, despite huge development prospect on your doorstep 
Assuming we reach a sale agreement today we now have the problem of where to go to. We live in a rural area (think Lovejoy territory) and given that we need to stay close to schools it's either huge great piles or small cottages. We have only seen 1 house we actually like and is in right location but here's the problem....
It's been on the market for 7 months and is empty as it's an executor sale. Ideal, except its WAY overpriced. It needs a lot of work doing to it to make it how we want it and just buying it would take most of our money. I think the executors have got £££ in their eyes as they know it's in a great spot and has potential yet they haven't priced it sensibly.
So given it's the only property we like we are thinking of going in hardball by offering £70k less. Surely if you were an executor you'd want to release your money at some point rather than drag it on???
If we can't reach a compromise think we may have to rent, but not overly keen on chucking money away going down that route.
WWYD, pay way over the odds for a house in the right location that will still need work doing to it at some point
Or rent and sit tight??
Sorry for the musings, my brain is spinning!