Just wondering if you could give a FTB a bit of advice on an offer really as we don't have anyone to ask:
We're looking at buying in a newish estate in Lincolnshire (just down the road from our rented place really).
It's a big estate and about 3/4 years old so there's pretty much always a property on the market (although a mixture of values).
We're looking at 3 bed semi and detached houses.
So to the offer. There's two houses (exactly the same, different streets) on the market right now at 197 & 200k
We want to offer 175-180. Here's why:
- there's not a lot of previous sale info but I found 2 that sold last year for 190k
- there are other 3 bed detached houses in the area (a bit further away from the station but still within 1 mile) on the market for 188-190
- since the new estate was built planning permission has been granted for a commercial development - offices and light industrial - literally across the train tracks. The offices will overlook an entire streets gardens.
- since the estate was built the train line has gotten significantly busier with high speed services starting in 2019 and a consultation out to generally increase the speed of the line
For our factors:
- we're first timers and have an agreement in principle
- could move immediately but also happy to wait, our timeline is to be in somewhere new by Christmas
- plenty of fish in the sea as it were - one of the houses has been up for 3 months and we know that eventually another will come up if we lose one
So with that in mind whatcha think of our offer? Overly cheeky or reasonable considering.