Multiple flats in one block - potential for offers?

[nothing1]

Hi all,

I'm a first time buyer and I've seen 3-4 flats for sale in the same block, all at the same price (pretty much identical) - new development, built about 5 years ago so I guess it makes sense that people who bought the flats at first are starting to move on.

Given that there are multiple properties in the block, does that mean the sellers are likely to be more receptive to lower offers? Sort of an I-want-it-to-be-MINE-that-sells mindset? Or is the reverse likely? Any ideas?

Thanks!

Maybe, could be worth a try.

If they all have mortgages they might not be able to take big hits of course, we couldn't when we tried to sell our first place and couldn't get the asking price.

Is four flats a big number or a small relative to the total flats? If it's a large percentage look into why they're all moving. Take a look at the crime map U.K. and look for noise nuisance and so on, and local building or road plans.

Also look at any increasing maintenance charges and leasehold issues.