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Original poster

Would a high turnover put you off a house?

26 replies

SecretMouse · 28/08/2018 16:03

We’re getting desperate for a place to buy. There’s just nothing on the market that meets our needs at the moment and we’ve been looking for 6 months. Thinking about offering on a house we viewed months ago that wasn’t quite right. It’s now been on for 8 months and we’re hoping they’ll be keen to sell.

But it’s sold 6 times in the last 15ish years. The longest anyone has been in is 6 years. Most are in for 12-24 months. It’s seems so strange to me as the other houses on the street are long term family homes that rarely come up for sale.

Why is everyone moving in and selling up so quick? Maybe neighbours from hell? Maybe a non-locatable smell? It needs work and we’re up for that. To add to the high turnover, we only plan to be in the house for about 4 years!

Would the high turn over put you off?

OP posts:

ProcrastinatingPingu · 28/08/2018 16:09

Yes, it would put me off, especially with the other home owners having been there for a long period of time.

You may find they are the issue, and no formal complaint has ever been raised due to having to declare it when selling.

Either that or it's haunted.

ChateauRouge · 28/08/2018 16:14

Maybe it's just a bit small for growing families? In catchment for an excellent school that people need to cheat a bit at getting in? Neighbours are v unfriendly? Terribly insulated and always cold? Just that bit far from public transport?
The survey should throw up anything major.

wowfudge · 28/08/2018 16:21

There was a house like this on the street where I bought my first house. It was a neighbourly area and everyone knew everyone else. The turnover was purely down to the circumstances of those people who'd bought the house. You'd need to ask the current owners and possibly, if you know the area, ask around - especially if anyone you know knows any of the people who have been there. Visit the place at different times of day and of the week. Look out for any signs of local businesses which may be poor neighbours - noisy community centre or church hall, takeaway, pub, etc. What is parking like?

PlatypusPie · 28/08/2018 16:28

There’s a house four down from me that has had a similar turnover, out of step with the general trend in this road. We have occasionally wondered, when we see another sale board up, if there is anything particular that causes this but it just seems to be that it is the same sort of couple plus two small children moving in and then moving onwards out of London replaced by very similar families. My husband was fairly unaware that there had been that many changes, so identikit have they been. I know the neighbours either side and am not aware of their midnight devil worship or noxious habits so still baffled.

PickAChew · 28/08/2018 16:35

Ours has had a succession of owners in the last 12 years or so . All young professionals, some working for the University, so in short term contracts. First just lived here a few years, renovated it, then sold it for a massive profit. Next appears to have lived here a few years then rented it out. Next was a couple who split up so had to sell it.

Prior to that, it had been in the same family since it was built in the 30s.

Nandocushion · 28/08/2018 16:36

I'd go visit Friday and Saturday nights. Presumably if there are problem neighbours, no one wants to say anything or declare it, which would hold up a sale.

LeftRightCentre · 28/08/2018 16:37

It would put me off.

Racecardriver · 28/08/2018 16:39

I wouldn't buy it without an explanation/unless it was very rentable.

Original poster

SecretMouse · 28/08/2018 18:04

Ok. Seems the consensus is that it’s off putting. There’s no immediate explaination but I suspect the neighbours May have something to do with it. Can neighbours really be that bad?!

OP posts:

DorothyGarrod · 28/08/2018 18:09

Secret Mouse, some of the threads on here about neighbours are AWFUL. My DPs are planning to move from their dream house because of an awful neighbour, I feel so sorry for them.

TyrionsNextWife · 28/08/2018 20:18

As someone who’s had nightmare neighbours, I can with certainty that bad neighbours can make you want to sell your house and leg it! Problem neighbours can be soul destroying and if you suspect that that might be the reason for the high turnover, then run and don’t look back!

fartedthensnapped · 28/08/2018 20:48

Is it joined like a terrace house or a semi? It could be noise. My next door, but one neighbours are for sale they say because of noise. We share the neighbour in between, but I don't find them noisy So it could be bad insulation just on that particular join.

But there is house like this near us and I wonder too. It's always for sale and being sold. Unless it falls through a lot. It's just I often see removal lorries so maybe they end up renting it out instead.

MorrisDancingViv · 28/08/2018 20:53

Have you checked the selling prices? Being sold every 6 years wouldn't bother me (I'd assume outgrown house once kids came along) but I view every 12/24 months as suspicious. If the property is above the stamp duty threshold they'd be unlikely to have made any profit in that time period once fees/associated moving costs are added so why move??

Bubblemagic11 · 28/08/2018 20:54

Agree with PPs, that’s very off putting

FadedRed · 28/08/2018 20:54

👻👻👻👻

Original poster

SecretMouse · 28/08/2018 21:01

It’s a detached house but the neighbour’s garden is close to the lounge room and bedrooms. If they make noise in the garden it could easily be heard in the back bedrooms.

It’s above stamp duty. The current occupants would make about £15k after stamp duty and legal fees etc. The owners before them had been in for 6 years and sold for £10k less than they bought it for - although the market was very different then.

OP posts:

Original poster

SecretMouse · 28/08/2018 21:03

It had a strange feel to it when we viewed! Both DH and I refer to it as the weird house but we can’t put our finger on why.

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IStillDrinkCava · 28/08/2018 21:04

One of ours was like this. Many of the neighbours were retired, a few had older children but ours was bought and sold a few times, by young professionals who moved on to 4 bedders (I imagine) as their families started to grow. No different to other 3 bed semis in the road - more modern decor than many if anything. Just happened to have been bought each time by younger people wanting to move up the ladder. Our neighbour we shared a wall with was fabulous and we popped back every Christmas until she died.

I can see the worry that there might be a noise/neighbour issue but in our case it was just like-minded people using it as a stepping stone house. We bloody loved that house but it was limited by small 3rd bedroom and no potential for 2nd loo.

HomeOfMyOwn · 29/08/2018 00:16

It would put me off.

My first house was one of these that had sold every 12-24m and was of reasonable size and detached in a nice area - all the other houses in the street had sold no more than once or twice in the last 20years. So I thought it must just be fluke.

The neighbors seemed lovely, so we bought it. I think something had gone wrong when it was built - it never got warm and was a really cold house. It was built late 1980's and had had cavity wall insulation done (we had it checked) and the loft had literally been filled with insulation, it had uPVC double glazing, etc - there were no drafts anywhere. It should not have been cold but it always was (I've since lived in a 70's house with twice the square footage, with no cavity wall insulation and minimal loft insulation and single glazed windows that were a bit drafty, which was way warmer). A builder I was talking to said it was probably something wrong when foundations were laid and tbh I can't see what else it could have been. No one since me has stayed their long either - shame because it was otherwise a nice house.

HomeOfMyOwn · 29/08/2018 00:18

stayed there either

PickAChew · 29/08/2018 00:18

6 years is a long enough time in a house. They could easily have moved for work or family reasons.

HomeOfMyOwn · 29/08/2018 00:19

It had a strange feel to it when we viewed! Both DH and I refer to it as the weird house but we can’t put our finger on why.

Definitely don't buy it that's your natural instinct telling you something isn't right with it. Don't buy it.

Haquina · 29/08/2018 10:38

I don’t think location, space or price come into it if a property gives you uneasy feelings. When you walk in you want to be relaxed and seeing it as your future home. Areas evolve, decor and layout can be changed, but it would be unusual to overcome your feelings and instinct I would think.

Original poster

SecretMouse · 29/08/2018 11:04

I agree with all your wisdoms! A high turn over house with an odd feeling should probably be avoided - but we’re getting desperate! Now it’s a waiting game for something decent to come onto the market.

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Lucisky · 29/08/2018 12:46

I wouldn't buy a house that gave me an odd feeling. I once viewed an empty house where I felt I was being watched all the time. It gave me the creeps. I just couldn't imagine being alone there at night in the dark if it was that bad in daytime.

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