I'm really new at this! I've got a second viewing on a house next week and, if my kids and parents like it as much as I do, it's likely I'll be putting an offer in. The house is an ex-rental property in a nice location, priced appropriately as far as I can see based on sale prices in the last 12-18 months in our area. It's empty so no onward chain. I'm part of a very short chain as my parents have agreed the sale of an investment property they have which will fund buying this house. The sale is being made to a cash buyer and they are aiming to exchange by 30 November.
With this in mind, how close to the asking price would you offer? The house has been on the market about a month with no offers so far. It's priced at £325,000. Would it be cheeky to open negotiations by offering £300k?