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How to choose which house and what to offer

27 replies

Nutellaontoast19 · 21/07/2019 00:00

3 houses on the same estate.
House 1 is a 4 bed that has been rented out and is in need of a new kitchen, bathroom and carpets as well as general redecoration. Garden is SW facing. £380000
House 2 is a 3 bed next door to house 1. It is in move in condition. Garden is SW facing. £355000
House 3 is the same house type as house 2 but the garden is SE facing and it needs a new kitchen. £350000

These are in an area of slow house market. Two have been marketed before a few years ago without selling.

My preference is house 2 but I’m worried house 1 will go for a lot less than asking eventually as I can’t see it getting £380000 for the condition it is in. This would affect the value of the 3 beds. And if I could get house 1 for lower then it could be amazing.

So which house and where would you start with offers?

OP posts:
HerRoyalNotness · 21/07/2019 21:45

House 1 but lower price offer. What have other 4 beds in the area sold for? From what I’ve been reading (we rent out our 4 bed) if a house has been rented it attracts a lower sale price, ours for example would be 10% less.

Neet90 · 22/07/2019 00:09

I would be tempted to go for house 1, it probably costs a fair bit of hassle and money to add an extra bedroom to one of the others so surely it's great to have the extra space there already. If it's liveable you can do it up over time. I agree there is no harm in trying for more than 1 house if you want and if you aren't certain about any of them then try a cheeky offer and see where it gets you.

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