Further negotiation possible?

[smalalalalalala]

Hi all

We (partner and I, no children yet) are willing to put an offer on a house.
We live in a relatively cheap area of the country (UK). The house is a 3 bedroom mid-terrace. Everything needs to be done:

• floorboard: there is carpet (see below) almost everywhere but some of the boards under are broken
• boiler: the owner couldn't even tell me when it has been changed, 'but it was a long long time ago)
• electricity: we haven't checked the board yet but considering the boiler, we are expecting to have to change it
• bathroom: damp to sort + new suite + redecorating
• kitchen: outdated and damaged + we want to take down the supporting wall to make a kitchen-dinner (so need to be professionally done, and agreement from council etc.)
• whole decorating: carpets is probably from the 70's, wallpaper the 90's?

House has been on the market since beginning of January for £170k.
After viewing last week,we called the agency (viewing was with owners directly) and required about possible price negotiation. Reaction was lukewarm, not sure if they were preventing cheekyfuckery or actually saying no. We were ready to offer £145k.

Yesterday, the asking price went down to £155.

Do you think negotiation to £145k is still possible on this ?

Do you think we could go lower than our original idea (£135k)?

We have the agreement in principles done, we are first time buyers, and (reasonably) ready to wait for them until they find something that suits them.

Any tips welcome

i would go for it. if you go in lower you can slowly come up if they decline and hopefully get it for a good price

Yes, I would think 145 is achievable. I would start with 135.

Depends how desperate they are to sell

You have nothing to lose by making a lower offer, and any money saved I would suggest you put towards a full survey. Good luck

thanks for the responses. I think they are close to desperate, they are very old, and there are stairs that the husband had really struggled going up.

We will start at £135 and have a full survey because we are not very much DIY-aware people, so don't want any bad surprise.

A lot of the work sounds like it's on the expensive side. Once the survey comes in you should get some quotes from tradespeople about the specific things you'll need to do. Invariably you will find something else after that that will need some money thrown at it so keep that in mind when budgeting.