Have we picked the wrong house?

[Burnout101]

We're FTB and just had an offer accepted on a house yesterday but I'm having worries about it now. We don't have a huge budget so we always knew we'd have to compromise on the house in some way, it's not going to be our forever house, but worried we compromised too much/in the wrong ways.

The house is a really good size for our budget but it's small rooms and more of them iykwim rather than fewer big open rooms, I was thinking this suited us better but has anyone gone for small rooms and grown to dislike it later on? Due to where supporting walls are etc I don't think we'll be able to open up the rooms without major cost so we'd definitely be living with the smaller rooms for some time.

Also the house is great but it's got no parking and is on a busy street with yellow lines outside the house and on street parking very nearby but on one side only so we'll always be parking outside someone else's house (no resident bays/restrictions though) - is this liveable or a mistake to go for?

Not sure I'm having buyer's remorse but definitely buyer's wobbles .

I think it's normal to panic a bit about making such big decisions, especially when yoi're at a stage where you haven't yet committed money to it.

You must have decided that you liked it enough to make the offer. It's not really about what other people think, it's about what you can live with. Things like parking issues should have been reflected in the price, with the knock-on that you shouldn't lose out when you come to sell. It might take slightly longer for the right buyer to come along, but someone will buy it for the same reasons that you have.

If you have serious doubts to the point where you wan to pull out early it's better to do that asap. However it's worth focussing on what made you put the offer in, and not just on the compromises when you're making that decision.

Sounds fine to me OP. Don’t panic! What suits everyone else doesn’t necessarily suit you. More rooms and no direct parking sounds like a decent compromise in your circs.

It's such a big decision, it's completely understandable you might suddenly feel a bit of panic. The property you have chosen sounds good to me - separate rooms are more practical than open plan and the parking wouldn't be a deal-breaker for me. However much your budget is, there's always a compromise. We said we'd never have a shared driveway (a Mumsnet horror!!!!) or live adjoining a main road. We have both at it's absolutely fine!!!!

I think if you have double yellows immediately outside you will be fine. Friends of ours have that so you are always guaranteed somewhere to unload, unlike if you have on street parking in front of you. The main thing is to check parking on roads surrounding you at peak times so that you can be confident you will get parked somewhere if you are back late without having to walk a mile or something!

Ignoring the parking and size etc I'd say when you have an offer in you should be excited with plans on moving and thoughts about the new lifestyle home etc.

I just feel even emotionally you are better to pull out of this.

It's lots of money to not like somewhere, a few doubts and boggles maybe ok but not this level.

I hate open plan but then I am very noise sensitive so don't want to be in the room if the dishwasher, washing machine is on or TV if I'm not watching it. More smaller rooms suits us TBH. We lived somewhere with no parking before and it was fine even with little kids - you adjust. TBH, you tend to be more suburban with parking and that is a mixed blessing.

@Burnout101

Ok, sounds like it's going to be a bigger deal than I was thinking. Basically if we go for somewhere with parking we'll have to compromise massively on the size of the house because we need to go for something very cheap due to what we can afford/deposit.

It depends on what you mean by smaller separate rooms. For example, I wouldn't qlive somewhere without a separate dining room. It's just so much more convenient to have separate reception rooms and dining room. The parking would be an issue for me, more because of the yellow lines situation. I also wouldn't be buying with the assumption you'll manage to upgrade if already older. Without seriously upping your income, I'd say in the current climate that's incredibly unlikely, so best find somewhere that you can see yourself in full stop thank hankering for a better house in the future.

Visitors hate not being able to park immediately outside.

I have just come back with three loads of items, no parking space outside. Dumped each load on the front step and went back for the next one. Not a huge problem on a sunny day, but not much fun in on a dark rainy night in winter.

We don't drive but I still wouldn't buy a house without parking simply because if we came to sell I know it's so important to buyers.

I will be honest. No parking would be a deal breaker for me. I've tried it. But then I had very young kids so it may be different for you.