Anyone's houses NOT selling? SE London

[goodnotbad]

Hi All
Everything I read and hear seems to be about properties selling really fast and people having to over bid etc - well not in our case!

We've been on the market since late June (so out of reach for the SD holiday).
4 bedroom mid terrace.
Nice area of SE London.
Went up for £1,150,000
At our request reduced to £1.1M at the beginning of Sep

We have had approx 20 viewings but no offers - not even daft ones!

I believe it is overpriced just like the rest of the market which was artificially inflated due to the SD holiday.

Feedback we get is:
Garages at back putting people off - we've been here 17 years and never had a problem but they do look ugly and I can understand people worry about being burgled or the site being sold for development in the future (I wish someone would just build on it TBH.
Garden too small - pretty typical size for area but only 30ft.

We are really near lovely local primary schools, lots of parks and green spaces, lovely high street and the house has been extended with bi-folding doors in the kitchen.
We don't have a kitchen island.
It could be moved into but new owners would definitely want to redecorate to their taste and sort out squeaky floor boards etc. But nothing urgent.

I'm also wondering if the buyers in this price price bracket want something that needs absolutely nothing doing to it. We bought 17 years ago so not in this bracket all. The area has increased in value a lot since we have been here.

Just wondering if anyone else is having trouble selling in SE London as everything I read seems to be about houses selling within hours!!
Thanks for reading.

I think photos 7 and 8 are bedrooms.

Its dire. Who would want to live in that. That dreadful expanse of main room.

Main room would be nightclub/party area, obviously!

You’re all inspiring me to think about relisting ours. But the picture really is different to the one we experienced earlier this year.

It’s quite a nice house but feels a bit dated and lacks warmth. The attic bedroom with the clutter under the bed looks unappealing.

[quote Manoverboard2021]No idea why nobody has yet paid £1.9m for this flat in Dulwich. It looks like the perfect pad for an oligarch's spoilt sixth former!

www.rightmove.co.uk/properties/89575961#/?channel=RES_BUY[/quote]
The living room looks very much like the old Kings College Hospital student union bar. Perhaps a nostalgic consultant will buy it

"Penthouse"

I'd love to live in a house with a 'dreadful expanse'

Would imagine stuff like that will get hammered when interest rates go higher?

@Changechangychange

location? Within Dulwich College area?

it’s a shocking amount for what it is.

Yep, up the hill towards DUCKS/Sydenham.

Two of the four bedrooms are tiny, obviously staff accommodation. And the kitchen looks to be B&Q’s finest MDF. I assume the owner will not be expecting to venture into the kitchen or the staff quarters.

So this is basically a two bedroom flat with a staff annexe, in the middle of nowhere. It is STC, however. I think a PP is right, it has been bought for a very rich DC sixth former to live out with their staff. I literally cannot think who else would buy it.

London is such a mega bubble, if the Fed stay hard for pushing rates up (debatable that they actually have the balls though) London is going to implode so bad it isn`t funny, it must be absolutely awful to be mired in London mortgage debt at the moment, my sympathies go out to people who have been reeled into this dreadful Ponzi scheme.

LOL, looks like it is Sold STC, good luck with that!

Still there it seems, the views are not bad, and if you like peddling around the house on your bike like the kid from The Shining it would be a nice size.