We bought it 2 years ago just before the pandemic. We didn’t love it but there wasn’t much around and it looked in ok nick and seemed to tick most of our boxes…..except not being detached. That aside we thought we could make it ‘home’. It’s become apparent that it was patched up to sell and actually needs thousands spent on it just to make it a workable home (think heating that works). We’ve had the first quote from the architect and it’s just an astronomical amount of money to sort it and add a small extension, that we would probably not get back if we stayed there til we died. We CAN afford it, but for various reasons I’ve grown to hate the house (I love where it is). If we spent a million pounds on renovations I still wouldn’t love it. DH has phoned a couple of EA about houses locally that have come on the market to be told they have 30+ viewings already booked in. All the houses locally are either going before they hit the open market or are going to bidding wars and cash buyers. At best we could be a 2nd mortgage buyer, but most likely we’d have to be in a chain….and there is nothing to rent locally. So would you 1)spend a shed load of money on a house that you’ll never love, but would be nice enough
2) patch it up as best you can view a view to moving as soon as the market calms…which will probably be in 2-5 years
3)try to move now.