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Original poster

What's wrong with my friends house?

332 replies

Moonflower12 · 09/08/2023 18:12

https://www.rightmove.co.uk/properties/134607254?utmcampaign=property-details&utmmcontent=buying&utmmedium=sharing&utmmsource=copytoclipboard#/&channel=RES_BUY

This is a friend's property. She has dropped the price but still not getting any interest. She has tracked the interest in the property using the Rightmove tracker.

The most interest has been when it's been on a Facebook period property page.

She had 4 EAs value the property and took the lowest valuation.

Is the Estate Agent being crap or is there another reason?

OP posts:
Thread gallery
8
helloisitmeyourelookingfor · 09/08/2023 20:58

Kitchen looks tiny for the size of house -do the photos do it justice?

trickyex · 09/08/2023 20:59

Lack of kerb appeal, add plants to soften. Change 'library' to snug or office, replace kitchen island with old pine table/chairs, lose the extra freezer and microwave, paint kitchen rad in with walls, lower the price...

Original poster
Moonflower12 · 09/08/2023 21:00

@Dillane
It is my friend's house. I live in very rural Warwickshire!

OP posts:
Original poster
Moonflower12 · 09/08/2023 21:02

@Positive41
Does the kitchen look quite small? It feels big when you're in it? Just wondering if the photos make it look small?

OP posts:
Starseeking · 09/08/2023 21:02

It looks the best house by far in a very average street, and she wants top price for it in the sense that £600k is a huge ask, when it looks like similar houses in the area are less than £200k.

Plus she only bought it 5 years ago for what was over the average price then too. While the house is huge and gorgeous, she'd probably need to drop the price by at least £100k, given its location.

puffyisgood · 09/08/2023 21:03

The old saying, “buy the worse house on the best street” isn’t exactly foolproof but its not a nonsense either.

PippaAB · 09/08/2023 21:04

Definitely get this changed, only 1 bathroom + ensuite would put me off and it's not even right:

There are actually 3 loos. The main bathroom, an en suite and a downstairs loo. I'll point out to her the problem with the listing.

Gorgeous house. One side of the street looks fine...the other not great.

Original poster
Moonflower12 · 09/08/2023 21:05

@BetterWithPockets
@purplecorkheart

I will pass on that information about estate agents.
Thank you 😊

OP posts:
Original poster
Moonflower12 · 09/08/2023 21:07

@cancan678
She's had it for 5 years? She needs to move due to work.

OP posts:
Ireolu · 09/08/2023 21:12

It's the price. Bought for 380 in 2018 and now reduced to under 600 which means it was listed higher before. The last house close by of a similar size (7 bed) sold for 517k? In 2022. It's the price. Nice enough house though.

FlamingoQueen · 09/08/2023 21:14

You said she picked the lower price. Perhaps people think it’s too low and there must be something wrong with it.
Personally, I love it and if I lived near and had the money, I would buy it.

Yalta · 09/08/2023 21:21

It doesn’t match the other houses in the street . If anything it is too good as a family home. I looked at it and thought how may flats could you get out of it.

I think a family with with that sort of money moving to the area will want a house that has other £6-700,000 properties surrounding it.

Could your friend put in for planning to change it to flats and market it to developers.

It is a beautiful property but when you look at the sold price of the other houses in the street it looks too expensive for the area.

rockpoolingtogether · 09/08/2023 21:22

It's looks like the most expensive house in the street and perhaps the street puts people off. The kerb appeal isn't great

sheeplikessleep · 09/08/2023 21:22

Gorgeous house. Has to be the area isn’t as desirable?

I’d love to live in a house like that, ours is half the size and more expensive for a 60s box!

ChiefWiggumsBoy · 09/08/2023 21:22

I've got no idea about the area but that house is stunning and absolutely everything I would love in a home.

@Moonflower12 can you ask her if the hallway tiles are original or if not where she got them from please?

JenniferBarkley · 09/08/2023 21:39

Beautiful house.

I've only read your posts OP so apologies, I assume I'm only repeating what everyone says.

  • It's always the price
  • Around here, big old houses are coming on, hanging around for a while, going sale agreed and then coming back on the market a long while later at a much reduced price. I think energy prices has reduced the demand
  • In a big house like that I would want a bigger kitchen than that, room for a 6 or ideally 8 seat table and plenty of counterspace
  • The kitchen isn't as polished as the rest of the house, so I'd be pricing in replacing that, and possibly building work to rearrange the floorplan
Twattergy · 09/08/2023 21:39

There's only a very small market for houses of over 2000 Square ft. So there's nothing wrong with it, just only a small segment of buyers interested in such a house, especially in the current market where borrowing is expensive and running a large house very costly.

dullandgrey · 09/08/2023 21:48

Oh wow, it's a lovely house. Around here that much money would get you a 3 bed semi. Sigh!

Rainbowsandrainclouds1 · 09/08/2023 21:49

Moonflower12 · 09/08/2023 19:16

@Rainbowsandrainclouds1
It does have off street parking. They park 3 cars (2xSUVs and a mini) on the 2 drives.

Ahh, misread. Unfortunately, that wouldnt mitigate the other points.

PegasusReturns · 09/08/2023 21:59

I think the house is too nice for the road.

The house looks lovely but no one wants to buy the best house on a below average street.

FadeAwayAndRadiate · 09/08/2023 22:17

Dillane · 09/08/2023 19:59

Good advert for your (friends) house OP 😉

Grin
ChezBomb1 · 09/08/2023 22:27

I wouldn't choose to live in that area of Wolverhampton, if I had that much money to spend.

FadeAwayAndRadiate · 09/08/2023 22:31

ChezBomb1 · 09/08/2023 22:27

I wouldn't choose to live in that area of Wolverhampton, if I had that much money to spend.

I said this waaaaay back in the thread. I know this area. It's dog rough. Weird to see such a lovely house there. Clearly there before a LOT of the stuff around it, and was probably an OK area when the house was built.

Elephantsdontlikechocolate · 09/08/2023 22:31

Beautiful house. I'm guessing it may be too close to the road and too far from the station or other issues with area.