Newbuild Bordon Hampshire

[787island787]

Hi all,

Has anyone bought a newbuild in Bordon? Did the value of the newbuild increase?

Is Miller Homes, in Bordon a good developer?

Are you talking about the Mill Chase Park development? That development have actually been reducing the prices of unsold homes. To me that's a massive red flag that they are overpriced. It may be some years before they are sellable again at the developers price.

Hi,

Yes, It's Mill Chase Park Development. They've advertised the Whitehill 3bed detached with Garage at £450,000.
A Whitehill 3 bed detached with no garage for £435,000 and a Whitehill 3bed semi detached no garage for £417 ,995.

We have reserved the 3bed detached with Garage, but are first time buyers and are also new to the area. We are not sure if its overpriced..or whether it's a good buy.

Hi,

Yes, It's Mill Chase Park Development. They've advertised the Whitehill 3bed detached with Garage at £450,000.
A Whitehill 3 bed detached with no garage for £435,000 and a Whitehill 3bed semi detached no garage for £417 ,995.

We have reserved the 3bed detached with Garage, but are first time buyers and are also new to the area. We are not sure if its overpriced..or whether it's a good buy.

As with most new builds it won't be easy to sell again for the price you are paying in the near future. Usually you need 2 or 3 years of house price inflation to get in to profit. If your planning on moving again soon you need to be very cautious. If your planning on staying 10 years it might not be so relevant. Had you noticed this 3 bed semi is now not 417,995 but reduced to 389,995 and still not sold ? This tells me they are probably quite a long way overpriced