We were downsizing from a different part of the UK in 2024 (so whilst it was closer to family, the new location wasn't somewhere we could easily pop back to regularly for viewings and we had to do them in blocks over long weekends) and had quite a specific wish list. It was also a more expensive location than where we were selling. Additionally, we were mortgage free.
After accepting an offer on ours we viewed the perfect house (period cottage on a pretty square, two minutes walk from the sea, in need of restoration). It was unfortunately a bit over budget which wouldn't have been a problem had we not needed to accept a lower offer on our own.
We offered what we could afford on the understanding we'd not have a survey and that we could exchange quickly. Our offer was rejected out of hand.
Around the corner (not on the pretty square, but still two minutes walk from the sea) was a smaller (three bed, the other had four) cottage of a similar age, but quite ugly externally and internally. DH persuaded me to buy it as it was well within budget. There was absolutely nothing else similar coming to market and despite knowing I hated the cottage we went ahead.
Two years on the other one is still for sale - the elderly owner who's never lived there, did a scrappy, basic renovation that has actually removed the remaining original features devaluing it in the process. It's had one sale fall through since we offered, after the buyers had a survey done. It's now 100k more, but I'd still move there in a heartbeat.
However, whilst less bedrooms and smaller square meterage, the one we did buy has larger rooms and better layout overall (we have reconfigured which you couldn't do with the nicer cottage). We're gradually making it home and I no longer hate it, but I walk past the other one daily and do still harbour regret as I think if we'd had a survey we'd have been in a better position to renegotiate.
Keep watching it @mrstobe123 , the sale might fall through as many are at the moment...good luck!