+1

 

Looking at it another way, if you think your expectations are realistic and you sell now for £50k less than you think you will achieve at some point during the next year, then you will need a 20% return on your investment to be in the same position in a year's time. Good luck with that

 

You can take your better bricks and brushed alli sockets ....... the buyer see's what they see - an estate house, yes, maybe the best in the street - but an estate house all the same.

They are expecting to meet in the middle at £300k - I suggest you bite their arms off!

 

I'd wait it out, when i sold my last property at auction some 5yrs ago i had an offer 2 days before that was £170k and i was very tempted as it represented a £120k profit, which was not to be sniffed at with the market in decline, i took the in for a penny in for a pound approach, held my nerve and it went for £198, but i did almost **** myself when it stuttered at £160.

They are clearly playing the game, as would most, but i like Ali B was looking for a specific type of house, detached, double garage and decent off road parking, large loft and a cellar, wasn't too fussed about land and needed to be under £250k.

When i found it, i was first to view and paid the asking price, which was a tad high considering it needed a total update @£135, but well under my max budget.

Point being, there will be some one out there that sees the positives of your property as you do, especially if they have looked at loads of similar clone type boxes, which by the sound of your property it is, but some people like that, i'd never buy a new build, give me a drafty old house any day.

 

Problem with them playing the game, they can go find another house pretty damn easily if they dont want to budge too much, someone will sell at their idea of a realistic price. You on the other hand are limited to people who will make you an offer.

BTW, Ive just read a post from PSL that I agree with for possibly the first time

 

I would sack the estate agent and find another one, if they were any good they would know already what you wanted to sell for and they would guide the prospective buyers to that means after all they are working FOR you.

 

Sounds like a nice house. But you know what they say, never buy the best house on the street, always buy the worst. As you have much more chance of increasing the value.

 

I'd be quite put off knowing that a house had been empty for the majority of the last ten years!

The 'new' comment made me laugh, nine years old isn't new. If you genuinely haven't used the rooms I'd be worried about finding problems.