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Author New Build vs Existing? Help!
Aaron
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Registered: 9th Aug 04
Location: Cottingham, East Riding
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6th Jan 15 at 19:31   View User's Profile U2U Member Reply With Quote

I've just bought a fully re-decorated and re-carpeted two bed end terrace to rent out for £72k

Hull haterz
dan_m1les
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Registered: 8th May 06
Location: Burnham, Buckinghamshire
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6th Jan 15 at 19:38   View User's Profile U2U Member Reply With Quote

pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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6th Jan 15 at 22:56   View Garage View User's Profile U2U Member Reply With Quote

Yeah but you have to live in Hull
dan_m1les
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Registered: 8th May 06
Location: Burnham, Buckinghamshire
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6th Jan 15 at 23:40   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by pow
Yeah but you have to live in Hull


This entirely unfortunately
Rob_Quads
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Registered: 29th Mar 01
Location: southampton
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7th Jan 15 at 08:39   View User's Profile U2U Member Reply With Quote

I personally wouldn't buy a new build. I know too many people 1st hand who have bought them and have real hassles.

One the construction was just so poor it needed thousands of repair work (which obviously took years to argue with the builder).
Another has only just had his phone line connected after 6 months!. That would kill me as I need the internet for work. I would write into the contract that if its not delivered then they pay for the 4G mobile access.
dan_m1les
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Registered: 8th May 06
Location: Burnham, Buckinghamshire
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7th Jan 15 at 09:20   View User's Profile U2U Member Reply With Quote

Yeah I had thought about these things, the location that the new builds have been built on is an old park, so god knows what ground movement there could be.

The other advantage of the existing house is it dos have a separate garage which I didn't notice till now on the add and the estate agent didn't mention.
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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7th Jan 15 at 09:21   View Garage View User's Profile U2U Member Reply With Quote

I thought all those 60's houses there came with a garage in a block.
John
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Registered: 30th Jun 03
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7th Jan 15 at 10:36   View User's Profile U2U Member Reply With Quote

I've got a new build and it's' not fallen apart yet. Fit and finish was pretty rubbish but the fabric of the house is fine, will you buy one now because you've got a normal story.

Also re phoneline, that's crappy BT normally, nothing to do with builder, although I agree the builder should be forced to take a much bigger part in laying proper services.
dan_m1les
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Registered: 8th May 06
Location: Burnham, Buckinghamshire
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7th Jan 15 at 22:30   View User's Profile U2U Member Reply With Quote

Just to keep this updated, we are putting an offer in on the house tomorrow
Ben G
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Registered: 12th Jan 07
Location: Essex
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8th Jan 15 at 00:07   View User's Profile U2U Member Reply With Quote

The new house?
Marc
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Registered: 11th Aug 02
Location: York
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8th Jan 15 at 08:39   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Aaron
I've just bought a fully re-decorated and re-carpeted two bed end terrace to rent out for £72k

Hull haterz

I saw on Restoration Man I think it was, a local man bought an old mansion down a rough council street and it was amazeballs when he finished. High ceilings, big hallways etc. He was known locally for his community work.
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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8th Jan 15 at 08:43   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by dan_m1les
Just to keep this updated, we are putting an offer in on the house tomorrow


dan_m1les
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Registered: 8th May 06
Location: Burnham, Buckinghamshire
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8th Jan 15 at 09:30   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ben G
The new house?


No, the 2nd hand one
Haimsey
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Registered: 8th May 05
Location: Nottingham Drives: Corsa B
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9th Jan 15 at 18:38   View Garage View User's Profile U2U Member Reply With Quote

My house is 4 years old. I sorted cracks when I moved in but in hindsight I'm pleased I didn't buy a new new build.

A) the cracks would've fucked me right off appearing randomly.
B) the premium would've crippled us but I was wary of this anyway.

House we did consider is just being finished off now on the other side of the estate. Would've been an off plan purchase. Having looked at it, it would've been a mistake !

Agree on the services, awful supply and demand, awful.


Marcy Marc

White Sport Progress Thread
dan_m1les
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Registered: 8th May 06
Location: Burnham, Buckinghamshire
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10th Jan 15 at 15:01   View User's Profile U2U Member Reply With Quote

House sold for £300k to a cash buyer in the end! The hunt continues
Ben G
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Registered: 12th Jan 07
Location: Essex
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10th Jan 15 at 16:00   View User's Profile U2U Member Reply With Quote

Well, fuck me. They've showed who's the daddy there

I'm sure something will come up soon. I wish I"d waited a little longer as we've ended up with a 2 bed yet 6 months later a detached 3 bed came up at 220k was gutted, but that's life.
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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10th Jan 15 at 16:45   View Garage View User's Profile U2U Member Reply With Quote

I had to fight to get mine, full asking price!
dan_m1les
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Registered: 8th May 06
Location: Burnham, Buckinghamshire
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10th Jan 15 at 18:26   View User's Profile U2U Member Reply With Quote

Yeah we aren't in a position to be bothered to battle it out over the house lol, and we are under no pressure.

[Edited on 15-01-2015 by dan_m1les]
dan_m1les
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Registered: 8th May 06
Location: Burnham, Buckinghamshire
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15th Jan 15 at 10:40   View User's Profile U2U Member Reply With Quote

Going to see this Saturday:

http://www.rightmove.co.uk/property-for-sale/property-31915464.html

And calling this today also which is on the same road but furhter down:

http://www.rightmove.co.uk/property-for-sale/property-33291495.html?backListLink=%2Fproperty-for-sale%2Fmap.html%3FlocationIdentifier%3DPOSTCODE%255E781397%26maxPrice%3D325000%26maxDaysSinceAdded%3D14%26minBedrooms%3D2%26viewType%3DGRID%26radius%3D3.0%23_includeSSTC%3Don%26auction%3Dfalse%26locationIdentifier%3DPOSTCODE%255E781397%26maxPrice%3D325000%26minBedrooms%3D2%26previousSearchLocation%3DSL1%25208DD%26radius%3D3.0%26searchLocation%3DSL1%25208DD%26searchType%3DSALE%26useLocationIdentifier%3Dfalse%26viewType%3DGRID%26box%3D-0.68536%2C-0.62734%2C51.50767%2C51.54820%26popupPropertyId%3D33291495&fromMap=true
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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15th Jan 15 at 14:37   View Garage View User's Profile U2U Member Reply With Quote

Bottom one has potential! Like the top one but not a lot of room around it?
Marc
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Registered: 11th Aug 02
Location: York
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15th Jan 15 at 20:31   View User's Profile U2U Member Reply With Quote

Change the fireplace in the living room in the last one and thats a very nice house.
dan_m1les
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Registered: 8th May 06
Location: Burnham, Buckinghamshire
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15th Jan 15 at 20:58   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by pow
Bottom one has potential! Like the top one but not a lot of room around it?


No but the extra bedroom means we could potentially rent it out for some good money.

Also a nicer version of the 3 bed, with a 1 car driveway, is for sale at the min for £375k so definitely room to make a few quid!
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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16th Jan 15 at 14:30   View Garage View User's Profile U2U Member Reply With Quote

See I wouldn't want a lodger in my home!
Ben G
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Registered: 12th Jan 07
Location: Essex
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16th Jan 15 at 14:58   View User's Profile U2U Member Reply With Quote

Yeah sod that. They could be a pervert.
dan_m1les
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Registered: 8th May 06
Location: Burnham, Buckinghamshire
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16th Jan 15 at 15:59   View User's Profile U2U Member Reply With Quote

Oh I'd only rent it short term to someone i knew!

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