mattk
Member
Registered: 27th Feb 06
Location: St. Helens
User status: Offline
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its a full resto job, its on for £29,950 2 up 2 down end terraced with an abandoned pub next to it 
going to offer around 22 - 23 see what they say I think, its been up for a long long while now
not really sure what to do to it, its not in a paticulaly bad area and Im going to finish it to a good standard, I dont know weather I should live in it or rent it out
does anyone have any idea what % in fees letting agents take?
My mortgage / loan repayments wont be much as I have quite a large deposit relating to the price so if its viable to put someone in it and then make what my repayments are after the agent has took their cut then I might just do that.
if not Il make it a little shag pad for my self
any suggestions or tips on buying and renting would be sweet
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Ben J
Member
Registered: 31st Jan 05
Location: Cheshire
User status: Offline
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Find out whats happening with the pub.
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luciaadr
Member
Registered: 11th Aug 04
Location: Bexleyheath, Greater London
User status: Offline
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£29k 
Is it a pile of rubble?
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mattk
Member
Registered: 27th Feb 06
Location: St. Helens
User status: Offline
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the pub has been empty for about 4 years now, its boarded up, it will never be a pub again, alot of pubs round my way have shut now and a few have become offices or been demolished, it wont ever be a pub again I dont think, so either way it can only get better
its got a bus stop at the end of the gate, a school at the end of the road, a little shopping high street about 1/4 of a mile away and town is another 1/4 of a mile away
its in a bit of a state but its not really that bad, needs a kitchen, bathroom and boiler, I can do all that for under a grand
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Tom
Member
Registered: 3rd Apr 02
Location: Wirral, Merseyside
User status: Offline
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Serious question, are there loads of houses in the area that are boarded up etc? Is it likely a whole block might get demolished (including yours) in the future?
If you don't mind living in the area then do it to a good standard and move in yourself. If you are going ot rent it out, i'd do the bare minimum as it'll probably be a DSS type let by the sounds of it and may attract some people who aren't going to look after it!
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dan_m1les
Member
Registered: 8th May 06
Location: Burnham, Buckinghamshire
User status: Offline
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I couldn't buy a 1 x 1 m square of land for 29k nea me!
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AndyKent
Member
Registered: 3rd Sep 05
User status: Offline
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Good luck with an offer of 22/23. Thats getting on for 25% off the price - will never happen.
Amazingly cheap even at full price tbh
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Neo
Member
Registered: 20th Feb 07
Location: Essex
User status: Offline
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29k
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mattk
Member
Registered: 27th Feb 06
Location: St. Helens
User status: Offline
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quote:
Originally posted by Tom
Serious question, are there loads of houses in the area that are boarded up etc? Is it likely a whole block might get demolished (including yours) in the future?
Nahh all the other houses in the street are occupied, its on a main road, a lot of them are quite nice
mine is only a block of 2 mine is on the end with just one house next door
seems about right for 29k there is one on my street which is a bigger house in a better area for 27.5k that needs more work than im willing to put in though, a flat round the corner that was perfectly liveable yesterday had an offer accepted of 26k
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Neo
Member
Registered: 20th Feb 07
Location: Essex
User status: Offline
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All this talk of house prices in the £20k area is starting to make me feel sick
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John
Member
Registered: 30th Jun 03
User status: Offline
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My deposit is 20k
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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I'm aiming for a 40k deposit :Z
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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quote:
Originally posted by John
My deposit is 20k
same and that was a 10% mortgage. mental.
if it doesn't look a bad buy then go for it. if the whole street is boarded up and ''ghetto like'' then avoid.
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Gary
Premium Member
Registered: 22nd Nov 06
Location: West Yorkshire
User status: Offline
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Looks like an alright area on Street Veiw.
House interior looks well run down.
Nice project and a steal at 29k!
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Aaron
Member
Registered: 9th Aug 04
Location: Cottingham, East Riding
User status: Offline
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All the Southerners and Scottish folk in this thread are making me lol.
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Bonney
Member
Registered: 14th Nov 04
Location: St Helens
User status: Offline
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where is it, It can't be near the oddies near the firestation?
Thats the only place i can think of!
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Mike
Organiser: North West and North Wales
Premium Member
Registered: 20th May 06
Location: nr. Skipton, North Yorkshire
User status: Offline
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quote:
Originally posted by Bonney
where is it, It can't be near the oddies near the firestation?
Thats the only place i can think of!
Yep 
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Tommy L
Member
Registered: 21st Aug 06
Location: Northampton Drives: Audi wagon
User status: Offline
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Get some pics up!
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Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
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Pics!! What a buy if it all goes through...!!!
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Claire
Member
Registered: 19th Jan 03
Location: The Sarrrf
User status: Offline
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quote:
Originally posted by mattk
its in a bit of a state but its not really that bad, needs a kitchen, bathroom and boiler, I can do all that for under a grand
How? 
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Twiggy
Member
Registered: 15th Oct 04
User status: Offline
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In the trade....
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Kathryn W
Member
Registered: 12th Oct 03
Location: Widnes, Cheshire
User status: Offline
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If its the one I saw on right move then if you get it for the price you want it will be a right little bargain!
I think once modernised a lot of interest in renting, but it'd be ideal as a little shag pad to!
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Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
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wtf, you can buy houses for £29k? I'll have two please.
ffs.
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Bonney
Member
Registered: 14th Nov 04
Location: St Helens
User status: Offline
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Drive past it everyday. Some of the things and people around that part is shocking! Also the pub next door has been on fire more times than anything!
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Tom G
Member
Registered: 4th Aug 08
Location: Cheshire
User status: Offline
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quote:
Originally posted by Aaron
All the Southerners and Scottish folk in this thread are making me lol.
True! just moaning in every thread
Just move?
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