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  • the place we looked at has been on the market for 2 months and according to the EA, there's been some interest but fuck all offers. it really is a state inside, which would explain the reticence for buyers to commit (beige tiles everywhere, walls that want knocking down, stippled wallpaper, hasn't been redecorated since the carter administration) but the lovely old dear that has lived there for the past 20 odd years just wants to gtfo, so realistically we could go in with a low ball offer and snap up a house for under 500 000 notes in se26.

    we've been tossing 80,000 notes as a rough figure for redecoration for shits and giggles.

    obviously a structural survey could reveal that the place is sinking into the earth, who knows.

  • It's totally a thing.

    Having a small house that needed 60k spending on it in West Hampstead beats having a huge flat in a lovely factory conversion in Hackney Central that's for sure, because now we get to live in West Hampstead instead of Hackney.

    One of the best decisions I ever made.

  • I think the trick is finding a place where the cost of the doer upper isn't just the same as a nice house in the same area minus the cost of refurb.

    As mentioned above developers/people generally are wise to it and the places are priced accordingly.

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