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I would't feel bad about giving them a number you think it's worth. For reference, for my flat I offered 60k under asking and bought it for 50k under asking.
plantasia-
@plantasia good work!
bobble
Top floor flat points duly noted. This and this are like 10 doors down on a lovely road. Identical size/layout, though Number 1 has no garden. Number 1 is lovely inside. Number 2 has a barren wasteland of an outside space which is overlooked (GFF has a bit of it fenced off) with an asbestos looking garage, less period features, a dated kitchen, dated bathroom, needs decorating, but is 50k more asking (having been reduced 10k already). Why? Premium on end of terrace flat and a derelict garage & 'courtyard' can't be that much. Number 2 has been for sale for 4 months, reduced once, and the guy has moved to Brighton.
Don't even know why I'm looking at number 2, but do just think if it was the right price could add value (redecorate, new bathroom + kitchen), and then in time try and sort the outside space and rebuild the garage.
How low a number can I pass to the estate agent whilst making these points? I have viewed it about a month ago and said words to the effect of its overpriced I'm not interested.