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Is my relative right that HA flats as neighbours would put off future buyers or is he just being a bit of a snob?
Sadly, he's not wrong. We're struggling to sell ours at the moment for vaguely similar reasons.
People are snobs. -
Is your flat cheap?
Might be priced in already
He advised against buying it and he said his primary reason for doing so is because there is housing association flats next door and that this could make it difficult to sell in the future/neighbours could be difficult.
Primary reason. What were the secondary reasons?
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Can you say whereabouts in Peckham?
There’s good bits and bad bits.
It’s a really popular place live at the moment though. -
@brockwell_local Bristol not London but I put an offer at pretty much asking price on this (https://www.rightmove.co.uk/property/79075989) which was 2 doors down from these flats. Flats looked well maintained but would rather not have them there, mainly due to parking or if they got converted into student flats. House went 30k plus over asking had a shit load of offers
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I'm not sure it's as big an issue as your relative makes out. When I was an estate agent (hackney) we sold lots of properties that were directly next to council/HA properties. Of course, this put some people off but was much less of an issue if the property was a flat over say a house. The buyers looking at the flats would generally be younger, first-time buyers etc. and this was less of a concern.
If the property is decent and in a good spot I wouldn't rule it out and I don't think it would make it significantly more difficult to sell in the future.
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@brockwell_local
My gf and I are in the process of buying a flat in Peckham. We had a relative who is a surveyor look at it recently for his opinion.
He advised against buying it and he said his primary reason for doing so is because there is housing association flats next door and that this could make it difficult to sell in the future/neighbours could be difficult.
It’s not something we’d even considered or thought would be a problem. The most we’d noticed was that the communal garden for the HA flats is a bit untidy, but tbh it didn’t bother us.
Is my relative right that HA flats as neighbours would put off future buyers or is he just being a bit of a snob?