Yikes! I was driving to London yesterday afternoon and the estate agent, Kier, called me to say there was a serious offer on the table for the cottage! He claims the buyers are really anxious to sell and I think Kier is as well. There have been tremendous number of viewings in the last 5 days and the majority of the passers-thru are bedazzled by the asking price and the renovation bug created by the multitude of TV property shows.
There are so many unresolved issues with the place that makes it very difficult for me to really know what the place is worth. So, I sat in the car at Corley Park Services on the M6 and made an executive decision...put in an offer at nearly half of the asking price! There is no planning permission, a restrictive covenant, a leaking roof, no kitchen, no bathroom and a ton of other work to do! I figured the best way to value it is as a building site and not as a habitable property. Now it is a case of waiting for the vendors to respond....
No comments:
Post a Comment