With mixed feelings our lovely Victorian (1898) London house is for sale, privately. It’s in Leytonstone, E11 has woods and miles of common land at the end of the road (literally) and is one tube stop away from the new Olympic villiage (and Leyton Orient!). With 3 double bedrooms, 3 reception rooms, a cellar, lots of period features, MY lovely new kitchen with posh appliances and a large loft that has not been extended it’s ripe for use as lovely family home doubling as an excellent long-term investment.
We’ve simply decided that the hassle of renting out a house 150 miles away and the possibility of further interest rate hikes negate any likely *long* term profits we’d make if we held onto it for - say - another 10 years. On top of the hassle in the short term it’s going to start costing us money too.
Anyway, full details available on Property Broker.
July 12th, 2007 at 8:59 pm
/me wonders why you chose to not go through an estate agent…
July 12th, 2007 at 9:04 pm
I fail to see how Estate Agents add value.
In 2002 we sold our plat privately (through propertybroker) saving £5K-£6K. With this house based on a 2% commission we’ll save around £7.6K.
It makes perfect sense to me.
If in a month or so we’ve had no interest we’ll put it on the market ‘properly’.