Would you buy next to this?

Discussion in 'What to buy' started by Bran, 24th Apr, 2017.

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  1. Bran

    Bran Well-Known Member

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    We've put an offer on a new PPOR - but this is next door.

    Pros:
    Quiet neighbours!
    Provides for very interesting and quite lovely views from the windows
    Has character/heritage listing - would only be demolished if deemed uninhabitable - from the outside at least, it looks sound and restorable

    Cons:
    Low maintenance
    Chance of pests (its one block in a built up suburb - snakes seem unlikely - rats/mice/roaches - sure)
    Curious/kids/squatters
    Large block with rear access - can build rear townhouses which will intrude on our privacy

    Thoughts?
    Effect on price?
     

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  2. EN710

    EN710 Well-Known Member

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    Uhh.... any squatters in it?
    In general I'd feel a bit unsafe ... which might be useful for your negotiation. No plan from owner to do anything on the lot?
     
  3. Bran

    Bran Well-Known Member

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    Nope - it's all boarded up and in a blue-chip street in a popular inner city suburb.

    The elderly owner has a handful - they are all in the same suburb sitting neglected. Apparently in his 80s.

    I would looove to buy that old house. Some TLC on a great big block = permanent family home
     
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  4. wylie

    wylie Moderator Staff Member

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    Can you approach him to buy it? I wonder if he (possibly his family) is allowing it to fall down so they can build townhouses.
     
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  5. willair

    willair Well-Known Member Premium Member

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    Even with the 2 old original hardwood post that house is still very level,and with the old rovers in the front and side and the way the front entry is set makes one wonder what cars are under the house and what's inside,would not worry me 1%,because they only downside would be as that looks like a large block when they remove that house what will be built..
     
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  6. The Y-man

    The Y-man Moderator Staff Member

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    You already know the effects on the price - you've put an offer in! :D

    The Y-man
     
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  7. HUGH72

    HUGH72 Well-Known Member

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    If deemed uninhabitable? I'm sure the family members who will likely inherit it could arrange for it to be so..

    What is the zoning for the block? That would determine my answer. I know a family in Morningside with a lovely Qlder on a huge block, the house has been upgraded and extended. 2 blocks down there is a multistory residential development. The adjacent property owners have little privacy now and less morning sun.
    The family we know were luckly, their neighbours were not.
     
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  8. Scott No Mates

    Scott No Mates Well-Known Member

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    Just think @Bran, if you buy the one that you're after, you too can board it up and have a classier suburb. Beat the Jones's in the race to the bottom. ;)
     
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  9. Joynz

    Joynz Well-Known Member

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    Rats are unlikely I think as there won't be any food inside the house.
     
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  10. vbplease

    vbplease Well-Known Member

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    That would be my dream purchase too.. very nice looking house.

    It is very strange why he'd keep them bordered up? If he really want to knock it down, you'd think he would have done it already? At 80 he's not getting any younger..

    I'd feel comfortable buying next door. The photo does show the house plumb, so if it we to be condemned they'd have to introduce some white ants with metal teeth :D
     
  11. bob shovel

    bob shovel Well-Known Member

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    Are you moving to Rocky?
     
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  12. Bran

    Bran Well-Known Member

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    Like all my blocks !
     
  13. MTR

    MTR Well-Known Member

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    It will eventually be developed, as long as its not going to be apartments I would not care less.

    Shame though looked like the house had some character, but sadly would be hard to restore now.??
     
  14. LifesGood

    LifesGood Well-Known Member

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    Lick of paint and she'll be right
     
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  15. HUGH72

    HUGH72 Well-Known Member

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    Tough decision
     
  16. HUGH72

    HUGH72 Well-Known Member

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    Probably held together by the termite trails.
     
  17. Bran

    Bran Well-Known Member

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    Gut, lift, concrete, rebuild. Mow.
     
  18. bob shovel

    bob shovel Well-Known Member

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    Build a big fence.

    Pro- is you'll get yours for cheap if other interested buyers are also put of by the shanty next door
     
  19. Bran

    Bran Well-Known Member

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    Already is a big fence
     
  20. Foxy Moron

    Foxy Moron Well-Known Member

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    My automatic reaction would be a big thumbs up. However it’s lucky you know the story of the owners for this one which gives confidence. A mate of mine bought his dream home next to one of those in a millionaires row over Paddington way. A very strange rooster occupies it – allegedly a lawyer that wont mow or maintain anything and often roams around the yard in the nude. Worse still he never wants to sell. Very disconcerting for my mates young family. I'm sure you couldn’t be that unlucky Bran.
     
    Last edited: 24th Apr, 2017