Many buyers are on the hunt for a property needing work. With an asking price lower than the finished equivalent, the potential to make it your own and the possibility for a profit, buyers queue up to see if it’s the one for them. For example, we have just completed the sale of 18 Windmill Hill, a property very much in need of work. The demand for properties like this is very strong in the current market. Within 30 minutes of listing the property the phones were ringing off the hook. 12 potential purchasers arrived at an open house the following Saturday and a number of offers were made on the day. If you are considering selling a property that needs substantial work and don’t want the stress and cost of improving it, don’t worry, the market is still very strong for properties offering the buyer a project. For a valuation, no matter the condition, call us on 01803 852773 for the Brixham area or 01803 844466 for the Churston/Paignton area.
If you are lucky enough to purchase a property in need of work, here is a great tip. Eric Lloyd & Co have been selling properties for over 60 years and over the years we have developed great relationships with trades across the board. If you need advise on good tradesmen, suppliers or local furniture shops, drop into our offices and have a chat, we’re always willing to give advice to help you out.