Buying patch of garden from next door
Discussion
Next door is rented out so is just a money earner for the owner, I may want to ask about buying a patch of their garden that's behind their garage to extend my garden about 9ft by 16ft.
The land has no other access and could not be built on to make a separate dwelling, the patch is an overgrown mess as the renters don't bother (house empty now).
The size of their garden will reduce but no smaller than the same house opposite that just sold for the same price as others on the street so there will be no reduced value to their house/land. And I can see no real increase to my value as others with larger gardens all sell for the same in my street.
Not sure what to offer really.
The land has no other access and could not be built on to make a separate dwelling, the patch is an overgrown mess as the renters don't bother (house empty now).
The size of their garden will reduce but no smaller than the same house opposite that just sold for the same price as others on the street so there will be no reduced value to their house/land. And I can see no real increase to my value as others with larger gardens all sell for the same in my street.
Not sure what to offer really.
HotJambalaya said:
Its a little hard to say without knowing at all what the houses are worth. However your neighbour may feel that whilst the garden is a pain in the backside now, it will enhance the saleability of his house, it may not sell for more then the others around it, but it may be what sells the house.
With regards to the contract, if you're paying you might tell him to go get a lawyer and (assuming reasonable costs) refund the fees he pays. I'd been told to do this when I was paying both sides once, since if they used the same bunch it could all potentially have been overturned with some dispute down the line by saying you had a hand in it. They have their own independent legal advice etc, the problem goes away.
All the houses sell for £185,000 and have done for the last 5 years not many come up for sale. The one I mentioned in the OP with the smallest garden that will match that my neighbour will be left with sold for £185K asking price and got sold to the first viewer before the agent even advertised it.With regards to the contract, if you're paying you might tell him to go get a lawyer and (assuming reasonable costs) refund the fees he pays. I'd been told to do this when I was paying both sides once, since if they used the same bunch it could all potentially have been overturned with some dispute down the line by saying you had a hand in it. They have their own independent legal advice etc, the problem goes away.
TA14 said:
If I were buying next door it sounds an ideal area to extend the garage back/build a shed/materials storage area etc. ...
Try offering £10K?
Its just going to be a bit of extra grass space for the kids to have, I'm not going to pay 10k as it will not add a penny to the value of my house or devalue next door at all or alter the saleability either.Try offering £10K?
I was thinking about £3k.
TA14 said:
Remember that it's a risk that way round as well in that if he says he'll sell the land if you offer £3K he might have wanted £10K min but say to you let's settle at £5K or £6K. If he says he want's £15K or £20K he'd come down to the £10K that he wanted but he'd now suffer a huge loss of face to come down to £5K or £6K. The only real advantage in asking him to name a price is if you think that he'd only want less than you're prepared to pay, say £500 - possible but I think that the odds are against you.
Very true, I may slip into the conversation "a few Grand"FailHere said:
C Lee Farquar said:
Assuming he doesn't have a mortgage secured against the property
I'm surprised nobody mentioned this earlier, if there is any mortgage (on either property) it could make things a bit awkward. Building Societies can be funny about selling part of a property, also if you have a mortgage on your house would you be looking to include the land within the title of your house, or as a split title where that bit remains separate owned outright by you, rather than becoming part of the mortgaged property.Maybe renting it would be better but I don't want to move the fence, cultivate/turf, move a small shed onto it and the she decided to sell the house, would need to know I had it for 10 years a least.
I think the rent would need to be about £15-20 a month .
sparkythecat said:
Hang on. First you said you just wanted some more grass for your kids to play on. Now you want to build a shed on it?
What next? A bigger shed or noisy workshop?
It sounds more potential aggravation for the neighbour than its worth.
Calm down dear, nobody said anything about building a shed or noisy workshop.What next? A bigger shed or noisy workshop?
It sounds more potential aggravation for the neighbour than its worth.
I have a small garden shed that I keep the kids garden toys in, its up against the fence now so it would need to be moved back with the fence to free up the space for the turf to go down.
TA14 said:
Sounds like space is pretty tight and as your kids grow you'll need/want more space anyway. Why not just bite the bullet and move?
I wanted to move but the misses didn't so we extended, you do notice the reduction in space more so when the patio went down. Even if next door is a no goer it'll be fine for us.The house has just gone up for rent this week after their last tenants who were on witness protection for something got arrested 2 months ago for domestic violence and they got shipped out(that's another story).
So I was expecting to bump into the land lord last weekend as they will come over to clean it.
So I was expecting to bump into the land lord last weekend as they will come over to clean it.
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