Dream opportunity rather than house is more realistic, as the current one is utterly shiteJimmy Choo wrote: ↑Fri Sep 18, 2020 9:17 am
So it's still a dream house rather than a reality house?
We have a unique problem in that we require a place to house the business. This site had the opportunity, but when we added up the (realistic) costings, the final result would put in a bad finacial position, and if we were to knock it down and re-build, negative equity. The house is up for £285k meaning even if you threw £150k at a new build (unlikely) and 20k at a workshop, you be boyond the ceiling value of the houses in that area.
It needs to go for £220k for us to be in with a chance, but then you start attracting property developers at that price point.
At the moment, our house plans are on the back burner as we plan to pay the mortgage off before I'm 50 and aim for an early retirement (ish) and go travelling whilst we can still climb stairs unaided