Hi All

[Sprout]

Hi all.

 

Great forum and have been reviewing posts with great interest.

 

We are in the process of completing on the bungalow that borders our property with a view to gaining the benefit of its garage (which is serviced by a shared access owned by one of the other neighbouring properties (who is actually the vendor of the bungalow)) as well as slightly realigning the boundary to our benefit.

 

We are conscious that we are paying over the odds but the opportunity to gain a garage / workshop for our 'forever home' could not be passed up (we currently only have a small driveway)

 

The bungalow itself is in ramshackle conditon so we then need to decide the best process to dispose of it... From creating it a new rear access as a minimum (we won't be changing the volume of parking simply splitting it between the properties), refurbishing to a minimum spec, major works or demolish and rebuild.

 

In an odd way, this is less about making money and more about losing the least (of course our property will hopefully gain value on the basis of having a garage etc)

 

Location is a village outside of York.

 

Sprout

[ProDave]

Hi and welcome.

 

Have you considered rebuilding the bungalow as your forever home and selling your existing one?

[ToughButterCup]

1 hour ago, Sprout said:

...

In an odd way, this is less about making money and more about losing the least

...

 

But in the process of 'losing' money, presumably in building anew, you will be creating value that could (I understand you don't) be realised.....

Dont underestimate the 'value' of building next door to your current house. Its a pain sometimes (you cant take a break - you can always see whats going on) but overall its very useful.

 

Welcome by the way.

Ian

[scottishjohn]

2 hours ago, Sprout said:

(which is serviced by a shared access

that can be a big problem  -who maintains it? -is it written into the sale about up keep and how you can enforce them to pay thier share

not something i would consider having been there before 

and other party just said I can,t afford it -so you need something inthe slae to make them pay if they are not forth coming

and is it written that no one can park on it if there is a pinch point -now is the time to sort any possible problems  for when you fall out with niehbour ,or if they sell and you get a bad neighbour

[Sprout]

 

Hi All

 

Thanks for your responses:

6 hours ago, ProDave said:

Have you considered rebuilding the bungalow as your forever home and selling your existing one?

We have considered it but as we have already extended our property, formed a discrete brick built office and have lovely mature garden the 'pull' isnt really there

 

5 hours ago, ToughButterCup said:

But in the process of 'losing' money, presumably in building anew, you will be creating value that could (I understand you don't) be realised.....

Dont underestimate the 'value' of building next door to your current house. Its a pain sometimes (you cant take a break - you can always see whats going on) but overall its very useful.

I understand what you are saying - my point was that based on what we have spent on the 'bungalow' is over the odds and taking the garage will lose value from it and I consider that even building a new 4 bed house may not realise what we have spent

 

The point about pain is noted (and not something we had fully considered)

4 hours ago, scottishjohn said:

that can be a big problem  -who maintains it? -is it written into the sale about up keep and how you can enforce them to pay thier share

not something i would consider having been there before 

and other party just said I can,t afford it -so you need something inthe slae to make them pay if they are not forth coming

and is it written that no one can park on it if there is a pinch point -now is the time to sort any possible problems  for when you fall out with niehbour ,or if they sell and you get a bad neighbour

I have attached an image of the properties near the access, and lettered them:

A -  Our property

B - the property we are buying with the double garage at the Southern boundary (with two parking spaces infront of the garage) - these are explicitly owned and do not form part of the 'access road'

C - the vendors property (access onto the 'access' is blocked off

D - other property owned by the vendor - has garage and one parking space parallel to site E

E- Double (linear) garage with one parking space in front

F- Single garage - no parking space in front

Pink hatched area is the access which is owned by the vendor and I understand maintenance liability falls on them

 

Properties B,D,E and F have covenants stating:

 

"FULL and free right and liberty to the Purchasers and their successors in title agents visitors licensees and servants and the owners and occupiers for the time being of the property hereby conveyed and of the messuage or dwellinghouse known as "REDACTED" aforesaid to pass and repass at all times hereafter by day or night for all purposes with or without vehicles mechanically propelled or otherwise over and along the roadway delineated on the plan annexed hereto and thereon marked "right of way" and coloured brown leading from the property
firstly herein described to the highway known as "REDACTED" aforesaid.""

 

We will be bricking up one of the garages and using the area in front to form the access to the rear of the property we are buying so the number of spaces / parking provision should not change in the eyes of the planners

 

Have I missed anything?

 

Sprout

 

[Russell griffiths]

Why not move the boundaries to what you want and whack it back on the market

project properties normally in short supply. 

[ProDave]

So this is all about access and parking to the REAR of your house?

 

I would demolish the southern half of the garage, leaving a clear driveway through to the end of your existing garden, where you can make parking / garaging as you want.  Alternatively a brick wall down the centre to divide it into 2 garages and put a garage door in the back wall of the half you are keeping so you can if you wish drive straight through.  you could even extend your half to a double length garage.

 

Then sell on the bungalow with little more than a tidy up with a single garage.

[Sprout]

2 hours ago, Russell griffiths said:

Why not move the boundaries to what you want and whack it back on the market

project properties normally in short supply. 

Essentially this is our initial plan unless we can get an improved return by doing 'something'

 

1 hour ago, ProDave said:

So this is all about access and parking to the REAR of your house?

 

I would demolish the southern half of the garage, leaving a clear driveway through to the end of your existing garden, where you can make parking / garaging as you want.  Alternatively a brick wall down the centre to divide it into 2 garages and put a garage door in the back wall of the half you are keeping so you can if you wish drive straight through.  you could even extend your half to a double length garage.

 

Then sell on the bungalow with little more than a tidy up with a single garage.

Yep - parking at the rear.

 

Definitely been considering the above. Only downside is that my wife is a big veg / greenhouse gardener and this would remove the area she has created for this over the last 10 years... A hard sell!

 

Thanks for the comments

 

Sprout

 

Ps anyone in the market for a project bungalow just outside York ?