UK’s ‘most unwanted home’ goes unsold for FOURTEEN YEARS – but would YOU snap it up?
BRITAIN’S ‘most unwanted home’ has gone unsold for fourteen years – but would you snap it up?
The two-bed maisonette in Enfield, North London has been on the market since February 2009, making it the UK’s longest-listed property.
The home’s listing says that it would “make and ideal family home or investment opportunity”, but it has failed to attract any interest.
It’s not even that the leasehold is too risky an investment, as it was renewed for 125 years in 2004, according to the agents.
Photos from inside the home show that it is small, but not tiny, with a double bedroom, living area, kitchen and a second bedroom ideal for a child.
There is off-street parking attached to the building and it is a short-walk from Enfield Town Station.
While the asking price might seem high at £339,995, it’s cheaper than many over similarly-sized properties in the capital.
Ed Molyneux, co-founder of property site Moverly, told LBC: “It might come as a surprise to hear that, during our nation’s much-reported housing shortage, perfectly good homes can sit on the market for more than a decade without finding a buyer, but there are any number of reasons why this might be.
“The asking prices might be too high; the property itself might be too unique or quirky, requiring an acquired taste; or perhaps they’re in a state of such disrepair that nobody is willing to touch them.
“It’s also possible that the homes have simply not been marketed in a manner that attracts the buyers that the property itself deserves.”
He advised homeowners to ensure, when selling up, that their property is being marketed correctly and that buyers are provided with all the important information.
He added that, while it was rare for a home to stay unsold for 14 years, a year or two is easily possible if buyers aren’t being properly attracted.