5 things to know before viewing an empty property
Property viewings are perhaps one of the best ways to find out more about a property that may potentially become your next home. Yet, it can be difficult to truly picture yourself living in a property which lacks a homely feel when its empty and bearing little sign of life.
Empty properties can present themselves as problematic at face value. Marketing photos don’t necessarily do the property justice, alarm bells may ring at first (as you question why the property vacant) and it becomes difficult to picture as a home. However, there are plenty of legitimate reasons as to why a property may be sold empty, and also some potential benefits to buying one too. If you are looking into viewing an empty property, here’s five things we think you should know beforehand so that you can make the right decision.
You’ll see more of the property
With the property empty and free of furniture, it means that you’ll have a much better idea of the condition of its permanent fixtures and structures free from any obstructions.
As furniture and other fixtures often cover walls and floors, any flaws throughout the property in these areas will have nowhere to hide. Although a full survey of the house may be undertaken at a later date should you be serious about buying, viewing an empty property without any alarming defects on first sight is a reassuring sign early on.
You may get a quicker sale
As the property is currently uninhabited, you may find that there are a lot fewer hurdles to get over when it comes to moving in should you wish to buy.
Buying or selling an empty house can be far more straightforward than one which is occupied. You’re less likely to be caught up in a lengthy selling chain as you won’t be waiting for the previous owner to move out. You’ll also find that move-in dates are more flexible with empty properties, so you’ll be able to have more time to organise on your end and make arrangements for the big day. Ultimately, the sales process has the potential to be more streamlined and quicker when it’s unoccupied.
You’ll be able to get creative
When viewing a furnished property, you’ll already be given an idea of how a room could be laid out. This could affect how you go on to furnish the property should you buy it, which can limit your creativity.
With an unfinished property, you’ll have a blank canvas to experiment with before you find the perfect way to organise each room. You’re likely to find new ways to furnish the property – ways which may have otherwise gone amiss if the property was previously furnished (as it could have influenced your decision-making). Planning out and furnishing an empty property is the perfect time to get creative, so embrace it and let your imagination run free!
You shouldn’t assume the worst
Just because a property is vacant certainly doesn’t mean that it’s because nobody else wants to live there. There could be several reasons as to why a property is lying dormant, and they’re not always negative.
Perhaps it was recently inherited from a relative of the seller, or it was a previous rental property whereby the landlord is looking to sell their portfolio? Whilst you should ask the seller why the property is empty, there are many fair reasons as to why a property isn’t furnished at the time of selling – so don’t be initially put off by an empty home.
You could even get a better price
As unfurnished homes in their marketing photos can be less eye-catching compared to their furnished counterparts, there may be less interest in the property overall as a result. With fewer house viewings and less competition, you may have an advantage when it comes to your bargaining power.
Similarly, the previous homeowners may have moved into their new home already with their furniture – leaving them with an empty property that they are perhaps eager to sell on. If this is the case, it could work to your advantage when it comes to negotiating a sale, as the property will be costing them to stand empty.
If you are selling an empty property and need further advice, please do get in touch with us here.