Property spotlight: Round houses

Why are so many properties plain old square or rectangular? Circles are so much more interesting. Perhaps it’s because they’re much easier to construct. Also, angular furniture – especially fixtures such as fitted kitchens – can look odd in a curved interior. Nevertheless, many adventurous architects and homebuilders take the plunge and design round houses.

I especially like the open atriums or courtyards that can often be found at the centre of round houses. They make for quiet, private oases; often incorporating trees, pond or pool and seating areas.

Here are three round houses that we discovered that are currently for sale – one in the North of England, one in the far South of England and the last one which is just outside the Sperrin Area of Outstanding Natural Beauty in Northern Ireland.

Offers over £314,950: The Round House, 135 Fivemile Straight, Maghera, Northern Ireland BT46 5JP

The Round House offers a special opportunity to acquire an architecturally stunning detached bungalow, tucked away a short drive from the main arterial A6 Glenshane Road and Maghera.

• Shortlisted in the NI House of the Year for BBC in 2011, The Round House extends to c.3,200 sq.ft. and is uniquely designed with a Gaudi theme.
• Exceptional standard of finish throughout including: underfloor heating; recessed lighting; solid wooden beams; solid Oak doors; Gaudi themed joinery and entrance gates; Bangor Blue roof slates etc.
• Fabulous internal accommodation including: master bedroom with en suite and two other bedrooms sharing an additional en suite; large lounge/dining area; spacious and modern kitchen/diner etc.
• Detached double garage block with electronic doors and range of stores.
• Exquisite grounds comprising: manicured lawns; mature trees, shrubs and hedging; wooden gazebo on raised wooden decking; brick paved BBQ area; enclosed private courtyard etc.
• Ample parking facilities with tarmac car parking areas to front and side of dwelling.
• Access via bespoke electronic gates and entrance pillars/walls.
• Recently fitted alarm and CCTV system (installed 2021).

£390,000: The Round House, Northney Marina, Hayling Island, Hampshire PO11 0FR

The Round House is an iconic building at the heart of Northney Marina in Hayling Island that began its life as a theatre and later converted to office space. Recently it has been transformed into 21 modern, contemporary apartments with an exceptional interior specification.

• 2 bedroom, 2 bathroom, ground floor luxury apartment
• Engineered oak flooring and carpets throughout
• Integrated kitchen appliances
• Silent Gliss blackout blinds
• Sunny westerly facing, decked veranda
• 2 parking spaces
• Leasehold: 197 years remaining

£1,500,000: Broad Lane, Downholland L39 7HX

A true architectural masterpiece, this home will captivate you from the moment you lay eyes on its unique structure. Modern in spirit with architecture rooted in tradition ‘The Round House’ offers what is surely one of West Lancashire’s most striking residential properties. The home is a dramatic addition to the landscape and is positioned on a fabulous, gated plot with a generous 8 acres of land, offering unrivalled privacy and tranquillity.

• True architectural masterpiece
• Four double bedrooms (all with en-suites)
• Circa 5240 square feet
• Breath-taking kitchen/living area
• Beautiful central courtyard
• 8 acres of land
• Extensive forecourt parking
• Attached double garage
• Expansive gated plot

10 strategies to capture buyers’ hearts in a sell-and-rent-back deal

Selling your property can be daunting, especially if you’ve grown attached to your home and neighbourhood. However, a unique option may help you retain some of the benefits of homeownership while unlocking the equity in your property – the sell-and-rent-back deal.

This arrangement allows you to sell your property to a buyer who then becomes your landlord, enabling you to continue living in your home while paying rent. If you’re considering this option, here are the top 10 strategies to pique the interest of potential buyers.

1. Pricing your property right

Pricing your property competitively can make it more attractive to potential buyers. It’s essential to conduct thorough research and consider the current market conditions, property values in your neighbourhood and the terms of your sell-and-rent-back agreement. If the price is too high, it may deter buyers; if it’s too low, you might lose out on potential income from the sale.

When determining the right price for your property, it’s important to strike a balance. Consider seeking the expertise of a certified appraiser, who can provide an unbiased valuation. Additionally, consider any unique features or upgrades in your property that may add value.

Remember, a well-priced property attracts more potential buyers and sets the stage for a smoother negotiation process. Investing time in this crucial step increases the likelihood of finding a buyer who recognises the true worth of your property and is eager to enter into a sell-and-rent-back agreement.

2. Highlight the benefits

You can emphasise the unique advantages of your offer to buyers. Some potential benefits include a guaranteed tenant (you), the opportunity for regular rental income and a potentially lower purchase price compared to traditional real estate transactions. Make sure buyers understand that these benefits can outweigh the perceived risks of such an arrangement.

Highlighting the benefits of a sell-and-rent-back arrangement is key to capturing the interest of potential buyers. One significant advantage is the guaranteed tenant – you. This provides assurance to buyers that their investment won’t result in extended vacancies or the uncertainties that come with traditional rentals.

Regular rental income is another appealing aspect. Buyers can rely on a steady flow of income, potentially providing financial stability. Moreover, the opportunity to purchase the property at a potentially lower price than market rates can be a powerful incentive for buyers looking to acquire real estate while saving on the upfront cost.

3. Present a well-maintained property

A well-kept property is more likely to attract buyers. Before listing your home, make any necessary repairs and improvements to ensure it’s in top condition. A clean, well-maintained property demonstrates your commitment to the deal and can boost buyer confidence. Highlighting the low maintenance and good condition of the property in your listing can help create a favourable impression.

Ensuring your property is impeccable can significantly enhance its appeal to potential buyers. Start by addressing any necessary repairs and improvements. This includes fixing structural issues, ensuring all appliances and systems are in working order and attending to cosmetic enhancements such as fresh paint or landscaping. A well-maintained property provides a comfortable living environment and conveys your dedication to the agreement.

Remember, a clean and attractive property is a tangible representation of your commitment to the deal. You reinforce the idea that buyers are making a sound investment by showcasing the property’s low maintenance and excellent condition. This approach boosts buyer confidence and sets a positive tone for the entire transaction.

4. Transparent and flexible lease terms

Transparency is key to building trust with potential buyers. Clearly outline the terms of the sell-and-rent-back agreement, including the duration of the lease, rent amounts and any other relevant conditions. Be open to negotiation and consider offering flexible lease terms, such as options for early termination or lease renewal. A flexible approach can make your deal more attractive to a wider range of buyers.

5. Market your property effectively

To attract buyers, you need to market your property effectively. To increase your property’s visibility, utilise multiple channels, such as online listings, social media and local real estate agencies. High-quality photos, detailed descriptions and even virtual tours can help potential buyers better understand your property and its value. Engage the services of a professional real estate agent if needed, as their expertise can make a significant difference.

6. Highlight the stability of your tenancy

One of the main concerns for buyers in a deal is the stability of the tenancy. To address this concern, demonstrate your reliability as a tenant. Provide evidence of your timely rent payments, responsible property upkeep and a commitment to staying long-term. A well-established track record as a responsible tenant can reassure buyers that the arrangement will be financially secure for them.

7. Offer financial incentives

To sweeten the deal for potential buyers, consider offering financial incentives. This could include covering the costs of the first few months’ rent, providing a home warranty or even contributing to the buyer’s closing costs. Incentives like these can make your property more appealing and may help you secure a favourable deal.

8. Address buyer concerns

Buyers may have concerns about the risks associated with sell-and-rent-back arrangements. Address these concerns honestly and transparently. Be prepared to provide legal documents outlining the terms of the lease and other relevant information, such as your rights and responsibilities as a tenant. Open communication can help alleviate any reservations and build trust with potential buyers.

9. Showcase the neighbourhood and location

Your property is not just the physical structure; it’s also the location and neighbourhood it’s situated in. Highlight the positive aspects of your area, such as proximity to schools, parks, shopping centres or public transportation. Emphasise the quality-of-life potential buyers can enjoy while living in your property. The more you can sell the whole package, the more attractive your offer becomes.

10. Encourage professional guidance

Finally, encourage potential buyers to seek professional advice. Suggest that they consult with real estate agents, lawyers and financial advisors to ensure they fully understand the sell-and-rent-back arrangement and its implications. This demonstrates your commitment to transparency and helps buyers make informed decisions.

Apply these winning strategies

In conclusion, the sell-and-rent-back arrangement can be an appealing option for both sellers looking to unlock equity and buyers seeking a steady income stream. To attract buyers to your property, it’s crucial to price it competitively, highlight the benefits, maintain the property, offer transparent lease terms and market it effectively.

Additionally, showcasing your stability as a tenant, providing financial incentives, addressing buyer concerns, emphasising the neighbourhood and encouraging professional guidance can all contribute to capturing the interest of potential buyers.

By following these strategies, you can increase your chances of finding the right buyer for your sell-and-rent-back deal and enjoy the benefits of this unique arrangement.

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Property spotlight: Wild swimming nearby

Wild swimming has become quite the thing of late – especially post-Covid-19. Some people brave the freezing water annually at Christmas or on New Year’s Day. Others enjoy a refreshing dip on a daily basis. The practice is said to be good for you; it bolsters the immune system and helps keep your mental health buoyant.

If you’re one of the growing number of people who partake in regular dips in the sea, rivers, lochs or lakes, we have a selection of properties with wild swimming opportunities nearby. One property (seen above) is positioned right next to the private Fritton Lake that’s only accessible to homeowners, guests and members of their club. Another overlooks a little loch, just the other side of the road. The last example has its own lake (with duck house) on its extensive land.

Offers over £135,000: Toftcarl Cottage, Thrumster, Wick KW1 5TR

• 2-bed detached cottage
• Stunning views over Loch Hempriggs and surrounding countryside
• Additional land available

The property is situated on an elevated plot, overlooking Hempriggs Loch which is renowned for its wild brown tout fishing and lots of wildlife can be seen visiting the area.

Guide price – £350,000-£375,000: Caldecott Hall, Fritton, Great Yarmouth NR31 9EY

Fritton Lake is the heart of the village and is a family run private holiday club which offers adventures in nature including wild swimming, trail running, yoga, great local food and a positive life-changing impact on the environment.

• UNIQUELY DESIGNED LODGE
• FREEHOLD
• INCREDIBLE VIEWS
• LOCATED ON SITE WITH FACILITIES
• FOUR BEDROOMS
• DECKED AREAS
• MODERN INTERIOR
• SPACIOUS OPEN PLAN LIVING
• MAINTENANCE FEE: £1,432

£4,000,000: Woodland Cottage, Little Durnford, Salisbury, Wiltshire SP4 6AH

The property is approaching 6 acres with approximately 4 acres of grassland and wildflower meadows There are approximately 2 acres of well maintained woodland… A bradstone paved patio to the rear leads down to a lawn which in turns leads down to a wildlife pond. A swim spa completes the outside terrace and being set into an attractive timber decked area creates a pleasant area to sit and sunbathe and enjoy the views over the garden.

• An exceptional and unique 6,000 sq ft detached house
• Located in quiet hamlet on the edge of Woodford Valley
• Compelling and well-designed accommodation
• Kitchen/dining/family room (54ft x 20ft)
• 5 bedrooms, 5 bathrooms
• South facing roof garden with rural views
• Private and secluded plot of approx 6 acres
• Potential annexe and range of outbuildings

Selling your home for cash: Quick, convenient and profitable

If you’re considering selling your home, you’ve probably heard about the option of selling it for cash. This method offers numerous benefits, including speed, convenience and the potential for a profitable sale. In this post, we’ll explore the advantages of when you sell house fast for cash, as well as what to expect throughout the process.

1. Quick sale

One of the most significant advantages of selling your home for cash is the speed at which you can close the deal. Traditional real estate transactions can take months, involving inspections, negotiations and a lengthy closing process. When you sell your home for cash, you can often close the deal in a matter of days or weeks.

2. Eliminate the hassle of repairs

Selling your home through traditional means often requires making costly repairs and renovations to make it more appealing to potential buyers. When selling for cash, you can sell your home as-is, eliminating the need for expensive fixes. Cash buyers are often interested in properties in various conditions, saving you time and money.

3. Avoid estate agent commissions

Traditional property transactions involve real estate agents who charge a commission fee. When you sell for cash, you can bypass these fees, allowing you to keep more of the sale proceeds for yourself. This can result in a more profitable sale.

4. No financing contingencies

In traditional sales, buyers often rely on financing, which can lead to delays or even a deal falling through if the buyer’s financing doesn’t come through. Cash buyers have the funds readily available, reducing the risk of the deal collapsing due to financing issues.

5. Convenience

Selling your home for cash offers unmatched convenience. You won’t have to deal with the stress of staging your home for showings, open houses or the inconvenience of multiple property viewings. Cash buyers are often investors or individuals looking for a quick purchase, making the process smooth and hassle-free.

6. Flexible closing dates

Cash buyers are often more flexible with closing dates. You can choose a closing date that works best for your schedule, allowing you to plan your move and transition with ease. This flexibility is a significant advantage, especially if you have a specific timeline in mind.

7. Sell in any market

Whether the real estate market is hot or slow, cash buyers remain active. You won’t have to wait for the ‘right’ market conditions to sell your home. Cash transactions are less affected by market fluctuations, giving you peace of mind when it comes to selling your property.

8. Reduced stress

The traditional home-selling process can be stressful, filled with uncertainties and negotiations. Cash transactions are more straightforward, reducing stress and uncertainty. You’ll know the sale price upfront, and there’s less room for surprises during the process.

9. Competitive offers

Cash buyers often make competitive offers. Since they are typically experienced investors, they understand the market and are willing to offer a fair price for your property. This means you can still achieve a profitable sale while enjoying the other benefits of a cash transaction.

10. Reliable buyers

Cash buyers are usually serious and committed to the purchase. They have the funds ready and are motivated to close the deal quickly. This reliability can give you peace of mind, knowing that the sale is likely to proceed smoothly.

11. Streamlined process

The process of selling your home for cash is streamlined. You won’t have to deal with complex contracts or the back-and-forth negotiations commonly seen in traditional sales. This simplicity makes the process more efficient and straightforward.

12. Avoid holding costs

Holding costs, including mortgage payments, property taxes and maintenance, can add up during a traditional sale. Selling your home for cash allows you to avoid these ongoing expenses, increasing your overall profit from the sale.

In conclusion, selling your home for cash offers a quick, convenient and profitable alternative to the traditional real estate transaction. Whether you’re looking to sell your home quickly, avoid costly repairs or reduce the stress associated with selling a property, cash transactions provide numerous benefits. With reliable buyers, competitive offers and a streamlined process, it’s a viable option worth considering for a successful home sale.