Geefresh95
Member
- Messages
- 4
- Location
- SE England
Hi!
I'm looking at buying a small flat built circa 1820. It's the top of a four storey (plus basement) building in a long-ish terraced row. I rented it a few years ago for a year and a half and was very happy there, for both the place itself and other personal reasons. It was for sale at the time but I couldn't get the deposit together and ended up moving out before it was sold. After a few years of being (naturellement) an Airbnb, it is now back on the market and I'm now in a position to buy as a FTB, altho it's the top of my budget. For the same money I could get a victorian two-up, so I'm concerned it's a heart-over-head purchase. Aside from that, however, the main concern is...
The flat spans approx 5m and a false wall has been added running front to back (not sure when over the 200 years), chopping it into 1/3 & 2/3. The floor drops very noticeably, slanting down the to false wall. The drop is probably about 2 inches. I have spoken to one of the other freeholders who owns a flat two floors below and he said this was due to timber shrinkage since all the walls are wood. He said that one of the other flats further along on the terrace is even worse and it's nothing to worry about and it's more noticeable at the top. However, I have worked in and viewed another 4 flats in the terrace and didn't notice the same thing, even on the ones higher up. There is one where the lounge/kitchen spans the whole 5m with no false wall and there is no drop into the middle.
So...
Will it continue to get noticeably worse in the near to mid future or has the shrinkage shrunk to its shrinkiest amount? Does it make the flat a no-no outright? Is it something that will, at some point, need to be rectified, thereby leaving me in negative equity should I ever need to sell and/or need tens and tens of grands spent on it? Etc?
I stayed in it last night, since it's still an Airbnb, as a 'try before you possibly buy' thing and it felt like "coming home" so, if I did buy it, it would be a "forever home" for me (until I get old and the stairs are too much, that is!), so it's not like I'm looking to flip it for profit...but at the same time I obvs don't want to buy a duffer/total money pit.
If I go ahead, I'll be getting a survey of course but, before I drop grands on that, I thought I'd better consult with some period experts!
Thanks in advance!
Photos attached. This point, where the door frames for the lounge and front bedroom meet, is where it is worst.


I'm looking at buying a small flat built circa 1820. It's the top of a four storey (plus basement) building in a long-ish terraced row. I rented it a few years ago for a year and a half and was very happy there, for both the place itself and other personal reasons. It was for sale at the time but I couldn't get the deposit together and ended up moving out before it was sold. After a few years of being (naturellement) an Airbnb, it is now back on the market and I'm now in a position to buy as a FTB, altho it's the top of my budget. For the same money I could get a victorian two-up, so I'm concerned it's a heart-over-head purchase. Aside from that, however, the main concern is...
The flat spans approx 5m and a false wall has been added running front to back (not sure when over the 200 years), chopping it into 1/3 & 2/3. The floor drops very noticeably, slanting down the to false wall. The drop is probably about 2 inches. I have spoken to one of the other freeholders who owns a flat two floors below and he said this was due to timber shrinkage since all the walls are wood. He said that one of the other flats further along on the terrace is even worse and it's nothing to worry about and it's more noticeable at the top. However, I have worked in and viewed another 4 flats in the terrace and didn't notice the same thing, even on the ones higher up. There is one where the lounge/kitchen spans the whole 5m with no false wall and there is no drop into the middle.
So...
Will it continue to get noticeably worse in the near to mid future or has the shrinkage shrunk to its shrinkiest amount? Does it make the flat a no-no outright? Is it something that will, at some point, need to be rectified, thereby leaving me in negative equity should I ever need to sell and/or need tens and tens of grands spent on it? Etc?
I stayed in it last night, since it's still an Airbnb, as a 'try before you possibly buy' thing and it felt like "coming home" so, if I did buy it, it would be a "forever home" for me (until I get old and the stairs are too much, that is!), so it's not like I'm looking to flip it for profit...but at the same time I obvs don't want to buy a duffer/total money pit.
If I go ahead, I'll be getting a survey of course but, before I drop grands on that, I thought I'd better consult with some period experts!
Thanks in advance!
Photos attached. This point, where the door frames for the lounge and front bedroom meet, is where it is worst.




