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Bristol Post
Bristol Post
Business
Emma Grimshaw

Bristol's 'most unwanted' home has been on the market for almost five years

Bristol's most unwanted home has been on the market for almost five years. The one-bed flat is being advertised for £250,000 and is in a prime location at the harbourside.

It comes with one bathroom, a fully fitted kitchen and a balcony. The Crescent offers stunning views over Bristol's floating harbour and even comes with parking options.

The latest research by digital upfront property pack provider, Moverly, revealed that the property has been advertised for a staggering 1,659 days.

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While the longest active listing in Britain has been on the market for 5,139 days. It is a 2-bed ground floor maisonette in East London with a current asking price of £349,995. It was first put up for sale on 16th February 2009.

Moverly co-founder Ed Molyneux, said: “It’s been long understood and just as long maligned that Britain’s homebuying process is utterly archaic and, therefore, takes far too long to complete, leaving both sellers and buyers frustrated and leading to all manner of unwanted occurrences such as broken chains and fall-throughs.

"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."

"Anyone who wants to avoid becoming one of the unluckiest sellers in the nation needs to make sure that their home is being marketed in the right way, at the right price, and with the right information ready for potential buyers. Because, while you’re unlikely to be sat on the market for fourteen years, a year or even two can easily come and go if your home is not being sold in the right way.”

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