The noise and vibration affect the saleability of properties close to the train tracks. In this article, we will discuss how to use being near railway lines as an advantage and sell the property. There’s another alternative way to sell your property for cash, too, if you need to move on.
Some buyers aren’t fussed about living next door to a train line as we’ve seen thousands of properties in London. Elsewhere in the country, buyers are cautious.
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Advantages of owning a home near a railway station
- Not having to commute to the train station and pay for parking is a huge advantage. This can be a great selling point if your potential buyers are office workers in the city. When HS2 finally resumes, the railway project within walking distance of the train station will be a deciding factor when searching for a home.
- Your home could be a train spotter’s dream. A train enthusiast won’t mind the trains going by or their horn noise because they enjoy locomotives passing by and keeping a log of them.
Concerns that buyers may have about living next door to a train line
When buying a property, these are some of the concerns that a buyer may have:
- Disturbance from noise and vibration varies depending on the type of train service operating on the line(s) and its distance from your property. The noise level frequency of service, including day or night times, will be a key consideration for any prospective buyer. Just like living near a noisy road, living next to a train track isn’t for everyone.
- Health concerns about harmful toxins from diesel trains or radiation from overhead power lines for electric trains could be difficult to overcome.
- It is not unusual to find Japanese knotweed growing at the bottom of the garden adjoining the train tracks. Japanese knotweed is an invasive plant that can destroy the roots of any building. The plant was originally introduced to the side of railway tracks to help maintain the stability of the tracks.
- Excess vibration from high-speed trains could lead to a structural movement that will be flagged on any mortgage valuation.
Do a railway lines devalue property?
If you live near train tracks, near an airport or a motorway, it can devalue a property by as much as 30%.
Is it unhealthy to live next to train tracks?
A study carried out in California found that air quality for families living close to train tracks is so bad that cancer risk is increased 180 times.
How to overcome any buyers’ concerns?
Property Saviour specialise in buying any problem property that sellers are unable to dispose of. We can act quickly and decisively. Please send us photos of your property, tell us about the condition of your home and how quickly you’d like to achieve a sale. We promise to do our best to complete the sale within a few days.
It is entirely your choice to use your own solicitor or one that has a great working relationship with our solicitor. Often a typical solicitor can take several weeks to open a file, take on additional cases without the capacity and introduce delays in conveyancing. Not an ideal scenario if you need to sell now.
As soon we have received the legal pack from your solicitor, our solicitor will review, finalise any enquiries and complete the purchase.
The price we agree on is the price that we pay – meaning there are no deductions. No estate agents are involved, and the sale can be concluded within days.
There is no need to delay. If you are looking for a quick sale, we are the ones to trust. Enquire today or email us.
Property Saviour Price Promise
- The price we’ll offer is the price that you will receive with no hidden deductions.
- Be careful with ‘cash buyers’ who require a valuation needed for a mortgage or bridging loan.
- These valuations or surveys result in delays and price reductions later on.
- We are cash buyers. There are no surveys.
- We always provide proof of funds with every formal offer issued.
We'll Pay £1,500 Towards Your Legal Fees
- No long exclusivity agreement to sign because we are the buyers.
- You are welcome to use your own solicitor.
- If you don’t have one, we can ask our solicitors for recommendations.
- We share our solicitor’s details and issue a Memorandum of Sale.
Sell With Certainty & Speed
- Our approach is transparent and ethical, which is why sellers trust us.
- 100% Discretion guaranteed.
- If you have another buyer, you can put us in a contracts race to see who completes first.
- Complete in 10 days or at a timescale that works for you. You are in control.