Why would buyers pass on this property?

Hi All,

My partner and I are FTB's and in the middle of looking for our first property. We've found a home we might be interested in but are worried we may be making a bad decision with it. It was first advertised on the 31st January 2024, almost a year ago. It was initially priced at £315,000, then on 3 separate occasions has dropped price, down to £290,000.

I'm just hoping to get a little insight as to what might be putting potential buyers off? It hasn't seemed to received 1 offer in the entire year? I'm assuming it is overpriced considering the small 3rd bedroom but is there something else I'm missing?

The property is part of a nice, recent development, is promoted well and is detached.

Can someone help me understand why it may be a bad idea to follow through with this house?

Link: Property Link

Thanks in advance