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AE speak modernisation vs refurbishment rqd

natwill_3
natwill_3 Posts: 271 Forumite
in House buying, renting & selling
Does anyone know the difference between what these two mean?

Comments

  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Modernisation will mean windows, plumbing and electrics - the house hasn't been touched in ages.

    Refurbishment means new kitchen, bathroom, decor.

    I'm sure they can get muddled round and they could both mean either really. :)
    Everything that is supposed to be in heaven is already here on earth.
  • natwill_3
    natwill_3 Posts: 271 Forumite
    Thanks for that, its still very cheap compared to similar properties of that size on that road, probably a bit niave but I'm convinced its a bargain!!

    A bit of white paint and away we go..
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    natwill wrote:
    Thanks for that, its still very cheap compared to similar properties of that size on that road, probably a bit niave but I'm convinced its a bargain!!

    Does this house need modernisation or refurbishment?
    natwill wrote:
    A bit of white paint and away we go..

    Are you serious? Are you going to live in it or are you planning to sell it on?
    Everything that is supposed to be in heaven is already here on earth.
  • natwill_3
    natwill_3 Posts: 271 Forumite
    Hi, it says the property requires modernisation, I'm assuming kitchen and bathroom?

    I want to live in it, my place under offer and I am looking for a flat.

    Put an offer in last week at 97% of asking price on another property but yet to hear back so looking again :confused:
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Be careful! Sometimes you're lucky enough that the property has been maintained but just not redecorated. I'd have a good look at roof, windows, boiler, plug sockets, fusebox etc before making any offers. You want to know exactly what you're getting yourself into!

    The most important things in a house are not the pretty things ;)

    Good Luck :)
    Everything that is supposed to be in heaven is already here on earth.
  • natwill_3
    natwill_3 Posts: 271 Forumite
    Thanks!

    Round here anything that isn't white with wood floors and spotlights is marketed as requiring modernisation/refurbishment...so cross your fingers.

    In a flat which has been converted as part of a victorian terrace I hope the roof etc has been maintained, windows would be a worry, but I rewired, re plumbed and put new kitchen/bathroom in my present flat so could cope with that.

    On the same road flats of same size, are going for about 5ok more when they are v well presented so its definately worth considering as long as I could live in it!
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    natwill wrote:
    On the same road flats of same size, are going for about 5ok more when they are v well presented so its definately worth considering as long as I could live in it!

    Wow! I hope it's as good as it seems :cool:
    Everything that is supposed to be in heaven is already here on earth.
  • natwill_3
    natwill_3 Posts: 271 Forumite
    First offer on refurb flat has just been accepted, 300 offer on 310 asking....yippeeeeeeee so forget workmen, I can just move in

    huge glass of wine :j
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Even better! :beer:
    Everything that is supposed to be in heaven is already here on earth.
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