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Alias_Omega
Posts: 7,912 Forumite
Having a look around for ideal places to renovate, we've come across this.
http://www.rightmove.co.uk/property-for-sale/property-16519368.html
What condition would you expect to find when you walk in?
http://www.rightmove.co.uk/property-for-sale/property-16519368.html
Agents Note
THIS PROPERTY IS IN PARTICULARLY BAD CONDITION AND SHOULD BE VIEWED WITH EXTREME CARE, WEARING SUITABLE CLOTHING AND FOOTWEAR. NO CHILDREN WILL BE ALLOWED ACCESS TO THE PROPERTY.
What condition would you expect to find when you walk in?
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Comments
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Dire from that description.
What on earth can it be like? It must be filthy, wonder who was there before and if it's been neglected or trashed in some way. The outside looks fine!0 -
It sounds derelict; as others have said the interior could have fallen in - perhaps even fire damaged??
EDIT -
Oh! I've just noticed 'no onward chain'......maybe someone passed away.....:("I'm ready for my close-up Mr. DeMille...."0 -
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Sounds like one of those off that programme Life of Grime0
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Chiaroscuro wrote: »Dire from that description.
What on earth can it be like? It must be filthy, wonder who was there before and if it's been neglected or trashed in some way. The outside looks fine!
OK, it doesn't.0 -
Norma_Desmond wrote: »It sounds derelict; as others have said the interior could have fallen in - perhaps even fire damaged??
EDIT -
Oh! I've just noticed 'no onward chain'......maybe someone passed away.....:(
Let us know if you decide to go for Alias_Omega, would be interesting to hear all about it.0 -
It was suggested to my Nan, she is the person who purchases property like this to sell on a few months later.
I would be very much interested if i was back in the Uk, unfortunately im not. Looks a good priced house for the area, as it would be about £170,000 to buy in this area.
Just trying to pull up a map of the rear garden0 -
My original thought was that it was an old person who had lived there for years and not done anything to the house, but the two Sky dishes on the house (one on the end wall and one on the roof) does not really fit with that theory.0
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i would suggest it has been owned by the same family for decades, and that the last surviving member has died fairly recently, not having had the funds to maintain it very well for several years.... the inside will be terribly dated, but not destroyed....
i would be wanting to fit new bathroom downstairs and see if i could put an ensuite upstairs as well, fit new kitchen, probably new windows throughout, possibly rewire, and until you get inside it is almost impossible to go any further than that...
you dont know if the old plaster is damp and therefore it needs complete replastering i would suggest it probably will, you dont know if the flooring is wooden and rotten with woodworm/dry
rot...
you can often tell if a roof is sound by looking at the outside, these photos are too blurry to be able to tell that..... but it will certainly need felting and insulating
then there is redecorating, new modern doors and all internal woodwork if you have to replaster, re-carpeting, garden tidied up .... what state is that garage in.. does it need demolishing? replacing ?
i would budget for absolutely everything - and if it needs less.. more profit - but methinks 48 hours may not be enough time for you to calculate your costs.. bearing in mind that there aren't even any room dimensions.....
i would never dream of offering aon a property i had not been inside with my builder... if you have to ask on a forum if you thinkn this is a money maker i suspect you may be new to this - and it is nowhere near as easy as the Homes Under The Hammer team make it seem.....
if you can get finance for a development project like this... you used to add on 10-12% of purchase price for buying and selling fees... but these will be much more now that you have to keep a property for 6 months before selling on... lenders have got very difficult .....
"" two Sky dishes on the house (one on the end wall and one on the roof) does not really fit with that theory. ""
so "old" people dont want to watch better tele than the 5 terrestial stations ????
good luck with this.....0 -
Hi Clutton,
The property was suggested to my Nan, not myself.
Alias0
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