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Ballpark costs of refurbishment
Comments
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EICR - Electrical Installation Condition Report - is not a certificate but a report.FreeBear said:123imp said: I don't know anything about the wiring in the property, it has been rented prior to being up for sale so I assume the electrics are ok.Having an EIRC certificate is not conclusive proof that the electrics are OK.Did some work to my niece's new home that had been a rental. Found cables in contact with central heating pipes and the gas pipe to the boiler - Both should have been a failure in my opinion.If the house you are looking at is £30K under neighbouring properties, it would be wise to dig a little deeper and have a full survey done. It might highlight issues with the roof or some structural defects that you missed when viewing - Either of which could easily blow your £25K budget out of the water.0 -
My impression is that people often overpay for doer uppers. If this is only £30k cheaper than one in good condition, it’s not really worth the bother perhaps?No reliance should be placed on the above! Absolutely none, do you hear?0
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GDB2222 said:My impression is that people often overpay for doer uppers. If this is only £30k cheaper than one in good condition, it’s not really worth the bother perhaps?
If you are a flipper, then probably not a lot of profit (if any) in it. As a long term home, you could spend the same getting a decent condition place decorated to your liking. At least with a £25K budget, that would include finishes to suit the OPs taste - That is assuming there are no hidden horrors to swallow the budget and more.
Any language construct that forces such insanity in this case should be abandoned without regrets. –
Erik Aronesty, 2014
Treasure the moments that you have. Savour them for as long as you can for they will never come back again.0 -
Perhaps bother was the wrong word? I meant risk of it costing a lot more.No reliance should be placed on the above! Absolutely none, do you hear?0
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Up north £25k is a good budget
kitchen £5k
bathroom £5k
windows and doors less than £5k unless you want rock doors
So plenty left to insulate the walls and other small building workA thankyou is payment enough .1 -
Wow never seen prices like that0
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