How much to offer for a house needing complete renovation?

[ILoveMondeo]

schmunk said:

ILoveMondeo said:

3k for a kitchen on your list seems massively low, you'd struggle to get appliances for less than £1k.

http://www.ikea.com/gb/en/catalog/categories/depar...

http://www.ikea.com/gb/en/catalog/categories/depar...

...and so on.

Cool if the kitchen is exactly that size... or you only want appliance down one wall.

Point taken though.

[schmunk]

ILoveMondeo said:

Cool if the kitchen is exactly that size... or you only want appliance down one wall.

Point taken though.

It's all modular (like any kitchen). Those prices are just quotes for particular combinations.

[ILoveMondeo]

Well, I've stuck in an offer at 235k, give me scope to fix it up, and a small contingency.

I've also made it clear that this is subject to surveyor and builder not finding anything horribly wrong that's not been taken into account (mainly structural problems, conservatory needing pulling down, or dry/wet rot in the timber).

Will update on what happens!

[blade7]

Blackbird Leys Estate ?

[ILoveMondeo]

Too Late said:

Bad quality but here is our building quote for a 4 bed house.

Cool, thanks for that, looks like structural repairs or extension on there?

Loosing the some of those big ticket items like substructure stuff, and roof works, and a few other bits and bobs I wont be needing, it all looks pretty much in line with my expectations. Thank you.

If of course survey reveals issues I dont know about then the whole thing may well be off.

[ILoveMondeo]

blade7 said:

Blackbird Leys Estate ?

haha, NO! Miles away!

[jonah35]

ILoveMondeo said:

jonah35 said:

£60k to do up an ex council house seems steep.

Kitchen units and appliances £2-3k
Bathrooms £1500 each
Rewire £2k
Carpets £1500
Decoration, new doors, skirting etc £2500
Labour £7k
Id struggle to see how you could spend over £20k.

Even if you needed central heating, double glazing and expensive appliances and a garage then £30k max.

Where does £60k come from?

Can I have the number of your builder?

Or what decade was it you paid that lot?

I'm working on this (all including labour/fitting, I'm not lifting a finger)

Windows + exterior doors 10k
kitchen 10k
bathrooms 8k
rip out everything/replaster/repaint/repair or replace ceilings where needed 10k
boiler+re-plumbing 5k
wiring throughout 5k
Ground works / landscaping £3k (there's a crater of an ex-pond and all kinds of cack in the garden)
Floor coverings 3k
and a contingency for doors/frames/floorboards/etc that are past it.

I'd put all of those at "half decent, but not top of the line" costs for F&F. 3k for a kitchen on your list seems massively low, you'd struggle to get appliances for less than £1k.

I'm not including any improvements that would be "just for me" like a decent fireplace, groundworks and garage build, electricity to garage/garden, etc.

Also, I've no idea what state the conservatory is in, may need replacing or just getting rid of. I forgot to check when I viewed the place.

My guy charges £115 per day and it would take 10 weeks ish so £6k ish labour.
Windows, my guy has just done 3 double glazed, fitted for £750.

£8k bathroom on an ex council house? Wickes do a bath, basin and p bath with glass screen for about £400. Fancy taps plus tiles at £10psqm leaves change out of £1k!.

Boiler and plumbing done for £1500

Rewire for £5k??!! Check on myhammer for quotes.

I know down south is dearer but materials same price.

[jonah35]

For what its worth my local builder throws up detached houses for £38k and theyre not bad spec!

£60k seems high but I suppose it depends on what stuff you get but there will be a ceiling price.

Look at howdens for kitchens (you need a trade account).

Theres a Bulgarian chap in manchester too that does great kitchens dirt cheap.

[The Moose]

jonah35 said:

My guy charges £115 per day and it would take 10 weeks ish so £6k ish labour.
Windows, my guy has just done 3 double glazed, fitted for £750.

£8k bathroom on an ex council house? Wickes do a bath, basin and p bath with glass screen for about £400. Fancy taps plus tiles at £10psqm leaves change out of £1k!.

Boiler and plumbing done for £1500

Rewire for £5k??!! Check on myhammer for quotes.

I know down south is dearer but materials same price.

Does he want to come and work down South?!

I'll even pay accom!!

[ILoveMondeo]

jonah35 said:

My guy charges £115 per day and it would take 10 weeks ish so £6k ish labour.
Windows, my guy has just done 3 double glazed, fitted for £750.

£8k bathroom on an ex council house? Wickes do a bath, basin and p bath with glass screen for about £400. Fancy taps plus tiles at £10psqm leaves change out of £1k!.

Boiler and plumbing done for £1500

Rewire for £5k??!! Check on myhammer for quotes.

I know down south is dearer but materials same price.

I will of course be shopping around for quotes should it all go through, as I said they are vaguely educated guesses at best, I may well have over cooked some items but equally I've certainly underestimated others.

All useful info, thank you, I will definitely be taking all the advice here I to account.

Just waiting to hear back from the vendor now, I'm disinclined to increase my offer if they don't accept, certainly not until I've been around with a builder.

I doubt they will accept anyway, they were so over optimistic about the value I think they'll probably just take it personally.

[jonah35]

The Moose said:

jonah35 said:

My guy charges £115 per day and it would take 10 weeks ish so £6k ish labour.
Windows, my guy has just done 3 double glazed, fitted for £750.

£8k bathroom on an ex council house? Wickes do a bath, basin and p bath with glass screen for about £400. Fancy taps plus tiles at £10psqm leaves change out of £1k!.

Boiler and plumbing done for £1500

Rewire for £5k??!! Check on myhammer for quotes.

I know down south is dearer but materials same price.

Does he want to come and work down South?!

I'll even pay accom!!

Maybe!!