May Be Taking The Plunge Into House Renovation
May Be Taking The Plunge Into House Renovation
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R500POP

Original Poster:

9,010 posts

234 months

Wednesday 5th October 2011
quotequote all
We've seen this house that on the face of it looks pretty oppressive, but we stopped by & we think it has potential. http://www.rightmove.co.uk/property-for-sale/prope...

So we are going to have a look at it, hopefully on Saturday. It tick all the boxes we require, with the exception of having a double garage, but given the plot size I think we can probably sort that one out.

Much to sort out before we buy, but, it's going to be a big, exciting step for us if it comes off.

I'd really appreciate some pointers as to what to look out for when we go to view to see what we need to do. We know it's got oil fired c/h, that will be replaced with a GSHP.

Edited by R500POP on Wednesday 5th October 08:59

Sonofabeesting

599 posts

207 months

Wednesday 5th October 2011
quotequote all
I am in the middle of house renovation. The more we took away the more we saw was bodged and had to take more away. Up go the time scales and the costs.

I am sure once it is done we will be much happier (and it will be safe, electrics etc were frankly dangerous). If you dont have a tight timescale (we do, the wife is 8 months pregnant) then its much easier.

My advice is pick your trade people well and even if you get friends to do work get them to give you a proper quote and contract for work. Agree everything before they start work, trust me it gets very difficult if you dont!

R500POP

Original Poster:

9,010 posts

234 months

Wednesday 5th October 2011
quotequote all
It's things like rewiring where I'm lost, I have no idea on the costs of rewiring a 4 bed house.

bga

8,134 posts

275 months

Wednesday 5th October 2011
quotequote all
R500POP said:
It's things like rewiring where I'm lost, I have no idea on the costs of rewiring a 4 bed house.
It was approx £5k (inc VAT) for my 3 bed house, that included a lot more wiring than "standard" - double (even more in some cases) the number of sockets, networking etc.

R500POP

Original Poster:

9,010 posts

234 months

Wednesday 5th October 2011
quotequote all
bga said:
It was approx £5k (inc VAT) for my 3 bed house, that included a lot more wiring than "standard" - double (even more in some cases) the number of sockets, networking etc.
Thanks, will budjet IRO £5k then for the sake of estimating refurb costs.

SeeFive

8,353 posts

257 months

Wednesday 5th October 2011
quotequote all
I do not know the area, or how different the houses are to each other in that particular street, but it looks like you have some work to do on the price to make it viable.

Even the most expensive properties on this sold prices website are not a lot over the asking price in that advertisement.

http://www.nethouseprices.com/index.php?con=sold_p...

R500POP

Original Poster:

9,010 posts

234 months

Wednesday 5th October 2011
quotequote all
SeeFive said:
I do not know the area, or how different the houses are to each other in that particular street, but it looks like you have some work to do on the price to make it viable.

Even the most expensive properties on this sold prices website are not a lot over the asking price in that advertisement.

http://www.nethouseprices.com/index.php?con=sold_p...
We think the same, it's between £50k & 100k overpriced currently, I see an offer of £300k being made.

Ranger 6

7,576 posts

273 months

Wednesday 5th October 2011
quotequote all
We renovated and extended a house we were already living in, the advantage with that was that we were able to plan ahead for what we wanted with the experience of how we wanted to use it.

My advice would be to think of it as a blank canvas - that fella from the TV show who painted the place white so the owners could look at it in a different way. So, don't look at it as a what colour kitchen - but more as a where do we want the kitchen. If the layout is roughly right then draw up a budget and get as many quotes as you can.

We found a builder who was happy to Project manage the whole thing, we gave him the keys and agreed on taking back a plastered shell - it worked beautifully, the chap was excellent, involving us at each stage early enough so any major decisions could be thought through properly.

Ultimately this decision was taken because we didn't have enough experience to manage the various trades and with the place being re-roofed. re-plumbed, re-wired and re-plastered as well as the structural changes I think it was good for us.

If you've got the experience and local knowledge to manage the various aspects of what you want then go ahead, but if you've never done it I'd research a decent builder first who can manage the project. From our experience it does cost a bit more, but ours was 3 days over schedule(3 months start to finish) and £2k under the quote - we were happy with that smile

russ_a

4,707 posts

235 months

Wednesday 5th October 2011
quotequote all
Sonofabeesting said:
I am in the middle of house renovation. The more we took away the more we saw was bodged and had to take more away. Up go the time scales and the costs.

I am sure once it is done we will be much happier (and it will be safe, electrics etc were frankly dangerous). If you dont have a tight timescale (we do, the wife is 8 months pregnant) then its much easier.

My advice is pick your trade people well and even if you get friends to do work get them to give you a proper quote and contract for work. Agree everything before they start work, trust me it gets very difficult if you dont!
Have to agree with this 100%- It's very difficult to tell a good friend to hurry up!!

Edit to say: what every you think it was cost double it, sames goes for how long it will take.

E36GUY

5,906 posts

242 months

Wednesday 5th October 2011
quotequote all
R500POP said:
We've seen this house that on the face of it looks pretty oppressive, but we stopped by & we think it has potential. http://www.rightmove.co.uk/property-for-sale/prope...

So we are going to have a look at it, hopefully on Saturday. It tick all the boxes we require, with the exception of having a double garage, but given the plot size I think we can probably sort that one out.

Much to sort out before we buy, but, it's going to be a big, exciting step for us if it comes off.

I'd really appreciate some pointers as to what to look out for when we go to view to see what we need to do. We know it's got oil fired c/h, that will be replaced with a GSHP.

Edited by R500POP on Wednesday 5th October 08:59
Great house. Loads of potential. Would look much improved with a coat of white paint on the outside to lift the drab exterior. It's the colour of the render that's letting it down.

R500POP

Original Poster:

9,010 posts

234 months

Wednesday 5th October 2011
quotequote all
E36GUY said:
Great house. Loads of potential. Would look much improved with a coat of white paint on the outside to lift the drab exterior. It's the colour of the render that's letting it down.
It does look very gloomy from the outside, but we said we'd slap some light paint on as a starter so we don't thin "gos it's gloomy" every time we pull up on the drive.

AndyClockwise

689 posts

186 months

Wednesday 5th October 2011
quotequote all
It certainly has lots of potential.

That is a lovely area of Bristol and close to the Hospital for the inevitable chisel slips etc.


AndyClockwise

689 posts

186 months

Wednesday 5th October 2011
quotequote all
With all those trees around a CCTV survey of the drainage system may well be a good idea

R500POP

Original Poster:

9,010 posts

234 months

Wednesday 5th October 2011
quotequote all
AndyClockwise said:
With all those trees around a CCTV survey of the drainage system may well be a good idea
HADN'T THOUGH OF THAT, GOOD IDEA, THANKS.

Irish

3,991 posts

263 months

Wednesday 5th October 2011
quotequote all
That is a lot of house for the money.

Never tire of this lot for inspiration: http://www.backtofrontexteriordesign.com/

R500POP

Original Poster:

9,010 posts

234 months

Friday 7th October 2011
quotequote all
Our current house is being valued today, if it's worth close to what we think it is it'll be on the market soon, then all we have to is hope the vendors of the new place shift a bit on price.

R500POP

Original Poster:

9,010 posts

234 months

Thursday 13th October 2011
quotequote all
Well it's good news & not so good news.

Our house is worth about £25k more than we thought, but the vendor of the other place won't shift much on price according to the agents, and it's going to need about £100k of work, from first inspection we are looking at......

New roof & some trusses, new water system, replacement of the oil fired heating, re-wire, new windows, possibly some damp issues in one room to sort.

So it may be back to plan 1, build our own part underground house on a hillside.