Talk me into or out of this house please

Talk me into or out of this house please

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Discussion

bennno

11,677 posts

270 months

Tuesday 22nd June 2021
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BigBen said:
https://www.rightmove.co.uk/properties/108907565#/

Pros are it is in the right location and on a good big plot

Cons are well look at it.

My thoughts are to knock down the flat roof bit and replace with a pitched roof extension then add a separate garage block, but then how to make the rest of the house look less grim?

Thoughts and suggestions please.

Ben
I'd wager it needs £100-200k spending on it to make it half decent, windows nasty, staircase, kitchen etc.

Deeds may restrict ability to sub divide plot due to access arrangements, that will have a significant influence on the value.

Its not cheap, this was within a couple of miles and didn't need work ...

https://www.rightmove.co.uk/properties/103783688?u...

CharlesdeGaulle

26,339 posts

181 months

Tuesday 22nd June 2021
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I like it too. A very appealing project, but perfectly liveable as-is, for a few months at least, whilst you work out what you'd want to do.

okgo

38,153 posts

199 months

Tuesday 22nd June 2021
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What are folk seeing that I'm not?

1 million quid all told to live in the worst looking house in a private road next to a depot?

sleepezy

1,815 posts

235 months

Tuesday 22nd June 2021
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Love this sort of house - we bought similar - 1960's/70's benefit from large rooms and space and are ripe for updating. You do need some vision in what you can change and how you can make it look but the results can be great.

No idea on the area, value or top price you could achieve after renovations. My only real concern would be the industrial estate and when it's extended into the paddocks/field the house currently benefits from.

BigBen

Original Poster:

11,653 posts

231 months

Tuesday 22nd June 2021
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okgo said:
What are folk seeing that I'm not?

1 million quid all told to live in the worst looking house in a private road next to a depot?
I largely agree with you and that was why I started the thread. Surprised it has found so much love TBH

Although you do score extra PH points for assuming it can't be made liveable for anything less than £250,000

Ben

toon10

6,207 posts

158 months

Tuesday 22nd June 2021
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okgo said:
What are folk seeing that I'm not?

1 million quid all told to live in the worst looking house in a private road next to a depot?
I'm not the only one then. It's a big house and nice enough bit it needs a lot of work so all in, that's at least a £1m house. Maybe being from Northumberland I'm just not used to those crazy prices. I saw my dream barn conversion in a great post code up here a few months ago. It was a similar size but more desirable in every other way and it was finished too. It was up for £525k! You can get a lot nicer and up here for that sort of money. I don't know the housing market there but it is interesting to see the difference in values depending on where you live.

Autopilot

1,301 posts

185 months

Tuesday 22nd June 2021
quotequote all
bennno said:
I'd wager it needs £100-200k spending on it to make it half decent, windows nasty, staircase, kitchen etc.

Deeds may restrict ability to sub divide plot due to access arrangements, that will have a significant influence on the value.

Its not cheap, this was within a couple of miles and didn't need work ...

https://www.rightmove.co.uk/properties/103783688?u...
I think this is food for thought, will end up costing similar but very different homes at the end of it so guess it would depend on some of the drivers behind it.

If it's a live-in renovation, stay there for a bit, decide what you want to do, recover funds for a while and undertake chunks of work yourself to make it financially viable, then I don't see what's not to like. It has bags of potential and think that could be pretty awesome with a bit of vision!

Megaflow

9,457 posts

226 months

Tuesday 22nd June 2021
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I like it, plot is superb and house is a great size. Yes, it is not the prettiest thing and I’d want to know the industrial estate is not going to get any closer.

I’d improve the looks, and space by putting a huge master bedroom suite above the family room and garage. Having done something similar a few years ago, slightly smaller, there won’t be any change out of £100k for the extension.

Factor in knocking the kitchen & diner into one room, new kitchen, lot if electrical and plumbing work, etc, it’s going to be £150k plus of work.

okgo

38,153 posts

199 months

Tuesday 22nd June 2021
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toon10 said:
I'm not the only one then. It's a big house and nice enough bit it needs a lot of work so all in, that's at least a £1m house. Maybe being from Northumberland I'm just not used to those crazy prices. I saw my dream barn conversion in a great post code up here a few months ago. It was a similar size but more desirable in every other way and it was finished too. It was up for £525k! You can get a lot nicer and up here for that sort of money. I don't know the housing market there but it is interesting to see the difference in values depending on where you live.
I live in London and I was surprised at the price of it!

TwistingMyMelon

6,385 posts

206 months

Tuesday 22nd June 2021
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Looks good

As soon as I saw a flat roof I thought it would be leak tastic...I think you can see the stains on the kitchen ceiling!

I'm guessing it was owned by the church , hence its "functional" fit out

I 'd be worried about the biz estate behind expanding

It looks pretty solid and straightforward as it is, sod spending £200k on it , id just redecorate, new kitchen (or tidy up) and rip out the carpets upstairs.

If I was going to spend money I'd replace/upgrade the flat roof, I don't have the deep pockets to spend hundreds of thousands to have a show home.

Otherwise it looks a nice place to relax in, only downside for me is its proximity to Northampton should things expand

Leicester Loyal

4,554 posts

123 months

Tuesday 22nd June 2021
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I love it!

Will need a good 150-200k spending on it though.

Keep us updated if you go for it!

Sheepshanks

32,836 posts

120 months

Tuesday 22nd June 2021
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TwistingMyMelon said:
As soon as I saw a flat roof I thought it would be leak tastic...I think you can see the stains on the kitchen ceiling!
The kitchen is nowhere near the flat roof! Whch makes the stains even more alarming!!

covmutley

3,031 posts

191 months

Tuesday 22nd June 2021
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I like it! I love the way it sits in its plot, although outside needs completely landscaping to better connect the house and garden and create livable outside spaces.

I will chuck some guesstiamte figures out there, just for fun! :

Kitchen £20k, plus 5k to reconfigure kitchen/dining
2 bathrooms £10k
doors and windows £15k (nothing fancy)
stairs £10k
heating system £10k
electrics £7k
decorating and odds and sods £10k
landscaping £20k

Total: £107k. Fairly standard stuff. Start adding bi-folds, fancy bathrooms and kitchens and obviously it can double, or quadruple!


Baldchap

7,700 posts

93 months

Tuesday 22nd June 2021
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To me it looks like an old folk's home or some '70s council offices.

Obviously spending is all discretionary, but you could easily eat through £150k sorting it out to a standard you'd want to live with and it'd still look awful.

That £900k one is a much better buy to my mind.

BigBen

Original Poster:

11,653 posts

231 months

Tuesday 22nd June 2021
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Baldchap said:
That £900k one is a much better buy to my mind.
Agreed, but it isn't for sale.

Baldchap

7,700 posts

93 months

Tuesday 22nd June 2021
quotequote all
BigBen said:
Baldchap said:
That £900k one is a much better buy to my mind.
Agreed, but it isn't for sale.
Didn't spot that! thumbupreadit

TheJimi

25,021 posts

244 months

Tuesday 22nd June 2021
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Talk you out of it? Nope.

That place as a LOT of potential, and I'd say ignore those who are suggesting that it can't be improved on for less than £100-250k. Admittedly, that depends on what exactly you'd want to.



okgo said:
What are folk seeing that I'm not?

1 million quid all told to live in the worst looking house in a private road next to a depot?
next to a depot?

"next to"?

Why are you exaggerating?

Also, you don't see the irony of you slating the f*ck out the place when, £1m quid in the city you live in gets you the square root of sod all?



Edited by TheJimi on Tuesday 22 June 13:29

Evoluzione

10,345 posts

244 months

Tuesday 22nd June 2021
quotequote all
BigBen said:
okgo said:
What are folk seeing that I'm not?

1 million quid all told to live in the worst looking house in a private road next to a depot?
I largely agree with you and that was why I started the thread. Surprised it has found so much love TBH

Although you do score extra PH points for assuming it can't be made liveable for anything less than £250,000

Ben
You can't buy taste biggrin

okgo

38,153 posts

199 months

Tuesday 22nd June 2021
quotequote all
TheJimi said:
next to a depot?

"next to"?

Why are you exaggerating?

Also, you don't see the irony of you slating the f*ck out the place when, £1m quid in the city you live in gets you the square root of sod all?



Edited by TheJimi on Tuesday 22 June 13:29
If you ever want to sell it then doing things like adding 5k kitchens isn't going to work at this level, hence its going to eat a lot of cash to do it justice, which is fine. And there's always a market for people who love this style of property, not me, but as proved, lots do.

It is pretty close to a depot, which may or may not get bigger, I dare say the Decathlon hanger is a recent addition, I wouldn't want to be able to see any of that.

No I don't see the irony in that, presumably he wants to live near Northampton because he is a cobbler or needs to get somewhere where there's work, like London, or maybe Birmingham. Living 20 mins from London costs money, not rocket science that one. And FWIW my house actually isn't much smaller than that one and wasn't much more than the number you've quoted. So there's always that myth busted.

anonymous-user

55 months

Tuesday 22nd June 2021
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okgo said:
If you ever want to sell it then doing things like adding 5k kitchens isn't going to work at this level
If it sells now without a kitchen, how does that work?