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sean

Fancy a fixer-upper?

Six bedrooms, 140k. The front looks OK. Sounds as though the rest of it is a candidate for one of those DIY SOS programmes.
earthyvirgo

Re: Fancy a fixer-upper?

Six bedrooms, 140k. The front looks OK. Sounds as though the rest of it is a candidate for one of those DIY SOS programmes.


Nice lot of space if it goes at that price. Decent garden too.

EV
Hairyloon

Wasn't there somebody here asking about investments a while back..?
MornieG

Reckon even with the damp penetration and providing there is nothing like subsidence you could do that up for approx 100k +/- 10k and have a very nice property at the end of it for 250k all in. Maybe 10 years ago I might have taken it on.

Mo.XX
dpack

THE KNOCK THROUGH LOOKS A BIT IFFY

the beam is possibly undersized and the supports seem to be the original brick,depending what is above(stud or a semi load bearing wall,(or load bearing wall,unlikely)it might need a decent bit of rsj and engineering brick pillars.

apart from that it looks fairly solid if a bit half done,assume all services need redoing.maybe less than 100k to fix it.
vegplot

THE KNOCK THROUGH LOOKS A BIT IFFY

the beam is possibly undersized and the supports seem to be the original brick,depending what is above(stud or a semi load bearing wall,(or load bearing wall,unlikely)it might need a decent bit of rsj and engineering brick pillars.

apart from that it looks fairly solid if a bit half done,assume all services need redoing.maybe less than 100k to fix it.


They've only read Part 1 of the two part guide to enlarging your living space. Part 2 covers structural considerations.
dpack

THE KNOCK THROUGH LOOKS A BIT IFFY

the beam is possibly undersized and the supports seem to be the original brick,depending what is above(stud or a semi load bearing wall,(or load bearing wall,unlikely)it might need a decent bit of rsj and engineering brick pillars.

apart from that it looks fairly solid if a bit half done,assume all services need redoing.maybe less than 100k to fix it.

They've only read Part 1 of the two part guide to enlarging your living space. Part 2 covers structural considerations.

im inclined to agree with that Shocked tis quite common though
Behemoth

It's an auction guide price. A builder will be doing his sums. I bet it goes for 175 - 200k. Obviously Sean will attend and report back. dpack

doing the sums on one like that is a balance between worst case/not that bad and how much per month you earn by the time it is sold again.

personally if i wanted to live in it i would pay more than if it was a do it up/sell it.

a do it up sell it builder would probably hope for a 10 to 20 % net return after all costs and a decent wage while doing it.with plenty of cash it might be a goer ,if you had to borrow to buy and/or fix it might be a work for nowt job even if it auctions at at 60%below fixed up price.
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