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id hate to see what your place will look like if you think you can get an acceptable kitchen and bathroom for 10k.
new kitchen for that place, unless you like skip diving, will cost a minimum of 8k - probably closer to 10 if you are doing it properly.
Buy in the sales and do as much prep work as you can and I reckon a £5k bathroom is totally feasible. It's an old Victorian maisonette, we're not after a hotel bathroom here
Crispin_Glover
id hate to see what your place will look like if you think you can get an acceptable kitchen and bathroom for 10k.
new kitchen for that place, unless you like skip diving, will cost a minimum of 8k - probably closer to 10 if you are doing it properly.
new bathroom, again, yeah you can get something shite for a few k but if you are doing it properly, i'd imagine it will cost 5 or 6k there as well.
the damp might be caused by many things but I would be budgeting for new windows too, again, it'll cost what it costs, but probably the thick end of 5k as well.
replastering, damp proof course, rewiring, you arent going to get any change out of 7k there either. so now were up to 28k.
odds and ends will crop up that need doing, and you'll probably want new flooring as well - another 2k or so there. so now youre in for 30k.
so you spend 265k on buying it, probably over 30k making it into somewhere you actually want to live and enjoy and not just exist, with the SDLT and fees it'll owe you 300k.
I'm happy to put my neck on the line and say when the artificial supports currently in place are removed - that flat will not be worth 300k. buy it as a home by all means, but dont think that there is easy money to be made by buying it and throwing some magnolia emulsion around, because there isnt.