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its a very rough estimate, but if you have a new boiler to install, update plumbing with adequate pipes & radiators, install a new kitchen with appliances, new bathroom, new flooring (carpet or wood), plaster work, half of the windows, moving one or 2 partition walls, etc. you must not underestimate the budget.
this is good to know, thanks - we’re defo on the cheap side (also we’re up north) - house is probably 100sqm, imagine the roof might well need re-doing (loft hatch was screwed in place so couldn’t check anything internal).
@Señor_Bear - good point, definitely already looked at leaving the kitchen and bathroom as is for now as even if they’re tired and ugly, they’re functional.
In case folks are interested - it’s this:
https://www.rightmove.co.uk/property/85821220 (lots of old damp stains/mouldy bits hidden behind sofas in the photos - looks like it’s been a HMO for years and not looked after at all)