Owning your own home

Oh those windows will be expensive was my second thought. Either to make kind of airtight and isolating, or the heating bill will be baaad.

I mean I would run a mile from that company. Glitzy website with very little actual detail. Spelling mistakes here and there. Website says they're in business over 20 years. Companies house doesn't have an exact match down to the address, but what I expect is their company was actually incorporated in 2021.

In fairness, trust pilot reviews seem decent.

Still, if I were you I'd go nowhere near. Get a proper damp specialist or a builder with lots of experience resolving damp issues.

I mean 20 years experience doesn't necessarily mean the company has been going for 20 years, just the people in it have experience.

I definitely would put that company under potential cowboys though.

20 people with 1 years experience?

That's a very good point! Thank you for pushing me to think that through a bit more 🙂

https://www.rightmove.co.uk/properties/137282693#/?channel=RES_BUY

Wow.

Don't find many like that in Leyton.

Converted visitor centre for a wetland nature experience?

Looks a bit like it doesn't it. It is my sort of thing though. Probably not in Grimsby. Come to think of it, I have no idea where Grimsby is.

Obvs not a patch on a ply kitchened 3 bed in Homerton ;)

That's the stuff of dreams for me too. Grimsby is definitely not selling it well, but how about if you reframe as on the edge of the Lincolnshire wolds?

I've not spent all that much time round there, but have been a few times and it's nice. Very very flat, though.

https://www.rightmove.co.uk/properties/144170648#/?channel=RES_BUY

What would you be looking at to modernise insulation; fit ground source heat pump; underfloor heating throughout,; new wood panel windows; new kitchen and new extension in place of current terrace porch; new bathrooms and modernise decor?

£300k?

Enough to knock it down and build something decent, no?

Not in this economy

Nice , £300k would be relatively easy to get to. Does that include vat?
If not whack another £60k on that.
Might be cheaper to buy a plot then build from nothing = no vat and free reign to design something nice

Do you still not pay vat on new builds?

Refresh fail

Then live in it for a year and sell with capital gains tax.

Sort of - building work to construct new build resi has zero vat. You'll still pay vat on some of it (fittings etc)

Probably the best approach, but seems to be a wooden bungalow so maybe easy to make big changes.

Too close to A25

Yeah I though that

There’s barely any traffic on it there.

Chatting to an architect at the moment about doing similar to something the same size and £250k is their assumed minimum before you go to funtown with the fittings or add any square footage.

If I had a million pounds in cash (no mortgage possible on that), well, I would not be spending it on a prefab bungalow in UKIPland

@lemonade what would you spend it on?