Owning your own home

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moog

https://www.onthemarket.com/details/15260453/

Finger in the air quotes for how much it would cost to renovate a place like this? Is <£50k at all realistic or is it a £100k job?

No £40k kitchens, theoretically could do a lot of the grunt work myself and happy to lay flooring/decorate.

We're in no position to move for a while but currently trying to work out if we can stay in London or if it's a lost cause.

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hugo7 in reply to @moog

If the wiring and central heating is OK (and no surprises) then it really depends what your definition of done is.

To me it looks like it needs a new kitchen, bathroom and redecoration. In the sort of scope of someone on Property Lader BITD.

£10k for the bathroom? The kitchen is where you could potentially get vfm if you're prepared to keep the layout, do the work yourself and hunt down bargain appliances. Idk can you still bring a kitchen in for £5k?

I'd also say that personally speaking, I'd be fine living there without immediately having to gut it and go crazy. Just do the upstairs - new carpets throughout repaint, maybe reskim the ceilings, then live there for a bit to work out exactly what you want to do. Not a popular opinion but I think there's something to be said for living in a space so you understand it probably before jumping into work.

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IrPOWERranger in reply to @hugo7

Idk can you still bring a kitchen in for £5k?

It's easily doable with a bit of patience, tools and basic skills.
We bought our kitchen for £600 on eBay and I fitted it with my dad over about 3 days. Wooden worktops of course. It just meant keeping an eye out over about 2 months for one that ticked all our boxes.
Osmo oil and cupboard paints probably another £100 or so.
5 hob, 3 oven induction range, eBay again: £700
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si_mon628 in reply to @hugo7

Not a popular opinion but I think there's something to be said for living in a space so you understand it probably before jumping into work.

But it should be a popular opinion (in MY opinion...) - if a place is livable with no major issues, which to me includes maybe rank wallpaper you don't like, a dated bathroom or slightly threadbare carpets, it seems mad to start ripping stuff out/making a mess/firing the money gun before you've worked out how you live in it and what's most important to you.

Each to their own of course and if someone's got a dream plan they're confident with and the bank balance to see it through, fire away I guess.

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