Mid-Life upgrade, Semi-Detached

c.1925 lived in by the same family for 45 years without substantive modernisation – upgraded to maximise profit on sale rather than sell to a developer

TOTAL PROJECT COST: £33,000 including

  • Total rewire (over 450M or cable installed along with new 17th Edition, dual RCD board)
  • Total re-plumbing, new combi boiler & radiators throughout including reconfiguring of Gas main
  • Full kitchen fitment
  • 2 full bathroom/toilet fitment
  • New windows/doors (internal & external) throughout
  • Substantial re-plastering
  • New internal skirting board & architrave
  • Full top-boton inside & out painting
  • Underlay & carpet / flooring throughout
  • Old Soil-stack & guttering, removed & replaced
  • UPVC facia boards fitted
  • Driveway freshened
  • Old green house & conservatory taken down, gardens tidied

House sold for £15,000 –above– the ‘top-end’ of all 5 estate agent valuations / asking price, in 2 weeks of coming to market.

The resulting ‘up-lift on market value from pre to post upgrade was some £70,000 giving a profit of around £37,000 over the turn-around period that would have otherwise gone to a developer

Author: admin