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Adding value...how easy is it in real world?
Dave79EastLondon posted a topic in Refurbs & Developing
Hi all After real world examples here. We are told add value add value add value but how easy is this? What strategies for you have or have not worked well for you in practice? I'm currently seeking to find a property that can be requires some surface works I.e new kitchen/redecoration and ideally can be converted from 1 bed to 2. Is there any advise/experiences you could share please Thanks-
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Hi Guys, I’m just in the process of purchasing my first property, it is a repossessed 2 bedroom flat so is in need of modernisation. I would say the flat needs a full refurb which would include a new kitchen, bathroom, redecorating, flooring and a new boiler. The surveyor said the electrics and plumbing seem to be fine but may need changing in the near future, so I was thinking to get this down whilst I’m changing everything else. I just wanted to know how much would something like this cost to be done at a good level. In my head I’ve budgeted for about £20k - £25k. Would be great to get some realistic cost from those who have done this type of work. Also if you know any good trades people that could do the job I would really appreciate it if you could forward me their details. I’m based in Croydon. I have attached the floor plan so you can get an idea of the size. You Thanks Charles
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Hi, Very quick question. I would appreciate any advise you can give me. I am thinking about building en suite to a guest bedroom. However there is enough space to fit only walking shower and small basin. Will that can be called and en suite and will it be adding value to the house?
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Hello All I am new to property investment hence I am still building my Power Team. I need to add value to my home so I am looking for a Plumber, Painting and Decorators in the house or a recommendation please. Your help will mean a lot to me. Thanking you in advance. Best Wishes Stella