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Found 7 results

  1. 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 gre
  2. Hi, Does anyone have any suggestions for finding out what price properties actually sold for in Northern Ireland? Regards, David
  3. Hi all, Looking for advice from people with experience in making BMV offers for flipping as this will be the purpose of my first project. What I'm really trying to determine here is a realistic conservative value for the below property example. Until I come to a clue I can't begin coming up with an offer price and sourcing potential finance options. Any opinions or just general advice to make the determining value process easier will all be welcome and greatly appreciated. About the property: Located in the town I grew up, on a street within two minute walk
  4. Hi. I wondered if anyone had any advice I could have: Where can I find expert opinion on the affect living adjacent to a pub can have on a house value? (or is anyone willing to be that expert with opinion?!) I am preparing a case for a Valuation Tribunal and need to find expert opinion to include within the case: - The VOA have referenced the average house price for our street in 1993. However, our house is adjacent to a noisy pub so any expert opinion I can receive / find on the extent this can reduce a house price would be very useful in showing the distance below that average
  5. Hi, I would like some advice regarding my consent to let property. Back in 2007 I bought my first property (bought for £106,000), it was a new build (off plan) one bedroom flat. In 2010 myself an my wife decided to buy a house together and due to not being able to sell the flat at a decent rate (valued at £85,000 - £97,000), decided to rent the flat out. The flat was changed from a 'residental mortage' to a 'consent to let mortgage' as The Norwich and Peterbough Building Society do not do 'buy to lets'. Since the crash of 2007 - 2008 I have expected the price to drop but gradually
  6. Hi all, I am currently going through a remortgage on one of my properties to release some equity to buy two further properties (thanks for the inspiration and motivation from The Property Podcast Rob and Rob! ) I have a good idea that I have valued the house right myself from the research I have done and as such I have submitted this number to the mortgage provider. Should I have got a professional valuation first to avoid the risk that the valuation comes in lower? Any advice on how you normally handle this would be appreciated. Thanks, Wes.
  7. Hi Everyone. I've never invested in HMO, but I'm obviously intrigued by the very positive cash flow. I wouldn't want the hassle of managing an HMO, and a portfolio full of them would make me cry. I do, however, think that a few scattered among a varied portfolio would be a good idea. The main question is, how does HMO conversion affect the capital value of a property? Is it a case that more bedrooms increase the value, or do smaller rooms negatively affect it? If its a negative, is it worth it when compared against the increased revenue, even taking into account higher ma
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