Hi we've seen a 3 bed semi-detached house in a really good location with a huge garden and scope for extension in the future. It desperately needs modernising but we have no idea how much these things cost to factor into how much we'd offer for the property. We'd like to do a lot of the cosmetic stuff ourselves but would pay for the big things.
The good thing is the property has relatively new central heating, boiler and electrics so I think what we'd need is:
- wall knocked down to make a large open plan kitchen/diner
- new kitchen (this would be our biggest cost as kitchen is our most important room)
- new bathroom fittings plus a wall knocked down in the bathroom which houses a cupboard we don't need
- new staircase
- fireplace removed and electric fire fitted
- new carpets and flooring throughout
- outside decking
- convert front lawn into driveway
- outside fencing
- garage insulated so we can use it as some sort of room
- redecorating
do you think £40-£50k is feasible for this task on average? I understand it's hard to give an exact figure but if we know it'll be, for example, £100k, we won't put an offer in.
thanks!