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Would you take this project on?

(10 Posts)
lookingatsomemarrows Fri 10-Aug-18 18:53:10

http://www.rightmove.co.uk/property-for-sale/property-74079971.html
Agents estimate £100k of work and will take 6 months absolute max. Any glaring issues with it?

ianbealesonwheels Fri 10-Aug-18 19:49:59

I would be very very sceptical. Why has the extension been started but not completed? Plus you don’t know the standard of work done so far

lookingatsomemarrows Fri 10-Aug-18 19:57:44

Put on hold due to separation. Building work seems ok, husband is in property

ianbealesonwheels Fri 10-Aug-18 20:03:43

Husband is in property but not finishing it? So obviously he thinks it will be very unlikely to add value. And that’s at trade prices...

lookingatsomemarrows Fri 10-Aug-18 20:38:34

No my husband is in property and the seller is also in property

LlamaPyjamas Fri 10-Aug-18 20:48:25

View the property with a builder and get a proper quote. Don’t rely on a guess made by an estate agent who knows nothing about building work. If possible chat to the builder who has done the work so far.

Don’t rely on the plans meeting building regs. I know from bitter experience that it’s perfectly possible to get planning permission for something that building regs will never sign off! We got permission to replace a patio door with an ordinary window but building regs said we couldn’t replace an opening door with a non opening window because of fire regs. We had to rip out the brand new window and reinstate the fire access. I was like - if it isn’t permitted then why did they grant planning permission?! And they said it’s not the responsibility of the planning dept to check that your plans comply with building regs.

prettygreywalls Fri 10-Aug-18 21:16:12

@ llama
If the plans are drawn up by a reputable architect they should comply

prettygreywalls Fri 10-Aug-18 21:32:10

Yes I would be very keen to look at it
Providing

Work to date has been signed off by building regs

You do your sums carefully ( several times ) and know what you are in for financially before you start

You have the time , commitment , resources, money , vision and drive to want to do this type of project through to completion , the reality of projects like this is very different to sitting watching homes under the hammer from the comfort of your sofa

If you go ahead I wish you all the best , it's an amazing experience building and converting a house so exciting and so worthwhile

ianbealesonwheels Fri 10-Aug-18 21:34:05

If your husband is in property why aren’t you asking him about the EA estimated time scale and budget??

KevinTheYuccaPlant Sat 11-Aug-18 19:25:41

Take it you're a cash buyer, as borrowing on that will be very expensive in its current state. Also check whether you'll be able to get it insured.

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