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How much to refurbish this stunning house?

209 replies

NotABeliever · 16/01/2021 19:34

Asking for my brother who's chain free and recently moved to Oxford.
He's planning to redo all the wiring, plumbing, new boiler, new kitchen and bathrooms, all flooring, roof and decoration. He's asking me how much all this done to good standard would cost without an extension and not moving the plumbing unless absolutely necessary. I've recently refurbished a house but on a much smaller scale so I don't really know.
In particular, can you spot any extra structural work that may be needed from the video. It's in quite a state isn't it?
TIA

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NotABeliever · 16/01/2021 19:35
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Krazynights34 · 16/01/2021 19:38

You haven’t posted a link

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Krazynights34 · 16/01/2021 19:38

Ah

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MNnicknameforCVthreads · 16/01/2021 19:40

I am not qualified to give an opinion, but based on just watching property shows etc, I’d be surprised if you got much change from £150k.

I may be way off though (in either direction). Will be interested to see what others think.

How much did the refurbishment of your house cost?

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lemonsandlimes123 · 16/01/2021 19:41

250k I would say. Could squeeze in for less if he does some of it himself

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BeTheHokeyMan · 16/01/2021 19:44

You're looking at 150-200k op according to dh who is in the trade . A lot of work he said

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Trumplosttheelection · 16/01/2021 19:48

He needs new windows too and probably replastered. It looks damp as hell and I note one room, I assume the basement, is held up with a prop?
So maybe some structural work.
I think 250 to 300 to allow for basically rebuilding. It's not a refurb, it's a total modernisation needed. The plumbing is probably lead and will need to come out.

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lemonsandlimes123 · 16/01/2021 19:49

Also without a floor plan it’s difficult to say how much the plumbing etc would need to be moved

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JontyDoggle37 · 16/01/2021 19:49

We did a 3 bed semi-detached large Edwardian property like this. From the photos it has serious damp in several locations, which at the least means the damp course has gone and at worst means you’ve got rising damp. Also, those houses never have proper insulation, so you need to add reinsulating the loft to the list. We managed to do all of the following for 65k:

  • new roof
  • complete re-wire
  • all walls and ceilings skimmed
  • new family bathroom and new downstairs toilet (plus remodelling the shape of the downstairs WC)
  • new kitchen (18ft run of base units, no white goods as it’s a long term rental)
  • painting
  • flooring/ carpet in every room
  • landscaping the back garden, which included drilling up over 3 tonnes of concrete 🙈
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Trumplosttheelection · 16/01/2021 19:49

Also allowing for Oxford prices. It's not a cheap area of the country to get stuff done.

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BobbinAround · 16/01/2021 19:49

I'm no expert but that looks like a money pit.

£150k assuming that you don't uncover any other stuff that needs fixing? Probably more once you start on the outside work.

I'd be worried about that support in picture 12 and would definitely want a structural engineer to look at it.

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ThatLibraryMiss · 16/01/2021 19:50

Poor house! It's so neglected and it could be so lovely. Err, what is the thing in photo 12 holding up? You didn't mention building works.

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JontyDoggle37 · 16/01/2021 19:51

Oh and we started beginning April and had tenants move in 27th July. We wanted premium rent so everything was done to a high finish. Oh and I forgot we also got external render redone in several places and the whole exterior repainted.

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MerryMarigold · 16/01/2021 19:54

It needs complete gutting and likely a new roof. I think not moving plumbing is the least of his worries!

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User478 · 16/01/2021 19:56

You could spend much more than £250,000+ and still make money on that house. Think it'll go for more than £1m at auction.

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Namechange2020lalala · 16/01/2021 19:56

He should make sure he gets a structural survey. For cosmetic stuff you could spend £20k to £50k+ but the structural is a whole different issue.

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NotABeliever · 16/01/2021 19:57

My refurbishment was for a 1930s house and cost £150 k + VAT with a two storey 3 x 3 extension.

I forgot to add the windows to the list of things this house would need. I'm guessing double glazed sash aren't cheap.

Can all the damp be due to the roof leaking and if so could it have damaged the joists if left too long? Or is it "rising" in the sense of coming from the foundations? What other pitfalls should he be wary of?

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FixTheBone · 16/01/2021 19:57

Is it currently flats? Looks like several of the rooms have coin meters for electricity...

Agree with the windows needing doing, I'd be stripping the entire thing back to beams and brickwork given that a lot of cabling looks to be surface mounted, take all the ceilings down.

This needs a lot of planning, I'd be expecting an absolute minimum of 150k and I'd have both a reserve budget of 100k, and a contingency plan to prioritise the essential rooms first and potentially leave some rooms unfinished until finances allow.

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NotABeliever · 16/01/2021 19:59

@User478

You could spend much more than £250,000+ and still make money on that house. Think it'll go for more than £1m at auction.

It's already been at auction at that price and was unsold. Not a good sign at all if property delevelopers haven't snapped it up yet!
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Lily193 · 16/01/2021 20:00

I would say 300k to a decent standard.

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dontdillydallytoolong · 16/01/2021 20:04

We recently completed a similar project. New electrics, plumbing, boiler, radiators, dry boarding and plastering to whole house, new wood windows and landscaping. Handmade kitchen and utility, with quartz tops, new wood flooring downstairs and carpet upstairs. We did have to replace all the joists and flooring in the ground floor as we had wet rot. Also as we went back to brick inside so needed all new skirting, architrave, etc. We were all in for £250,000.

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GreekOddess · 16/01/2021 20:05

That looks overpriced to me and I live in a very expensive area.

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dontdillydallytoolong · 16/01/2021 20:07

Forgot to say new windows, which were high spec wood sash and casement from Mumford and Wood were £36,000, so this swallowed up a lot of the budget!

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DenisetheMenace · 16/01/2021 20:07

Sorry. We bought, possibly but larger but similar in DH hometown Cornwall. Foolishly, basic survey: good deal if we exchanged quickly. Fabulous view, 10 mins from in-laws, @we were hooked.

C 400 K later ....... 😩

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gnomeisland · 16/01/2021 20:07

@NotABeliever the auction date is Feb 2021.
Has it previously been auctioned and not sold?

That's the most expensive part of Oxford. It's a steal at that price. I'd be surprised if it doesn't go for 1M+ next month.

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