What do you think f this house?

What a stunning house - all that original brickwork and fireplaces.

Would you want to have the annexe remain as an annexe?

Just wondering if you did have that separate (for now at least) if renting that out to make some money to renovate would be an option?

Do you want to do up what is already in place, or the overhaul as in the plans in the advertisement?

I know it's a Cotswold cottage and it's in a little hamlet, but being so close to the other houses would put me off a bit if paying that price +££££££s for renovations. However the location couldn't be better between Moreton and Stow. Wow.

That said, a cottage like this on its own out on a field in that area probably doesn't exist! Just my preference for a bit of isolation (for the price).

It is gorgeous though and looks like two cottages merged into one in the past maybe? Sorry I'm just commenting in passing, haven't a clue about the costs of renovations.

I think it's lovely.

It's not listed so that's good. The location is great.
A lot of the work is cosmetic and you wouldn't need to do it all at once, you'd just to make it habitable to start with.

How much it will cost depends on all sorts of things: whether the roof needs doing, ditto the wiring. It's got mains sewage, water and electricity so I wouldn't worry about that.

If you're doing a kitchen you can spend £10k and get cheaper cabinets or go to Plain English and spend £50k, so how much it will cost depends on the finishes you choose etc. I reckon you could do it for £100k.

Go for it!

I really do advise learning to be handy. There is so much work there that an amateur could easily do. Youtube vids are very helpful here. Teenagers, if you, your friends or family have them, are good for lifting, shifting, sweeping, tea making if remunerated.

@Aquabi have you considered buying it and then renting one half out for a year or so to generate an income/ some savings? You’d have to love it to cope with being an impromptu landlord for a short time and you’d probably need to do a quick reno on the side you want to rent out, but the house is basically set up for it already.

The only way it's doable at a low cost of you were undertaking the work yourself.
I've had a few doer uppers but my DP is a joiner and will turn his hand to most things as will I.
Personally, I think if you're not at all handy this is just a money pit as are most renovations if you're not saving costs by doing a lot of it yourself.

I think if you bought a house that looks like it does at close to £900k, you need to really factor in the spec for a house in that price bracket. If you ever needed to sell, a house with a budget kitchen/bathroom that’s up for over £1million is not going to go down well. Similarly, you’ll want to spend our on modernising it so underfloor heating, air source heat pump etc (may be a clause within the planning). If it is your dream home, that’s less of an issue but I’d probably accept I can’t afford it and get something better value for money.

It could be doable over time without the extension.
Clean lines like in your pics are expensive as it needs detail and craft to pull off.
But rewire and plumbing and heating would wipe out 100k
Slabbing insulation &Plastering
After that a trim woodwork
Damp/mold on the garden room so insulation or leak or poor floors.
Plus the black spot over the skylight says flat roof problem.

The extension is on the west(?)side which would overshadow the garden. And downstairs did not get much extra space as it had a bedroom.

if you were prepared to camp in the house as is and focus on doing up to rent the annex half out to boost reno budget

Annex ground floor would be kitchen diner so reno and rental match
And do up the bathroom and two bedrooms as a master suite.

But it depends on what the survay said.
Plus the flat roof would be an insurance problem

And the leylandii headge is talking off south of your south facing garden

You’re leaping waaay too far ahead. You’ll easily need to spend £100 k on making it dry, warm, properly plumbed and wired.

OP- doesn’t where it’s sited, right on the corner,bother you?

It's going to be a difficult one to sell. You could offer 150k under asking but it looks like a money pit to me.

Honestly there are some houses that have that wow factor but that house does little for me.
Id want to know much more about septic tank, heating, damp (!! At least one room made me wonder), electricity and the flat roof. All windows to be replaced too.
All that to be done before anything cosmetic can happen.

I think £100k isn’t going to take you far if there is anything more than cosmetic plus windows to do.

You could do a decent amount for 100k but I think you’d be looking at renovating what’s there rather than the plans- so no moving walls or knocking things down.

I’d be forgetting about the finish and thinking about whether it’s dry, warm, mould free and safe. It looks like it has some radiators (good), wiring doesn’t look immediately dodge (good) but there’s also evidence of damp and I bet that extension is single skinned (no insulation). So if you offer get a good survey which looks at gutters, roof, boiler/ heating, plumbing, electrics. And windows, if the windows all need replacing (especially those new ones), that in itself could cost 30k easily.

You can bring a nice kitchen in for less than 20k and you can often get kitchens and bathrooms on interest free credit for a year or so but that will depend on your ability to pay it back too (are you working or retired?).

Also bear in mind that kind of place will have ongoing costs- there will always be something to do. That said it’s definitely also hit huge potential for an Airbnb or holiday let if you needed to generate an income.

Ouch. Sorry but 100k wouldn't touch the sides, if that's all you have you need to walk away fast, sorry.

If I was able waste loads of time sourcing stuff and waiting / was handy / was willing do do unskilled day labour myself and was will to let some bits slide and get slightly lower finishes in some areas etc 200-250

to do everything nicely I would budget 300k ish give or take 20k

Depends when you did it, prices have gone up massively.

I'd want to know why it sold for £171,000 more in 2022 than its currently on the market for. And why the current owners went to the expense of getting architect drawings but aren't proceeding.

This. Even if you’re prepared to live in a couple of rooms for several years, doing bits as you can, teaching yourself to do most of it, and not doing what it set out in the PP, it’s still going to cost.

If the purchase price is already at the top of your budget, you should not be buying a doer upper.

It’s gorgeous, really chocolate box. But it’s gonna need a hell of a lot of money thrown at it, but then it will be a dream house for life.

depends on the level of structural work you want to do and how high end to go with fittings. Similar to what others have said I think you’d need £250-300k minimum to ensure a reasonable refurb with some structural stuff. If you’re looking to get it into the ‘special’ arena with Neptune kitchen and the like then you could easily spend £500k all in.

Depends on your standards and if you were doing any of the work yourself. Some of these figures are mind boggling tbh. I’ve moved into two wrecks and, even with all new double glazing, kitchens & bathrooms have never spent close to the figures quoted on here!