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If a property needs 'modernisation' does anyone know roughly how much that might cost?

9 replies

Fortress · 18/01/2011 21:08

Can't see the house till possibly Friday afternoon. It's a 4 bedroom victorian terrace. There are no photos of the inside (must be really bad!).
We'd be prepared to do it up as we go but obviously we couldn't live without running water, toilet, shower etc.
Really anxious to see it but worried about falling in love with it but not having enough to make it liveable!
Tia

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AimingForSerenity · 18/01/2011 21:13

Think of a number that is bigger than you think is a reasonable cost and double it!!

Any job in an old house costs a lot more than in newer ones if you want to do it well.

Fortress · 18/01/2011 21:26

Ouch asf although that's probably a very realistic way to look at it! We'd probably only have 25k to start with and then it would be doing stuff ourselves as and when we can afford it...

Just wondering how much central heating, bathroom, kitchen might cost... Although that's assuming it's not ridden with damp! Confused

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AimingForSerenity · 18/01/2011 21:41

Our last house was 4 bed detached built in 1939, structurally sound but needed rewiring, replumbing, heating and everything. We rented while we blitzed it and IIRC spent about £13k before we could "camp" in it and start anything decorative.

We are now in a 1911 4 bed detached and central heating last year cost us about £8k (boiler and 15 rads)

Which part of the country are you in? SE is always dearer to do everything.

Fortress · 19/01/2011 13:51

Hi serenity cost wise that doesn't sound too bad... thanks
Yes we're in south east. I suppose as long as there aren't any 'biggies' that come up in a survey then it may be possible.... [hopeful]

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AimingForSerenity · 20/01/2011 10:19

We are NW which is why our costs sound low!

My main piece of advice to anyone embarking on renovation, which sounds obvious but we learnt the hard way, is that sometimes cheapest isn't best. The cowboys give low quotes but never come back to clear their own mess! It's worth paying a little more to get tradesmen you can trust to do a good job and who will come back to sort any snags or help with recommending others, doing the next job, etc.

We realised that every time we found a new tradesman, part of their quote was to allow for how much things have been bodged before! By having good people who will come back, both they and you know where to start and in time you begin to save. We now have a good team of people to work with

verityjones · 20/01/2011 11:11

Your quotes often depend on your exact location. We used to live in the NW too. We were in Wilmslow and had a quote for a single storey extention on the back at 55k! I have a friend who lives in Irlam and had a very siimilar extention done for 25k! We just couldn't afford it and then we moved anyway but it still makes me mad that quotes vary so much within a small radius.

We had re-wiring and plumbing done on a previous house and it came to about 15k. HTH

Mandy21 · 20/01/2011 11:24

We're in the NW too and a 1900s property we wanted went to sealed bids (which we won). Everything happened really quickly and we then started getting quotes for the work. It needed everything doing - plumbing, wiring, new central heating system, new glazing, damp proofing. It added up to just short of £40k (although we're in quite an expensive area and the quotes tend to be upped to reflect that I think!!) and we established that would just be to make it habitable - that didn't include new kitchen / bathroom / decoration etc. We ended up pulling out :-(. I think you have to consider whether you could actually live in a house whilst it had all that work done (we couldn't have which was one of the main factors of pulling out - we couldn't afford to live elsewhere and with 3 young children, it would have been horrendous). Good luck!

daytoday · 20/01/2011 12:52

Have renovated property two years ago - 5 bed in North London.

To rewire - £6.5k. This is for total rewire top to bottom including new ariel on roof, spotlights in kitchen and bathroom, new phone points, plug sockets etc, new fuse box. Used very reputable firm - NICEIC registered etc.

To re-plumb - absolutely everything new - new pipes, boiler etc - budge somewhere between £7-12K. We were able to use bits of existing central heating system. So paid around £5K.

To re-plaster (just skimming and making good as rewire causes lots of damage) - budget for £500 per room. Some rooms may only be £350. But that does not include stripping back and putting up new plaster board.

Other costs include - stripping out any old units, old wall paper etc. Flooring is quite crucial. It also doesn't include any problems you may not yet know about - damp-proofing, woodworm, structural issues, new windows or professional fees (structural engineers).

We lived in it, with two young children. We had loads of structural work done as well. Was a nightmare but not as bad as we thought - we got them to leave our bedroom till last and we all lived in one room for 2 months! Went to stay with other folks as much as we could.

Hope that helps.

Fortress · 20/01/2011 17:06

That's really useful daytoday thank you.
I think a renovation project is probably the only way we'll get the space we want!

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