We recently moved into a 70s ex council house. It's a 2 up 2 down mid terrace. As far as we're aware apart from a few new sockets it's mostly the original wiring. The fuse board is an old style and is only on 4 circuits, which are 2 lighting ones, sockets and the shower.
There is no escaping from the fact that the wiring will need to be done at some point, but the house hasn't been very well loved in recent years and needs new floors throughout and paint ect. We also hope to do the kitchen and bathroom later.
The issue is that we only have about 3k and won't have anymore funds for a while. Obviously to rewire will probably cost that much, maybe more leaving us nothing for anything else.
We see ourselves staying here maybe 5 years, and then we hope to get something bigger. Do we need to do it, or can we just leave it for the next person? I obviously know it may affect the resale value, but I'm not sure I want to do it, and am willing to accept that.
We've asked around our neighbours and it seems that nobody else has rewired or sees the need to.
We have never blown a fuse or have any indication that the current wiring is not up to scratch. I frequently have all my appliances running at the same time.
Wwyd?