What is classed as a good return?

[pancakes22]

Just had our mortgage redone and looks like we have so far spent £60k and made £40k on the property. We are planning however on doing another £30k worth of work and so even though we expect this will increase further do not think it will be a big jump and so we would then have spent £90k on the property and again maybe made £40k.

Sorry posted by accident.

The house we are in is a family home so we are doing work to it to the style we want rather than a buy and sell on but just curious as to whether that is classed as making a good amount on a property or not?

I think it depends on the ceiling price of your road/area, if you've spent more on purchase+renovation costs then it's unlikely you'd recoup all your money, but if it's a family home you plan to live in for a long time does it really matter?