Renovation or extension experts want to give me their insight?!

[LadyHalesBroach]

We’ve found a property in the perfect location and it has bags of potential.

Haddenham, Buckinghamshire
www.rightmove.co.uk/property-for-sale/property-94271606.html

Similar in footprint to this house, which demonstrates the potential for extension.

Haddenham, Aylesbury, Buckinghamshire
www.rightmove.co.uk/property-for-sale/property-87996914.html

We’re talking to a contractor tomorrow who will come and do a viewing with us. Has anyone done this before of this scale ie. renovate throughout and then extend?

We have about £120k to do it, is that even enough?!

All advice welcome!

Oh and this shows the land and the massive garden. But it does have a weird bottle neck which makes me wonder whether extending would be limited or end up with a weird triangle house!

I think your budget would be tight.

Friends did similar about 15 years ago on a similar floor plan to the second house you linked - they essentially built a new house behind the old house. The resulting house is lovely but it cost ££.

Thank you! Out of interest, how long did your friends extension etc take?

Ages - they essentially built a new house - so around 6 months.

I think it would be impossible to extend property 1 to the size of property 2 for 120k. Property 2 is 113 m2 bigger. At a convervative 2k+ vat for the extension, you'd be looking at 250k just for that.

There will also be a cost of renovating the rest of the house at say £600 per m2. That would take you over 300k. You'd have to significantly scale back on the extension to keep to budget.

I would definitely speak to the planning department before putting in any offer, I wouldn’t assume that the extension that had been carried out on house 2 would automatically be allowed on house 1...

the mention of period property is it conservation area think you would struggle with planning .Whilst 120k is a lot of money you would need to at least double it to make it like house 2 fees alone would run into thousand and groundworks are notorious for going over budget

We are doubling the size of our house and you can multiply your budget by 3.

Thanks everyone, really helpful insight. I think we should do the extension in two phases, phase one being ‘minor’. I’ll speak to an architect this week for their insight too.