I've inherited an old house in a bad state of repair (although walls and roof is fine) on a lovely plot.
I can't afford to rent it out as it needs so much improvement (entire re-wire, new kitchen/bathroom & windows) to it those costs wouldn't be covered by the rent I could get, plus I don't want to be a landlord.
I plan to knock it down and build a bungalow on there for my retirement in a few years.
I have mobility issues and the current house isn't suitable - that's why I want to knock it down.
I can't move to the house myself now as it not suitable re work / kids. I don't want to sell the house/plot as it was left to me specifically to help me move back to the area I grew up in - if I sell it I would have to share the proceeds with other family members and I will never be able to move back or become a home-owner.
I'm not very well off and have to be careful with money, I've been so lucky with this inheritance, but I've not got any other money or assets.
As I understand it I will have to pay council tax on the house (this rises to double if the house if left empty).
Can I just have the house knocked down now and save myself several years of double council tax and whatever costs might arise from leaving the house empty?
Are there companies/builders who buy reclaimed bricks/roof tiles that might help me pay for the demolition?
Anyone got any bright ideas?