How much would this property cost to do up (link included)

[january2021]

What do you think - £30k? £50k? It needs quite a bit of work...

www.rightmove.co.uk/properties/100019888#/

How does a property end up in that kind of state in the first place as well? Has it been squatted maybe?

50k minimum to sort out damp, plastering, new electrics, new windows, can’t see the state of the roof so that could cost more on top plus the basement probably needs tanking. Once you have that lot sorted it’s up to you what you spend on kitchens, bathrooms, flooring, fireplaces, decoration, restoration of features plus the courtyard. if it was me I would be looking at 100k minimum but if you went lower end on finishes could do it for less, not sure it’s even mortgageable as it does not appear to have a kitchen that’s useable.

Forgot to mention it will need a complete heating system put in as well and plumbing.

At least £50k, with an emergency fund for unexpected things thrown up. There’s not much info given in the listing. Does it have central heating? Double glazing? Get a full survey. Maybe asbestos present in those ceiling tiles

I thought around 50k too. But there seems to be a black mould problem. Wouldn't touch it with a barge pole in this housing market. So could cost an awful lot more.

That looks like a hoarders house that’s been cleared out. You’d also have to add a fumigation to the above list and don’t forget things like skips to get rid of the remaining furniture and building materials.
Are you planning to do the work yourself or get a builder in?

£100k I reckon. However bad it looks the reality will be even worse,

£100k minimum. Plumbing, roofing, rewiring, replastering throughout, new windows. That's before you even get on to the fun bits like kitchens bathrooms flooring and redecoration. And assumes the joists aren't completely rotten given the amount of mould.

But the spiders webs alone would put me off!

So close to Brighton station is a major plus for this property. Around £80k for a decent finish, which with asking price seems quite good for Brighton.

I agree probably a hastily cleared hoarder's house. Looks as though there are a lot of rodent droppings. Must be a joy for the neighbours.

I’d say £50-100k

Can’t see a kitchen or a bathroom in the video, and no measurements for the bathroom on the plan so I wonder if you can even walk into the room. Where would you have the kitchen and bathroom op?
But to answer your question I reckon much nearer 100k than 30k.

It's not all that close to the station...I don't think it's exactly a bargain for the area looking at recent comparables.

100k and that doesn’t allow for any hidden nasties like dry rot....

£80-£100k would be my guess.

At a guess I’d agree with others, you’d be looking at around £100k assuming there’s no hidden nasties

£100k for sure. We've spent £50k sorting out a property that was nowhere near the state of this one.

If it was on Homes Under The Hammer then perhaps 20k, in the real world 75k.

@Thecazelets

It's not all that close to the station...I don't think it's exactly a bargain for the area looking at recent comparables.

I agree. It's a trek to the station (uphil) from there abs not a very nice area.

My kitchen cost £30k alone with one wall replaced so I’m going £80k absolutely minimum

You wouldn't get a mortgage on that, it's disgusting. £120k I reckon.

I'm no expert but I would expect it needs around £100k, maybe more.

How does a property end up in that kind of state in the first place as well? Has it been squatted maybe

Whoever lives there never does a single thing to improve the house. I bought one like it 6 years ago. Took a long time and a lot of money to make habitable. Almost everything had to come out, the original 30s wiring, plumbing, all the plaster off, ceilings down, floors up, a couple of walls out. We did it ourselves (helps that DP is electrician) and it still cost around 30k.

Thanks everyone. I’m not actually looking to buy this particular property (too much of a project I think!) I was just fascinated at how somewhere could end up in that state. I am also considering a doer upper myself so it’s interesting to get an idea of costs and work involved in these sorts of places.

I reckon at least £100k as it looks like it needs everything and I cant see a kitchen or bathroom so you couldnt get a mortgage. I think it's probably a hoarders house and sometimes hoarders have money but they are too ill to sort anything out.

Sad really that someone lived there when it’s in such a bad way - although I suppose it may have been empty for years and deteriorated during that time.

But the spiders webs alone would put me off!

I didn’t notice them until you said... shudder!