We own a decent starter flat in the west side of Edinburgh. 2 bed plus study box room, separate kitchen and living room, 1 bathroom. Large rooms in an iffy area, good transport links, all painted magnolia and cream carpets. Will be selling unfurnished.
However, we're not sure how much to plough into renovating it before putting it on the market. We're planning to repaint and gloss, but the main problem is a threadbare carpet in the 3m X 3m bedroom plus same in the small hall.
We think it's worth around 110k (yet to have a formal valuation) but we're not sure if to replace the bedroom and hallway carpet during sprucing it up... I'm worried about paying hundreds of pounds on getting and fitting a new carpet only to find out it's not made a jot of difference to sellability or sales price.
Obviously big repairs like needing a rewire or finding a leaky roof etc affects sales prices.. but what about situations like this?