We bought a house that needs a lot of work. Roof is leaking, needs a rewire, new boiler, kitchen and bathroom are from the 1960s, etc. Your basic renovation dream/nightmare.
After the house purchase (and our mortgage product being canceled and reduced twice on the day of our purchase -- eek), we'll have about 40k left to undertake immediate works. Everything "nice to have" we will put off to later. My question is how to prioritise what to do immediately.
My feeling is:
Immediately:
Roof -- put on a new roof, which I hope will not cost more than 15k
Rewire the house -- budgets I've seen online vary wildly, but I'm thinking 15-20k
New boiler if money allows
Later:
New kitchen and new bathroom
Double glazed sash windows for energy efficiency
Last:
Walls and floors
Does this order sound correct and does 40k for a new roof and rewire and potentially a boiler sound totally optimistic? It's a 3 bed period property in Edinburgh.