How much realistically would this house cost to renovate?

[topsocks]

Was in a lot worse condition in person than the pictures show.

Lots of potential but not sure it’s worth the current price given the amount of work needing doing. Do you think the asking price is reasonable?

https://www.rightmove.co.uk/properties/152505650#/?channel=RES_BUY

It's impossible to answer, but more than you think is usually a good bet. Most people would want a bigger kitchen, so knocking through to the dining room would add to the cost. Depends what sort of finish you want, cheap b&q units will be less than hand made wood cabinets etc. How much work could you do yourself? It could end up a beautiful home, but will take a lot of money to get there.

What's the condition of the roof? How old is the boiler? When were the doors and windows replaced? Are there any structural repairs needed? If all of these answers are on the positive side, then I think it needs a new kitchen and completion of the bathroom as a priority and the rest could be done gradually over time. It looks quite liveable to me, but if you're someone who would want to turn it into a show home within 12 months, I think you'd need 50-100k. More if you want to reconfigure the space.

We’ve done a similar size house 6 months ago in sw London. £130k including new boiler in a new location, new windows, garage conversion, replastering, repainting inside and outside, front re rendering, wooden floor throughout, underfloor heating downstairs, new driveway, new kitchen, new toilets/bathroom, removed 2 walls

Wow, that seems incredibly cheap - how did you find your builder?

Ugh, we are 2 years down the track of buying a similar but 3 bed semi in the southwest. We have spent around £50k, rewiring, reflooring and general decor, new shower room to replace ancient bathroom, replacement cupboard doors in kitchen to save money but still had to put in new white goods and hob and sink and flooring. Another £10k went on the garden, seating area, pergola, bit of landscaping, hedging.
New windows throughout, got a good deal.
We kept the 25 year old boiler because the central heating engineer said it was a good one.
We are now exhausted and saying never again, materials and labour are much more expensive than in the past. I'd be very cautious, look at what houses in the area are going for. If you love it, OK, otherwise keep looking, that's my opinion.

More than you think. There seems to be a lot of damp, depending on what's causing it, that could be quite a bit there

We’ve had different builders for different jobs, sometimes like 10 people at the same time. We’ve done the bulk of work over 6 weeks, just searched on mybuilder, checkatrade between exchange and completion, then had multiple traders in on day one, some removing old bathrooms for example, some doing gas works, etc. can’t say we were happy with all of them, all had their own issues which we had to project manage. Only the electrician is the one who we’d recommend to others.

Just remembered, we had to spend another £6k on the roof - replacement fascia boards and some tiling and battens/felt. The sort of job that you only see when there are several torrential storms.
Also £10k on a newly tarmacked, wider drive.
So we are close to £80-100k.

The render might need to be replaced, scaffolding is a fortune. If you want to do a lot yourself that would be a big saving as would a budget ( but not poor quality) kitchen and bathroom. How long since the roof was done? Will need new central heating and probably a rewire. 80k a cheap job. 200k if you really go to town and spend 20k on a kitchen, 15k on bathrooms and more on the garden

Wow, that is so much less than what builders quoted us for our smallish outhouse. Any tips to keep the costs low??

We’d just get a few quotes for each job. And have different people do different jobs. We also kept material costs within reasonable budget, so went with not cheapest but slightly more expensive but hopefully more durable and better looking. And the fact we were keeping an eye on things/project managering everything helped probably

@bigboykitty “It looks quite liveable to me“ That was my thought but upon viewing but it certainly isn’t. The pictures are very deceiving, it’s basically derelict and doesn’t show how bad the hallways are. Needs re plastering throughout and the kitchen and carpets have all now been ripped out. It’s basically just a shell to work with but a beautiful shell of potential.

Double what a builder will quote you. And triple the time

I think it would depend on whether there are major structural problems. What's the roof like? Does it need new windows and doors? It looks quite damp. What's causing that? It could be 100k or 200k depending. If you are interested, I would look with a builder and then add another 30% to what they estimate.

I've had a quick look at pricing and it looks well over priced compared to these sort of properties. I don't know the roads but they are very close.

https://www.rightmove.co.uk/properties/147913574#/?channel=RES_BUY
STC so we don't know the agreed price. It has 5 bedrooms (attic converted) and is in much better condition.

https://www.rightmove.co.uk/house-prices/details/england-149901209-22229548?s=35db2594f92a8517a436e66760a5f0771367437609a6c1fc8b51118831675133
This appears to have similar sq footage but has two bathrooms rather than one, a garage and is in much better condition.

https://www.rightmove.co.uk/house-prices/details/england-144407288-21923140?s=bd00ea1dc67a5ca599e11eab54bdcc45160b24957c7d9ebf1a67a61c2abdb95f&id=media0
This appears to have similar sq footage but is in much better condition.

Looking at these comparable, it looks as if the price needs to come down a lot. I would look for something else.

I have to say looks must be deceiving. That’s a good extension, roof looks good, as does the guttering etc and rendering.
Why do you say replaster? It looks like it just needs cleaning, rewire, replumb, kitchen and sanitary ware. So a shell +!
I like it, no idea about its value though.
Renovation will be £100k+, a lot more if the flooring is gone.

How much are similar sized houses nearby, of a good standard, going for?

If £750k+ then I’d do it if you want to live in Bexleyheath (having grown up nearby I’m not sure I’d want to) - even if you broke even, you’d have a house exactly the way you want it.

How much extra finance can you borrow to do the work?

Do you need a mortgage? It won't be mortgagble without a kitchen.

We did similar size house in home county, £40,000 (new bathroom, new kitchen, total house rewire, all rooms painted and decorated, laminate floor kitchen, carpets rest of house, new facias and soffits, new doors hung and painted, new radiators, front door and garage and side door repainted). Took 2 builders around 3 months.

I am the only one that thinks it seems expensive in the is state is in?

It looks like a money pit. It's been neglected for a long time and is overpriced for the condition that it's in.

Also very much depends on what you mean by renovate. You could be putting rock-bottom carpet in for less than £10 a sq m or amtico or marble or something throughout. You could insist on replastering every room for a mm perfect finish, or patch up and refresh. There's a million different versions of "renovate" and the price will vary by 10s if not 100s of thousands.