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Would buyers question a £50k rise after modest improvements in five years? What would you want to see done?

52 replies

DecisionTime123 · 05/05/2026 16:34

I'm looking at a house offered at £325k; good area so houses in that road go for minimum £375k, I can see all the Rightmove/Zoopla listings and you don't need to do much to sell for the higher price. I thought I was getting a bargain as owner (builder who took it in part exchange) wants a very quick sale. My plan was to decorate, carpet and put a new bathroom in, maybe a new boiler, and that's it. I can't afford to do much else. But the thing is I wanted to sell on in maybe 5 years - so in 5 years time, having spent less than £20k, if I put it on the market for the price they normally go for (now), what will potential buyers make of the apparent £50k hike?

Will they say hey yes still a bargain and less than the one next door? Or will they say who does she think she is, putting in a new bathroom and now wanting £50k extra? How does that seem to a buyer? Too much too soon? Or entirely reasonable bearing in mind I bought it below market value?

OP posts:
KeepPumping · 06/05/2026 16:12

Didimum · 06/05/2026 15:59

I literally said in my first post that we are living in different time now – I never claimed OP could turn £100k on her property now.

Regardless, they weren't low mortgage rates in autumn 2022-spring 2023. It was 5.5%, which is higher than they are now, and it very much did inflict a lot of hesitation in the market. They did not fall until autumn of 2024.

I would still say low by historical terms, and people expected that the government would do anything t get the rates back down then, the government can"t control rates now and people have lost faith in the reality of cheap mortgage debt, hence the drop in buyers. I think the OP will likely lose money on this house, but that is just my opinion.

outdooryone · 08/05/2026 07:46

I'm an ex-landlord and I've once bought and flipped a house for profit because it was such a good buying price.
In the current global situation and the UK political wobbles, I'm not sure I would be brave enough to buy a house and have to rely on a price increase to justify it. The housing market is wobbly in many places, and with things like Reform getting control of more councils today and increased energy costs and increased cost of living this autumn I can see it's going to be a negative market in many places. We've got short memories of things unravelling as they did in 1990's and 2008.

I also think renovation costs are scary high at the moment. I've friends who bought a doer-upper and have had most quotes back at twice what they expected. Bathrooms they had in thier old house 8 years ago for £6k are now £12k, roof that was £10k a decade ago is nearly £30k, boiler that was £1k installed is £1900 etc. Plus trades are flat out so it's months to get someone lined up and no chance of haggling

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