Purchase price: £121,500.
This property was purchased on the open market pre-covid for £128,000. The sale stalled due to the first lockdown. During Renegotiations when the market opened again in July 2020 the price was reduced to the final purchase price.
There were many options with this project to put back into 2 properties. But decided with planning timeframes we would go for easier option apply for building warrant and creatively add value to existent property.
Stripped property back to bare brick and floors. Changed layout of individual kitchen and living room into an atrium style kitchen and living area
Structural steelwork was added to allow the drastic layout changes. The garden was also completely landscaped and made very modern and spacious.
We advertised the property on social media and chose to allow the buyer to pick their own finished specifications. Along with their own choices we spent extra on herringbone flooring and Porcelanosa tiles for all the bathrooms. The sale went through in January 2021.