What To Look For When Buying A ‘Fixer Upper’.
If you’re on the search for a property to renovate and make your own, then there are many considerations to make and things to look out for to ensure you don’t find yourself stuck with an impossible task.
Brits love period properties, from humble Victorian terraces to huge sprawling period mansions, but first-time renovators can often be unprepared for the work ahead of them. Older properties can sometimes be hiding a lot of damage behind the quaint character that has drawn you to it in the first place.
So what should you expect when you decide to take on a house in need of a renovation?
Do your research about the property both before and after viewing it. If you’re not an expert, then viewing a fixer-upper can sometimes make you feel way out of your depth as an estate agent tells you all about the property, and you may not know what questions to ask.
It would be highly recommended to take a second look along with an expert if you’re considering making an offer, who will be able to give you impartial advice.
Cost is, of course, a major factor when it comes to a renovation. You need to get as accurate a ballpark figure for the total cost as you can to give you an idea of whether you can afford it. No one wants to be unable to complete a project halfway through due to budget constraints.
While a full building survey on a house you may not yet buy could seem expensive, it is a wise investment so you can then be able to more accurately plan the work that needs to be done. You will also find out if there are other dangers such as asbestos, serious damp problems, and also get an expert to check the electricity and plumbing too.
You may also need to ask yourself if you plan on living in the house while it is being renovated, and for how long you think you can deal with it as it is.
Renovating a home can be thoroughly rewarding if sometimes worrying, venture. If you need help from experts in Victorian coving in London, get in touch!