Valuation before
£152,000
What it was worth as it stood
Cost of the works
£25,000
Funded by us, recovered from the sale
Valuation after
£210,000
What it was worth once finished
Left for the estate
£33,020
After the cost of the works came out
The property
About this Langtoft (Peterborough) project
We were asked to manage this 3-bedroom, semi-detached property on behalf of a corporate client. A RICS valuation was undertaken, and the property was established as unmortgageable in its current condition.
Thereafter, we worked closely with local estate agents and surveyors to discuss options to improve the property and provide a preferable outcome for our client.
The work
Schedule of works
- Week 1: Complete strip out property, including removal of the kitchen and remaining decor.\n- Weeks 2-3: Complete re-plaster of all walls throughout. Preparations to external walls.\n- Weeks 4-5: Re-paint throughout property to include all woodwork. External paint application.\n- Weeks 6-8: Converting dining room into a kitchen/diner and install new units, oven and hob.\n- Week 9-11: Rear garden clearance. Plumbing and wiring renewed. New fixtures throughout.\n- Weeks 12-14: Guttering installed. Post job checks and clearance.
The outcome
What it made
On completion of the refurbishment works, the property was valued at £210,000, which is 38% more than the original valuation. The final renovation cost was £25,000.
The property
Before and after
Before 
After The property
Before 
After The property
Before 
After The property
Before 
After The property
Would yours be worth doing?
Sometimes the answer is no, and we will say so. It costs nothing to find out, and nothing comes out of the estate up front.