Something that a lot of people do when they are looking to buy a property of their own, is to buy a house that is in need of renovation and do it up. There are a lot of television programmes with examples of this, and it seems in the UK we are a nation of property addicts, with renovations being no exception!
Where do I find a Property in Need of Renovation?
The best place to find a property that you can renovate is by going to a property auction. The properties that are sold at auction are often in need of some work and can often be bought for a good price. However, it is important to have your wits about you as often you will need to buy it without a survey, so bear in mind that work could need doing that you can’t see at first glance.
How do I go About Renovating a property?
Property renovation is a big commitment and a big financial outlay too, so make sure that you have done as much research as possible – this is certainly not something that you will want to dive into on a whim! Look into the prices that you might pay for the things that you need, from an architect to a builder, and also the materials that you might need like these timber frame kits.
How Much Will it Cost?
This is something that varies wildly, depending on the condition of the property and the amount of work that you want to do to it. Taking someone with you who is experienced in this kind of work is a good idea if you are interested in doing it for the first time.