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2014 - Weston Turville
4 Bedroom Semi-Detatched, 2 bathrooms, Kitchen/Diner, 180ft Garden.
A private terrace extension of the kitchen.
Working Fireplace.
Incomplete extension by the previous owners & a dated property inside.
A very large stagnent pond, uneven lawn and other rubbish in the unloved 180 ft garden.
Formally the garage area. We knocked through for a much better use of family space.
Moved completely out of the way without compromising the 1st floor doorways.
Better use of this extension as a kitchen than a garage.
We divided part of the front section for a study and replaced the garage door for a window.
To form the new large Kitchen/Diner.
Modern & Functional. We also added an ensuite shower room and downstairs cloakroom.
Project Details
Purchase Method:Property Sourcer
Purchase Price: £285,000
Sale Price: £490,000
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ROI: 31%
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Purchased through a property finder, the property had in fact been on the open market for about 6 months, but a sensible offer had not been achieved. The previous owners had started the double storey extension but it had not been completed and most purchasers could only get lending as a 2 bedroom house, not the 4 bedrooms of the proposed new layout.
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Apart from completing the extension work, we opened up the rear part of the house between the dining area and garage to provide a large kitchen/diner with sliding folding doors looking out onto the 180 ft garden.
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The staircase was moved to give a completely different ground floor perspective and created a lot of useful space. The ground floor bathroom was removed and made way for a utility room, separate from the kitchen.
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The rest of the inside and outside was finished to a high standard without compromising on the budget. A sale price of £490,000 exceeded the original forecast of £425,000 due to the market and finished product.
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Note:
Further financial information on all of our previous developments is available to investors upon receipt of a signed NDA.