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- 🏡 Five Budget Reno Opps 💰️ - 28th January 2025
🏡 Five Budget Reno Opps 💰️ - 28th January 2025
Five handpicked renovation opportunities all under £150k
Hello and welcome to today’s edition of The Reno Hunter newsletter.
Today, I’m giving you five of my best budget reno opportunity finds to hit the market this week - chances to get in and add value at the lower end of the spending scale.
Hope you like one!
Oli
💡 Why We Like It 💡 Properties are selling quickly in this area at c.£150k currently, at mid-specs. There’s no value to be had at the price for a flip (if <£120k, maybe), but a steady 2-year live-in project here could be the move to get a good return out of the rising house prices in the area 👉️ | ![]() WF10 terrace sold prices |
💡 Why We Like It 💡 From the photos it actually looks like it’s in good condition. Properties like this are moving in the area currently, with a comparable listing at £150k selling pretty quickly late last year.
💡 Why We Like It 💡 The bathroom is where the real value is to be gained so you can focus the main budget on that, plus cosmetics and the massive garden offering lots of opportunity to increase appeal. The kitchen in good nick (new cooker needed) so that’s a rare load off your mind. Few signs of damp in the kitchen and living areas will need a closer look.
💡 Why We Like It 💡 Priced at £120k, the agent has correctly listed this at the bottom of the market given its condition. The chart on the right showing the ranges of asking prices for 3-beds in surrounding postcodes. You’ll still want to be negotiating a fair chunk off the asking, but keep reno costs down and you could find some margin. | ![]() Range of listing prices in S80 💰️ |
💡 Why We Like It 💡 The fact that the agent is hoping you don’t notice that the kitchen roof has FALLEN IN. You wanted a project, yeh? 😆
![]() | 💡 Why We Like It 💡 For the fact that the agent is hoping you don’t notice that the kitchen ceiling has FALLEN IN. You wanted a project, yeh? 😆 |
🚧 Hi-Viz 🚧
UK Property News
🏦 Relaxation of Mortgage Rules Could Aid 76,000 First-Time Buyers
💎 Home Counties Experience 9% Drop in Luxury Property Prices
🏴 Aberdeen Named UK's Most Affordable City for Homebuyers
💸 First-Time Buyers Urged to Act Before Stamp Duty Changes
Hope you find a bargain and as always, do that due-dil!
Until next time…
Happy hunting,
The Reno Hunter Team
👉 Looking for renovation inspiration? Check out before-and-after renovation ideas on Instagram and Facebook
Disclaimer:
All projections are based on provided data and are subject to change. Always conduct your due diligence before proceeding with any property investment.