Two house have come up in an estate I like. One is at the very top of our budget, I think it’s a bit dear at that price but that’s an argument for a different day. The other is 140k cheaper but a fixer upper.
How much moolah would I be looking at to renovate a bog standard 3 bed semi d? New kitchen, new bathrooms x2, all new carpets, probably new heating maybe wiring (I don’t anything about wiring, maybe it’s ok).
For a small extension or ideally a small first floor extension and jiggle the bedroom layout, over a slightly bigger kitchen extension, and the above work, would 100k do it?
Ideally if I got it for the asking price I could keep back 60k. Maybe borrow the rest from the parents. Would the banks consider me with a fixer up if I had a plan like this?