Owners Unimpressed With Property Evaluation After A £60k Renovation | Homes Under The Hammer

A victorian house built in 1897 in Goldenhill has had renovations worth £60,000, however will that raise the property value by enough for the owners to make a profit.
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[@emilyspecter9532]

They should have spent a little more money and used the flooring from the kitchen everywhere. That low pile carpet makes it look like an office building.

[@katbar6066]

Yes it looks like "Renter" carpet not stuff you would want to live with if it was your own.

[@katbar6066]

The reno was not 60K that was the cost of the house plus reno. 10-15K profit is pretty good. The road is awful and it is only a 2 up 2 down.

[@b_uppy]

Location is everything.

[@arfanmedni7294]

Then number of bedrooms!

[@thehungrygoldfish]

Yes, but if it was in a better location, it would be 10 times the price. Yes, it'll sell higher in London, but they wouldn't have gotten the house for 36k if it was, lol.

[@b_uppy]

@@thehungrygoldfish
There are other things that factor in 'location'. High crime versus low, view property, educational quality of schools, strip joints, and a bunch of other things factor in.

[@katbar6066]

I hate the fake ultra modern fire in the lounge.

[@kryptoniteee]

It’s just a 24k renovation. The purchase price was 36k!!!! IT IS NOT A 60K renovation!!!!!

[@arfanmedni7294]

Nope but they're in it for 60k and now wondering when they will recoup that!

[@AfricancoolChic]

Why match the kitchen handles to living room? Also carpet is not really practical. They did a good job though👍

[@callumandtaylorclampethcla9352]

In central London this house would be worth 600k easily

[@bloxyedits]

It would easily be in the millions

[@thehungrygoldfish]

Yes, but it would have bought in auction for 1.1 million with like 800k in renovations, lol.

[@drewconway7135]

0:41 “Rebuilt porch” oh you mean the stoop? LOLOL

[@CraveThatCoin]

"decided to put it on the rental market". Yeah because it didn't sell for your asking price :) It was indeed worth 70-75k

[@arfanmedni7294]

Always make sure it works out financially.

[@christinaoriana]

How long did it take? And if I need to contact the contractors, how do I do so?

[@Prieze868]

Don't sell keep it and collect it ill do another one

[@carolannelewis8510]

I think it depends on location

[@ΑντωνηςΜανωλαγκας]

They would never sell for the price they wanted

[@carolannelewis8510]

Not fussy on low pile carpet , always looks like a caravan which is fine for that but not house , the rest is ok , it’s their choice different folks different strokes

[@LeahRebecca]

yikes

[@camyeoman4180]

What do you exoect with that shitty rough carpet

[@craigmerkey8518]

What is more interesting is watching the English affect!

[@NoOne-hv1wz]

So few subscribers yet

[@jsfootball2978]

0:30 0:31

[@lukesutherland2915]

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