Visiting an end-of-terrace property in Staffordshire on Homes Under the Hammer, Dion Dublin said: “The home I’m here to see is at the top of a very steep incline and at the bottom of a very steep decline.” It had three bedrooms at a guide price of just £55,000. Taking foot inside the home, viewers got to see the state of it. Dion said: “You’ve got a nice solid floor, walls are nice and solid….there’s corbels, original feature as well, so I’d want to definitely keep these.
“You come off the hallway into this first reception room. You’ve got an old real fire there as well and when you look out the window, you’ve got some really nice views.”
At the rear of the property was the second reception room which was bigger in size but needed updating. Off from that room was the kitchen which had bright blue walls and old fashioned cabinets.
Dion said: “Then we’ve got the bathroom right at the end of the property. There’s possibly a better way that you could configure that but the space is there.
“From what I’ve seen so far, it’s well built, it’s got loads of space and if you’ve got a bit of imagination, this downstairs could be very smart.”
In the small room, the couple had managed to turn it into a shower room. Gail said: “It’s absolutely fab. No having to go downstairs late at night, so it’s great.”
In the end, the couple spent £27,000 due to the garden taking a hefty part of their budget.
A local estate agent visited the home to see how much value Martin and Gail have added to the property.
The expert said: “I think it’s been finished to a very, very high standard all the way through, even just down to the fixtures and fittings, some of the smaller details, the attention to detail there has been very, very strong.
“In the current market conditions, I would expect this to achieve somewhere between £140,000 to £145,000.”
A sale at that top value would mean the couple have managed to increase the home’s value by a huge £85,500 and see them a nice profit of £58,500.