My wife has recently inherited an old family home, unfortunately it is in a great deal of disrepair.
I have asked some local builders for some quotes, the average total reparation cost comes to around £60-70k.
I just wanted to run the quote past someone and see if these figures sound about right.
Heres a quick overview:
Its a 3 bedroom semi 1930s home. Its in poor structural and cosmetic condition, furthermore it requires full modernisation including: windows, drainage, plumbing, & electrics & removal of asbestos in ceilings.
There seems to be a great deal of rot and water damage that was visible after we removed the wall paper and carpets.
Furthermore the extension is in disrepair. The flat roof is leaking and ivy has penetrated the walls.
I don’t know too much about these types of houses but from what I understand many were built in the UK between the wars.
The total seems like a lot, but at the same time it has not been looked after or lived in for many years.
Do the quotes sound excessive?
Its it even worth doing all the work?
Shall I just sell the property as is?
I would really appreciate any advice.