This is the most common question I get asked when looking at projects for clients.
The simple answer is…how long is a piece of string?!
Whilst happy to give a ball-park figure based on experience and recent projects of similar nature, there are so many variables that determine the ultimate cost of a scheme that it is very difficult to accurately pluck a figure from the sky!
That said, we at Old Town Property understand that people need an idea and it is vital we manage expectations as often the difference between perceived cost and reality can come as a bit of a shock, particularly in these times of increased material and labour costs.
Below are three recent examples of contract costs and basic scope of works for completed Old Town Property projects..
Whitfield, Dover:
Large loft conversion creating one master en-suite and second bedroom, relocation of side entrance to front of property forming grand entrance hall and incorporating new staircase. All roof coverings, new boiler, re-wire, second fix carpentry, new windows top floor and clad externally. All plastering, carpet and internal finishes.
Cost: £67,000 (10 weeks)
Reeves Yard, Margate:
Complete rip out and refurbishment of mews house for AirBNB and family use. Scope included new kitchen, new bathroom, new flooring throughout, decoration throughout and knock of non-structural wall to open up downstairs into kitchen/diner fit for use. Renewal of front door, fitting of electronic door-lock and Ring doorbell system as well as articial grass to the rear courtyard.
Cost: £20,000 (6 weeks)
Eastern Esplanade, Cliftonville:
Refurbishment of large two-bedroom apartment in Cliftonville for purposes of AirBNB rental. Scope incorporated complete rip out of flooring and renewal of internal walls which had rotted out. A new kitchen replaced the old and two brand new bathrooms were fitted. Total renewal of existing plumbing and electrical systems was undertaken to modernize and future proof, as well as new radiators and sockets being replaced and modernized. Full decorating package and replacement of sockets and even front door furniture completed the transformation.
Cost: £32,000 (9 weeks)
If you have an upcoming house renovation project you would like to discuss, you can contact us by email or phone today.