1 YEAR (in 30 minutes) RENOVATING an OLD LONDON VICTORIAN TERRACED HOUSE into DREAM HOME

Havesomevision・2 minutes read

The narrator purchased a wider London Victorian Terrace House for £977,500 after negotiating with the seller, undergoing significant renovations including repointing and cleaning the front of the house, rewiring, plumbing, and plastering, resulting in a luxurious five-bedroom home with a remarkable kitchen and garden, showcasing the challenges and mistakes inherent in the renovation process. They recommend starting DIY projects by watching their videos documenting the construction of a new luxury house.

Insights

  • Renovating a London Victorian Terrace House can be a costly endeavor, with expenses for permits, waste removal, and various renovations quickly adding up to thousands of pounds, significantly impacting the overall value of the property.
  • The speaker highlights the challenges and extensive efforts involved in renovating the house, showcasing the process of negotiating a lower price, undertaking significant renovation work themselves, and facing neighbor complaints, ultimately achieving a luxurious five-bedroom home with high-end features through dedication and perseverance.

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Recent questions

  • What challenges did the narrator face during the house renovation?

    The narrator faced challenges with neighbors, noise complaints, and difficulties during the renovation process. One side of the neighbors was supportive, while the other proved to be difficult, impacting the renovation progress. Despite initial plans to hire builders, high quotes led the narrator to undertake 95% of the renovation work themselves, subcontracting specific tasks like bricklaying. The renovation involved planning permission, drawing plans to save costs, and dividing expenses among three owners. Despite the challenges, the narrator managed to complete the renovation, achieving a luxurious result at a lower cost.

  • How did the narrator negotiate the purchase of the house?

    The narrator initially offered £920,000 for the house, negotiating with the seller to eventually settle on a price of £977,500. This negotiation process involved a 9% deposit and splitting the mortgage between three people. The house was priced at £1.1 million, with original features but needing significant renovation. Nearby houses sold for higher prices due to loft conversions, highlighting the negotiation skills of the narrator in securing a lower price for the property.

  • What were the key renovation plans for the house?

    The renovation plan for the house included a side return extension, loft conversion, and a pod extension. These plans aimed to increase the size and value of the house significantly. Despite challenges and high quotes from builders, the narrator decided to undertake most of the renovation work themselves, subcontracting specific tasks like bricklaying. The extensive renovation work involved various aspects such as rewiring, plumbing, plastering, installing skylights, and creating a luxurious kitchen and garden.

  • How did the narrator finance the renovation project?

    The narrator financed the renovation project by negotiating the purchase price of the house to £977,500, with a 9% deposit and splitting the mortgage between three people. Renovations in London were costly, with permits and waste removal adding up to thousands of pounds, impacting the true value of properties. Despite the high costs involved in the renovation, the narrator managed to complete the project by dividing expenses among the owners and undertaking most of the work themselves to save on costs.

  • What advice did the narrator give to viewers interested in renovation projects?

    The narrator emphasized the challenges and stress involved in renovating a house, highlighting the inevitability of mistakes even by professionals. Despite the difficulties faced during the renovation process, the narrator encouraged viewers to start their own projects by watching their videos documenting the construction of a new luxury house. This advice aimed to inspire others to take on renovation projects, showcasing the rewarding results that can be achieved through hard work and dedication.

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Summary

00:00

London Victorian Terrace Renovation Success Story

  • The narrator searched for a property and found a wider London Victorian Terrace House than usual, offering spacious rooms due to its unique layout.
  • The house was priced at £1.1 million, with original features but needing significant renovation, while nearby houses sold for higher prices due to loft conversions.
  • Renovations in London are costly, with permits and waste removal adding up to thousands of pounds, impacting the true value of properties.
  • The narrator offered £920,000 for the house, negotiating with the seller and eventually settling on £977,500, with a 9% deposit and mortgage split between three people.
  • Moving into the new house marked a significant achievement for the narrator, who transitioned from a disliked day job to self-employment through side hustles.
  • Renovating the house involved planning permission, drawing plans themselves to save costs, and dividing the mortgage and renovation expenses among three owners.
  • The renovation plan included a side return extension, loft conversion, and a pod extension, aiming to increase the house's size and value significantly.
  • Despite initial plans to hire builders, the high quotes received led the narrator to undertake 95% of the renovation work themselves, subcontracting specific tasks like bricklaying.
  • Neighbors' complaints and challenges arose during the renovation, with one side being supportive while the other proved difficult, impacting the renovation process.
  • The narrator faced challenges but managed to complete the renovation, including acid cleaning and repointing the front of the house, achieving a luxurious result at a lower cost.

14:06

House Renovation Costs Over 40,000 Quid

  • Neighbor complained about noise from pressure washer during house cleaning
  • Used acid to remove carbon pollution from bricks on the house
  • Needed repointing due to poor cement pointing on the house
  • Repointing the front of the house cost 1,800 quid
  • Total cost for repointing and cleaning the front of the house was 2,100 quid
  • Scaffolding cost 6,000 quid for a watertight roof during renovation
  • Rewiring the house cost 5,000 quid, plumbing work cost 4,000 quid
  • Plastering every wall and ceiling in the house cost over 10,000 quid
  • Skylights for the extension cost 400 quid each, EPDM for flat roofs cost 4,000 quid
  • Kitchen cost 10,000 quid, quartz worktop and backsplash cost 4,500 quid

27:59

"Renovation journey to luxury home inspires"

  • The speaker recounts the extensive work and stress involved in renovating a house, resulting in a five-bedroom home with luxurious features like a remarkable kitchen and garden. They emphasize the inevitability of mistakes even by professionals, encouraging viewers to start their own projects by watching their videos documenting the construction of a new luxury house.
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