HOUSING. Anyone here work in a housing/property maintenance/related

>>1809384
I work in the U.S.
We took most of our real-estate laws from your side of the pond.
What do you want to know?

I used to work in planning m8, and me and my bruvva are putting a bid in on an old house down saaf.

I think the optimal strategy for doing this is to pick a house that is reasonably old and run down but without any serious structural defects. Those are what eat into your budget and, most importantly, take too much time, because if you're doing it yourself it will take a fucking age and if you're getting contractors in you'll start to lose money fast.

The key is to do a cosmetic job, not to fuck around with excessive structural works. You have to consider "added value" at all times. I really do think that there is so much superficial value to properties. Choppy haired estate agents are definitely not immune to the psychological impact of a house looking clean, well decorated and well maintained, so it would appear that this is the easiest way forward if you want to play this game.

The biggest gains are to be had with properties that are closer to the average house price as in this range, demand is inelastic.

It's good that you're in maintenance, you'll have a decent idea of pricing it. It will also help if you are friends with a building surveyor as they will quickly identify if there are any major structural defects, like roof sag, that would just fuck you over.