I made £28k in just days flipping a rundown property – I only needed one week off work to take it on
MARTIN Roberts was recently left stunned by a Homes Under the Hammer renovation that was completed in a matter of days.
The BBC One show host visited the South Wales village of Blaenrhondda to take a look at a property that was on sale for only £39,000.
He was shocked by the price, given the two-bed house seemed to be in great condition from the outside and was in a good location.
Martin headed inside cautiously, but was even more pleasantly surprised to see double glazing on the windows and a central heating system already installed.
The presenter was also impressed by the spacious lounge and kitchen diner.
Two bedrooms and a large bathroom could be found on the first floor, where Martin also spotted damp patches on the ceiling, but did not seem concerned by them.
“Yes it needs a bit of work,” he admitted, “a bit of refurbishment, a bit of tender loving care but you’ve got a house here that’s a good size in a great location, I mean, what’s not to love?”
Despite being blown away by the great condition the property was in, Martin was still surprised to hear how quickly the new owner planned to refurbish it.
Tom shared his high hopes that he would be able to flip the house in 14 to 21 days while working full time.
What’s more, he set himself a budget of £10k, and planned to do the majority of the renovation work with his brother rather than hire professionals for the job.
An incredulous Martin branded Tom “speedy” after hearing his goals, but sure enough, it only took the man 18 days to get the house up to scratch.
When the Homes Under the Hammer crew returned to film the transformation, the homeowner shared that he only took one week’s leave from his job to do manual labour around the house.
The remainder of the work was all done at the weekend.
In that short period of time Tom managed to install a new kitchen, bathroom, and fresh doors.
He also levelled the floors and laid down new laminate on them, decorated the home, and updated the garden.
When an estate agent visited the property he revealed that Tom would be able to make a profit of £28k when selling it.
The delighted man responded: “I’m quite pleased with that overall, it’s more than I was anticipating when I first bought the property so, yeah, very pleased with that.”
Are tiny homes legal in the UK?
TINY houses can be UK regardless of whether they are on a trailer base or not. The legality of tiny houses is all to do with where it is and what you use it for.
If you want to put your tiny house in the back garden of the home that you own, and the overall size of your tiny house does not exceed 19.8m x 6.7m (65ft x 22ft), then good news! You do not require planning permission.
Tiny houses that fit within these dimensions and are constructed on trailer bases are legally classified as caravans, which means you can legally park them within the curtilage of your home without planning permission.
If this is your plan, then it is a legal requirement that you only use the tiny house as additional living space, like an office, a gym, or a studio, but you cannot rent out the space to a tenant.
For those of you who live on farmland, what is defined as curtilage can be complicated. In these cases, and under any circumstances where you are unsure, we recommend that you speak to your local planning officer.
You can put a tiny house on your land as a temporary structure for 28 days, but for any longer than this we recommend that you speak to your local planning officer as different permissions will be required.
Source: The Qube