Q:I want to sell my house which is ex-council, has no central heating or double glazing and is quite run down. Should I put CG and DG in before selling or should I sell as is. Obviously if I do nothing I will get less money but would it be very much more difficult to find a buyer? I should add that there is space to extend at the back and side of the house so a buyer might be someone who wanted to make alterations anyway. Very grateful for any advice please.
guy – No I`m not in Farnham – wish I was!
A 2-bed ex-council flat went on the market near me recently and was sold by bidding war within 24 hours – complete wreck of a place!
Just remember that you won't be selling it to typical families, but to investment-types and maybe first time buyers wanting to get ahead of the game… (amateurs are more likely to pay over value; professional developers are more realistic about price and will want a bargain)
We viewed a house with no central heating, the vendor claimed it was the reason she has lived so long and healthily . Personally unless you have friends/relatives whose job it is to do central heating and double glazing I would just put the property on the market as is and let the buyer do what he/she wishes.
If it is likely that a buyer will add an extension, there is little point in putting in central heating with a boiler that will be too small to feed the extension.
Better to put it on the market at a reasonable price and sell quicker, saves you agro and time.
Work out how much it will cost to do (I'd estimate 4-7K depending on size) and then get it valued as it is and with the improvements and take it from there.