I BOUGHT A CHEAP FLAT

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High Peak Property

High Peak Property

Күн бұрын

Пікірлер: 648
@martynlockwood2190
@martynlockwood2190 Жыл бұрын
Hi Matt. A word of advice on your rental property portfolio. Try and standardise across all your properties ie use the same paint colour from the same manufacturer, same kitchens, door handles, light switches, sockets etc. Makes maintenance in future much easier. Trust me if you have different colours of paint from different manufacturers you will end up painting full rooms because you can’t remember what the paint was. If they’re all the same you can paint individual walls to freshen up when tenants change. Good luck.
@jackdoyle6442
@jackdoyle6442 2 жыл бұрын
I love the style of these videos they’re great. The editing is so clean and the financial transparency is a rare and worthwhile addition. I also really appreciate that it’s very similar to High Peak Autos yet so distinctively a different Channel. Keep up the great work. Maybe a house tour of your own place sometime?
@josephjohnson7860
@josephjohnson7860 2 жыл бұрын
Yes he does it in a way which is easy to follow and understand and inspirational
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Thanks! Maybe one day
@joline2730
@joline2730 2 жыл бұрын
@@highpeakproperty Read, study and inwardly digest Mark Richardson's post. It is all *very* sound advice. Too many people do far too much on a refurb, and do what they want, rather than leaving if for the tenant to live the way they like to live. You are trying to force your standards onto them. All his suggestions are extremely sound. The lights over the bed is a great idea, without going ott. No need for extra sockets or usb either. Rads are fine, just need a re-paint (unless they are not working - if it aint broke don't fix it). I would also leave the kitchen units, but obviously add hob/oven. You just need new door-fronts. The bathroom is your most expensive job, I've just done a change from bath to shower, which is much more expensive than a bath, but much more convenient. Your refurb cost should be in the region of £7,000 - try not to overthink it. This is my first time seeing your video, and I hope you will keep us all up to date with what you are doing, and look forward to seeing the end product. Best of luck 👍🏠🏠🏠✔
@NomadicNight
@NomadicNight Жыл бұрын
@@joline2730 I think that Matt may decide to reconsider some of his options, but regardless, it's his property, and he can do whatever he likes with it. It's his money, and I very much doubt if his tenants will be complaining about the extra upgrades he's done on their behalf. Getting all the work done before he lets it is far better than making adjustments later on, once tenants have moved in. You seem to be complaining about his extra efforts to bring the flat up to his own high standards, rather than 'trying to force his standards onto them'. (paraphrased). Most landlords in my experience try to spend the absolute minimum amount of money on refurbishment costs. You also seem to be forgetting that all this renovation work is necessary in a flat of that age, to allow it to be let in the first place. Most tenants will want a modern style flat for £750 a month rent.
@joline2730
@joline2730 Жыл бұрын
@@NomadicNight Yes, of course, mine are only suggestions, and he can do what he wants - I'm only trying to save money, inasmuch as not doing things that don't really need doing, like the rads, for example. You can spend, and keep on spending on a property, the trick is not to go over the top. I am sure he will do a good job, but better to aim for a good paying tenant than try to squeeze a high rent. My opinion only !! 😄
@matthewgodwin3050
@matthewgodwin3050 2 жыл бұрын
We need a 'house vertical' report to check for mot failures, outstanding finance, mileage discrepancies and previous accident damages etc. Got to check service history on these older examples too. Seriously though, this looks like a great project and will make a lovely home for someone. Can't wait to see it finished.
@dembaba9843
@dembaba9843 Жыл бұрын
Ahahaha
@paulsz6194
@paulsz6194 Жыл бұрын
Perhaps call it "Peak Properties " ?
@thefiestaguy8831
@thefiestaguy8831 Жыл бұрын
Do I get a V5 logbook as the owner of a new property?
@robbflynn4325
@robbflynn4325 2 жыл бұрын
Nothing wrong with those radiators, leave them alone.
@martinkitchin6204
@martinkitchin6204 2 жыл бұрын
Rustins do great Rad enamel
@MotorTorq_ZA
@MotorTorq_ZA 2 жыл бұрын
@Robb Flynn Sorry but We all have different tastes your majesty
@run19O
@run19O 2 жыл бұрын
@@MotorTorq_ZA what’s the point of spending money on replacing them if they work fine your there to make money not spend it the next owner will probably change half your work anyway no need spending too much on some things
@MotorTorq_ZA
@MotorTorq_ZA 2 жыл бұрын
@@run19O they’re old fashioned heaters
@MotorTorq_ZA
@MotorTorq_ZA 2 жыл бұрын
@@run19O we’re living in 2021 not 1921. We’ve got King Charles not King George
@roni2977
@roni2977 2 жыл бұрын
Radiators can stay as the other comment suggested!! Nothing wrong with them, wash them get them painted if necessary, I also advise you to place a bath tub with a shower, not sure who has the time but apparently it's a selling point! The apartment could be sold to a young couple who eventually have a kid! Widen the scope of the potential buyers..
@bobby5634
@bobby5634 2 жыл бұрын
What paint them so their already way less efficient than they already are? Tool.
@bobby5634
@bobby5634 2 жыл бұрын
Replace them with some type 22 double convectors. Who would renovate and keep radiators from the 80s 🤣
@andrewgould9395
@andrewgould9395 2 жыл бұрын
@@bobby5634 exactly! So inefficient compared to the type 22’s
@edc1569
@edc1569 2 жыл бұрын
@@andrewgould9395 putting smaller radiators in suggests you're not that bothered by efficiency, you need to target a lower flow temperature if you're aiming for an efficiency improvement.
@joline2730
@joline2730 2 жыл бұрын
Roni: I totally agree the rads can stay. Other people are stupid, if it aint broke don't fix it. I would just clean and pain them.
@antonioercolino6087
@antonioercolino6087 Жыл бұрын
I bought a very similiar flat from an elderly lady who had to move to a retirement home. I did a full a renovation myself other than the plastering and electrical testing. The main advice is to keep to budget and keep it simple. Don't think about what you like but just what does the job and looks nice. Avoid grey as that's out go for white and neutral colours. My flat is now rented. Good luck Matt. 👍
@robc5955
@robc5955 2 жыл бұрын
Nice one, before you put new floor covering down just check the copper rad pipes in the floor have been wrapped - concrete and copper don’t mix and I’ve had to hack through new floor coverings to fix leaks over the years, not what you want in a flat and especially when rented out.
@LA-fr7fx
@LA-fr7fx Жыл бұрын
Definitely need to wrap the rad pipes in concrete floors.
@markrichardson5966
@markrichardson5966 2 жыл бұрын
Nice find Matt, Perfect bread and butter stock. But we do need to work on your negotiation skills. A couple of points if I may: 1) Wall down and breakfast bar - Agree, the small outlay will make a massive difference and really make the property look more modern. 2) Cupboard into a wardrobe in the 2nd bedroom - Agree, just what I would do too. 3) Bathroom - If this were a house 100% I would say keep the bath as that is always high on the list of wants for families. However, your target market is more likely to be single professionals or older/retired people so I think the shower and more space in the bathroom will appeal to them more. 4) whilst the box housing the extractor fan ducting is annoying, it's not really taking up any usable space, so the cost of ripping out and making good won't give you any return on your investment. Personally, I would leave it, re-route the fan via the loft if you wish, and maybe add two down lights recessed in the old box to be over the bed lights. If I can share a word of advice, you need to treat these properties more like your part exchange cars, you are always saying you could do X,Y,Z to improve the car but it's not worth investing your money past a certain point. Well, the same for property rentals. Things like media walls and moving the light in the hall won't add money to your rental. In fact, people may hate having a media wall as you are forcing them to use the room how you configure it. If you were flipping the place then I would agree with these things as you want the property to really stand out. I was the same when I started out, I used to gut the places entirely and start from the ground up. However, after a while, I realised a fresh coat of paint, new flooring and a kitchen and bathroom update make a property look and feel fully refurbished. Plus you can turn the properties round much faster and save thousands. I can honestly say all tenants want is a clean and tidy property they can call home. And if you want a lower turnover of tenants, offer the property unfurnished. But you are well on your way.
@MrREHW
@MrREHW 2 жыл бұрын
I'd totally agree with this. Also the blue bedroom doesn't need plastering. Wall repairs and Eastville it'll be perfect for painting. Don't get carried away. Don't put usb points in. Its a cost you don't need.
@moosic2i
@moosic2i Жыл бұрын
I’ve never understood the fascination with open plan living especially in small flats. The ability to close the door to the kitchen and keep cooking smells in there is underestimated. Also, no one needs to heat a kitchen so if you can close the doors on the living room you only need to heat that space
@kenweller4179
@kenweller4179 Жыл бұрын
Totally agree. It's easy to get sucked into making a place like you'd want it if you were living there. I'm not convinced tenants want to same things. How much more rent would you get for the cost and hassle of moving the hallway light and fan ducting? I'm not even really convinced about replacing the radiators.
@pobstrel
@pobstrel Жыл бұрын
@@moosic2i Agree. I cook fish and spicy food and while I enjoy eating them I don't want the rest of my home smelling of cooking smells. So having a separate kitchen is useful. I think a lot of new builds use open plan as an excuse as you'd see how small the kitchen and living room are if they had dividing doors/walls.
@clivewuest8529
@clivewuest8529 Жыл бұрын
Great presentation Matt. As always no nonsense and straight to the point. Love the way you way you have diversified into this new channel running in parallel to High Peak. I think you a role in one of those daytime TV property programs awaits you. Your a natural at this. Well done. x
@highpeakproperty
@highpeakproperty Жыл бұрын
Thanks! I appreciate it
@andiscott8470
@andiscott8470 2 жыл бұрын
For the pipework for the rads, you can buy skirting which has a rebate in the back of it for heating pipes. It is what I intend to do on the ground floor of my house as I also have solid concrete slab.
@LA-fr7fx
@LA-fr7fx Жыл бұрын
Burying rad pipes in solid concrete floors is not always a good idea - the pipes will wear over time and cause leaks which cannot easily be diagnosed. All you see is the pressure dropping on the boiler and finding the cause can be an absolute nightmare.
@andiscott8470
@andiscott8470 Жыл бұрын
@@LA-fr7fx Which is exactly the reason I won't be doing it and going with the above instead.
@nigelbryant5932
@nigelbryant5932 2 жыл бұрын
Great purchase Mat. Would be nice to see the property finished 👍👍
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Should be ready by Christmas then I'll have an update
@BenD56
@BenD56 2 жыл бұрын
Loving the videos. It would be interesting to hear of your negotiations/ dealings with the freeholder and the management company with regard to all the works you are planning.
@justinbuckley
@justinbuckley 2 жыл бұрын
With the channel being so new, it would have been hard for him to have started filming the video a year in advance I'd have thought
@joline2730
@joline2730 2 жыл бұрын
To HighPeak: Good point there from timc. If you do anything structural you need Freeholder's permission (and this will be expensive and time consuming), so leave that wall (kitchen) where it is !! 💯🏠
@acorndogs904
@acorndogs904 2 жыл бұрын
Evening matt saving this for 2 am drive to the airport will be covered. Keep em coming
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Thanks! Drive safely
@0runny
@0runny Жыл бұрын
You should be on mainstream TV and start your own production company. The quality of your videos is excellent. Succinct, realistic, passionate, knowledgeable, honest and homely. Your car videos are brilliant, and this video adds another dimension to your work. Please keep it up and hopefully one day you'll be on TV! Although KZbin is TV!
@highpeakproperty
@highpeakproperty Жыл бұрын
Thanks
@toco789
@toco789 2 жыл бұрын
A lot of these jobs and ideas sound like the sort of thing you do to your own house, not necessarily to a rental property where it is all about return. Such as the bathroom extractor re-routing
@jamesmarco9685
@jamesmarco9685 Жыл бұрын
Absolutely right
@Holdeenio
@Holdeenio 2 жыл бұрын
Dammit, beat us to it regarding keys and service history 😂. Lovin’ this content Matt 👍🏼
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Thanks!
@simonb2716
@simonb2716 2 жыл бұрын
Put an hvac system in, as the lounge is dining too. Worth every penny, place will always be fresh, wont need extractor over hob, wont need fan in bathroom, wont need fan in bedroom, very very little to run, they're silent, tenant pays running cost and your property is aired permanently. Go all electric too, unvented water cylinder and electric wall heaters, pipe problem is gone ! I'm amazing!
@sionbenjamin4513
@sionbenjamin4513 2 жыл бұрын
Very interesting twist in the program. I wonder if you may start with the property as you get it, messy run down and as it comes. That will show the contrast of the before and after, all you efforts and work done to turn it around into a smart living space. Cheers and keep it up!
@avacadman2155
@avacadman2155 Жыл бұрын
Yes! Go with a large shower! Gives room for a decant sized vanity for storage too.
@split_pin
@split_pin 2 жыл бұрын
That looks a solid project and nice on the exterior too. This is going to sound weird, but, my parents house was built in the same year and the bathroom had exactly the same extractor fan which made exactly the same racket. It just brought back a memory, like these things do 😂. Good luck with the refurb.
@highpeakproperty
@highpeakproperty 2 жыл бұрын
😂 it’s funny isn’t it. As somebody commented, I think it’s powered by a rolls Royce Merlin engine
@ammarssz
@ammarssz Жыл бұрын
I love Matt’s video I’ve always had an intrest in realestate my dad does property, catering and cars so I learn majority of my dad’s property advice of Mat. Inspirational🤟🏽
@highpeakproperty
@highpeakproperty Жыл бұрын
Very good! Go for it. All the best
@ammarssz
@ammarssz Жыл бұрын
@@highpeakproperty OH MY GOD NO WAY
@ammarssz
@ammarssz Жыл бұрын
@@highpeakproperty THANKS SO MUCH
@TheDaveWilliams13
@TheDaveWilliams13 2 жыл бұрын
Another great episode. Having done this myself for developers I’d say, change the radiators for new double convector rads the same size as the existing. Solves the pipes issue. They’ll get hot quick and cost less to run. You could lose the radiator in the kitchen all together as cooking creates heat and the living room rad will be sufficient for both rooms. Good idea opening up the space between the living and kitchen to provide a space for some sort of seated dining. Personally I’d not fit an oven, just leave a space for a free standing oven so it’s the tenant’s responsibility, they get filthy anyway so saves cleaning. Electric shower is the way to go although I’d keep a bath, parents use then to bathe children. I was nearly going to suggest losing the gas altogether and having electric heaters in each room and small electric on demand water heaters for the hot water, it would negate a yearly boiler service and safety check. You decide on that one. There may well be a clause stating that hard floors are not allowed in the living room, landing and bedrooms, carpet usually has to be fitted to stop it being noisy for the downstairs occupant.
@martinkitchin6204
@martinkitchin6204 2 жыл бұрын
In my experience tenants want (1) Clean kitchens & bathrooms. (2) Showers. (3) Baths for kids. (4) Low maintenance outside space. (5) Somewhere to dry clothes outside when it's dry. (6) Airing cupboards (so don't rip them out thinking you're creating space) 😳
@deborahcurtis1385
@deborahcurtis1385 Жыл бұрын
You can deal with the noise by having a layer of rubber underneath the wooden boards. The advantages of a hard floor are obviously cleaner and easier to clean.
@johnelbro127
@johnelbro127 2 жыл бұрын
First view of your property, very interesting look forward to the work 👍👍👍👍👍
@FeeneyStephen
@FeeneyStephen 2 жыл бұрын
Obviously you know what you are doing. Just one caveat and that is something you touched on; the cost of borrowing and of course cashflow. Good luck and keep us all updated.
@stevie007
@stevie007 2 жыл бұрын
Have been waiting for this one Matt🙏🙏
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Cheers!
@leannethomas3411
@leannethomas3411 Жыл бұрын
For the radiators you can get coloured pipes or sleeves so the pipes match the skirting boards.
@alvinsellors4662
@alvinsellors4662 2 жыл бұрын
Chase the pipes into the wall matt. I'm a plasterer and I hate surfaced fixed pipes. I've skimmed round enough of them lol
@Euphoricsound
@Euphoricsound 2 ай бұрын
Replace the boiler and Central heating and Suggestion: Why dont you board the loft instead. Replace wallpaper and sockets and maybe add a decoration in the living room.I agree with you about that fireplace.Get that out!
@01jvb
@01jvb 2 жыл бұрын
I can beat your 11 months - I bought an investment flat last year and it took 15 months. At times it really seemed like the vendor didn't want to sell. However like you I knew it was a good price so I persevered and I'm now glad I did. That flat has a short lease but it's nothing really to worry about as long as you're aware from the start.
@highpeakproperty
@highpeakproperty 2 жыл бұрын
It’s crazy isn’t it
@modmod392
@modmod392 2 жыл бұрын
Pumping the content out lad 👍
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Trying! Cheers
@stephaniefarwell3210
@stephaniefarwell3210 2 жыл бұрын
I agree with rob in the comments ..do not change the radiators ..the ones in are and will be better quality steel than new ones you can buy...just do a power flush...I've done exactly that with older rads in my house ..and they work perfectly...save your hard earnt cash matt
@stevec1097
@stevec1097 2 жыл бұрын
Easy resto this one, open the kitchen out to the Lounge, clean decor and flooring and job jobbed! Plenty of space for various ideas. Maybe leave those big old rads unless they’re in the way of something, admire your enthusiasm but keep it cheap and effective 👍🏻
@IIJAMZYII
@IIJAMZYII 2 жыл бұрын
You're smashing it 👏🏻
@boldertash
@boldertash Жыл бұрын
Fair play for having a go Matt, I myself (chippy) owned 2 houses(outright) by 38 yrs old and stopped, biggest mistake I made was stop driving forward by buying bigger and better. 26 yrs later in the doldrums
@mrcolmun
@mrcolmun 2 жыл бұрын
1) leave the rads the same size as the pipe work will look naff. 2) washing machine needs plumbing so you won’t be able to put a fridge freezer where you suggested. 3) 500 cupboards is a great idea to ‘find’ free space - don’t go bigger. Best of luck!
@AndyorAndrew
@AndyorAndrew 2 жыл бұрын
Hi Matt, think you should just go nice shower in the bathroom, Bath takes up to much space. Really enjoying this new channel, hope the renovation goes well
@avacadman2155
@avacadman2155 Жыл бұрын
The only carpet we have is on the stairs and the landings. Makes for easy cleaning too. 👍👍👍
@geraldhornsby
@geraldhornsby 2 жыл бұрын
Good luck, Matt. It looks a really great little property. Some of the comments on this video are on the money. I'd listen to them. There are some obviously very experienced property people on here who only wish you well.
@keithward233
@keithward233 2 жыл бұрын
Re the radiators they will be imperial sized but if you measure them you can get a new one around 50mm smaller and fit a drain tail on the valve and you won't need to alter pipe centres. Also keep them big and then you can get a low temp system that will do the job and also save on gas 👍
@angelablack1926
@angelablack1926 2 жыл бұрын
Matt, top of the stairs. Take the small wall down and install open stainless steel or chrome horizontal railing - throws a lot of light down the staircase.
@paul_isaac
@paul_isaac 2 жыл бұрын
Good purchase Mat
@1951GL
@1951GL 2 жыл бұрын
You are in the right sector of the market. Get rid of the bath and do the walk-in shower. I would be inclined to insulate the roof space while the extractor tube is put in. It will enhance the rental blurb. Wood chip - the decor equivalent of your favourite Nissan SUV. Typical 70s cheapjack papering. Check the lease to see if the maintenance charge is subject to an increase - and, if so, when. Sound investment.
@TonyM444
@TonyM444 2 жыл бұрын
Looks like a solid property, looking foward to seeing progress
@bernardgibbons1582
@bernardgibbons1582 Жыл бұрын
Looking forward to seeing the finished project
@Mark-tq2vi
@Mark-tq2vi 2 жыл бұрын
One thing I'll say with it being an old house, be careful of mold. If the house isn't insulated it could get really bad in the winter with water dripping down the walls and stuff. Btw the smell Ur smelling is probably must or a moldy smell
@deborahcurtis1385
@deborahcurtis1385 Жыл бұрын
Or just musty dirty carpets. They accumulate moisture from not being properly ventilated, and it's one thing to have double glazing but you have to change the air out or it becomes a vector for mould. The house isn't showing signs of roof leaks but he mentions having access to the attic so it's easy to check for wall moisture with a detector and fix any issues with the roof. The body corporate probably is responsible for the latter.
@moosic2i
@moosic2i Жыл бұрын
We are in winter now?
@anubiasab
@anubiasab 2 жыл бұрын
Nice video matt. It would be nice to see what your properties look like after their refurbishments :)
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Working on it
@gokiim
@gokiim Жыл бұрын
very professional i like your taste and the overall vibe of the editing. The transitions are excellent aswell. Nice work man, dont forget to update us its been 3 weeks
@pauldiplock205
@pauldiplock205 Жыл бұрын
Love your attitude and candidness about how you fund everything.
@highpeakproperty
@highpeakproperty Жыл бұрын
Thanks!
@colincleary8669
@colincleary8669 Жыл бұрын
Iam an avid watcher of your high peak car videos and only second time watching your property chanel I wish you every success with your projects matt and as my dad used to say God loves a tryer keep the videos coming matt really enjoyed it and all the best 👍
@highpeakproperty
@highpeakproperty Жыл бұрын
Thanks!
@mrbigvanlife7130
@mrbigvanlife7130 2 жыл бұрын
I’ve a couple of properties. My advice is like your cars, buy with your head not your heart. Keep the rads, anything like panelling for walls is something that dates so be careful and just keep it simple and neutral to widen the appeal. The tenant can put their stamp on it with paint so get the walls sorted and good old brilliant white for brightness. Go gas for the cooker (cheap to run) and new boiler is a good idea. All lighting LED. Perhaps insulate the loft 300mm - tackle the energy - again widens appeal. Nice project!
@richardhall2384
@richardhall2384 2 жыл бұрын
Keep the radiators they are the size they are for a reason. could throw off the balacing of the heating with smaller ones. with a combi boiler set to low heat running efficiently they will do a good job. what other energy efficiency stuff do you have in mind? hows the loft? Is it accessible?
@Tonymason762
@Tonymason762 2 жыл бұрын
I’m sure you’re on it Matt but make sure you get a Structural Engineer to do the relevant calculations if you’re removing a load bearing wall. It will cause you issues when you come to sell it if you don’t , as I found out a few years back !!! Great video as always .
@FeeneyStephen
@FeeneyStephen 2 жыл бұрын
Agree with the structural engineer and of course you will need to get building control in for this work to keep you straight.
@KendalSmithy
@KendalSmithy Жыл бұрын
Those radiators look fine. There are no such things as 'inefficient' radiators, they can be slow or quick to heat a room, but our house has them and they work perfectly well.
@MrBrodernafluff
@MrBrodernafluff 2 жыл бұрын
Reminds me of my childhood in England, looks just like a small town that I think was called Tring.
@cybershot123
@cybershot123 2 жыл бұрын
Hi Matt well done kept this to your self . Check if that is a structural wall in kitchen you can get rebate skirting boards. Plus the bearings are worn out on the bathroom extract fan original fan. Bosch boiler to install check pipes are installed correctly in concrete. You seem to on top of it all good luck onwards and upwards.
@donmezdonmez7801
@donmezdonmez7801 2 жыл бұрын
Loving the new channel, really enjoyed this one, cant wait to see it all done.
@video99couk
@video99couk Жыл бұрын
I would put a combi boiler where the immersion tank is, and so free up the space in the kitchen. That allows you to make a much better use of kitchen space and getting looking really nice. The space around the new combi boiler can be carefully shelved (so nothing can touch the boiler) and so be a good airing cupboard.
@paulsz6194
@paulsz6194 Жыл бұрын
Go the Aldi (Ferrex) tools At 7:55 ! Nothing like getting decent DIY tools at a good price! I usually wait until they discount them before considering to purchase one I might use in the future. Great idea with the power outlets to get ones with a USB port, especially for the bedrooms, as it frees up the outlet for a TV, fan, desk lamp, etc. Also good idea with ditch the bath and just going with the shower only, it will free up the bathroom & make it more practical,
@TelN-se4ks
@TelN-se4ks 2 жыл бұрын
Agree with others, a radiator is a radiator if it works don't spend money, but TRV is worth installing. It's easy to get carried away and pursue your own tastes when the market doesn't demand it. Seems ideal for young professionals. Open plan living seems to be the current fashion, if you make it a tasteful lounge/diner at reasonable cost then go for it. Check with the management company about structural changes, also check about access to the loft, it may not be your responsibility. I would put the consumer unit up high, they are not unsightly. Might be worth thinking about EV charging. At some point it will be required, maybe some years off for rentals. White suite is essential bath with a shower gives more versatility for future tenants/owners. At the end of the day it's all about return on investment, don't get carried away. Good luck.
@grenvillephillips6998
@grenvillephillips6998 2 жыл бұрын
Good sized rooms, especially the kitchen. You need to check whether the gas fire has a flu, and establish which direction the rooms face. If the sitting-room faces north, it might explain the long radiator. A lot of flats dispense with the bath and fit a shower, to make room for a washing machine, and the extractor will vent the steam. You might want to find out whether the kitchen wall is load-bearing before you think of removing it. The flat looks to have plenty of potential as the brochures tend to say.
@kakariki8744
@kakariki8744 2 жыл бұрын
The Old radiators, will Outlast any new cheap ones, just flush the system👍🤗
@JazzyJosie
@JazzyJosie Жыл бұрын
LOVE this video! Willl you also do renovation videos? and then before and after video with the final financial breakdown? That would be AMAZING! ~Jj
@frasercheyne8332
@frasercheyne8332 2 жыл бұрын
It's different here in Scotland, once you own it it's yours, there's no lease but it's called "feudal" unless you don't pay a debt secured on your property it's yours completely
@davidh2022
@davidh2022 2 жыл бұрын
20yrs ago next year I started out selling property in London - somewhere like this as you have bought it would have been 220-250k in noi the best areas. Good investing and luck to you fella!
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Thank you!
@AutomanZ
@AutomanZ 2 жыл бұрын
Loving this off shoot of the car videos. You come across as a normal bloke just wanting to do well. Can't wait to see the finished result.
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Thanks!
@mattw8332
@mattw8332 2 жыл бұрын
I'm looking to buy a flat like this next year. I really like this flat: lowish service charge and I like that it has it's own front door and stairs rather than a communal stairwell. One thing I would reconsider is replacing the bath with a shower only. I would install a new bath with shower over. I do enjoy a bubble bath once a week in addition to showers at other times! Also, think about the potential buyers. They might have young children and I understand that it's easier to bathe them them subject them to a shower.
@deborahcurtis1385
@deborahcurtis1385 Жыл бұрын
Exactly right, although if you want to save space you can put in a shallow bath that's like a deep shower well not a full sized bath. You don't fill it with separate taps, you fill it using the shower head, but you can replace the shower with a hand held device that hooks into the wall and unhooks to use as needed. Cheap and useful for washing children's hair etc. You can use it as a bath but with the obvious limitation of not being able to stretch out fully. If you want to put in laundry fittings in, that optimises the space and is a massive convenience. No question. Nobody wants to have to go to a laundromat, it's just a total waste of time.
@pj9051
@pj9051 2 жыл бұрын
Depending on where you measured Your kitchen units , they should be around 570mm deep including void at the back .15mm/18mm for the doors and Worktops are generally 600mm or 616mm depending on where you buy them .
@boywonder6659
@boywonder6659 2 жыл бұрын
Hi Matt, Just to let you know the 500mm deep kitchen units are standard but by no means as popular as 600mm ones. They’re often used as in your flat when floor space is a consideration. The bit of extra floor space may be worth more than the extra 100mm of cabinet storage room. Good luck. Oh and one other thing there’s a young lad like you flogging cars. He has a KZbin channel with a similar format to yours in fact it’s the same name. You should look into it.
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Haha I’ll check it out
@deborahcurtis1385
@deborahcurtis1385 Жыл бұрын
Or, you can keep the cupboards as they are and just have greater overhang on the benches. Bench space is at a premium everyone wants that.
@JohnnyMotel99
@JohnnyMotel99 Жыл бұрын
However, washing machine will really stick out. Same for the fridge.
@deborahcurtis1385
@deborahcurtis1385 Жыл бұрын
@@JohnnyMotel99 Preferable to put the washing machine in the bathroom it's a last resort to have it in the kitchen especially with open plan. The noise is just so annoying. The washing machine can go in the space made by reducing the bath to shower recess, but having a deep shower recess to double as a smaller bath. Fridge? You need a recessed space for sure and you can make it fit by making the overhang of the bench deeper.
@JohnnyMotel99
@JohnnyMotel99 Жыл бұрын
@@deborahcurtis1385 Yes W/m in the bathroom is a win-win. Can't really agree on a 600 fridge in a 500 cabinet depth, even with an extra overhang. Still, if it's rental only....
@alandriver9916
@alandriver9916 2 жыл бұрын
This is exactly the project I want to do. Only, I'd replace with radiators the same size as whats currently there, if the old ones are imperial then you might need a slight extension on either side, but wouldn't look out of place. Good luck and please post progress updated along the way
@new2000car
@new2000car Жыл бұрын
They made the radiators huge in 1981 to extract every ounce of heat possible from the boiler water. Smaller radiators would require raising the boiler water temperature for the same room temperature. Sorry I just realized they’re single panel, and double panels would be better…but how much better - the payback period would probably be 100 years.
@chrisardern4594
@chrisardern4594 2 жыл бұрын
I am sure you have already checked but you might need written permission to remove the kitchen wall and have the bathroom fan run through the loft space also you might find that you might have access to the loft space but it might not belong to you. The shower room seem a good idea. If your having a new central heating boiler it would make sence to have the old radiator pipe work replaced considering its been in from the get go. It might be worth looking into having cat 6 put through the property. If you make this property a very high spec consider the rental income. I am certain you will have looked into this already good look.
@lewishorsman2219
@lewishorsman2219 2 жыл бұрын
As a person who lives in a building with wood flooring on top of concrete (carpet top layer) it’s bloody freezing 24/7. Concrete sucks away any heat you have. My advice would be to rip everything up. Put down reflective flooring down and put at least 2” of Kingspan down then wood flooring/tiling on top. Helps you sell it as you can claim top notch insulation underneath flooring. With the heaters, have electric installed. Far more efficient in the long run as the electric goes into heating 99% and a lot easier to install than water heaters.
@paulryan1578
@paulryan1578 Жыл бұрын
Hi Matt word of advice re bathroom as a recently retired builder in oz (ex pat uk) get a extractor fan unit if available in uk what we call in oz is a vented solar tube goes through ceiling up through roof vents direct to exterior plus you’ll get daylight they can also have an electric light globe in the tube
@expromanticart6491
@expromanticart6491 Жыл бұрын
Thanks! Now I know the meaning of Cheap!
@properpropertyplanning2412
@properpropertyplanning2412 2 жыл бұрын
Nice property, some great ideas, especially the wall in the kitchen, this will open the flat up, looking forward to seeing the refurbishment and the new look. Another great video
@moosic2i
@moosic2i Жыл бұрын
No, i dissagree, especially the wall in the kitchen. In my experience this has no effect on rentable value. Also no need for replastering, walls seem sound with no damp. Do not install usb sockets. Why replace and move radiators with no financial benefit? Extractor duct does not impinge on useable space so why remove? This a business opportunity, not a show house.
@howardlake6178
@howardlake6178 Жыл бұрын
Not sure if you can do it, but that water tank cupboard, could be turned into a great selling feature. Lower the door aperture. Fill the top bit, et voila. Walk in wardrobe. A small one. But it sounds fabulous 😂
@LA-fr7fx
@LA-fr7fx Жыл бұрын
Really good channel - Thank you 👍👍
@jordimathew5895
@jordimathew5895 Жыл бұрын
Thanks so much this is a really helpful video to learn from. 😊
@ianevans3619
@ianevans3619 2 жыл бұрын
Really good video, really enjoyed watching 👍
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Thanks!
@paulhopkins603
@paulhopkins603 2 жыл бұрын
I know someone has said nothing wrong with rads, but I'd change them all for new ones. Get a longer, slimmer one to fill the gap between the pipes in the living room. The bedroom with the fitted wardrobes....change the door around so that it opens into the room. Will give better access to the new cupboards & privacy to the room. Doors never opened the way it does at the moment, so that when the door was open, you still couldn't see in the room. I wouldn't move the light on the landing, you'll end up with dark spots. I also wouldn't do the breakfast bar. I know it's fashionable, but noise & smells from the kitchen are really annoying when you've got over the "it's so modern" feeling (they stopped doing it in the 70's for the reasons given) It's amazing how loud a 3kw fast boil kettle is when you're watching a film 😁 Completely up to you obviously, but that's my take. PS, don't tile the bottom of the stairs, fill that space with entrance coir mat. Cheaper & will save the carpet oon the stairs .
@frfr335
@frfr335 2 жыл бұрын
To everyone saying have a walk-in shower not a bath, that really wouldn't be possible. The SVP serving the bathroom is located on the left of the wall at the hall end. You can see the fall in the existing pipe from the bath where it runs behind the WHB. Sure, you could lift the whole thing and step up into a long, open-ended shower but that would look crap. An over-bath shower is definitely the way to go here for this and a few other reasons.
@squadmeta
@squadmeta 2 жыл бұрын
Nice blank canvas, good opportunity to do everything right first time, mitigate those long term maintenance costs.
@maxwalker1159
@maxwalker1159 Жыл бұрын
When you raise the staircase wall, put a glass pane in to raise the height and make it safe while not making the space feel smaller
@richardphillips3303
@richardphillips3303 2 жыл бұрын
Looking forward to seeing the end result 👍
@georgewarren800
@georgewarren800 2 жыл бұрын
Excellent! I've done many of these and also student houses (my pension). I suggest: 1. You mention "replaster" 20x!! Only do it if absolutely necessary. 2. No bath required for the rental market. Nice big shower cubicle with very heavy duty roller doors. 3. Glad you mention the hoover, mop etc. You can also consider narrowing the door to master bedroom from 30" (?) to 24". This will create a much bigger "utility" cupboard behind. 4. New heating and electrics throughout. 5. I hate to mention the dreaded (and ludicrously useless) EPC. If it's below C, then now is the time to see how you can improve it to C which will be required in 2025. This legislation has'nt yet actually passed into law but I'd bet your fleet of Range Rovers and nice number plate that our cretinous Government (of which ever Party) will get it through. 6. Any "fitted" furniture is a good idea particularly "workstations". 7. A fitted "cabin" style bed may work well in the smaller room. It can take a chest of drawers underneath and a small door to access all the remaining storage. I do this a lot in student rooms. 8. Allow for 2 rubbish bins in the kitchen. 9. No carpets anywhere. 10. "Open plan" living is no longer de rigeur so I'd leave the kitchen wall. As a whippersnapper, you can stick with it for 35 years or so and it'll then be worth a million. Yipppee! Good luck!
@jonathanbroughton5983
@jonathanbroughton5983 Жыл бұрын
Matt love your channel fella great entertainment zero BS always look forward to your next vid and I might even treat myself to some HPA merchandise for Xmas. Keep it going
@highpeakproperty
@highpeakproperty Жыл бұрын
Thanks!
@SAVING_ICONIC_MACHINES
@SAVING_ICONIC_MACHINES 2 жыл бұрын
I’d leave the rads as is and upgrade the bathroom rads and put most the money in kitchen and bathroom 🚽
@jezauty135
@jezauty135 Жыл бұрын
Interesting video, looking forward to the next update. Subbed 👍
@highpeakproperty
@highpeakproperty Жыл бұрын
Thanks for the sub!
@mikedeman5351
@mikedeman5351 2 жыл бұрын
To conceal the radiator pipes, look up 'skirting trunking for pipes'. You can use it to conceal electrics and pipes and, if you pick a good one, it just looks like a chunky skirting board. Edit: I forgot to mention that one of the advantages of skirting trunking is that, if you need to, you can take the front off to get at the wiring/piping eg to fix a leak etc.
@Timaldo8
@Timaldo8 2 жыл бұрын
Look forward to seeing the finished product. That 2nd bedroom will need to double up as a storage/laundry area I think. Like living kitchen idea which will work well.
@martiansunrise7168
@martiansunrise7168 2 жыл бұрын
Just put new doors on the existing kitchen units.
@highpeakproperty
@highpeakproperty 2 жыл бұрын
They're too old and manky
@tomatobrush3283
@tomatobrush3283 2 жыл бұрын
If you put new skirtings you could put them behind the skirtings. I wouldn't bother taking the wall down. New kitchen, new floors, new electric, new rads and boiler, done.
@robertebob3596
@robertebob3596 2 жыл бұрын
Radiators are fine but if you must replace them get same width in the living room just less hight it will match the window width better , also the bathroom wont need a bath in an upstairs flat just go with a nice large shower nobody has time to run baths these days anyway.
@facelessvaper
@facelessvaper Жыл бұрын
Took me a while to come round, but I got here👍 & yep still jel - I would guess in the future you maybe getting some funny looks by the bank staff wanting new loans and mortgages😜
@briandobson7943
@briandobson7943 2 жыл бұрын
You might want to check you need permision from freeholder to knock kitchen wall out, great video
@waynehill9198
@waynehill9198 2 жыл бұрын
Looks great Matt, will look forward to see the finished project
@itsalwaysfunnyinphiladelph8885
@itsalwaysfunnyinphiladelph8885 2 жыл бұрын
You could get the radiators blasted and powder coated. You could go matte and it would actually be hard wearing. Your bodywork guys probably point you in the right direction.
@krystalgazer5196
@krystalgazer5196 Жыл бұрын
The houses I have don't have mortgage's on um , I own um, I don't have a agency company draining me profits, and I would never dream of buyin a property that was , lease, I found it hard to say the word yuk, glad ta see yav gettn a property in wigin , gud luck lad.
@stephenlane9168
@stephenlane9168 2 жыл бұрын
Another enjoyable & watchable video Matt. Great work
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Thanks
@Rabscuttle3
@Rabscuttle3 2 жыл бұрын
Mm... Good buy, Matt - but isn't it a maisonette, rather than a flat!? As such, it offers more privacy and security. Are you sure it's 1980's and not 70's?Make sure you check what consumer unit you need to change to - round my way, they want a metal box to comply with building regs, but add to the probably minimal insulation in the roof which won't cost you much, but will improve your epc rating, as will the new boiler. That extractor fan boxing in the 2nd bedroom might yield the opportunity of fitting down-lights over the bed area, which will look very smart! I found myself wanting to lower the cill of the living room window, so as to expand the garden view - currently, it deprives the resident of more light and better aspect, but I appreciate that would raise your budget. You should do well with this investment! 🤞
@zdendaderman5253
@zdendaderman5253 2 жыл бұрын
Nice little project you've got there Matt. Despite the property market and interest rates changes you're onto a winner here. Good luck with that 👍
@highpeakproperty
@highpeakproperty 2 жыл бұрын
Thanks! I think so
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