Estimating Refurb Costs Like a Pro on Property Visits

So useful – thanks so much.

Many BRRR properties I see have understandably terrible EPC performance. It would be really useful to have some ballpark figures for insulation costs, or other costs associated with EPC performance – although perhaps it's not a priority in the BRRR space? Am interested either way! (Like, for example, would you ever consider air source heat pumps instead of boilers, or is that technology just too far away and unproven at the mo?)

Thanks, though – great content

A price list and totals per property would be great

Mate I’m a builder and the prices your quoting is a fairy tale where in the blue hell are you getting these cheap slave labour prices from they don’t exist

Do you not install insulated plasterboard on the external walls to help achieve a C on the EPC?

how much did the property cost maybe you can start with that

I'd agree on most of the pricing, some are a bit on the low side. but the plastering price is way off in my experience. It does depend on a lot but just skimming alone for a whole 2 bed house including ceilings in North West is going to cost £4k minimum

Amazing video ❤

How much did you end up spending on the house in Coppull?

Why wouldn't you check out Wren? They are cheaper than wicks and have a better design service than DIY?

quality is great aswell! 👍🏻

fancy doing your refurbs and surface mounting the plumbing rad pipes at 17:40 between the 2 rads, when it would only have took 10 mins to hide them behind the skirting board, not the best work at all

just list the prices

Hi Justin, with Howdens, they came out to my property and did some high tech scan of the kitchen and laid out everything in 3D on the laptop. Does DIY kitchens do similar? How will i know what to order otherwise

Great vid, thanks for the info!

Hi Justin! I am a graduate development land surveyor in the south east of England if you ever want to get involved in new build developments or something along those lines I am more than happy to help! I love your videos and am saving money to put down on my first property soon.

excellently explained the whole process, the associated costs and the process breakdown, LOVED IT! subscribed and liked! please keep posting different projects!

if you dont mind: who the hell stops you to put a table in the kitchen… and a cubboard? hmmm? the huy who designed a midget kitchen…..

Love it these videos are so helpful. I would only add – good design is FREE if you put some thought into layout esp kitchen. That small one with the sink jammed into corner could have been so much better and improve function.

Killing it! Content on content…

Christ rewire prices seem very low

Very realistic pricing Justin.! Quotes can be soooo varied but experience & knowledge are key..!! Thanks.

Great content , thanks!

Great video

Cheaper than 3k????
Here's a price from an electrician…

For bare shell installations, that is no chasing required all plaster removed with exposed brick & beams.
For a standard semi, small detatched property or apartment.

I'd charge 1k flat rate plus additional 1k each bedroom, garage, utility, media room, or outbuilding.

For this spec you would get a new fuseboard with up to:
2 lighting circuits
3 socket circuits
1 smoke alarm circuit (inc. 2 detectors)
1 cooker circuit
1 shower circuit

All with standard white accessories.

This property would cost 4k minimum!!!
Anything else is extra.

I want to do this but am left guessing on costs

Thank you for taking the time to put together such an interesting and helpful video. I feel it is likely accurate for the north, but on average would be roughly double these prices in the south.

Why is every bloody house in the UK riddled with damp these days. It's basically 50/50

Do you use LNPG with Magnet for kitchens ? I've tried to beat it but never can.

Thank you for taking the time to put this comprehensive refurb cost guide together Justin – I’ve been trying to find something like this for ages. Living in London, I know these costs for my flat are going to be somewhat more expensive than where you are, but it does give me a balanced idea of where my costs are going to be heading, so Cheers!

London labour price is double up north.

So you're saying you could buy a bathroom suite for £750 and get it fitted for £1000, all in £1750. You are either living in cuckoo land or the 1980's. Why are you telling people things that are ridiculously untrue. B&Q would charge you £7000 fitted and that's the bottom of the market. I've done it, in the North in the South, you're figures are fantasy

Hearing you talk about L13 has got me wondering what your thoughts on L9 are? Orrell Park, Aintree and Fazakerley

Hi, can I ask what you would consider to be a healthy loan to value across all your properties?

How much did you charge the client for managing the refurb ?

Hi Justin, have you heard about LNPG?

Great video. Why so expensive to paint just the front? Does it require a special kind of paint? Or several layers? Thanks!

Really bodged the job at blurring that logo

Another great video Justin, it's information like this which is so valuable!
You mentioned damp (I'm assuming rising damp) behind the panelling in the first property. What's an average cost to rectify this?

Hi Justin, a very informative, impressive, intelligent, important, incisive and personally for me both inspirational and insightful and thank you for sharing

Great video, well done!

Thanks, Justin. Brilliant video. I always struggle when estimating refurb costs when looking at properties as I've never done one myself – the number magically alays ends up being 30k + as I try to be very conservative 😅 I want to learn more about the process and tips and tricks for refurbs, can you recommend any books or blogs or videos that I can learn from? 😄

Great video. I am looking for properties in Liverpool at the moment.

is this prise are including VAT or just cash?

This is the sort of fantastic content newbies really need to see. I wish I had this when I started out. When I bought my first BTL in 2017 I genuinely didn't have any real idea what the refurb would cost. Thought it would cost about £10k ended up costing nearly £30k.

My Mentor !!!! Glad to part of your team 💯💯💯

Great video Justin and came at a perfect time for me! Learning so much from you 😊