Join me as I embark on an exciting property renovation project, transforming a 3 bed semi into a stunning masterpiece. Whether you’re a DIY enthusiast, a homeowner seeking inspiration, or simply curious about the world of property renovations, this before and after renovation video is for you.
Witness the remarkable transformation as we breathe new life into this tired property!
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Links for the items used to make this video:
📱iPhone
📱iPhone case
💡Desk light
💡Light stand
💡Govee bulb
📷Sony camera
📷Camera gimbal
🎤Rode microphone
🖥️ Monitor
🎧Headphones
This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Thank you for your support.
Hey 🖐:
I’m Scott, a UK-based Tech Recruiter & part-time property developer based in the UK. I’m here to share my knowledge.
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Want to know how much this cost? check out this video on the cost breakdown: https://youtu.be/TXp3UwUaEFE?si=tSQGpxOSyLaqtJvX
Be careful of that kitchen and bathroom flooring. They could be asbestos tiles.
Don't pay your contractors up front in full until the snagging is done. If they break something or the work isn't up to standard, you then have options.
Nice if you have the cash. Need tto include interest whilst contracts go through ans utilities. Nice job 👏
What was the jaw dropping element looked like a light refurb if i am honest.
Awesome. I am looking into doing my own reno. Do you have a video on tips and tricks? Would be grateful to hear some of your best. Thanks.
Decent, nice.
Are you not hit with CGT when you sell so quickly??? Capital Gains Tax is, in Australia, a tax charged on the profit made if you have not personally lived in the property for 12 months before selling it. It can also be applied to other assets that make a profit but given the RE Market is in overdrive here the profit can be pretty high. You declare the profit on your Tax return and the amount of Tax is calculated by the ATO (Australian Tax Office).
I suppose it would have broken the bank to install a light fixture in place of the bare bulb hanging from the ceiling in the bedroom. Where else did you cut corners?
The kitchen has great light, love it
I am a FTB and wanted to know if the stamp duty is for additional property. Also please give a breakdown of the fees and charges. Great video, thank you
Looks good. Glad you kept the original fireplace, it has an art deco vibe.
good video… subscribed! i am at 203 myself!
#TinOfWhitePaint…..
👍If you liked this, Then you'll love this Tiny House Tour I did: https://www.youtube.com/watch?v=jwonCc2ljxA&t=2s
You did amazing
Please keep that fire place 😮
Solid transformation in that time frame bro!
You really think a 3 week freshen-up would add £40k to the value?! You wouldn’t even be able to achieve that amount of profit with a loft conversion 😂
Great job Scott and great vid. Really interested in following some of your projects. Love the no BS, simple, honest approach, cheers.
Great video! Sadly 😢 the audio doesn't match the video quality please use a Bluetooth mic in your future videos sounds really bad on TV sadly. Hope you spend some time in future videos to pop by and take some footage of the renovation
Hi Scott, very nice video! Any update on this property? Did it sell? 🙂
Sorry Scott you lost me. You’re in for £202,000 with purchase costs and interest. You then spent almost £20,000 renovating so the property owes you £222,000. You’ll have exist costs like solicitors and agents fees. At 250k you’ll make 20-25,000 and depending on whether you bought it within a limited company or in your own name, corporation tax plus dividend tax or personal tax. A sale at 250,000 is not a 38,000 to 40,000.
Hi Scott. Did you had to get different contractors for different repairs eg electrician , plumber, roofer? Or did you give the entire repair job to one contract!
what builders or contractors did you use . i am wanting to start investing in property tho i dont know if i should go with a main builder or get people for specific jobs and om most of the work my self
You didn't deduct capital gains tax on yr profit margin