Terrace house conversion from 2 bedrooms to 3
Hindley, Lancashire (Castle Hill Road)
The Situation
The vendor had inherited the property from their late father but struggled to sell. The house was dated, lacked modern appeal, and after eight months on the market with several viewings, it remained unsold.
The Process
We agreed an assisted sale, guaranteeing the vendor £75,000 — above the offers they had been receiving. We funded and managed the refurbishments, including a full redecoration, a new kitchen, an updated bathroom, the creation of a third bedroom, and improvements to the front garden to boost kerb appeal. Once sold, any uplift above £75,000 (minus costs) became our profit.
The Outcome
The property sold successfully, the vendor secured their guaranteed price, and they used the funds to renovate their own home and enjoy a well-deserved family holiday.
Project Results
Before
- Listing price - £75,000
- Price achieved: Unsold
- Viewings: 31
- Competing Bidders - 0
- Time on market - 8 months
- Renovation time - N/A
- Conveyancing time - N/A
After
- Listing price - £125,000
- Price achieved £125,000
- Viewings: 6
- Competing Bidders - 3
- Time on market - 6 Days
- Renovation time - 3 months
- Conveyancing time - 3 months