A couple who were living in Scotland ended up moving to Stoke-on-Trent to renovate a house they bought at auction.
Rob and Ali bought a bungalow in Hanley for £88,000 as part of a portfolio of properties they were hoping to fix up to sell on – but ended up moving to the city to complete the work.
Rob, originally from Stoke-on-Trent, gave up his job as a customer service advisor, while Ali, a writer, was hoping to build up the portfolio to enable the couple with two grown-up sons realise their dream of setting up a yurt business in the countryside.
The couple – who appeared on today’s episode of Homes Under the Hammer – had a budget of £12,000 and planned on finishing the renovations within six months.
However, all didn’t go to plan as Rob injured his back and so the work took a little longer than anticipated.
Rob said: “It took us eight months as I trapped a nerve in my back whilst doing the flooring in the kitchen. but we learnt tiling, bricklaying and painting – we just got better as we were learning.”
As well as replacing the kitchen and bathroom, the couple also block paved the steep driveway and replaced windows in the house, including at the back of the property with patio doors.
They also cleared the back garden.
The work took eight months – and the couple exceeded their budget by spending a total of £20,000.
However, estate agents who later visited the house said the couple had completed the work ‘to a high standard’ and valued the house at £130,000.
And that meant the couple made a pre-tax profit of £22,000 minus taxes and fees.