Episode 1 Homes Under the Hammer


Episode 1

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Transcript


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Hello and welcome to Homes Under The Hammer.

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Now, for many people going to auction gives a chance

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to buy properties that are in need of a bit of work.

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That's right. People really like to put their own stamp and style

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on their property, and hopefully make a bit of profit along the way.

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And buying at auction could give you the opportunity to do just that.

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We love the buzz and the excitement of the auction room,

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because you can really sense the frustration and hope in the air.

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Yes, and you never know how it's going to go until the final second.

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So let's see what tempted our buyers on today's show.

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We revisit Bristol to see if anyone

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got permission to change these former public loos.

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Of course, if they don't get planning permission, all their money could disappear down the pan.

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In Burnley, this mid-terrace has been turned upside down

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by thieves who stopped at nothing.

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There's no floor! Gone! Bye-bye! History.

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And the prospect of renovating this former Baptist Church in Mid Glamorgan

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leaves me weak at the knees.

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I always get a tingle of excitement coming into a place like this.

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All these properties have been sold at auction.

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We find out who bought them and what they paid for them

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when they went Under The Hammer.

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It's yours, sir. Thank you.

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We're in Bristol to visit a property that caused a bit of a stink

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when I first saw it, way back in March 2005.

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The auction guide price was an earth-shatteringly low £3,000.

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So I was desperate to find out more.

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This city does have some stunning architecture.

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The Clifton Suspension Bridge, the Wills Memorial,

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some beautiful Georgian terraces, fantastic houses.

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So coming up for auction is this...

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# Flash!

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# A-ah! #

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It's a public toilet.

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But is it a flash in the pan?

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Well, this waterworks

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and the tiny piece of land it sits on under the bridge

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isn't quite the sumptuous property I was hoping for.

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But it's up for auction.

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I don't know. I guess we should have some fun with this.

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Let's see how many puns about toilets I can get into one report.

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Well, I suppose I'm going to have to be SYSTEMATIC

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about how I go about it.

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I guess it's a CONVENIENT location.

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Whoever buys it, will they be "clean around the bend"?

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And will they have to spend a "pretty penny" on it?

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Four, not bad for a start.

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Let's take a look inside.

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I reckon we could really "loos" ourselves with this one.

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First off, it's an old block, probably built in the early '30s.

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Like all good toilets, there are two sides, a ladies and a gents.

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A quick walk round to the side and you're in.

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Well, it's certainly an ENGAGING project.

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I'm not sure it's one that URINAL take on.

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What do you reckon?

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I DUNNY know.

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With a guide price of just £3,000,

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this lot could really wipe the floor with others I've seen in the past.

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But it doesn't have planning permission to be anything other

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than a public toilet, and that's why the person who buys this at auction

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is taking one heck of a gamble and will just have to go with the flow.

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So do you think I'm plumbing the depths? Heck, no. I'm on a roll.

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So, are you bowled over by the possibilities?

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Are you flushed with excitement?

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Or just scared s...stupid.

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One thing you've got to remember, at least you are buying at auction,

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so you won't find yourself in a chain.

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Joking aside, this block is an interesting lot

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and it could become anything.

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Someone might want to use it for storage, or perhaps as a boathouse,

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or maybe turn it into a shop.

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Or, if they're really ambitious,

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they might want to try their luck and turn it into a residential unit.

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Any change of use will inevitably require many,

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and possibly lengthy, dealings with the planning department,

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but keep your fingers and toes crossed

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and you could be sitting on a bit of a winner here.

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So maybe this isn't such a daft thing to buy after all.

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If the purchaser could get planning permission

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then they could well expose the sweet smell of success.

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Of course, if they don't get that planning permission,

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all their money could disappear down the pan.

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TOILET FLUSH

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Not bad. Let's go to the auction.

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Lot Two, former public toilets at Sea Mills Lane in Sea Mills.

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A single-storey building. Suitable for other uses, other than toilets.

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Workshop, storage, we've had a variety of ideas for this.

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The guide is £3,000. Somebody start me at £3,000. Do I see £3,000?

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Two, then? £2,000 I will take. £2,000, thank you. Two, I have.

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Three, I am looking for.

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£3,000, thank you. Three, I have. Four now? Four.

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£4,000, thank you. Four, I have. Five?

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Four I have, five I'm looking for. Five, thank you. Six? Six.

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Seven? Eight? Eight. Nine? Ten?

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Want to make it 12 so we can go a bit faster?

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11, all right. Just a thought.

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No. 11, I have.

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Are we done at £11,000? 12. 13.

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The bid is against you now, sir. 14?

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15?

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16?

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I'd like to go a bit higher, but there you go.

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16? 17?

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18?

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It's still cheap. Very cheap.

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At £17,000.

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For the first time,

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for the second time,

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at £17,000, for the third and last time.

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Sold to you, sir.

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The successful bidder, who paid £17,000, is Coley.

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He paid well over the guide price for this loo under the bridge.

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He's a barber by trade, so is used to grooming.

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But will this toilet water be heaven sent?

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-So, Coley, very nice to meet you.

-Nice to meet you.

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I have been so intrigued to know who would buy this place.

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-You've bought a toilet.

-You can say that at the moment.

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At the moment it is a toilet, but, hopefully, with the help of planners

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and a good architect, we could come up with something attractive here.

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-So have you seen the internal features?

-No, not at all.

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First time I've got the keys today.

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You haven't used the toilet?

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I haven't had a chance to use them, I'm hoping to bless them.

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Well, that is sounding dreadful!

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-Should we go and look inside?

-Let's go and have a look.

-OK, come on then.

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Well, it's got unusual kerb appeal.

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I just hope Coley won't be disappointed,

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first impressions are so important.

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Oh dear.

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Not going to get much use of this as it is, am I?

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I was hoping to find something attractive that I could keep and...

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Like what?

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Some old ornaments that some guy left when he built the thing.

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-Can we go outside and talk some more?

-I think so. Good idea.

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So, listen, tell me a bit about you.

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What kind of a person buys a loo?

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Well, I've always been involved in property, as in buying it,

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doing it up, mainly letting.

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I was looking for a smaller investment,

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which didn't involve such capital.

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This came along with the right price, right location.

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A Brownfield site, so potential for planning.

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And it's something that I'd like to get into a bit more now,

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the development side, rather than the buying, doing up and rent.

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So when you saw this

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in the auction catalogue, what was your first reaction?

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I knew the area quite well

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and I felt as though a residential dwelling here

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would go well with the planners.

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Then the guide price was very good, and so then it was just a case

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of going to the auction and seeing if it would go for the right price.

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The loo was guided at £3,000,

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but Coley paid over five times that at 17,000.

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It could prove to be a major gamble because there's one minor problem that hasn't been solved.

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To get things clear, it doesn't have planning permission yet, does it?

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That's right, yes. I've spoken to the local council

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and they are in favour of some kind of development,

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as long as it's in keeping with the area.

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My biggest challenge is it's going to be that it's in a conservation area,

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so I'm going to have to be careful how I plan it and develop this build

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-so that it's in keeping with them.

-So it's actually quite a large plot.

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Yes, I'm thinking two one-bed flats,

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but possibly even a three-bed house, almost.

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That is very ambitious.

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Although the plot of land is quite a good size,

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any building wouldn't be able to go right to the boundary

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and I suspect it would need to fit in

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with the appearance of the bridge.

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So in terms of specific plans, do you have any so far?

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I am going to go with the eco-friendly type build,

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and try and help the environment

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by making it look attractive as well as being environmentally friendly.

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The ground floor would be the same material as the bridge here,

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which is a stone type face.

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The second floor would be timber cladding,

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which would then blend in with the greenery around here,

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and the roof would be a ski slope type roof, to match the wall.

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-In a sense, it would blend into the corner.

-What did your friends say?

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-Have you told them yet?

-Yes, I've told them!

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The funny thing is my brother bought one last year,

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-and done the same thing.

-Your brother bought one?

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Yes, so they're saying it's in the family now!

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Coley really has got the bug, but is he "round the bend"?

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Well, there's two more in auction this month

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and if they're for the right price, I might go for another one.

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-So you'll end up with a whole chain of them.

-A whole chain of loos, yeah!

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Well, that was in March 2005.

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But when we returned to Bristol three months later

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there had been very little movement.

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We discovered that Coley's ambitious plans for the former public toilet

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had got a bit bogged down.

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Well, originally the idea was to demolish the building and rebuild a new building.

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The planning department would rather see me extend what's currently there.

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I am planning to go up a floor, so double the size.

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Keep the current footprint, but increase the internal side of it.

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Despite the former loos being in a conservation area

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and the proximity to the water requiring him

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to produce a flood risk assessment, Coley was undeterred.

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With a helping hand from his architect,

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he put in motion a revised plan.

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He's come out with some really good ideas.

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We're going to put a balcony on the top floor,

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and make the top floor our living area.

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The balcony also helps as a means of escape

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because this is a flood risk area.

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But it also became clear that Coley wasn't averse to making a quick profit on the loos as they stood.

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I've had four offers since I bought it.

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The best one is around the £30,000 mark, which I am tempted to do.

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I could walk away with a profit of around £13,000-£14,000

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without actually doing any work to it

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and it's not cost me more than £500 so far.

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And that was the route that Coley finally decided upon.

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He accepted an offer of £28,000,

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which gave him a pre-tax profit of around £10,500.

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Not bad for a few months sitting on the loo.

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But over six years on,

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what has become of these former public toilets?

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You can find out later in the show.

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Today, I am 40 minutes north of Manchester,

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in the old mill town of Burnley, Lancashire.

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In its heyday, it was one of the largest producers of cotton cloth

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in the world.

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# If I came back to the land of cotton

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# Would you love just me? #

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Victorian terraced houses built for the foundry and mill workers

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still make up a large proportion of the town's housing stock.

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And just walking distance from the hospital,

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and a short bus ride from the uni,

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is the property I'm here to see today.

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It's a two-bedroom mid-terrace,

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at the incredibly low guide price of £10,000-£15,000.

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Surely this is going to be a bargain.

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But look at the security shutters.

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Not exactly welcoming.

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Time for a thorough examination, excuse me.

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Get a load of that!

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There's the front door, there's the window.

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I mean, nothing prepares you for the state of this room.

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I don't know what it is, there's loads of old stone.

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I don't know what all this stuff is.

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Look, there's just so much rubbish. You need to get a skip,

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you need to clear this lot out before you can even see this room.

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Once you've done that, my guess is it's a good size.

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You've got central heating, it's a good space.

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I'm just wondering what all that rubbish over there is.

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I need to have a look.

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This is why there is piles of stone in this corner. Look at this!

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There's no floor! Gone. Bye-bye! History!

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Some naughty little person has been in here

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and scarpered with the original York stone flooring

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that these houses are so famous for having in their living areas.

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What a travesty!

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Now I know that York stone is a very expensive material to use,

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and it's a top end desirable stone.

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Look at this!

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Whoever takes this on will need to take the rest of this up,

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lay down a damp proof membrane and then concrete over

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before choosing their carpet or their laminate flooring.

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But this is a big old job and not a cheap one.

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Let's hope the new owners view this property first,

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otherwise, it's going to be a huge shock to walk into this.

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# You have stolen my heart. #

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But if you look beyond the piles of rubble that used to be the floors,

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the property does have two decent sized reception rooms.

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And although the kitchen's on the small side,

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some new units will make it a perfectly serviceable space.

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'The state of this place makes me wonder what surprises

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'lie in wait for me on the first floor.'

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Upstairs, it's not in bad shape. It feels really solid.

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You've got a good-sized room there.

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Second bedroom there. Then...

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The bathroom! Look at it! It's in a right, old state.

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Very similar to what's going on downstairs.

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That toilet belongs on that wall. That bath should be over there.

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My guess is, somebody's been in, ripped up the floorboards

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because of the copper piping underneath.

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Again, that's quite valuable.

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Whoever takes this on needs to think about this bathroom.

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A bit of money needs to be spent in here,

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but I will say one thing, it's good to see the bathroom upstairs.

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# Upside working

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# Downside hurting

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# Hear my echo

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# Dancing bear. #

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'The upside of the upstairs is that it all looks easily sortable.

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'At the back of the property, it's much the same,

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'the mess needs clearing and the roof looks OK.

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'But those windows and doors are sure to need a bit of attention.'

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'We asked a local estate agent for his views on this two-bed terrace,

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'which went to auction with a guide price of ten to 15,000.'

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In all honesty, in my job,

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you see properties like this on a day-to-day basis.

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I don't think for somebody who's got their head screwed on

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it's that big a task to actually get it sorted out.

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Obviously, on the face of it, it requires some updating,

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some works to it in order to make it habitable,

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owing to what looks like a property which has been empty for some time, I would say.

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'If you sort out those flaws and get the place up to scratch,

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'what could the property be worth on today's market?'

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I think in the current market,

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with the levels of demand that there are out there, for this kind of property,

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you'd look at it being as a maximum in the region of 35 to £40,000.

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'What kind of figure could it rent out for?'

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There's certainly a demand there now for rental properties in the area.

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I would think you could look somewhere around £300 to £325 per calendar month.

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A huge amount of work to be done to this neglected,

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old terraced house to bring it back to life!

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But what about that price, ten to £15,000. What a bargain!

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Let's see who was tempted when it went under the hammer.

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Lot 162 is a mid-terraced house in need of renovation.

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£5,000, somebody start me at 5,000?

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5,000, I've got here. Six, here.

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Seven, I've got. Eight, nine,

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ten, £11,000, I've got. 12,000 here.

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13, got it. 14? Yes. 15?

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14,500? 15? 15,500 on my left.

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16. And a half?

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Yes. 17. And a half?

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18. 18,500?

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19. 19 I've got. And a half?

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Got it.

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20,000. 20,500? No?

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20,500, 21? No.

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20,500, first time.

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Second time, are we all done now?

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Third and final time? Yes, we are.

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Well done, sir, your paddle number, please.

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'Raising his paddle to confirm that successful bid of £20,500

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'was property developer, Patrick.

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'He bought the house with his friend, self-employed joiner, Paul.'

0:18:400:18:43

MUSIC: The A-Team theme tune

0:18:430:18:45

'They're both from Leeds and already own three properties together.

0:18:490:18:52

'Will they be the A-Team to take this one on?

0:18:520:18:55

'And, will their plan come together?'

0:18:550:18:57

Patrick and Paul, it's fabulous meeting you today.

0:19:020:19:06

Boys, are they smiles on your faces, or not?

0:19:060:19:09

Well...

0:19:090:19:11

Because I know you haven't viewed this property

0:19:110:19:13

and today is the first time you've ever seen it?

0:19:130:19:16

Yes. That's right. We came in today, yes.

0:19:160:19:18

We got the shutters off and we came through the door today and we were in shock.

0:19:180:19:22

-Why were you in shock?

-Well...

0:19:220:19:24

I think we've had the thieves in and the Yorkshire stone had been taken

0:19:240:19:28

and, you know, it was a mess, really.

0:19:280:19:30

I mean, quite a lot of surface debris but you can get past that.

0:19:300:19:34

Oh, yeah, no problem.

0:19:340:19:37

-But this is not what you expect to see.

-No, no.

-Not at all.

0:19:370:19:40

You guys have got a lot of work putting this back together again.

0:19:400:19:43

-That's right, yeah.

-That's added to your budget, hasn't it?

-It has, yes.

0:19:430:19:46

It may have paid for you to have looked up the property prior to the auction.

0:19:460:19:50

Without a doubt, yeah.

0:19:500:19:51

-I think if we had looked, definitely we would have left it.

-Yeah.

0:19:510:19:54

I've said it before, but what these guys have just said really

0:19:540:19:59

hammers home that buying blind is a very risky business.

0:19:590:20:02

You just never know whether that risk is going to pay off,

0:20:020:20:05

or leave you ruing the day.

0:20:050:20:09

# Think for a minute

0:20:090:20:12

# Stop for a minute. #

0:20:120:20:16

Paul and Patrick went to the auction to bid on a commercial property

0:20:170:20:20

but when they didn't bag that one, they made a slightly dangerous decision.

0:20:200:20:25

Why were you getting desperate?

0:20:260:20:29

I always say, nobody should ever feel desperate in an auction situation

0:20:290:20:32

-because that's when you spend too much money.

-We just wanted to spend some money.

0:20:320:20:35

Yeah, that's right.

0:20:350:20:36

-Was it burning a hole in your pocket?

-It was.

0:20:360:20:38

The problem is, usually if you go to some of the auctions they last for an hour, maybe two.

0:20:380:20:43

This, because we'd been there four-and-a-half hours,

0:20:430:20:45

we felt like we wanted to get something out of the day, which was not a good way to buy.

0:20:450:20:49

Why did you decide this one would be a good one to bid for?

0:20:490:20:51

We didn't actually decide anything, we just took a chance on it.

0:20:510:20:55

Patrick, he's right in what he's saying.

0:20:550:20:58

For that amount of money, we thought it was a back-to-back

0:20:580:21:03

and it happened to be a through terrace.

0:21:030:21:06

I know it's in a bit of disrepair

0:21:060:21:08

but it's nothing we can't knock into shape between us.

0:21:080:21:11

It is, actually, not bad condition.

0:21:110:21:13

I mean, the walls look painted,

0:21:130:21:15

everything is looking shiny, apart from the mess and the floor.

0:21:150:21:19

What are you guys going to do to turn it around?

0:21:190:21:22

We'll get this floor done, but a damp proof membrane,

0:21:220:21:25

screed the floor,

0:21:250:21:27

then paint it throughout.

0:21:270:21:29

Just put new carpet all the way through, where necessary.

0:21:290:21:32

A few kitchen units.

0:21:320:21:34

It needs a new front and back door and, whatever else is required.

0:21:340:21:38

The bathroom suite wants sorting out.

0:21:380:21:41

We'll take it from there and see what happens.

0:21:410:21:43

So, boys, budget, have you made the list?

0:21:430:21:45

How much will you need to spend to rectify this?

0:21:450:21:48

5,000.

0:21:490:21:50

What?! £5,000 -

0:21:500:21:52

kitchen, bathroom, stone, copper piping, £5,000?

0:21:520:21:56

Definitely under five, no problem.

0:21:560:21:58

Patrick, you're very confident.

0:21:580:22:00

-So you think you can do this for under five grand?

-Definitely, under five.

0:22:000:22:03

What is your secret?

0:22:030:22:04

The secret is, we're going to use the existing products in the bathroom.

0:22:040:22:09

We're going to put a new kitchen in it and then paint it throughout.

0:22:090:22:12

I mean, a lot of it is superficial, really. Is not as bad as it looks.

0:22:120:22:15

When we get it cleared out it will definitely be under five.

0:22:150:22:18

'Ambitious as it may sound,

0:22:180:22:21

'Paul and Patrick are determined to stick to that budget.

0:22:210:22:24

'Having paid £20,500 for the property,

0:22:240:22:27

'they need to if they want a healthy return.

0:22:270:22:30

'But they're no strangers to a challenge.

0:22:300:22:32

'Not only did they buy this property blind,

0:22:320:22:34

'but, as they hail from Leeds, this area is also something of a question mark.'

0:22:340:22:40

Why have you guys decided to invest in an area that you don't know,

0:22:420:22:45

is it because of the price?

0:22:450:22:47

-Yes.

-Just the price.

-Basically, yes.

0:22:470:22:49

And desperation that we weren't buying anything.

0:22:490:22:52

You definitely wanted to spend your money on that day, didn't you?

0:22:520:22:55

-We wanted to spend it on that day.

-I'm really excited to see this place turned around

0:22:550:22:59

because it can only go up.

0:22:590:23:01

At the moment is not looking too hot.

0:23:010:23:04

-Good luck.

-Thank you.

-Congratulations.

-Thank you very much.

0:23:040:23:06

Let's hope you stick to that £5,000 budget.

0:23:060:23:08

-Yeah, we'll see.

-We hope.

0:23:080:23:10

Patrick and Paul went to the auction and bought this

0:23:120:23:15

so as not to make a wasted journey -

0:23:150:23:17

money burning hole in pockets springs to mind -

0:23:170:23:20

But I think they're secretly quite disappointed

0:23:200:23:25

with the state of this place,

0:23:250:23:26

but Patrick is adamant he can turn this around for £5,000.

0:23:260:23:31

Join us later in the programme and you can see how they do.

0:23:310:23:34

'Coming up, planning permission for this Mid Glamorgan Baptist church is looking tricky.'

0:23:350:23:40

Mmm, the options are starting to narrow themselves a bit.

0:23:410:23:45

'In Burnley, Patrick and Paul remind us of that golden rule

0:23:450:23:49

'for buying property...'

0:23:490:23:51

Never, ever buy anything unseen.

0:23:510:23:55

But, first, what has become of these former public loos in Bristol,

0:23:570:24:01

now they are under new ownership?

0:24:010:24:04

Earlier in the programme, we went back to March 2005,

0:24:090:24:14

when Coley bought this former public toilet in Bristol for £17,000.

0:24:140:24:19

There was no planning permission in place for the site

0:24:190:24:23

but Coley had rather grand designs to knock the loos down and put up a two-storey building.

0:24:230:24:28

When we first returned three months later, no progress

0:24:310:24:34

had been made, as Coley's initial planning application had been knocked back.

0:24:340:24:39

His architect was wading through the red tape, associated

0:24:390:24:42

with the plot being in a conservation area and a flood risk area.

0:24:420:24:47

Before any revised plans were submitted, Coley decided

0:24:470:24:50

to sell the property on and pocketed a tidy profit of around £10,500.

0:24:500:24:55

Well, that was back in 2005.

0:24:580:25:00

Since that time, the property market is very different

0:25:000:25:03

and the former public toilet has had three different owners.

0:25:030:25:07

It's been a long, drawn out process with the planning issues,

0:25:070:25:11

the moving of a gas main

0:25:110:25:13

and the requirement of a archaeological report into possible Roman remains.

0:25:130:25:18

So, six-and-a-half years since we first visited,

0:25:180:25:21

we're back to see if the current owner, Neil,

0:25:210:25:24

a full-time property developer who lives just outside Bristol,

0:25:240:25:28

has managed to unblock the problems of these old public toilets.

0:25:280:25:32

# Let your love flow like a mountain stream

0:25:320:25:35

# Let your love flow with the smallest of dreams

0:25:350:25:39

# And let your love show and you'll know what I mean

0:25:390:25:43

# It's the season... #

0:25:430:25:45

That's a resounding yes.

0:25:460:25:48

Sitting on the site of the former loos

0:25:480:25:52

is an upside-down, two-bed eco-friendly house.

0:25:520:25:54

On the ground floor there's a study,

0:25:540:25:57

a bathroom,

0:25:570:25:58

the second bedroom

0:25:580:26:01

and a utility room.

0:26:010:26:03

Upstairs, is the master en suite bedroom and the main living area.

0:26:050:26:10

Neil purchased the site in June 2011.

0:26:120:26:15

It may have taken a long time, and several owners,

0:26:150:26:18

but from the most unlikely of origins, something special has emerged.

0:26:180:26:23

I'm very pleased we've been able to establish

0:26:230:26:26

a very large kitchen/lounge/diner, which is very airy.

0:26:260:26:29

A superb kitchen, huge windows, to pick up on that fantastic view.

0:26:290:26:35

# I can see for miles and miles

0:26:350:26:38

# And miles and miles. #

0:26:380:26:41

When Neil purchased the site, a lot of the hard work had been done,

0:26:430:26:47

including getting that all-important planning permission.

0:26:470:26:51

The chap I bought it from had started digging.

0:26:510:26:55

He'd demolished the toilets.

0:26:550:26:57

He dug the foundations, he concreted them.

0:26:570:27:01

But, in doing so, there was a Roman archaeological survey.

0:27:010:27:05

There was a gas main going right across the site

0:27:050:27:08

and he had extra deep foundations.

0:27:080:27:11

I think, all those three things put together,

0:27:110:27:13

were a bit too much for him and he and his wife decided

0:27:130:27:16

that he wasn't helping himself, so he put it on the market.

0:27:160:27:19

So, for £69,000, Neil stepped in.

0:27:190:27:23

He bought the site and the plans

0:27:230:27:24

and spent an impressive four months finishing the project.

0:27:240:27:28

I inherited the full working drawings, which was great

0:27:290:27:32

because that was part of the preparatory work.

0:27:320:27:36

I stuck to them within a gnat's whisker, shall we say.

0:27:360:27:39

I did change the odd bit of internal element

0:27:390:27:43

because it was an improvement which could be made.

0:27:430:27:46

The property has timber cladding

0:27:460:27:48

and a special living roof which is covered in the plant, Sedum.

0:27:480:27:52

As well as giving it a unique look, this is also designed

0:27:520:27:55

to provide ecologically friendly, natural insulation.

0:27:550:27:58

The eco credentials of this place really are top-notch.

0:27:580:28:02

# It's good to touch

0:28:030:28:06

# The green, green grass of home. #

0:28:060:28:11

I've tried to keep the house as eco-friendly as possible.

0:28:130:28:17

The house has been insulated massively.

0:28:170:28:20

The whole house has been soundproofed

0:28:200:28:23

to ensure there is no noise from any traffic.

0:28:230:28:27

For example, all the timber has been sourced from sustainable sources.

0:28:290:28:33

Neil's done all of this work with a view to selling the house on.

0:28:330:28:37

In fact, I imagine he's spent a pretty penny on the former loos.

0:28:370:28:41

The cost of this building has been unusually high

0:28:430:28:48

because of the nature of the quality of the materials

0:28:480:28:51

that have gone into it, the insulation, the eco-side

0:28:510:28:55

and the general finish.

0:28:550:28:56

Overall, we've paid, including the cost of the land, just over £200,000.

0:28:560:29:01

Well, in for a penny, in for a pound.

0:29:010:29:04

There's no doubt this is now a unique property.

0:29:040:29:07

How do you start putting a value on it?

0:29:070:29:11

I wish I knew how much this would sell for

0:29:130:29:15

because I would then know what to put it on the market at.

0:29:150:29:20

Because there is no comparison,

0:29:200:29:22

it will only be worth what somebody is willing to pay for it.

0:29:220:29:25

'We asked two local property experts

0:29:260:29:29

'to share their thoughts on this one-off eco-house.'

0:29:290:29:32

I think what the developer has produced is absolutely fantastic.

0:29:320:29:36

The difference in the look of the street.

0:29:360:29:38

Obviously, the toilet before was very unattractive

0:29:380:29:42

and this contemporary property that's here now, is superb.

0:29:420:29:45

The developer has done a great job, it's a very unique site.

0:29:450:29:48

I think it needed something just as unique to go here.

0:29:480:29:50

Something contemporary like this fits well.

0:29:500:29:52

I really like the views.

0:29:520:29:55

I love the feel that you're almost in the countryside here,

0:29:550:29:57

yet only a ten-minute drive away from the centre of Bristol.

0:29:570:30:00

'Do they have a sense of what kind of rental the property might attract?'

0:30:020:30:06

I think the house would rent well, especially given its location

0:30:060:30:09

close to the train station and commuting links.

0:30:090:30:11

I would hope to achieve circa £750 per calendar month.

0:30:110:30:15

I would estimate this property is likely to rent for something

0:30:150:30:17

in the region of £750 per calendar month.

0:30:170:30:20

I'm not tempted at all because this isn't really...

0:30:200:30:23

My intention was to sell it

0:30:230:30:25

because I need to turn my money over to do the next project.

0:30:250:30:29

'What about putting a resale value on the house.

0:30:310:30:34

'This may be one where they have to go with their gut.'

0:30:340:30:37

It's an unusual property. There isn't anything like this in this area.

0:30:370:30:41

I would expect, on the open market, to achieve between 180 to 190,000.

0:30:410:30:46

My gut feeling on the value is likely to sell

0:30:460:30:48

somewhere in the region of 180 to £185,000.

0:30:480:30:51

'Well, those resell valuations would see Neil making a loss

0:30:540:30:58

'of around £20,000 on the property.

0:30:580:31:00

'Does that come as a surprise to him?'

0:31:000:31:02

I don't see how they can compare the prices of this

0:31:040:31:08

with anything in the area.

0:31:080:31:09

Nothing surprises me

0:31:090:31:12

because it will only be worth what somebody will pay for it.

0:31:120:31:16

'Neil has had a third valuation from a different estate agent

0:31:170:31:20

'of between 250 and £280,000,

0:31:200:31:24

'which just goes to show you how even property experts find it hard

0:31:240:31:28

'to put a value on something so unusual.

0:31:280:31:31

'How has Neil enjoyed the project?'

0:31:310:31:33

I think it's been a fantastic project.

0:31:330:31:37

I'm looking forward to selling it to somebody, somebody who will enjoy

0:31:370:31:40

a fantastic house, with a beautiful view, superb communications

0:31:400:31:45

and be living in something that has been built

0:31:450:31:49

with an eco-friendly stance.

0:31:490:31:52

I'm in the village of Abercynon in South Wales.

0:31:580:32:01

Since the mines closed down in the 1980s,

0:32:010:32:03

this has been a commuter place,

0:32:030:32:05

easy access to Cardiff and the M4.

0:32:050:32:07

It may not have too much work at the moment

0:32:070:32:10

but if you're after scenery, it's just the place.

0:32:100:32:13

There's a good range of local shops in the village and transport

0:32:150:32:18

is pretty good as there are two railway stations close by.

0:32:180:32:21

Well, terraced houses like this are very typical of the area

0:32:240:32:28

and the property I'm here to see isn't one of them.

0:32:280:32:32

With a guide price of £18,000...

0:32:320:32:36

up for grabs was this former chapel.

0:32:360:32:40

# When you call my name

0:32:420:32:44

# It's like a little prayer

0:32:440:32:46

# I'm down on my knees

0:32:460:32:48

# I want to take you there... #

0:32:480:32:50

'It was built in 1905 while the area

0:32:500:32:53

'at the back was formerly a 17th century chapel.

0:32:530:32:57

'It seems to have stood the test of time

0:32:570:32:59

'but access into the building isn't great.

0:32:590:33:02

'These two rather steep sets of steps are the only way in

0:33:020:33:06

'and that could be a stumbling block for any potential buyer.'

0:33:060:33:10

I always get a tingle of excitement coming into a place like this.

0:33:120:33:15

You never know quite what you're going to find.

0:33:150:33:18

More often than not, old chapels like this are in a pretty bad state.

0:33:180:33:23

But not in this instance!

0:33:250:33:27

Absolutely wonderful, look at this.

0:33:270:33:31

It doesn't look, on the face of it, like it's had too much,

0:33:310:33:34

I don't know, water ingress or other stuff going on.

0:33:340:33:38

It doesn't smell too damp. It's a good start.

0:33:380:33:41

There's some floorboards up here, that'll need investigating but one huge, great space.

0:33:410:33:45

Look at that organ, absolutely fantastic. Oh!

0:33:450:33:48

Let's go and explore some more.

0:33:480:33:50

# ..Let the choir sing... #

0:33:500:33:52

'The organ is still in full working order

0:33:520:33:56

'but isn't the only eye-catching feature in here.

0:33:560:33:58

'Just look at the ornate moulded ceiling, beautiful.

0:33:580:34:03

'The situation with the floor isn't attractive.

0:34:030:34:05

'Some of the floorboards have been pulled up and it looks like there are some signs of damp.

0:34:050:34:10

'I would get those dealt with as soon as possible,

0:34:100:34:13

'as in such a large building, you don't want damp spreading.'

0:34:130:34:16

At the rear of the chapel, behind where that glorious organ is,

0:34:160:34:20

you've got this extra area, probably used as a Sunday school,

0:34:200:34:25

a function room, or whatever you want. There's loos here as well.

0:34:250:34:28

What this really says is this building is massive.

0:34:280:34:30

It goes on and on and on, doesn't it?

0:34:300:34:32

I mean, the ceiling height in here isn't quite as high

0:34:320:34:34

and yet I reckon you could probably take out that ceiling

0:34:340:34:37

and go up even more into the rafters.

0:34:370:34:40

All in all, it's a lot of property for the money.

0:34:400:34:43

# All I do each night is pray

0:34:440:34:48

# Oh, girl

0:34:480:34:49

# Hoping that I'll be a part of you again some day

0:34:490:34:52

# Oh, yeah... #

0:34:520:34:54

'With this much space, I'm sure there were several potential buyers

0:34:540:34:58

'praying they'd get their hands on this property.

0:34:580:35:02

'At the back there's a small kitchen area.

0:35:020:35:04

'Access to the balcony seating is from the entrance hall

0:35:040:35:07

'where you get a chance to take in the glory of the chapel.'

0:35:070:35:11

Now you're probably thinking, as I was when I first came in here,

0:35:110:35:14

wouldn't this make the most fantastic house,

0:35:140:35:16

or possibly convert it into flats?

0:35:160:35:19

There's an interesting moneymaking idea.

0:35:190:35:21

The problem is, I don't think you'd get planning permission,

0:35:210:35:23

partly because planning wouldn't like the fact there is

0:35:230:35:27

virtually no parking around here. What are your options?

0:35:270:35:31

Currently, it's got classification as non-residential institution,

0:35:310:35:35

which means you can possibly run it as a creche,

0:35:350:35:38

maybe a library or an art gallery.

0:35:380:35:40

Then you've got to check whether those facilities are needed

0:35:400:35:43

in this area and again I'm not so sure.

0:35:430:35:46

Suddenly, what seemed like a great idea...

0:35:460:35:48

Mmm, the options are starting to narrow themselves a bit.

0:35:480:35:51

'I still have faith in this place, though, it just needs right buyer

0:35:540:35:58

'with a clear idea of what they want to do with it.

0:35:580:36:00

'Bearing in mind the relatively modest guide price of £18,000 for the chapel,

0:36:000:36:05

'we invited a local estate agent to give us his thoughts.'

0:36:050:36:08

First impressions is it's a very nice Baptist Chapel.

0:36:110:36:15

It obviously has suffered some problems with damp penetration

0:36:150:36:19

and wood rot.

0:36:190:36:20

It's a very nice substantial building, recently been reroofed.

0:36:200:36:24

The potential uses for this building is going to be very difficult

0:36:240:36:28

to assume, particularly because of the busy road

0:36:280:36:30

and the yellow lines and the restricted parking in the area.

0:36:300:36:34

It's really going to affect its value, depending on what use the planners will agree.

0:36:340:36:39

'How much could this place achieve on the resale market?'

0:36:400:36:44

Assuming this building was renovated

0:36:460:36:47

and was continued to be used for its existing planning use,

0:36:470:36:51

I would expect it to achieve a value in the region of £60,000.

0:36:510:36:55

'What if you decided to start a business from here?'

0:36:550:36:59

If you were able to establish a good, profitable business here,

0:36:590:37:03

I think that would add more to the value of this building than anything.

0:37:030:37:06

At the end of the day, you will be able to sell that business

0:37:060:37:09

and achieve a price of two or three times the net profit from the business.

0:37:090:37:15

On the face of it, a lot of property for the money

0:37:160:37:18

and an interesting opportunity but the more you look into it,

0:37:180:37:21

the more you realise the limitations of this place are considerable.

0:37:210:37:25

Still, maybe somebody got divine intervention

0:37:250:37:27

when it went under the hammer.

0:37:270:37:29

Here's a property that has attracted a lot of interest,

0:37:320:37:35

ladies and gentlemen.

0:37:350:37:37

What am I going to be bid for this lot number ten in your catalogue?

0:37:370:37:41

Who's got 25,000 to start me? It would be cheap at that.

0:37:410:37:45

23, then, let's get on.

0:37:450:37:46

Who's got 20? It's worth a lot more than that

0:37:460:37:49

and we've had a lot of interest in it.

0:37:490:37:52

20, thank you. At 20,000, I'm bid.

0:37:520:37:54

At 20, I'll take a half, if it helps. Half, thank you, madam. At 21,000.

0:37:540:37:59

I'll take another half. 21,500. Fill it up two, now?

0:37:590:38:02

At 21,500, I thought there would have been hands everywhere at that.

0:38:020:38:06

At £21,500...

0:38:060:38:09

Two in the back. At 22, fresh bidder.

0:38:090:38:12

At £22,000, standing in the back.

0:38:120:38:15

I'm going to sell it, make it a half.

0:38:150:38:17

22,500, thank you.

0:38:170:38:18

Three, can I ask three? 23. You're out, sir. Half, can I again?

0:38:180:38:24

Half, this is a hard way to do it in halves, isn't it?

0:38:240:38:26

Fill it up 30, for me, sir. 30, thank you, that's more like it.

0:38:260:38:29

Let's go in ones now.

0:38:290:38:31

31, thank you, sir. That's better at 31,000.

0:38:310:38:35

Two, will you, sir? 32.

0:38:350:38:37

At 32, three if you like.

0:38:370:38:39

33, and again.

0:38:390:38:40

For four, can I, sir?

0:38:400:38:42

At four, 34, I'm bid.

0:38:420:38:45

At 34, please be quicker, sir. Five, 35.

0:38:450:38:48

Six, will you, sir?

0:38:480:38:49

You bid quickly all the way. Oh, you're not going to stop?

0:38:490:38:52

Don't be driven out, it's only money!

0:38:520:38:54

At £35,000, here is my bid and you're out in the back, sir.

0:38:540:38:59

At £35,000...

0:38:590:39:01

It's yours, sir, thank you.

0:39:010:39:03

'That successful bid of £35,000 was made by husband and wife team, Kerry and Russell.

0:39:030:39:09

'Kerry's a retired mortgage adviser

0:39:090:39:12

'and Russell runs his own electrical wholesale company.

0:39:120:39:15

'What in heaven's name have they got planned for this old chapel?

0:39:150:39:18

'I met up with them to find out.'

0:39:180:39:21

-Kerry, Russ, lovely to meet you both.

-And you.

0:39:230:39:27

Congratulations! You looked like you weren't too sure about that.

0:39:270:39:30

-I'm still thinking about it.

-You're still thinking about it. Why did you buy it?

0:39:300:39:34

We bought it to set up a recording studio for our son.

0:39:340:39:38

-There's another room behind this chapel.

-A recording studio?

0:39:380:39:41

Why buy the whole of this place just to get that bit at the back?

0:39:410:39:44

18 inch thick walls were one of the reasons.

0:39:440:39:47

Ah...

0:39:470:39:49

This just happened to be a bonus that came with the rear part of the building.

0:39:490:39:52

Now we've got to find something to do with it.

0:39:520:39:56

'It turns out that Russell and Kerry have come up

0:39:560:39:59

'with an interesting idea for the chapel, very much in keeping with its heritage.'

0:39:590:40:04

We decided to do civil weddings,

0:40:060:40:09

civil wedding ceremonies.

0:40:090:40:11

Right.

0:40:110:40:13

It wasn't necessarily what I was expecting you to say, I have to say.

0:40:130:40:16

What's your experience, Kerry, of building recording studios

0:40:160:40:19

and running places that you're going to hold civil ceremonies in?

0:40:190:40:22

A vast experience(!)

0:40:220:40:24

Absolutely none whatsoever.

0:40:240:40:26

# Going to the chapel and we're... #

0:40:260:40:29

Kerry and Russell have faith that their son will have success

0:40:290:40:32

with the recording studio,

0:40:320:40:35

but they also believe their own idea of holding

0:40:350:40:38

several wedding ceremonies will be a winner

0:40:380:40:40

as they will have a slight twist.

0:40:400:40:42

# ..Going to the chapel of love... #

0:40:420:40:46

We did plan to do themed weddings.

0:40:460:40:49

Themed weddings?

0:40:490:40:50

Well, if someone wants a Halloween wedding

0:40:500:40:54

or a Disney wedding, whatever.

0:40:540:40:56

-Any sort of wedding.

-We can accommodate them.

0:40:560:40:58

# ..Bells will ring

0:40:580:41:02

# The sun will shine... #

0:41:020:41:04

Themed weddings?

0:41:040:41:05

That's a first here on Homes Under The Hammer. It's a novel idea,

0:41:050:41:08

but getting the necessary planning permissions could be a challenge.

0:41:080:41:12

The lack of parking is not ideal and could hinder things,

0:41:120:41:16

as could another trickling problem.

0:41:160:41:18

# ..The end of time

0:41:180:41:20

# And we'll never be lonely any more. #

0:41:200:41:25

We found out after we bought it that there's a small stream

0:41:270:41:30

running underneath the floorboards.

0:41:300:41:32

We came over with the builder to get an estimate...

0:41:320:41:36

..for the dry rot.

0:41:360:41:37

The builder said that it's not dry rot.

0:41:370:41:41

He suggested replacing all the floor with concrete.

0:41:410:41:45

He said, "Oh, the stream can be diverted."

0:41:450:41:48

I said, "That sounds expensive."

0:41:480:41:50

"No." he said. "A few pipes and a bit of gravel."

0:41:500:41:53

I'm bowing to his superior knowledge.

0:41:550:41:57

# Islands in the stream

0:41:570:41:59

# That is what we are

0:41:590:42:02

# No-one in-between... #

0:42:020:42:04

With a timescale of six months, it should be full STREAM ahead

0:42:040:42:09

for Russell and Kerry,

0:42:090:42:10

but what sort of budget have they set aside to do the work.

0:42:100:42:13

Because of the area we're in, it's a deprived area,

0:42:130:42:16

it's called a European Objective One area,

0:42:160:42:18

there, hopefully, should be grants available

0:42:180:42:21

to help us with retaining the building.

0:42:210:42:24

A lot of it depends how long the grants will take.

0:42:250:42:27

We are hoping, against hope,

0:42:270:42:30

that we'll have a contribution of around 30,000

0:42:300:42:33

towards the total spend, which is around 80,000.

0:42:330:42:36

You're doing all this, primarily, for your son, it started out.

0:42:360:42:39

-Yeah.

-Aren't you a wonderful mum and dad?

0:42:390:42:41

Tell me all about him, he has a band, does he?

0:42:410:42:43

Yes, he's got a band.

0:42:430:42:45

-It's very noisy.

-It's heavy.

0:42:450:42:48

What kind of music is it?

0:42:480:42:51

What would you call it? Death Metal?

0:42:510:42:54

DEATH METAL MUSIC

0:42:540:42:57

He's 27 years old, hasn't got the greatest employment history.

0:42:580:43:04

It's a chance for him to follow his dream.

0:43:040:43:07

As long as it doesn't cost us too much.

0:43:070:43:09

It seems to me, you're having an adventure at the same time?

0:43:090:43:13

Absolutely. I'm really excited about it.

0:43:130:43:16

What's next on the cards for you two?

0:43:160:43:18

A chain of wedding arenas, maybe.

0:43:180:43:23

-Or maybe not.

-Maybe not.

0:43:230:43:25

-Listen, congratulations.

-Thank you.

0:43:250:43:28

Lovely to meet you both.

0:43:280:43:30

Isn't this story just one of the reasons

0:43:330:43:35

why Homes Under the Hammer is so brilliant?

0:43:350:43:39

A chapel in Wales is now going to become a recording studio

0:43:390:43:42

for a death metal band and a funky wedding chapel.

0:43:420:43:47

There are so many hurdles to cross before we get to that point, where do I start?

0:43:470:43:51

You just have to join us later in the show

0:43:510:43:53

to find out how they get on.

0:43:530:43:56

Well, finding good tradesmen is often the key to getting a project

0:43:590:44:02

completed on time and on budget.

0:44:020:44:05

Some people do decide to do the work themselves to maximise profit.

0:44:050:44:09

Have our buyers been getting stuck in or just getting stuck?

0:44:090:44:13

Let's find out.

0:44:130:44:14

Back now to Burnley in Lancashire where this two-bed mid-terrace

0:44:160:44:19

was bought at auction unseen

0:44:190:44:20

by Leeds-based property developer Patrick, in the red jumper here on the right,

0:44:200:44:26

and his joiner friend, Paul.

0:44:260:44:28

The place has been turned upside down by thieves

0:44:280:44:31

looking for valuable York stone flooring and copper pipes.

0:44:310:44:35

-But this is not what you expect to see.

-Not at all.

0:44:360:44:40

You guys have got a lot of work putting this back together again.

0:44:400:44:43

-That's right.

-Without a doubt. I think if we'd looked,

0:44:430:44:46

definitely would have probably left it.

0:44:460:44:48

But with a relatively modest budget and a timescale of just one month,

0:44:480:44:52

these Yorkshire lads were determined to do their best.

0:44:520:44:56

So a mere four weeks after our visit, we're back to see

0:44:560:44:59

if they managed to rekindle the embers of this Burnley property.

0:44:590:45:03

# Come on, baby, light my fire

0:45:050:45:10

# Come on, baby, light my fire

0:45:100:45:15

# Try to set the night on fire. #

0:45:150:45:20

Well, the job's a good 'un.

0:45:210:45:23

There may be some work left to do but Patrick and Paul

0:45:230:45:26

have definitely got this property back on its feet.

0:45:260:45:30

The biggest task was undoubtedly sorting out the floor that was no more.

0:45:300:45:34

We just had to excavate down a little deeper

0:45:340:45:38

and put in a damp-proof membrane and obviously batter tons and tons of concrete in,

0:45:380:45:44

which was quite an arduous job through the narrow passageway in the kitchen.

0:45:440:45:49

They've tidied up the back yard and introduced some pretty hefty

0:45:490:45:53

security measures to deter any more would-be vandals.

0:45:530:45:58

Upstairs, the biggest job was sorting out the bathroom

0:45:580:46:01

after thieves had made a mess stealing the copper pipes.

0:46:010:46:05

Well, the bathroom, there was a lot of work in the bathroom.

0:46:070:46:10

Obviously, the copper pipes had been stolen

0:46:100:46:12

but they'd ripped the copper pipes from the boiler,

0:46:120:46:14

ripped all the piping from the bathroom and the sink

0:46:140:46:18

so the problem was finding out where the copper had been broken.

0:46:180:46:21

We even thought about just replacing all the pipework

0:46:210:46:24

but we managed to pick the microbore pipe up from the radiators

0:46:240:46:27

where it teed into the 15ml pipe.

0:46:270:46:29

Then we had to replace all the floor

0:46:290:46:31

because the floor had been ripped out as well.

0:46:310:46:34

The toilet had been damaged so we put a new toilet in.

0:46:340:46:36

Obviously, it worked out quite well.

0:46:360:46:39

In fact, it's all worked out so well

0:46:410:46:43

that Patrick and Paul have already found a tenant,

0:46:430:46:46

even before they got round to decorating the place.

0:46:460:46:49

We had a decorator lined up but the tenant was so desperate to move in

0:46:490:46:53

she said, "Do you mind if I do the decoration?"

0:46:530:46:56

Obviously, we didn't have any problem with that

0:46:560:46:58

and we said, "You can move," and she wanted to move in today.

0:46:580:47:01

After the filming, she's waiting to get the keys.

0:47:010:47:03

She's got some cash waiting, she said,

0:47:030:47:06

so hopefully we can get some lunch today.

0:47:060:47:08

THEY LAUGH

0:47:080:47:10

But before they tuck into their Lancashire hotpots,

0:47:120:47:15

what's the story with their budget?

0:47:150:47:18

The Budget was 5,000 total.

0:47:180:47:20

We came in under budget - 3,600 we spent.

0:47:200:47:25

Looking round, it's very hard to see it, but a lot of the work

0:47:250:47:28

was flooring, plumbing, security, windows and carpets.

0:47:280:47:34

-We didn't do bad there, did we?

-No, no.

0:47:340:47:36

3,600 on top of their purchase price of 20,500

0:47:380:47:43

makes a total outlay of £24,100.

0:47:430:47:47

Have the boys learned anything from the process of doing this property up?

0:47:470:47:52

I've learned a valuable lesson on this job.

0:47:520:47:54

That is, never ever buy anything unseen.

0:47:540:48:00

That's the biggest mistake I've ever made.

0:48:000:48:03

In my opinion.

0:48:060:48:07

But just how big a mistake was it?

0:48:090:48:11

We asked two local estate agents to look around the mid-terrace

0:48:110:48:14

and give us their thoughts.

0:48:140:48:16

It's one of those properties that's quite obviously been done up

0:48:170:48:21

to rent out, in all honesty.

0:48:210:48:23

There are still things that the tenant coming in is going

0:48:230:48:26

to want to do to the property in terms of the cosmetics,

0:48:260:48:28

in terms of decorating, which I believe they are going to be taking on.

0:48:280:48:31

I think if it had been me,

0:48:310:48:33

I probably would have gone all the way and finished all the work.

0:48:330:48:35

I may have looked at changing the bathroom suite

0:48:350:48:38

and making that look a little bit better.

0:48:380:48:39

Making the kitchen as nice as possible because it is quite small,

0:48:390:48:42

and certainly I would have finished all the decoration works.

0:48:420:48:46

If they wanted to sell the property on,

0:48:460:48:48

what do the experts think it could fetch on the resale market?

0:48:480:48:51

For what work has been done,

0:48:520:48:55

I would say this property's around £25,000.

0:48:550:48:57

In the current sort of sales climate, you'd be looking

0:48:570:49:00

somewhere in the region of 35 to £40,000, I would think.

0:49:000:49:03

I think that's more realistic.

0:49:030:49:06

We don't want to think that we've wasted our time.

0:49:060:49:09

I think 35, if that's a conservative estimate, then that would be good.

0:49:090:49:14

25 just seems a little bit too low

0:49:140:49:16

with the sort of returns that we're getting on that.

0:49:160:49:18

-But yeah, 35. We're happy with 35.

-We're sound, yeah.

0:49:180:49:23

A sale at the top end of those valuations, around 40,000,

0:49:230:49:28

could mean a profit of almost 16 grand before fees and expenses.

0:49:280:49:33

But with a tenant already lined up, Patrick and Paul will surely

0:49:330:49:36

be more interested in the possible rental valuations.

0:49:360:49:40

In the current rental market, I think you'd be looking

0:49:400:49:42

somewhere in the region of £300 per calendar month.

0:49:420:49:44

I would say the rental figure's going to stay around the £300 per calendar month mark.

0:49:440:49:49

-That's on the nail that, yeah.

-325 actually. 75 a week.

0:49:490:49:53

Which is what we've got but that's, yeah, that's what it is.

0:49:530:49:57

We've got 325 which is as I say, 16% return. We're happy with that.

0:49:570:50:02

This one meant a lot of to-ing and fro-ing from Leeds to Burnley

0:50:020:50:08

for Patrick and Paul, will they be back at an auction any time soon?

0:50:080:50:12

I would definitely do the auction again, without a doubt.

0:50:120:50:16

I think what we'd do is rather than go out of the area,

0:50:160:50:20

then obviously, we'd make sure that we bought within our boundaries

0:50:200:50:23

and don't go any further, because there's plenty of properties there.

0:50:230:50:26

Back now to South Wales

0:50:320:50:34

and the village of Abercynon where husband and wife, Kerry and Russell,

0:50:340:50:38

bought this former chapel at auction for £35,000.

0:50:380:50:42

It was in a decent state of repair although I was struggling to think

0:50:420:50:45

of what it could be used for.

0:50:450:50:47

However, the couple's plan was to turn the back room

0:50:470:50:51

into a recording studio for their son and his death metal band,

0:50:510:50:55

and as for the chapel, they hope

0:50:550:50:57

to perform civil wedding ceremonies there, with a slight twist.

0:50:570:51:01

-We do plan to do themed weddings.

-Themed weddings?

0:51:010:51:04

Well, if someone wants a Halloween wedding or a Disney wedding, whatever.

0:51:040:51:10

We can accommodate that.

0:51:100:51:12

Soon after Kerry and Russell bought this place,

0:51:120:51:14

they discovered a small stream running underneath the floorboards, causing damp.

0:51:140:51:20

But their builder had a quick solution to sort that out.

0:51:200:51:23

He said, "The stream can be diverted."

0:51:250:51:27

I said, "That sounds expensive."

0:51:270:51:29

"No," he said. "A few pipes and a bit of gravel."

0:51:290:51:32

So I'm bowing to his superior knowledge.

0:51:340:51:36

A year and a half later, we've returned to meet Kerry

0:51:360:51:40

to see if her and Russell's plan to conduct civil weddings

0:51:400:51:43

has lived happily ever or if it's all ended in a messy divorce.

0:51:430:51:49

Well, sadly, no wedding ceremonies have taken place.

0:51:550:51:59

There is no recording studio either

0:51:590:52:01

due to concerns from the planning department about the potential noise.

0:52:010:52:05

The hole in the floorboards has been covered up

0:52:070:52:10

but the small stream underneath is still flowing freely.

0:52:100:52:13

That's the only real evidence of any change, so why the lack of progress?

0:52:130:52:17

Well, the plans that we had for the church have virtually come to nothing.

0:52:190:52:26

We had the plans for the recording studio at the back

0:52:260:52:30

and initially, we were going to conduct civil weddings at the front.

0:52:300:52:35

Having spoken to the local authority informally,

0:52:350:52:40

they didn't like the idea of the wedding reception.

0:52:400:52:43

They were afraid of the noise, late nights maybe for the local community.

0:52:430:52:50

We rethought the idea

0:52:500:52:53

and we thought maybe we would use the downstairs as a training facility.

0:52:530:52:58

It went before the planning committee with a recommendation for approval.

0:52:580:53:03

The planning committee turned it down.

0:53:030:53:05

Unfortunately, all our plans have come to nothing.

0:53:050:53:09

There was planning permission in place to run the chapel

0:53:100:53:14

as a children's creche, but that didn't appeal to Kerry and Russell.

0:53:140:53:18

What about the possibility of demolishing it and redeveloping the site?

0:53:180:53:22

It would make a beautiful house

0:53:230:53:25

but it would be a real shame to get rid of the pews and...

0:53:250:53:29

The things we loved about it were the original charm.

0:53:290:53:32

We really didn't want to change anything.

0:53:320:53:35

We wanted to maintain the building as it is.

0:53:350:53:38

So things really haven't gone to plan.

0:53:380:53:41

How much money have they spent on the chapel to date?

0:53:410:53:45

We've spent about £5,000 on acoustic reports

0:53:450:53:49

that the local authority insisted on us having.

0:53:490:53:52

Really, it's been a complete waste of money for us.

0:53:520:53:58

It's a real shame that it's taken 12 months

0:54:010:54:04

for the planning permission to be refused,

0:54:040:54:07

but that is often the way. What's next for the couple?

0:54:070:54:11

Well, the next plan, I think, is to sell it. We thought long and hard.

0:54:130:54:18

Really, if we can't do what we want here then maybe the best thing

0:54:180:54:22

is to sell it and for someone who can do what they'd be allowed to do here,

0:54:220:54:29

for someone else to take it on.

0:54:290:54:31

That really is a sad story and potentially an expensive lesson.

0:54:350:54:39

With a purchase price of 35,000

0:54:390:54:42

and costs of five grand on planning reports,

0:54:420:54:45

that's a total outlay of 40,000.

0:54:450:54:48

We invited along two local estate agents

0:54:500:54:53

to hear their thoughts on this chapel.

0:54:530:54:55

I'm not surprised in any way about planning issues.

0:54:580:55:02

I've had a look at the outside of the building

0:55:020:55:04

and around at the rear of the building.

0:55:040:55:06

There's absolutely nowhere for people to park

0:55:060:55:08

and that would be one of the major issues in this local area.

0:55:080:55:12

In my opinion, on this building,

0:55:120:55:13

I don't think there is any business venture to be had here.

0:55:130:55:16

The only thing that I would suggest would be

0:55:160:55:19

to possibly demolish the building and use the plot for further redevelopment.

0:55:190:55:25

What about the option of using this place as a children's creche?

0:55:260:55:29

It could be used as a creche.

0:55:330:55:35

I think that there's obviously a need for one around here.

0:55:350:55:39

I think it would be lovely done as a nursery.

0:55:390:55:42

So, for a new buyer, a nursery might be the best way to go.

0:55:420:55:46

Let's talk about money. What could Kerry and Russell make

0:55:460:55:49

if they put this place back to auction as it is?

0:55:490:55:53

If they were to put it back into auction or to resell,

0:55:530:55:56

I would look at £35,000 to £40,000.

0:55:560:56:01

I think that they would be lucky to get their money back

0:56:010:56:03

but as a guide price, between 40 and £50,000.

0:56:030:56:08

Yeah. I think they're fair.

0:56:080:56:09

I think that's what we would have expected

0:56:090:56:12

and I think we'd be happy with that.

0:56:120:56:14

So if they managed to achieve around £40,000

0:56:140:56:17

then Kerry and Russell might just break even.

0:56:170:56:21

It really has been a long and frustrating process

0:56:210:56:24

and it's a shame that their plans haven't worked out.

0:56:240:56:28

Has this experience put them off the prospect of heading to the auctions again?

0:56:280:56:31

It certainly wouldn't put me off buying at auction again.

0:56:320:56:36

We were just unlucky that our plans didn't work out in this case.

0:56:360:56:40

Make sure you join us next time for more auction properties going under the hammer.

0:56:430:56:47

-See you then.

-Goodbye.

-Goodbye.

0:56:470:56:49

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