0:00:02 > 0:00:04Hello. Martin and I can hardly believe it -
0:00:04 > 0:00:06over the many years we've been making Homes Under The Hammer,
0:00:06 > 0:00:10we've seen thousands of people take the plunge and buy their property at auction.
0:00:10 > 0:00:13Yes, but it can be a bit of a bumpy ride,
0:00:13 > 0:00:16so strap yourself in as we head to the auctions.
0:00:41 > 0:00:44This programme isn't just about bricks and mortar -
0:00:44 > 0:00:46it's about real people and the stories they tell.
0:00:46 > 0:00:49Yes, and we never know how things are going to turn out -
0:00:49 > 0:00:52will it be a dream project or a nightmare?
0:00:52 > 0:00:56Well, here are the properties that sold under the hammer.
0:00:56 > 0:00:59Coming up...I am in Derbyshire to discover
0:00:59 > 0:01:06how this huge semidetached property rose in value by almost £50,000.
0:01:06 > 0:01:08Then, if you thought that was good, in London,
0:01:08 > 0:01:16this three-bedroom property could resell for an extra 150,000.
0:01:16 > 0:01:19And we revisit this detached bungalow in Kent
0:01:19 > 0:01:26to see the final transformation which almost doubles its value.
0:01:26 > 0:01:29All these properties have been sold at auction.
0:01:29 > 0:01:32We'll find out who bought them and what they paid for them
0:01:32 > 0:01:36- when they went under the hammer. - It's yours.
0:01:40 > 0:01:45Today, I am in Ilkeston, one of the largest towns in Derbyshire.
0:01:45 > 0:01:47A popular market town with a history rooted in mining,
0:01:47 > 0:01:51Ilkeston is between Derby and Nottingham.
0:01:51 > 0:01:55As it's only nine miles from both cities,
0:01:55 > 0:01:57it's an obvious choice for commuters.
0:02:01 > 0:02:06I am here to see a large semidetached house with a twist.
0:02:06 > 0:02:10The twist is that part of it has already been converted
0:02:10 > 0:02:13into a self-contained flat and that currently has a tenant
0:02:13 > 0:02:15bringing in £300 a month, so that might be all right,
0:02:15 > 0:02:18you might want to keep that. As a downside, it does mean
0:02:18 > 0:02:20that if you wanted to start work on the whole building,
0:02:20 > 0:02:24you'd have to wait until their short hold tenancy agreement finishes.
0:02:24 > 0:02:26In the meantime, I can't get in around the front,
0:02:26 > 0:02:29so it's round the back for me.
0:02:29 > 0:02:32The self-contained flat is accessed from the front door,
0:02:32 > 0:02:35and although we couldn't get in today,
0:02:35 > 0:02:40I'm told there's a kitchen, sitting-room and bedroom with loo.
0:02:40 > 0:02:42To access the part of the house we can see,
0:02:42 > 0:02:44I will use the side entrance
0:02:44 > 0:02:47to an area that could be used for off-street parking.
0:02:47 > 0:02:52There's also a lovely expanse of mature garden.
0:02:52 > 0:02:56Nice bit of outdoor space - although most of it is laid to concrete,
0:02:56 > 0:02:58there's also a good-sized double garage,
0:02:58 > 0:03:02but we finally find our way in and into the kitchen.
0:03:02 > 0:03:06OK, it's light and airy, nice big window,
0:03:06 > 0:03:08units, very dated,
0:03:08 > 0:03:11and I think they were inexpensive when they were put in,
0:03:11 > 0:03:13so you definitely want to do something there,
0:03:13 > 0:03:16but in terms of the layout, I am liking what I am seeing.
0:03:16 > 0:03:19Sort of like a little window thing there or hatch thing,
0:03:19 > 0:03:24which opens out into this, which is a dining sort of area.
0:03:24 > 0:03:26Very, very good for families, I would say.
0:03:26 > 0:03:30You've the kitchen there, put a sofa in here, somewhere for kids to play.
0:03:30 > 0:03:33It doesn't look to be in too bad condition, so...
0:03:33 > 0:03:36now we've finally got in here, I like it.
0:03:38 > 0:03:43So, not a bad start. Let us take a look upstairs.
0:03:43 > 0:03:46Well, the hugeness of the house shows no signs of abating,
0:03:46 > 0:03:50as we stride purposefully upstairs onto the first-floor here.
0:03:50 > 0:03:54Bedroom at the front, you've got a shower and bathroom there,
0:03:54 > 0:03:58loo here, smallish bedroom there, but it's got it's sink unit,
0:03:58 > 0:04:01which is good news. Another bedroom there -
0:04:01 > 0:04:03it all feels really nice and light
0:04:03 > 0:04:05because of the colour of the paint work, which is great.
0:04:05 > 0:04:11A box room there, and then through into a really nice upstairs lounge.
0:04:11 > 0:04:14You've got an open fire, this lovely bay window
0:04:14 > 0:04:17with views out across to the hills,
0:04:17 > 0:04:22and, you know, what is there not to like?
0:04:22 > 0:04:25This house has been sliced and diced a bit,
0:04:25 > 0:04:28which rather takes away from the otherwise grand Edwardian spaces.
0:04:28 > 0:04:32These two bedrooms on this level are separated by a stud wall,
0:04:32 > 0:04:35so would be easy to turn them back into one larger room.
0:04:35 > 0:04:38Upstairs on the third floor, there are two more good-sized bedrooms
0:04:38 > 0:04:41as well as a handy bit of loft space.
0:04:41 > 0:04:43Yes, there's some work to do here,
0:04:43 > 0:04:46but it's large and all in pretty good nick.
0:04:46 > 0:04:48# Great big ole house... #
0:04:48 > 0:04:52We've asked someone from the auction house which sold it for his opinion.
0:04:52 > 0:04:54It's a very, very nice house.
0:04:54 > 0:04:57It's been converted in a very unusual manner
0:04:57 > 0:05:00to provide a self-contained flat
0:05:00 > 0:05:03and also a sort of five-bedroom property upstairs.
0:05:03 > 0:05:04It's an unusual layout.
0:05:04 > 0:05:06The main fabric of the property's very nice indeed.
0:05:06 > 0:05:09Everything needs doing to this property, I'd say.
0:05:09 > 0:05:12The roof looks like it's ready for an overhaul,
0:05:12 > 0:05:14and once you start incorporating the flat into the house
0:05:14 > 0:05:17and making the two back into one,
0:05:17 > 0:05:19I think you'll pretty much do everything there is to do.
0:05:19 > 0:05:22'The roof repairs are definitely a cost to be factored in
0:05:22 > 0:05:24'when budgeting for the renovation.
0:05:24 > 0:05:27'How much might need to be spent here?'
0:05:27 > 0:05:30I would imagine you'd spend at least £40,000
0:05:30 > 0:05:33bringing this house back into one property.
0:05:33 > 0:05:36You could spend as much as you want on kitchens and bathrooms
0:05:36 > 0:05:40and that kind of thing, but at least a minimum of £40,000.
0:05:40 > 0:05:44'How much is it worth before and after renovation?'
0:05:44 > 0:05:49The property in its present condition is worth somewhere in the region of £125,000 to £130,000.
0:05:49 > 0:05:51Once renovated, it's difficult to be precise,
0:05:51 > 0:05:53but I think if you do a really good job on it,
0:05:53 > 0:05:56it's going to be worth the thick end of £200,000.
0:05:56 > 0:05:58'So, there's room for a profit with this property.
0:05:58 > 0:06:01'What about as a rental?'
0:06:01 > 0:06:04At the present, I'd expect this property to achieve in the region
0:06:04 > 0:06:08of probably £250 to £300 for the flat downstairs.
0:06:08 > 0:06:11You'd would probably get an extra £350 to £400 for the...
0:06:11 > 0:06:14for the accommodation, the main accommodation.
0:06:14 > 0:06:17Well, a lot of house for the money and, for the most part,
0:06:17 > 0:06:21in extremely good condition. One thing, though -
0:06:21 > 0:06:23if ever you buy a property which has tenants in it already,
0:06:23 > 0:06:26your solicitor must check out the tenancy agreement,
0:06:26 > 0:06:29because that could be a big issue.
0:06:29 > 0:06:32In the meantime, let's find out who bought it when it went under the hammer.
0:06:35 > 0:06:37Lot number 19,
0:06:37 > 0:06:41a very large Victorian three-floor house in Ilkeston.
0:06:41 > 0:06:44Most of it is vacant, and that's five-bedroom accommodation.
0:06:44 > 0:06:47There is a small one-bedroomed flat,
0:06:47 > 0:06:50front part of the house, ground floor,
0:06:50 > 0:06:54but the majority of the house is being sold with vacant possession.
0:06:54 > 0:06:58Excellent investment potential to this one. What am I saying for it?
0:06:58 > 0:07:00Start me on this, 125?
0:07:00 > 0:07:03125? 120.
0:07:03 > 0:07:05120.
0:07:05 > 0:07:07115 then, on the guide price.
0:07:07 > 0:07:11There's a lot of bricks and mortar for the money. 115,000?
0:07:11 > 0:07:14110, to start?
0:07:14 > 0:07:16110 here, thank you.
0:07:16 > 0:07:20£110,000. At 110. 111 is bid at the back.
0:07:20 > 0:07:23112. 113.
0:07:23 > 0:07:26114. 115.
0:07:26 > 0:07:29116. 117.
0:07:29 > 0:07:32118. Keep doing that, you'll be all right. 119.
0:07:32 > 0:07:35120, you've got a good feel about it?
0:07:35 > 0:07:38120. 21. 22.
0:07:38 > 0:07:42Don't put it down yet. 23. 124.
0:07:42 > 0:07:46It's getting a bit iffy. 124. 125?
0:07:46 > 0:07:50124,000 on the front row. 125?
0:07:50 > 0:07:52It's in the market, make no mistake.
0:07:52 > 0:07:55We're going to sell it, the bid is £124,000.
0:07:55 > 0:08:00For first time, 125. 126.
0:08:00 > 0:08:03126. Is that it? A one-bid wonder?
0:08:03 > 0:08:06£126,000, and you've put him into stamp duty.
0:08:06 > 0:08:10£126,000. 127, somewhere?
0:08:10 > 0:08:14You can't retract it now. 126,000. Once,
0:08:14 > 0:08:17twice, third time...
0:08:17 > 0:08:19It's yours, 126. Thank you.
0:08:19 > 0:08:22Was it a bit nerve-racking?
0:08:22 > 0:08:27'That winning bid of 126,000 was made by school teacher Neil,
0:08:27 > 0:08:29'who, along with his partner, Kirsty,
0:08:29 > 0:08:33'and their three children, will make this their family home.
0:08:33 > 0:08:37'It will certainly make a change from the end of terrace where they currently live.
0:08:37 > 0:08:40'I met Neil and the property to hear what they had planned.'
0:08:40 > 0:08:44- Neil, good to meet you.- You too. - Congratulations. - Thank you very much.
0:08:44 > 0:08:47A lot of house for the money, I thought.
0:08:47 > 0:08:51Huge, isn't it? Um, yes, we wanted somewhere bigger, but,
0:08:51 > 0:08:54we really didn't think it would be this big, so this is fantastic.
0:08:54 > 0:08:57What was it you liked about it?
0:08:57 > 0:09:00- Looking out the window, the garage, in my case...- Why?
0:09:00 > 0:09:04- I'm building aeroplanes, so... - What?- I want to build an aeroplane.
0:09:04 > 0:09:06I started building it on the kitchen table in our end terrace,
0:09:06 > 0:09:09but it's too small to actually assemble anything.
0:09:09 > 0:09:11- Like a model aeroplane? - No, full-scale.
0:09:11 > 0:09:13It's a single-seater light aircraft.
0:09:13 > 0:09:15It's a wooden Spitfire, at the end of the day.
0:09:15 > 0:09:19- Right. So, have you got a licence? - Yes, just under two years ago.
0:09:19 > 0:09:23- Oh, well done.- It was, sort of, one of my targets after I survived...
0:09:23 > 0:09:25- Survived?- Cancer.- Cancer?
0:09:25 > 0:09:28- Right, tell me more. - They basically said that
0:09:28 > 0:09:31they didn't reckon I'd see my son's first birthday.
0:09:31 > 0:09:35- And how many years ago is that now? - In October, it will be four years ago.
0:09:35 > 0:09:39Four years ago. Have you had a clean bill of health now?
0:09:39 > 0:09:42Since March, 2008, yes.
0:09:42 > 0:09:45- Oh, well. Wow.- They're were really surprised, so...
0:09:45 > 0:09:49- All I can say my oncology team are fantastic, and they fixed me.- Really?
0:09:49 > 0:09:53- Plus the fact I don't give up for a fight.- Well done. Congratulations.
0:09:53 > 0:09:55And has that changed your attitude towards anything?
0:09:55 > 0:09:57It does change the way you look at life. You know,
0:09:57 > 0:10:02days seem to...before used to blur, but every day is a different day. It's...
0:10:02 > 0:10:05Just take it as it comes, make the best of it and...
0:10:05 > 0:10:06just keep going.
0:10:06 > 0:10:09MUSIC: "Don't Worry, Be Happy" by Bobby McFerrin
0:10:11 > 0:10:12# Don't worry
0:10:12 > 0:10:14# Ooh...
0:10:14 > 0:10:15# Be happy
0:10:15 > 0:10:18# Ooh... #
0:10:18 > 0:10:20So, we've got ourselves a garage, for our plane.
0:10:20 > 0:10:23Not exactly what I would have thought, but there you go.
0:10:23 > 0:10:27What about the rest of the house? What was it you liked about that?
0:10:27 > 0:10:31The building generally, even though it's over 120 years old, seems to be in relatively good condition.
0:10:31 > 0:10:33There is a bit of damp, the roof needs a bit of work,
0:10:33 > 0:10:35quite a bit of work on it, probably.
0:10:35 > 0:10:37We've not look any further than that,
0:10:37 > 0:10:39but it's just the fact that it's quite a solid house.
0:10:39 > 0:10:42It's in an area where Kirsty's got family.
0:10:42 > 0:10:45We'll start with the kitchen... is going to be changed,
0:10:45 > 0:10:49it won't stay like this, We're not sure about the floor yet. It's undecided about that.
0:10:49 > 0:10:52Basically, we like the idea... it's a kitchen-diner.
0:10:52 > 0:10:55Whether or not we knock this part through here, through a bit more, so it's more open...
0:10:55 > 0:11:00- What are you going to do about the self-contained flat? It's currently got tenants, hasn't it?- It has, yes.
0:11:00 > 0:11:04Well, at one point, we did actually think, if we had to sell,
0:11:04 > 0:11:08if we couldn't sell the house, and we had to use the full mortgage just to pay for this place,
0:11:08 > 0:11:11we would have kept it on, but as we looked around it, we didn't think
0:11:11 > 0:11:16ourselves it was actually fit to be inhabited, we weren't happy with it.
0:11:16 > 0:11:20So, for that alone, we did say that, in the end,
0:11:20 > 0:11:24we would actually keep this self-contained flat. And, um...
0:11:24 > 0:11:29I think it's a short let for six months anyway, coming to the end,
0:11:29 > 0:11:32so, they basically have been found somewhere
0:11:32 > 0:11:35- to move on to by their agent they were with, from what I can tell. - Right.
0:11:35 > 0:11:39Hopefully, they'll be happy and get somewhere nicer than what they're in at the moment.
0:11:39 > 0:11:41Hopefully, when we finish it, it will look better as well in there.
0:11:41 > 0:11:45'I'm really delighted Neil plans to turn this back into one house.
0:11:45 > 0:11:48'As well as sorting out the roof and checking the electrics and heating system,
0:11:48 > 0:11:52'they also plan to play around with those stud walls on the first floor.
0:11:52 > 0:11:56'That could create one larger bedroom instead of two small ones.
0:11:56 > 0:11:59'Neil plans to do a lot of the work himself, with the help of friends and family,
0:11:59 > 0:12:02'which will certainly help on the budget front.
0:12:02 > 0:12:03'Unfortunately, Neil and Kirsty
0:12:03 > 0:12:06'have been unable to sell their current home,
0:12:06 > 0:12:08'so, money's pretty tight, to put it mildly.'
0:12:08 > 0:12:10MUSIC: "Money's Too Tight To Mention" by Simply Red
0:12:10 > 0:12:12So, how have you financed this?
0:12:12 > 0:12:15We've remortgaged the first house, for some of the mortgage,
0:12:15 > 0:12:18and the rest of the mortgage has been made against my...
0:12:18 > 0:12:21- my salary for this one as well. - Right, OK.
0:12:21 > 0:12:24And does that leave any budget for the renovation works?
0:12:24 > 0:12:26Yes. Sticky situation, that.
0:12:26 > 0:12:30We've got between 8,000 and just under 10,000 left
0:12:30 > 0:12:35by my reckoning, at the moment, which is not exactly where I'd like to be.
0:12:35 > 0:12:38- No.- I was hoping to have 20,000, 25,000 left,
0:12:38 > 0:12:41because I want to put a solar panel on the top for hot water as well.
0:12:41 > 0:12:44Um, so, at the moment, we're looking,
0:12:44 > 0:12:46if we don't sell a house in the next month or two,
0:12:46 > 0:12:50once we start the renovations, then we'll to have to rent our house out till the market picks up.
0:12:50 > 0:12:53At which time, if that happens, then we'll sell that one and then
0:12:53 > 0:12:56finish the renovations to the standard we want,
0:12:56 > 0:12:58the solar panels and the extra luxuries
0:12:58 > 0:13:02- that we maybe won't to be able to put in first time round.- Right. OK.
0:13:02 > 0:13:04At least you've got the place...
0:13:04 > 0:13:07That was the main thing. There was no way we were letting this go.
0:13:07 > 0:13:10- Well, what an amazing story. Congratulations.- Thank you.
0:13:10 > 0:13:12Good luck with it.
0:13:12 > 0:13:14And we look forward to seeing how you get on.
0:13:14 > 0:13:17- Thank you.- Congratulations. - MARTIN LAUGHS
0:13:17 > 0:13:20Well, it may look like a double garage to you and me,
0:13:20 > 0:13:24but for Neil, it's an aircraft hangar for his project.
0:13:24 > 0:13:27And after all he's been through, we wish him all the best with that.
0:13:27 > 0:13:30In terms of the house, well, lots of work to be done,
0:13:30 > 0:13:34and I'm a bit concerned about that fairly small budget.
0:13:34 > 0:13:36Find out how he and the family get on
0:13:36 > 0:13:40turning this place into the new family home later in the show.
0:13:42 > 0:13:45MUSIC: "Love Cats" by The Cure
0:13:53 > 0:13:55Who can say they live in an area
0:13:55 > 0:13:58with a giant fibreglass cat sculpture?
0:13:58 > 0:14:00The people that live in Catford can.
0:14:00 > 0:14:04Created in 1974 by a British architect,
0:14:04 > 0:14:08it's considered a local icon in this part of south-east London.
0:14:08 > 0:14:12Question is, will today's property be purr-fection,
0:14:12 > 0:14:15or will it make me paws for thought?
0:14:15 > 0:14:17Let's find out.
0:14:17 > 0:14:19MUSIC: "Hey Kitty" by S Club
0:14:22 > 0:14:24'Feline theme aside,
0:14:24 > 0:14:27'Catford is also known for affordable period properties
0:14:27 > 0:14:29'and some pretty good travel links.
0:14:29 > 0:14:33'It takes just 30 minutes from Catford to London Bridge,
0:14:33 > 0:14:37'and you can be at London St Pancras station in just 32 minutes.'
0:14:40 > 0:14:47I'm here to see a terraced property that had a guide price of £160,000.
0:14:47 > 0:14:50Considering the average three-bedroom property in this area
0:14:50 > 0:14:57costs 270,000 to buy, that guide price represents really good value.
0:14:57 > 0:14:59But here is the catch...
0:14:59 > 0:15:01the catalogue description
0:15:01 > 0:15:06tells me it's presented in poor decorative order.
0:15:06 > 0:15:08If the auction catalogue is flagging that up,
0:15:08 > 0:15:11it certainly doesn't bode well.
0:15:12 > 0:15:15# You don't have to worry. #
0:15:15 > 0:15:18From the outside, things look OK.
0:15:18 > 0:15:21The roof seems to be in decent order, and there are lovely sash windows
0:15:21 > 0:15:24and the original brickwork to get excited about.
0:15:26 > 0:15:29Well, the exterior of this house certainly lacks kerb appeal
0:15:29 > 0:15:32with all those sofas dumped out there.
0:15:32 > 0:15:35Actually, it's not too much of a disappointment on the inside.
0:15:35 > 0:15:37Yes, it is dated, it is tired,
0:15:37 > 0:15:39it could do with all this woodchip coming off,
0:15:39 > 0:15:43and the carpets need to be updated, but it feels very substantial,
0:15:43 > 0:15:47the bones are there, it's quite a nice solid house.
0:15:48 > 0:15:51So, this is the lounge, and what a fantastic space,
0:15:51 > 0:15:54and it comes with a bar.
0:15:54 > 0:15:56Now, I know there will be a few funky couples out there
0:15:56 > 0:15:59that think, "Yeah!" But actually, if you are looking to make
0:15:59 > 0:16:02money from your property, it is best to get rid of it.
0:16:02 > 0:16:05But there is so much you can do in here to really upgrade this space.
0:16:05 > 0:16:07You know, one good thing you could do,
0:16:07 > 0:16:10and I have seen it on many properties, is to think,
0:16:10 > 0:16:12potentially, about knocking this through
0:16:12 > 0:16:16and having a lovely door so you've got access to the outside.
0:16:16 > 0:16:18You need to get rid of these polystyrene tiles,
0:16:18 > 0:16:22but you have got beautiful windows to the front.
0:16:22 > 0:16:25We've got central heating in here, but again, it is just dated
0:16:25 > 0:16:29and tired, so it needs a complete overhaul.
0:16:29 > 0:16:31Time, ladies and gentlemen, please.
0:16:31 > 0:16:34I am afraid whoever takes on this house will have to call time
0:16:34 > 0:16:36on the bar and the hatch.
0:16:36 > 0:16:38The place really need updating
0:16:38 > 0:16:41and to be given a more contemporary style.
0:16:41 > 0:16:44# Everybody says you are looking pretty good
0:16:44 > 0:16:45# You have got no style
0:16:46 > 0:16:49# Yeah, you have got no style. #
0:16:49 > 0:16:52Nowadays, it is the kitchen rather than the living room
0:16:52 > 0:16:54that is often the heart of the home,
0:16:54 > 0:16:58but this one is too small for that and needs new units.
0:16:58 > 0:17:00However, the boiler looks fairly new.
0:17:00 > 0:17:02Get it checked by a professional, though -
0:17:02 > 0:17:04don't just assume it's all OK.
0:17:05 > 0:17:09My guess is that the fire might fail modern safety standards,
0:17:09 > 0:17:12so do get it checked by the Gas Safe register.
0:17:12 > 0:17:17Also, it has a downstairs bathroom, and yes, I prefer it upstairs.
0:17:17 > 0:17:19It needs a total refit anyway,
0:17:19 > 0:17:21as it is not exactly in the pink.
0:17:21 > 0:17:23# You've got no style. #
0:17:25 > 0:17:30Into the third bedroom that is reached from this half landing.
0:17:30 > 0:17:31There are two further bedrooms
0:17:31 > 0:17:35up the second flight of stairs at the top of the house.
0:17:35 > 0:17:38There is one at the front, and one's overlooking the back.
0:17:40 > 0:17:44Outside, there is a carbuncle of a lean-to that just has to go.
0:17:44 > 0:17:48Beyond that, it's a fantastic 35-foot garden.
0:17:48 > 0:17:51So it is just begging for a bigger kitchen with bifold doors
0:17:51 > 0:17:55to the outside space that would make this a fantastic home
0:17:55 > 0:17:58for modern living and be more profitable.
0:17:58 > 0:18:03Another way to add value here would be to create off-road parking
0:18:03 > 0:18:04right here.
0:18:04 > 0:18:06You only need to walk along this road
0:18:06 > 0:18:09and you can see people have done just that,
0:18:09 > 0:18:12so a precedent has already been set, which is great news,
0:18:12 > 0:18:16but it doesn't necessarily mean you will be given the green light.
0:18:16 > 0:18:18You will need to contact your local council
0:18:18 > 0:18:21and highways authority to see if it is possible.
0:18:21 > 0:18:23Now, fees for dropping the kerb can vary.
0:18:23 > 0:18:27You are looking at around approximately £600-£1,000,
0:18:27 > 0:18:33relatively inexpensive, but it is a job, I think, well worth doing.
0:18:33 > 0:18:37Perhaps it is not exactly desirable to have your car parked
0:18:37 > 0:18:38right up under your window,
0:18:38 > 0:18:42but this is a permit parking zone, so you'd have to weigh up whether
0:18:42 > 0:18:46you wanted to pay for the permit or spend on creating a parking space.
0:18:46 > 0:18:49You would have to pay your money and make your choice.
0:18:49 > 0:18:53If you do create a parking space, bear in mind that an area
0:18:53 > 0:18:56of more than five square metres will require planning permission
0:18:56 > 0:18:59if you are not using a permeable material.
0:18:59 > 0:19:02This is to prevent flooding, so do seek advice.
0:19:03 > 0:19:05Well, lots of possibilities,
0:19:05 > 0:19:08so what does a local property agent reckon will be the best approach
0:19:08 > 0:19:13for this rather dated terrace, guided at 160,000?
0:19:14 > 0:19:17Accommodation, for me, fantastic-size house.
0:19:17 > 0:19:20Brilliant for any family, you've got a great sized lounge,
0:19:20 > 0:19:22the kitchen has got a lot of potential,
0:19:22 > 0:19:23we can make a big kitchen/diner.
0:19:23 > 0:19:26Downstairs bathroom is sometimes an issue due to the fact
0:19:26 > 0:19:28you've got to walk through a kitchen to get to it.
0:19:28 > 0:19:30It's a bit of a stumbling block when it comes to selling.
0:19:30 > 0:19:32I always recommend try and move it upstairs.
0:19:32 > 0:19:35And if the bathroom was moved upstairs, hopefully keeping
0:19:35 > 0:19:39a smaller third bedroom, how much could the house be worth?
0:19:39 > 0:19:42This house, if it was done up to a very good standard,
0:19:42 > 0:19:45would achieve around £275,000.
0:19:45 > 0:19:47What about the letting potential?
0:19:47 > 0:19:51We could rent the property out for £1,200 per calendar month.
0:19:52 > 0:19:55OK, so it may be in need of some serious TLC and updating,
0:19:55 > 0:19:59but there is scope to add real value here,
0:19:59 > 0:20:01and that is the name of the game, people.
0:20:01 > 0:20:03Let's see who fancied this opportunity
0:20:03 > 0:20:06when it went under the hammer.
0:20:06 > 0:20:11Right, lot 53, a three-bed house, Catford.
0:20:11 > 0:20:13I am not going to go below 170.
0:20:13 > 0:20:15170 down here.
0:20:15 > 0:20:17175.
0:20:17 > 0:20:19175 here.
0:20:19 > 0:20:21180.
0:20:21 > 0:20:22185.
0:20:23 > 0:20:24181.
0:20:24 > 0:20:26182, new spot.
0:20:26 > 0:20:27183.
0:20:27 > 0:20:29184.
0:20:29 > 0:20:30185.
0:20:30 > 0:20:31186.
0:20:31 > 0:20:33187.
0:20:33 > 0:20:35188.
0:20:35 > 0:20:37189.
0:20:37 > 0:20:38190.
0:20:38 > 0:20:40191.
0:20:40 > 0:20:42192.
0:20:42 > 0:20:44193.
0:20:44 > 0:20:45194.
0:20:45 > 0:20:47195.
0:20:47 > 0:20:48196.
0:20:48 > 0:20:50197.
0:20:50 > 0:20:52198.
0:20:53 > 0:20:54199.
0:20:56 > 0:20:57200.
0:20:58 > 0:21:01200 with you, you were first, 200.
0:21:01 > 0:21:02201.
0:21:02 > 0:21:04202.
0:21:04 > 0:21:05202, with you.
0:21:05 > 0:21:08203. Looking for 203.
0:21:08 > 0:21:09If not, 202.
0:21:09 > 0:21:11Sorry, 203.
0:21:11 > 0:21:13I am trying to catch all 101 bidders.
0:21:13 > 0:21:14204.
0:21:14 > 0:21:15205.
0:21:16 > 0:21:19204, down here, first time,
0:21:19 > 0:21:21second time,
0:21:21 > 0:21:22third and last time,
0:21:22 > 0:21:24if you are all done.
0:21:24 > 0:21:26Sold, 204, well done.
0:21:26 > 0:21:32That successful bid of 204,000 was made by Jose and his wife, Carolina.
0:21:33 > 0:21:38They are originally from Colombia and moved to London four years ago.
0:21:38 > 0:21:41They both work for a company that assists Colombian students,
0:21:41 > 0:21:44helping them settle in the UK and find accommodation.
0:21:44 > 0:21:48I went back to their new accommodation to find out more.
0:21:49 > 0:21:53Jose and Carolina, really lovely to meet you, congratulations.
0:21:53 > 0:21:57So is this property for you two to live in?
0:21:57 > 0:21:58We're not sure about that.
0:21:58 > 0:22:01At the beginning, we were thinking to move in and to live here
0:22:01 > 0:22:05for a while, but later on, maybe, we can find something else.
0:22:05 > 0:22:08So it could be for you for now, but potentially,
0:22:08 > 0:22:10- an investment for the future.- Yes.
0:22:10 > 0:22:12Carolina, what was it about this property that you liked
0:22:12 > 0:22:13when you saw it?
0:22:13 > 0:22:15I liked it because it was a big house,
0:22:15 > 0:22:18and we have different things to do.
0:22:18 > 0:22:22How did you feel when the hammer went down and you knew it was yours?
0:22:22 > 0:22:24I couldn't believe it!
0:22:24 > 0:22:27I asked Jose whether we won the house,
0:22:27 > 0:22:30I wasn't sure if it was for us or not.
0:22:30 > 0:22:32After, of course, I was so happy.
0:22:32 > 0:22:35So for £204,000, were you happy with the price?
0:22:35 > 0:22:37Yes. Really happy.
0:22:37 > 0:22:40- Do you feel you've got a bargain here?- Yes.
0:22:40 > 0:22:42I definitely think so because of the size.
0:22:43 > 0:22:48This is a freehold property, so I think we've done a really good job.
0:22:48 > 0:22:50The couple have the money arranged in principle,
0:22:50 > 0:22:53so thought they were all set for auction day,
0:22:53 > 0:22:57but unfortunately, things didn't run smoothly.
0:22:57 > 0:23:00Once we went to the auction,
0:23:00 > 0:23:02we went to the bank, and the bank
0:23:02 > 0:23:05turned over their decision and said the application was refused.
0:23:05 > 0:23:09So we had to apply to another bank, which was a fast track,
0:23:09 > 0:23:10but hopefully...
0:23:10 > 0:23:12I mean, everything was done perfectly,
0:23:12 > 0:23:16it was really, really fast, but it was really scary.
0:23:16 > 0:23:19Oh, Carolina, how frightened were you?
0:23:19 > 0:23:21I was getting crazy,
0:23:21 > 0:23:25because when you buy in an auction you have a specific time
0:23:25 > 0:23:26to do the whole process, so it was,
0:23:26 > 0:23:28"Oh, maybe we're not going to be on time."
0:23:28 > 0:23:30And you get penalised for that, obviously.
0:23:30 > 0:23:36Yes, we were ten days late, so we have to pay a fine for the ten days.
0:23:36 > 0:23:40So despite having an agreement in place, the couple came unstuck
0:23:40 > 0:23:44and got landed with an extra bill, a horrible experience.
0:23:44 > 0:23:48However, they did finally manage to secure some finance,
0:23:48 > 0:23:51so now that they have the property, what will they do with it?
0:23:53 > 0:23:56The key point that we need to work in is the kitchen.
0:23:56 > 0:23:58We need to make it a little bit brighter
0:23:58 > 0:24:01and a little bit bigger, because it's too small.
0:24:01 > 0:24:04The bathroom as well, because it's on the ground floor,
0:24:04 > 0:24:06so I think we have to place it upstairs.
0:24:06 > 0:24:08# Moving on up
0:24:08 > 0:24:09# Move it on
0:24:09 > 0:24:12# Moving on up. #
0:24:12 > 0:24:13What room are you going to put the bathroom in,
0:24:13 > 0:24:17because obviously you've got three really nice big rooms up there?
0:24:17 > 0:24:22We have this idea to put the bathroom in the lowest bedroom,
0:24:22 > 0:24:24the one at the back.
0:24:24 > 0:24:27Are you talking about losing a bedroom completely?
0:24:27 > 0:24:29- No, definitely not.- Phew!
0:24:29 > 0:24:33We are going to leave a small bedroom, just a single one.
0:24:33 > 0:24:37It's going to be small but next to the bedroom.
0:24:37 > 0:24:40Moving the bathroom upstairs won't be cheap.
0:24:40 > 0:24:43They've already had to find extra funds to cover the penalty payment
0:24:43 > 0:24:47for being ten days late completing.
0:24:47 > 0:24:50So how much have they allocated for the work?
0:24:50 > 0:24:53Ideally, we've got £20,000. For the whole job.
0:24:53 > 0:24:55What is the breakdown of that?
0:24:55 > 0:24:59For the kitchen it is going to be around £8,000 to £10,000.
0:24:59 > 0:25:03I think, for the bathroom, it is going to be around £5,000,
0:25:03 > 0:25:05and the rest is for decoration.
0:25:05 > 0:25:07OK, have you had any costings for that?
0:25:07 > 0:25:09No, we have not right now.
0:25:09 > 0:25:11We have got some appointments with some people,
0:25:11 > 0:25:15and they are going to come and take a look at the house.
0:25:15 > 0:25:17The kitchen and the bathroom are the two main jobs, I think -
0:25:17 > 0:25:20you've got to tackle them. I think you're right in doing that.
0:25:20 > 0:25:21As far as decoration goes,
0:25:21 > 0:25:24you might find yourselves at weekends with a big, old steamer.
0:25:24 > 0:25:26- Exactly.- You might have to do a lot yourselves.
0:25:26 > 0:25:29- Are you prepared for that? - Yes, of course, definitely.
0:25:29 > 0:25:31We have decided to be in the project together and we have to do it
0:25:31 > 0:25:34so that is going to be our plan.
0:25:34 > 0:25:36Guys, I am so excited to find out what you do here.
0:25:36 > 0:25:40- Good luck with this project. Thank you.- Thank you very much.
0:25:40 > 0:25:42- Carolina, lovely to meet you. - Thank you.
0:25:42 > 0:25:46A £20,000 budget sounds realistic for all the work
0:25:46 > 0:25:49Jose and Carolina have planned, but I do worry
0:25:49 > 0:25:53about their financial breakdown, or lack of it. Not having a clear
0:25:53 > 0:25:57structure when it comes to costing can lead to an overspend
0:25:57 > 0:26:00so easily, I know. How will they get on renovating this?
0:26:00 > 0:26:02You can find out later on in the programme.
0:26:05 > 0:26:08Still to come, we see the amazing finished result at this bungalow
0:26:08 > 0:26:13in Kent, almost three years after it was first purchased at auction.
0:26:14 > 0:26:17Then it's back to London to see how Jose
0:26:17 > 0:26:20and Carolina got on with their first auction purchase.
0:26:20 > 0:26:23Have they made a good return on their investment?
0:26:26 > 0:26:29But first, there's no arguing about the budget in Derbyshire.
0:26:29 > 0:26:31We've probably got about another 20...
0:26:31 > 0:26:33- Max.- ..to spend.
0:26:33 > 0:26:35I'm not letting you spend any more.
0:26:40 > 0:26:43We are back in Ilkeston in Derbyshire.
0:26:43 > 0:26:45Earlier, we saw this large semidetached house
0:26:45 > 0:26:48sell for 126,000.
0:26:48 > 0:26:52Schoolteacher Neil bought it as a family home for him,
0:26:52 > 0:26:54his wife Kirsty and their three children.
0:26:54 > 0:26:57It appealed due to its large size, but also
0:26:57 > 0:27:00because the garage was perfect for Neil's hobby.
0:27:03 > 0:27:06What was it you like about it?
0:27:06 > 0:27:08Looking out the window, the garage.
0:27:08 > 0:27:13- Why?- I like building aeroplanes. - What?- I want to build an aeroplane.
0:27:13 > 0:27:16I've started building it on the kitchen table in our own terrace,
0:27:16 > 0:27:18but it's too small to actually assemble anything.
0:27:18 > 0:27:19Like a model aeroplane?
0:27:19 > 0:27:25No, full-scale. A single-seater light aircraft. It's a wooden Spitfire, at the end of day.
0:27:25 > 0:27:28But it wasn't just planes he planned to work on.
0:27:28 > 0:27:29The house has been split up,
0:27:29 > 0:27:33and there was a self-contained ground-floor flat.
0:27:33 > 0:27:36The plan was to turn the whole property into one family home,
0:27:36 > 0:27:41so we went back almost 21 months later to see how they have got on.
0:27:42 > 0:27:47Let's start in the kitchen, which has been opened up and modernised.
0:27:47 > 0:27:51Removing that wall has really made a difference.
0:27:51 > 0:27:53There's a brand-new bathroom on the first floor,
0:27:53 > 0:27:57and there's been some real blue-sky thinking up here.
0:27:57 > 0:28:00The two bedrooms and the toilet were knocked through to create
0:28:00 > 0:28:02a great-sized kid's bedroom.
0:28:03 > 0:28:06The back bedroom is now Kirsty's craft room.
0:28:10 > 0:28:14The bedroom on the top floor has had a spot of redecoration too,
0:28:14 > 0:28:16and it doesn't stop here.
0:28:16 > 0:28:18Let's head back to the ground floor.
0:28:18 > 0:28:20There is a staircase here,
0:28:20 > 0:28:23leading down to what used to be the self-contained flat.
0:28:23 > 0:28:27That's now been transformed into a spacious and bright living room.
0:28:28 > 0:28:31From top to toe, it has been an amazing transformation
0:28:31 > 0:28:33but not without its problems.
0:28:34 > 0:28:37There was a lot of work that needed doing, because it was very damp,
0:28:37 > 0:28:40because they had no heating in this part of the building at all.
0:28:40 > 0:28:43The main work I had to do on this was whoever put the double glazing in
0:28:43 > 0:28:45has just smashed the bricks, so I ended up
0:28:45 > 0:28:48having to learn on the internet how to repair the brickwork
0:28:48 > 0:28:52so that the window would stay there and the bay window didn't fall away,
0:28:52 > 0:28:54because it was actually starting to go away from the building.
0:28:54 > 0:28:56There was a crack appearing on the outside.
0:28:56 > 0:28:58So we have repaired the crack on the outside
0:28:58 > 0:29:00and tied the bay window in good and proper,
0:29:00 > 0:29:03so it's not going to move for the next 100 years at least.
0:29:03 > 0:29:06They also had to address another problem in the house.
0:29:06 > 0:29:10The roof collapsed just after we filmed last time, so that needed
0:29:10 > 0:29:14a quick temporary fix but will need to be replaced in the future.
0:29:14 > 0:29:18Then a plumber friend spotted some problems with the pipework.
0:29:18 > 0:29:21He came in and advised us
0:29:21 > 0:29:25not to switch the gas on, because it looked not too good,
0:29:25 > 0:29:28and when he actually went to dismantle it, he said he didn't
0:29:28 > 0:29:32have to hit it with anything, it just fell apart, the pipes did.
0:29:32 > 0:29:33So if we had turned it on,
0:29:33 > 0:29:35we probably would have blown the place down.
0:29:35 > 0:29:37- And next door as well.- Yes, so...
0:29:37 > 0:29:39# Boom, shake shake shake the room
0:29:39 > 0:29:42# Boom, shake shake shake the room
0:29:42 > 0:29:43# Boom! #
0:29:45 > 0:29:48Joking aside, always ensure that you get your gas appliances
0:29:48 > 0:29:51properly checked when you take over a new property.
0:29:53 > 0:29:57Unfortunately, the problems didn't stop there.
0:29:57 > 0:30:00This was two rooms, the kitchen and dining room separate.
0:30:00 > 0:30:03The back door was actually just there. There was a big window.
0:30:03 > 0:30:05The window is now a patio door.
0:30:05 > 0:30:09I wasn't very sure about turning this into one big room,
0:30:09 > 0:30:12I quite liked the two separate rooms,
0:30:12 > 0:30:14but it turned out that it was lucky that we did knock the wall down,
0:30:14 > 0:30:18because there was an archway with lintels above that weren't supported,
0:30:18 > 0:30:20so they were ready to fall down anyway.
0:30:20 > 0:30:23So it wouldn't have been long before they had come down.
0:30:23 > 0:30:26There has been a long list of issues to resolve,
0:30:26 > 0:30:29so how did that affect their budget?
0:30:29 > 0:30:33They were hoping to spend £25,000 on all the work.
0:30:33 > 0:30:36We spent about 30,000, I think, so far,
0:30:36 > 0:30:38which was a lot more than we were hoping to spend.
0:30:38 > 0:30:41And do bear in mind that they still have got a lot of work to do.
0:30:41 > 0:30:44What do they expect that to cost?
0:30:44 > 0:30:46We've probably got around another 20...
0:30:46 > 0:30:47- Max. - ..to spend.
0:30:47 > 0:30:49I am not letting you spend any more.
0:30:49 > 0:30:51Well, I do not want to spend any more, but it's probably...
0:30:51 > 0:30:54By the time we have fixed the windows and the roof...
0:30:54 > 0:30:57We asked two local property experts for their thoughts
0:30:57 > 0:31:00on the prospects for this place now.
0:31:00 > 0:31:02First impressions are that it's a lovely old house,
0:31:02 > 0:31:05just still needs quite a bit of work doing to it.
0:31:05 > 0:31:09Very well presented property. From the outside, it looks very large
0:31:09 > 0:31:11and a really good size.
0:31:11 > 0:31:15So they seem to think the renovations have really improved it.
0:31:15 > 0:31:17The layout is a really great layout.
0:31:17 > 0:31:20It has got two big reception rooms downstairs,
0:31:20 > 0:31:23a large breakfast kitchen, which is what people look for these days,
0:31:23 > 0:31:24and loads of space upstairs.
0:31:24 > 0:31:28Very impressed by the quality of the kitchen
0:31:28 > 0:31:31and the quality of the front lounge as well.
0:31:31 > 0:31:35What sort of interest might the property attract?
0:31:35 > 0:31:38I think it will appeal to someone who likes older properties,
0:31:38 > 0:31:40but probably most importantly a large family.
0:31:40 > 0:31:42We've got loads of space, loads of bedrooms
0:31:42 > 0:31:44and I think that is who it is most suited to.
0:31:44 > 0:31:47How much could the house earn as a rental?
0:31:47 > 0:31:49If the property came onto the rental market,
0:31:49 > 0:31:52I would put it on at £725 per calendar month.
0:31:52 > 0:31:54If I was to put this house up for rent,
0:31:54 > 0:31:58I would expect it to achieve in the region of £700 per calendar month.
0:31:58 > 0:32:02Taking those top figures and Neil and Kirsty's total spend
0:32:02 > 0:32:08of £156,000 into account, that would mean a yield of around 5.5%.
0:32:08 > 0:32:11So, on to the resale values.
0:32:11 > 0:32:16If everything is finished to the same standard as the kitchen,
0:32:16 > 0:32:19I would expected to achieve within the region of £175,000 to £180,000.
0:32:19 > 0:32:24If it was to be finished like the kitchen is, to that quality,
0:32:24 > 0:32:31I would put this property on the market at £180,000 to get £175,000.
0:32:31 > 0:32:34That figure of 175,000 gives the couple
0:32:34 > 0:32:40a profit of £19,000 minus fees and tax.
0:32:40 > 0:32:41It's not bad, is it?
0:32:41 > 0:32:44Yeah, it kind of doesn't matter
0:32:44 > 0:32:47because we wanted a family home, we got a family home.
0:32:47 > 0:32:51It wasn't about making a profit. We wanted a bigger house
0:32:51 > 0:32:54to move into but we hadn't planned on quite this big
0:32:54 > 0:32:57so the fact that it is worth more than when we bought it
0:32:57 > 0:33:00is neither here nor there, but nice to know.
0:33:00 > 0:33:01Nice to know!
0:33:05 > 0:33:06Back in 2011,
0:33:06 > 0:33:11I visited Littlestone-on-Sea on the Kent coast.
0:33:11 > 0:33:14It's a small and desirable village close to New Romney
0:33:14 > 0:33:17where the locals are, not surprisingly,
0:33:17 > 0:33:19making the most of this beautiful sunshine.
0:33:19 > 0:33:23Well, just half a mile from the seafront in this lovely
0:33:23 > 0:33:27residential area is the property I am here to see. It bodes well.
0:33:27 > 0:33:30Nice properties. Nicely tended gardens.
0:33:30 > 0:33:33The properties themselves look to be in reasonable condition.
0:33:33 > 0:33:38So the guide price for the one I'm here to see is £120,000 to £125,000
0:33:38 > 0:33:42which, for a two-bedroomed dormer bungalow, seems quite cheap.
0:33:44 > 0:33:47Hmm, well, I can see why.
0:33:47 > 0:33:51They always say you should buy the worst house on the best street.
0:33:51 > 0:33:55This is a classic case of that. Let's hope it's better inside.
0:33:56 > 0:34:00With a guide price of £120,000 to £125,000, you might
0:34:00 > 0:34:03look at the auction catalogue and think you're getting a bargain,
0:34:03 > 0:34:07but when something sounds too good to be true, it usually is.
0:34:07 > 0:34:11# It's about to get worse
0:34:11 > 0:34:17# It's about to get worse before it gets better. #
0:34:20 > 0:34:24I really have very low expectations.
0:34:24 > 0:34:28Crikey, look at that ceiling.
0:34:28 > 0:34:30Well, you know, not normally an optional extra
0:34:30 > 0:34:34when you buy a house, but in this one it is.
0:34:34 > 0:34:37And it doesn't look like it's very tidy. Yuck!
0:34:37 > 0:34:41OK, well not that sparkling an introduction to the place.
0:34:41 > 0:34:43In fact, do you know what, given the state of that,
0:34:43 > 0:34:45I'm not even going to go upstairs.
0:34:45 > 0:34:52Let's just make do with exploring the...downstairs.
0:34:52 > 0:34:54# I hope it gets better. #
0:34:56 > 0:35:01So, a living room at the front and a second reception room at the rear.
0:35:01 > 0:35:03Good to see there is a fireplace there.
0:35:03 > 0:35:07The current condition is sadly still the same but as for the room sizes
0:35:07 > 0:35:11and overall potential, I'd say it is looking pretty hopeful.
0:35:14 > 0:35:16Through to the kitchen
0:35:16 > 0:35:20and it doesn't really get much better, as you might expect.
0:35:20 > 0:35:23So it is time to start putting on our rose-tinted spectacles,
0:35:23 > 0:35:25our developer glasses,
0:35:25 > 0:35:27and say, OK, at the moment it is in a right old state.
0:35:27 > 0:35:32That will probably put a lot of people who come to see it off.
0:35:32 > 0:35:35So if we can see through what it is now to what it might become,
0:35:35 > 0:35:41that turns us from being an average person to a proper property person.
0:35:41 > 0:35:43Potential is the operative word here.
0:35:43 > 0:35:47Even though I didn't go upstairs, our camera did.
0:35:47 > 0:35:50The dormer extension upstairs isn't spacious enough
0:35:50 > 0:35:53and the bathroom is pretty tiny but rip it all out,
0:35:53 > 0:35:56get a structural engineer to check the place is sound
0:35:56 > 0:35:59and you could create a light and pleasant space up here.
0:36:01 > 0:36:03# I've got to admit it's getting better
0:36:03 > 0:36:07# It's getting better all the time. #
0:36:08 > 0:36:09You know what?
0:36:09 > 0:36:13I'm more attracted to the exterior of this property than the interior.
0:36:13 > 0:36:15No surprises there, I suppose.
0:36:15 > 0:36:18You've got a garage there at the side of the property and then,
0:36:18 > 0:36:20look at this, lo and behold at the back
0:36:20 > 0:36:22you got this absolutely massive garden.
0:36:22 > 0:36:26It doesn't just end where the bushes are, it goes all the way back,
0:36:26 > 0:36:29it goes all the way to the tree in the distance and even a bit further.
0:36:29 > 0:36:31What is that?
0:36:31 > 0:36:34At least 30 to 40m, over 100 feet, and it is reasonably wide as well
0:36:34 > 0:36:36so great news on lots of levels.
0:36:36 > 0:36:39One, an amenity space, somewhere for the kids to play,
0:36:39 > 0:36:40vegetable plot or whatever.
0:36:40 > 0:36:45But also it gives you space to potentially expand, extend -
0:36:45 > 0:36:47fantastic.
0:36:47 > 0:36:48# It's getting better all the time. #
0:36:50 > 0:36:52You'd want to get an architect on the case
0:36:52 > 0:36:56and submit your plans to the local authority but, if you got
0:36:56 > 0:36:59the permission, this place could turn into something special.
0:37:01 > 0:37:04Well, more than a weekend's work to sort this place out
0:37:04 > 0:37:08and probably not for the inexperienced but, with the right
0:37:08 > 0:37:12amount of effort and money, I think this could be a fabulous place.
0:37:12 > 0:37:16Let's see who fancied the challenge when it went under the hammer.
0:37:18 > 0:37:22Now we move to lot 55, a detached bungalow,
0:37:22 > 0:37:23total refurbishment required.
0:37:23 > 0:37:27We've got a guide of £120,000 to £125,000.
0:37:27 > 0:37:32Start me at 120,000. 110 to start me, then.
0:37:32 > 0:37:36I don't mind where we start. 110 I have. Thank you, at 110 I'm bid.
0:37:36 > 0:37:38110, 115, I have.
0:37:38 > 0:37:41120. 120 is bid.
0:37:41 > 0:37:45125. 125 is bid and 130. 130 I have.
0:37:45 > 0:37:50135. 135 is bid, and 140. Yes?
0:37:50 > 0:37:55137, I don't mind. 140, sir. 138.
0:37:55 > 0:38:02I thought you might. 138, 139, and 140. 140 I'm bid and 141.
0:38:02 > 0:38:08141 I'm bid on the right-hand side at 141. 142 do I see?
0:38:08 > 0:38:14At 141,000, being sold for the first time at 141,000.
0:38:14 > 0:38:20For the second time at 141,000. Third and final time at 141,000.
0:38:20 > 0:38:22Out on my left, are you done?
0:38:22 > 0:38:25Sold at 141,000. And your bidder's number is?
0:38:25 > 0:38:28Letting out a sigh of relief was new owner Steve
0:38:28 > 0:38:32who bought the property for £141,000.
0:38:32 > 0:38:37He and his wife Bernadette plan to make this their new home.
0:38:37 > 0:38:40They've recently moved back to the UK from Australia
0:38:40 > 0:38:43where they lived for the past eight years.
0:38:43 > 0:38:46Bernadette teaches adult literacy and numeracy
0:38:46 > 0:38:49while Steve's background is in the building trade.
0:38:49 > 0:38:51Something tells me he's going to need
0:38:51 > 0:38:53all the know-how he's got for this property.
0:38:53 > 0:38:56I met them at the bungalow to find out more.
0:38:56 > 0:38:59- Steve, Bernadette, lovely to meet you both.- Nice to meet you.
0:38:59 > 0:39:03- Congratulations. I think congratulations.- That's right.
0:39:03 > 0:39:05Yeah, I think so.
0:39:05 > 0:39:07Are you up for a challenge?
0:39:07 > 0:39:10- Yeah, there's nothing wrong with a challenge.- Tell me about you two.
0:39:10 > 0:39:14Well, we've been in the UK for five months. We came back from Australia.
0:39:14 > 0:39:16We've been living there for eight years.
0:39:16 > 0:39:18Steve has been building houses.
0:39:18 > 0:39:20Built a couple of beautiful houses over there
0:39:20 > 0:39:22and we came back to be close to family.
0:39:22 > 0:39:25We only went for a few years and stayed eight years
0:39:25 > 0:39:27so we came back to be near everybody.
0:39:27 > 0:39:28I see, so you're a builder?
0:39:28 > 0:39:31Yes, I sort of transferred my skills that way in Australia
0:39:31 > 0:39:34and ran my own business building
0:39:34 > 0:39:38and will now bring those skills back here and plough away.
0:39:38 > 0:39:41Those skills will be a vital bonus for this property
0:39:41 > 0:39:43where there is a lot of work to do.
0:39:43 > 0:39:45So why did you want to buy this place?
0:39:45 > 0:39:48It ticked lots of the boxes we needed.
0:39:48 > 0:39:51We needed a nice-sized garden for our two golden retrievers.
0:39:51 > 0:39:54I wanted the garage so I could work on cars
0:39:54 > 0:39:56and things later on down the line when the house is finished.
0:39:56 > 0:40:00We only needed a small house for the pair of us, really,
0:40:00 > 0:40:03and we think we can make it into a very nice home for the pair of us.
0:40:03 > 0:40:05Had you been to see it before you bought it?
0:40:05 > 0:40:07Yes, we had to squeeze our way through
0:40:07 > 0:40:10the hedge across the front which was fully overgrown then
0:40:10 > 0:40:13and I sort of said, "Yeah, this is the place," as soon as I walked in
0:40:13 > 0:40:15the front door really, you know.
0:40:15 > 0:40:18- Most people would go, "This is not the place."- Exactly that.
0:40:18 > 0:40:21People walking out saying, "This is too much for me.
0:40:21 > 0:40:24"I can't stand the sound of rats running around," and that sort of thing.
0:40:24 > 0:40:26- What?- Down here and just through there.
0:40:26 > 0:40:29The house was full of rubbish, it was absolutely full of rubbish.
0:40:29 > 0:40:32- There was rats running around. - You saw rats?
0:40:32 > 0:40:34Yes, we actually saw rats, yes.
0:40:34 > 0:40:37# There's a rat in the kitchen what am I going to do? #
0:40:37 > 0:40:41Oh, dear, this really is a house of horrors! And even once
0:40:41 > 0:40:46everything has been ripped out, there's still lots to be done here.
0:40:46 > 0:40:49Tell me exactly what you're going to do, then, to sort it out.
0:40:49 > 0:40:53- Well, we were hoping you would come up with a few ideas.- Bulldozer?
0:40:53 > 0:40:55That's it. That's one of the options.
0:40:55 > 0:40:57We're going to leave the front lounge
0:40:57 > 0:41:00as a separate room at the moment and use that as an office
0:41:00 > 0:41:01because we both need that space
0:41:01 > 0:41:04and we're going to knock the kitchen into the other room
0:41:04 > 0:41:07and make it into a bigger lounge and then put a single-storey
0:41:07 > 0:41:09extension on the back for a kitchen and dining room.
0:41:09 > 0:41:14- We've got quite a tight schedule, really, for ten weeks.- Ten weeks?
0:41:14 > 0:41:17Ten weeks we want to be in, because that suits us
0:41:17 > 0:41:19with the rental property we are in at the moment.
0:41:19 > 0:41:22They had a budget of £120,000 for the house
0:41:22 > 0:41:27and £15,000 for the extension, but that ten-week schedule?
0:41:27 > 0:41:30When we returned to see how they got on 14 weeks later, well,
0:41:30 > 0:41:33the house had certainly been transformed,
0:41:33 > 0:41:36but there was no extension to be seen at the back of the bungalow.
0:41:43 > 0:41:46Inside, they had put all their efforts into creating
0:41:46 > 0:41:48a lovely family home.
0:41:48 > 0:41:51The couple really have done an amazing job here.
0:41:53 > 0:41:58They replastered, rewired and replumbed throughout.
0:42:01 > 0:42:04It's as if they'd waved a magic wand.
0:42:05 > 0:42:09The bathroom was really contemporary and stylish but they still
0:42:09 > 0:42:13needed to do the finishing touches to the decor throughout.
0:42:13 > 0:42:15So what about the bedrooms?
0:42:24 > 0:42:27As you can see, the bedrooms were not quite finished
0:42:27 > 0:42:28but were well on their way.
0:42:28 > 0:42:31The couple were pleased with their progress.
0:42:31 > 0:42:34There's no comparison, is there, from what it was like before?
0:42:34 > 0:42:36It's certainly different now.
0:42:36 > 0:42:39It's become our home now, and we're really quite pleased with it.
0:42:39 > 0:42:43The little features that we thought about on day one are starting to come
0:42:43 > 0:42:47to fruition and it will all come together at the very end, we hope.
0:42:47 > 0:42:50Hopefully. It's going on quite well.
0:42:50 > 0:42:53That ten-week schedule proved to be a bit ambitious when it came
0:42:53 > 0:42:58to getting the extension built on top of all the other renovations.
0:42:58 > 0:43:01The idea was for it to be the kitchen and dining area.
0:43:01 > 0:43:05That meant coping without a kitchen so takeaways were essential.
0:43:05 > 0:43:10The good news was that the budget was on track so far.
0:43:10 > 0:43:14We've actually only spent about £16,500 so far
0:43:14 > 0:43:18and I think I'll probably get to that £17,500
0:43:18 > 0:43:22and then I will spend a similar amount on the extension.
0:43:22 > 0:43:27That would take their total budget up to his previous estimate
0:43:27 > 0:43:29of £35,000 once the extension is built.
0:43:29 > 0:43:32The couple have made an amazing transformation
0:43:32 > 0:43:35of this dilapidated house, but there was still a long way to go.
0:43:35 > 0:43:37When would the takeaway menus be binned?
0:43:37 > 0:43:41Well, it was to be another two years before they finished.
0:43:41 > 0:43:44Stay with us to see the fabulous result.
0:43:47 > 0:43:51All our buyers will be hoping that their journeys have been successful
0:43:51 > 0:43:54and they made the right turns along the way.
0:43:54 > 0:43:57Decisions, decisions. Did they make the right ones?
0:43:57 > 0:44:00Let's go back and find out.
0:44:00 > 0:44:02My sat nav was adamant.
0:44:02 > 0:44:06Catford in south-east London is nowhere near the Isle Of Dogs
0:44:06 > 0:44:10or Battersea Dogs' Home. But Jose and his wife Carolina
0:44:10 > 0:44:14bought this three-bed terrace for £204,000 as an investment.
0:44:14 > 0:44:18The couple had moved to London from Columbia four years earlier
0:44:18 > 0:44:21and now help Colombian students find universities
0:44:21 > 0:44:27and accommodation in the UK. So is this property for you to live in?
0:44:27 > 0:44:29We are not sure about that.
0:44:29 > 0:44:32At the beginning, we were thinking about moving in to live here
0:44:32 > 0:44:36for a while, but later on maybe we could find something else.
0:44:36 > 0:44:38Carolina, what was it about this property that you liked
0:44:38 > 0:44:39when you saw it?
0:44:39 > 0:44:45I like because it is a big house and we have different things to do.
0:44:45 > 0:44:47Yes, she was right about that.
0:44:47 > 0:44:51Polystyrene tiles, rundown lean-to, dated decor and a bar
0:44:51 > 0:44:56all needed to be removed, and the house to be rejigged.
0:44:56 > 0:45:00The kitchen was pokey and the bathroom needed to be upstairs.
0:45:00 > 0:45:04The list was long, and all to be done on a budget of 20 grand.
0:45:07 > 0:45:1018 months later, this Catford house is looking purr-fect,
0:45:10 > 0:45:14with a smart front garden and new windows.
0:45:16 > 0:45:19The garden was always a good size and now Jose and Carolina
0:45:19 > 0:45:22and Laurie can really enjoy it.
0:45:25 > 0:45:27That tacked-on wooden lean-to has gone
0:45:27 > 0:45:32and patio doors now bring the garden into what was the former bathroom.
0:45:34 > 0:45:36Yes, it's been moved upstairs,
0:45:36 > 0:45:39and this sumptuous kitchen has been created.
0:45:47 > 0:45:49There is now a loo under the stairs
0:45:49 > 0:45:51and this lovely bathroom upstairs.
0:45:53 > 0:45:57I think this is a great result, so how did they achieve it?
0:45:58 > 0:46:01Basically what we've done in order to create
0:46:01 > 0:46:04the bathroom on the first floor, which was really important,
0:46:04 > 0:46:07we have to use the back bedroom, which was big.
0:46:07 > 0:46:10Basically, we created a partition to create the bathroom
0:46:10 > 0:46:14and that room was without windows so we created a window as well.
0:46:14 > 0:46:18We're really happy that we managed to move the bathroom to the first floor.
0:46:18 > 0:46:21I think the space works really well.
0:46:21 > 0:46:24Really impressive to have got the bathroom upstairs,
0:46:24 > 0:46:28a downstairs loo, and still kept a third bedroom.
0:46:28 > 0:46:31It was the very best way to increase the value of this property.
0:46:31 > 0:46:34The other two double bedrooms are a good size
0:46:34 > 0:46:36and are really light and airy.
0:46:36 > 0:46:38The house has been rewired throughout
0:46:38 > 0:46:41and there are new radiators as well.
0:46:41 > 0:46:42Back downstairs, well,
0:46:42 > 0:46:48if you were a fan of that bar or serving hatch, look away now.
0:46:48 > 0:46:51They've gone, and now there is a really nice bright living space
0:46:51 > 0:46:54with a lovely fireplace to finish things off.
0:46:54 > 0:46:59It's a great transformation from the very dated house we first saw.
0:46:59 > 0:47:02The project was delayed by about four months as the original builder
0:47:02 > 0:47:06Jose hired left and he had to find a replacement to finish the work.
0:47:06 > 0:47:10All very stressful, especially as the couple were living here
0:47:10 > 0:47:11throughout the renovation.
0:47:11 > 0:47:13It was very difficult,
0:47:13 > 0:47:20- but after we got the right team we started enjoying the project.- Yeah.
0:47:20 > 0:47:21Well, it's time to celebrate,
0:47:21 > 0:47:23and this kitchen is the perfect party room.
0:47:23 > 0:47:28- # Kissing in the kitchen - Kissing in the kitchen
0:47:28 > 0:47:32- # Kissing in the kitchen - In the kitchen, woo! #
0:47:32 > 0:47:36OK, party over and back to business. What impact did
0:47:36 > 0:47:40the change of builder have on their budget and the build time?
0:47:40 > 0:47:44At the beginning we were expecting to spend just £20,000.
0:47:44 > 0:47:48Our timescale was up to six months for the whole project
0:47:48 > 0:47:51but, obviously, since we started the project,
0:47:51 > 0:47:57the budget will have to stretch much more so we went up to £45,000
0:47:57 > 0:48:00and the whole project took over a year
0:48:00 > 0:48:03because...we never thought it was going to be that much work
0:48:03 > 0:48:06and that difficult, because it is our first project.
0:48:08 > 0:48:11With the 204,000 they paid at auction,
0:48:11 > 0:48:15that takes their total outlay to 249,000.
0:48:15 > 0:48:17It's been a team effort.
0:48:17 > 0:48:21While Jose was project manager and helped the second builder,
0:48:21 > 0:48:26Carolina has been looking after the design. So how tricky was that?
0:48:26 > 0:48:28It was quite difficult
0:48:28 > 0:48:32because we didn't have any experience about building
0:48:32 > 0:48:35but we choose everything really careful
0:48:35 > 0:48:41and we tried to have as much light as we can.
0:48:43 > 0:48:45The couple were looking to sell
0:48:45 > 0:48:47so it is time for some valuations
0:48:47 > 0:48:49by two local estate agents.
0:48:49 > 0:48:51The layout works really well.
0:48:51 > 0:48:53The fact that the kitchen has been opened up gives you
0:48:53 > 0:48:56the feeling of light and air and space.
0:48:56 > 0:48:58It's very open, it's very welcoming.
0:48:58 > 0:49:01The standard of finish here is brilliant.
0:49:01 > 0:49:04The kitchen works really well. The garden is nicely landscaped.
0:49:04 > 0:49:07The fact that the bathroom is now upstairs is much better.
0:49:07 > 0:49:10How much could the property be worth now?
0:49:10 > 0:49:13More than the £249,000 the couple invested?
0:49:15 > 0:49:17This property could resell
0:49:17 > 0:49:20for anything between £330,000 to £350,000.
0:49:20 > 0:49:26This property would resell for £330,000 to £350,000.
0:49:26 > 0:49:29We had something in mind around that figure
0:49:29 > 0:49:32and we currently have an offer for £355,000.
0:49:32 > 0:49:37If they do sell at £355,000,
0:49:37 > 0:49:43there's a £106,000 profit to look forward to before tax and expenses.
0:49:45 > 0:49:50Jose and Carolina's investment property has turned out just fine
0:49:50 > 0:49:54with a decent profit, even after the overspend and delay.
0:49:55 > 0:50:00And it sounds like they've already got their next project all lined up.
0:50:01 > 0:50:03We bought already one property
0:50:03 > 0:50:04not far from here which is going really well.
0:50:04 > 0:50:08We are not going to live in that property, definitely.
0:50:08 > 0:50:11We wouldn't do it again. But, yes, it's going really well.
0:50:16 > 0:50:18Now back to Littlestone-on-Sea,
0:50:18 > 0:50:21a desirable coastal village near Romney in Kent.
0:50:22 > 0:50:25Back in 2011, we saw Steve
0:50:25 > 0:50:30and his wife Bernadette buy this property at auction for £141,000.
0:50:30 > 0:50:35They'd moved back from Australia to set up home after eight years away.
0:50:35 > 0:50:38They bought this dilapidated dormer bungalow to turn into
0:50:38 > 0:50:42their new family home, but boy, oh, boy, it needed a lot of work.
0:50:42 > 0:50:45Luckily, Steve's a builder.
0:50:45 > 0:50:48But his skills were really going to be tested here.
0:50:51 > 0:50:53- Had you been to see it before you bought it?- Yes.
0:50:53 > 0:50:56We had to squeeze our way through the hedge across the front,
0:50:56 > 0:50:58which was fully overgrown then.
0:50:58 > 0:51:00I sort of said, "Yeah, this is the place"
0:51:00 > 0:51:03as soon as I walked in the front door, really.
0:51:03 > 0:51:05When most people were going, "This is NOT the place!"
0:51:05 > 0:51:07Exactly that.
0:51:07 > 0:51:10People were walking out saying, "This is too much for me."
0:51:10 > 0:51:15- The rats were running around and that sort of thing.- What?- Down here...
0:51:15 > 0:51:17- The house was full of rubbish, wasn't it?- You saw rats?
0:51:17 > 0:51:19We could actually see rats, yes.
0:51:22 > 0:51:25With Steve doing most of the work himself, they could think about
0:51:25 > 0:51:30turning this into their dream home and already had their master plan.
0:51:30 > 0:51:33We're going to leave the front lounge as it is,
0:51:33 > 0:51:36as a separate room at the moment and use it as an office,
0:51:36 > 0:51:38because we both need that space.
0:51:38 > 0:51:40We're going to knock the kitchen into the other room
0:51:40 > 0:51:43and make it into a bigger lounge and then put a single-storey extension
0:51:43 > 0:51:45on the back for a kitchen and dining room.
0:51:45 > 0:51:49- We've got quite a tight schedule really, for ten weeks.- Ten weeks?
0:51:49 > 0:51:52- We want to be in.- Wow.
0:51:52 > 0:51:56That suits us with the rental property that we're in at the moment.
0:51:56 > 0:52:00Then we'll have started the extension, as well,
0:52:00 > 0:52:01so we'll see how it goes.
0:52:01 > 0:52:05Ten weeks did prove rather tight, because when we rejoined them,
0:52:05 > 0:52:09initially 14 weeks later, although there had been a vast improvement,
0:52:09 > 0:52:12they hadn't quite finished the decoration.
0:52:12 > 0:52:16Also, there was no sign of that extension being started
0:52:16 > 0:52:18and more worryingly, no kitchen, either.
0:52:18 > 0:52:21They were living off microwave meals and takeaways
0:52:21 > 0:52:23until that extension was built.
0:52:23 > 0:52:26So we thought it was definitely worth another visit to see
0:52:26 > 0:52:28if they were finally able to switch on the kettle,
0:52:28 > 0:52:31put up their feet and enjoy their dream home.
0:52:31 > 0:52:34Almost two years on from when they first bought it,
0:52:34 > 0:52:36I'm pleased to say that yes, they can!
0:52:36 > 0:52:42# I'll see you in my dreams
0:52:45 > 0:52:52# And I'll hold you in my dreams... #
0:52:54 > 0:52:56Since the last time you was here,
0:52:56 > 0:52:58we've made lots of changes to the house.
0:52:58 > 0:53:01The main one being the extension which has allowed us
0:53:01 > 0:53:06to have a kitchen. A downstairs shower room has been completed now.
0:53:06 > 0:53:10The porch on the front, we've completed the garden patio now.
0:53:10 > 0:53:13That's a nice area to sit out on now.
0:53:16 > 0:53:19And of course, they've had the time to get settled in
0:53:19 > 0:53:21and fully furnish and decorate all the rooms.
0:53:21 > 0:53:25It's a terrific and tasteful modern, chic look.
0:53:33 > 0:53:35Their biggest change has been the completion of that extension
0:53:35 > 0:53:38and a fabulous new kitchen.
0:53:38 > 0:53:42- It's a wonderful space for family and friends to gather.- It's great.
0:53:42 > 0:53:44I love it.
0:53:44 > 0:53:48It's a great kitchen and it's been designed really well,
0:53:48 > 0:53:52so I think it works well and it's nice to be in there
0:53:52 > 0:53:56just doing things with other people and a cup of tea or glass of wine.
0:53:56 > 0:53:59- A great social space, isn't it?- Good for me - I get lots of nice cakes!
0:53:59 > 0:54:01I'm very happy!
0:54:03 > 0:54:06We also had to make the roof nice and high for the light
0:54:06 > 0:54:09- that we were given. - That's right, yeah.
0:54:12 > 0:54:15Yes, that's right - they actually raised the ceiling height
0:54:15 > 0:54:17so they could fit in that chandelier -
0:54:17 > 0:54:19a gift from Steve's son.
0:54:19 > 0:54:23We went over to South Africa to Steve's son's wedding
0:54:23 > 0:54:27and they bought a house over there and when we were in the house,
0:54:27 > 0:54:30we saw the chandelier and I said I liked it.
0:54:30 > 0:54:33They said they really wanted it to go because it was in the way,
0:54:33 > 0:54:38in the wrong place and wasn't their style of light fitment, so we
0:54:38 > 0:54:44brought it home with us, packed into our suitcases and it really looks...
0:54:44 > 0:54:47Goes very well with the kitchen and is a great feature,
0:54:47 > 0:54:49so we're really pleased it's there.
0:54:51 > 0:54:54I'm not sure if I've ever heard of a room being
0:54:54 > 0:54:56designed around a light fitting before!
0:54:56 > 0:54:59You could say it's a case of the tail wagging the dog.
0:54:59 > 0:55:01But oh, sweetie! It works.
0:55:01 > 0:55:05It just adds to making this their dream family home.
0:55:05 > 0:55:08So now it's finished and with all those extra little bits
0:55:08 > 0:55:10of work done, how has their original budget fared?
0:55:12 > 0:55:16My overall budget was going to be 35,000.
0:55:16 > 0:55:21I think that I've spent a bit more than that. Including the extension...
0:55:21 > 0:55:26I think it was probably nearer 10,000 on that...
0:55:26 > 0:55:28- About 40.- Yeah, 45.
0:55:28 > 0:55:31We've done a lot more with that than actually we originally intended.
0:55:31 > 0:55:36- Yeah.- We didn't plan to do the patio and garden,
0:55:36 > 0:55:38and that's been quite expensive.
0:55:39 > 0:55:43If we take Steven's calculation of a £45,000 spend,
0:55:43 > 0:55:47coupled with the purchase price of 141,000 they paid at auction,
0:55:47 > 0:55:50that means a total outlay of £186,000.
0:55:51 > 0:55:53Obviously, this is their family home,
0:55:53 > 0:55:56so they have no immediate plans to move on for now.
0:55:58 > 0:55:59But out of interest,
0:55:59 > 0:56:03let's ask two local property experts for their thoughts on the work
0:56:03 > 0:56:06and whether it has increased the value of this place.
0:56:08 > 0:56:10Absolutely gorgeous. Fantastic.
0:56:10 > 0:56:13Love it. I love what they've done.
0:56:13 > 0:56:16Nice space, lots of airy windows.
0:56:16 > 0:56:19Done an excellent job and a high level of fit out, which is
0:56:19 > 0:56:20- really good.- Fantastic property,
0:56:20 > 0:56:23really well finished.
0:56:23 > 0:56:27The extension is fantastic family space for somebody.
0:56:27 > 0:56:30Location of the property is also very good.
0:56:30 > 0:56:32You've also got a very nice sized garden too,
0:56:32 > 0:56:35so a fantastic all-round property.
0:56:35 > 0:56:38The new extension makes a huge difference to this property.
0:56:38 > 0:56:41You've got a nice open-plan kitchen now, makes it nice and airy
0:56:41 > 0:56:44and makes a big difference to the overall
0:56:44 > 0:56:45size of the property as well.
0:56:45 > 0:56:48The extension is a fantastic space, ideally,
0:56:48 > 0:56:50because you can cook in it whilst talking to dinner guests
0:56:50 > 0:56:55and visitors to the property, so it's a very good entertaining space.
0:56:55 > 0:56:58Well, Steve and Bernadette are getting the thumbs-up
0:56:58 > 0:57:03for all their hard work. Let's hear some actual valuations.
0:57:03 > 0:57:06Remember, their total spend has been £186,000,
0:57:06 > 0:57:08so what could this place sell for?
0:57:09 > 0:57:15I think the property would sell for between £230,000 and £240,000.
0:57:15 > 0:57:19We'd look at marketing this property for £235,000
0:57:19 > 0:57:22and look to achieve around £230,000.
0:57:22 > 0:57:29# I'll see you in my dreams. #
0:57:29 > 0:57:33That top figure of £240,000 could see them
0:57:33 > 0:57:38achieve a profit of £54,000, minus the usual fees and tax, of course.
0:57:38 > 0:57:43- But they don't sound tempted to move just yet.- We're pretty happy.
0:57:43 > 0:57:47- Yes, we're very lucky. - That's the word. Very lucky.
0:57:47 > 0:57:49It's all gone well, you know.
0:57:52 > 0:57:55Well, it's the end of the road for our buyers in today's programme,
0:57:55 > 0:57:57but there's plenty more from where they came from.
0:57:57 > 0:58:00Oh, yes, and to find out what happens to them,
0:58:00 > 0:58:02join us next time on Homes under the Hammer.
0:58:02 > 0:58:03- Goodbye.- Goodbye!
0:58:05 > 0:58:08Subtitles by Red Bee Media Ltd