0:00:02 > 0:00:03Hello, and welcome to the show.
0:00:03 > 0:00:05Now, if you're interested in buying property,
0:00:05 > 0:00:07you'll want to make sure you do that at the right price.
0:00:07 > 0:00:10How do you know what the market is doing? Is it going up?
0:00:10 > 0:00:11Or is it going down?
0:00:11 > 0:00:15One way to find out is to take a trip to your local auction house.
0:00:41 > 0:00:43Auctions are really exciting,
0:00:43 > 0:00:46and you could easily be tempted to buy.
0:00:46 > 0:00:49But to guarantee success, you need to do your homework first.
0:00:49 > 0:00:51Let's find out what properties
0:00:51 > 0:00:54created interest at the auctions on today's show.
0:00:56 > 0:01:00There are big decisions to be made at this farmhouse in Kent,
0:01:00 > 0:01:02but who's going to make them?
0:01:02 > 0:01:04There probably will be a few arguments,
0:01:04 > 0:01:06but because there are five of us,
0:01:06 > 0:01:09there will always be a casting vote, I think, so...
0:01:10 > 0:01:13There's space to consider in Stoke.
0:01:13 > 0:01:15It's an attic space.
0:01:17 > 0:01:19But there's no doubt about what needs to be changed
0:01:19 > 0:01:22in this former council house in Cumbria.
0:01:22 > 0:01:25Oooh, lovely. Burgundy-coloured suite.
0:01:27 > 0:01:30These properties were all bought at auction.
0:01:30 > 0:01:32We'll find out who bought them and for how much
0:01:32 > 0:01:35when they went under the hammer.
0:01:35 > 0:01:36£140,000, sir. Well done.
0:01:39 > 0:01:42I'm in Kent, in the popular market town of Sandwich.
0:01:42 > 0:01:45And I've got a big appetite for finding a property
0:01:45 > 0:01:48that I can really get my teeth stuck into.
0:01:50 > 0:01:53In medieval times, Sandwich was once a thriving port,
0:01:53 > 0:01:58and in 1255, a strange cargo arrived at the quay.
0:01:58 > 0:02:02The first elephant ever to arrive on English soil
0:02:02 > 0:02:06was sent here as a gift for Henry III from the French King,
0:02:06 > 0:02:10and was then taken on foot from Sandwich to the King's zoo
0:02:10 > 0:02:12at the Tower of London.
0:02:12 > 0:02:14Well, I'm not going to walk quite that far today.
0:02:14 > 0:02:16The property I'm here to see
0:02:16 > 0:02:19is just five minutes from this town centre.
0:02:19 > 0:02:22Well, I just hope they didn't make the elephant
0:02:22 > 0:02:25carry its own trunk all the way to London.
0:02:25 > 0:02:26# Not even an elephant
0:02:26 > 0:02:28# You won't look very elegant
0:02:28 > 0:02:31# If you dredge the water from his trunk
0:02:31 > 0:02:33# And don't provoke a bird
0:02:33 > 0:02:35# I wouldn't even stir
0:02:35 > 0:02:38# Cos he might take offence and you'd be sunk... #
0:02:40 > 0:02:44So, here it is. It's a pair of semis.
0:02:44 > 0:02:48Well, it looks like one big old farmhouse.
0:02:48 > 0:02:52Now, it could be very attractive from the outside.
0:02:52 > 0:02:57The guide price at auction was set at £150 to £160,000.
0:02:57 > 0:03:00You're surrounded by all these fields.
0:03:00 > 0:03:01I'm quite excited.
0:03:03 > 0:03:06But before I get overexcited... A-ha.
0:03:06 > 0:03:10Now, the first problem before I even get in the front door -
0:03:10 > 0:03:13cracks, lots of them.
0:03:13 > 0:03:15Come and have a look at this. Look.
0:03:15 > 0:03:17Now, it really does concern me,
0:03:17 > 0:03:20because you can see the lintel is actually cracked.
0:03:20 > 0:03:22Look. There's a big one there.
0:03:22 > 0:03:24Over here, even down on here.
0:03:24 > 0:03:27Is there problems with the foundations?
0:03:27 > 0:03:31Has this house moved? Does it have subsidence?
0:03:31 > 0:03:33I'd definitely want to get that looked at thoroughly
0:03:33 > 0:03:36before I even thought about buying this.
0:03:37 > 0:03:40There is an air of abandonment about this property.
0:03:40 > 0:03:42It's been split into two houses,
0:03:42 > 0:03:45and it's been a while since anyone showed either a bit of love.
0:03:48 > 0:03:53# Everyone calls at the house
0:03:53 > 0:03:56# The house where nobody lives... #
0:03:58 > 0:04:01So, front door to cottage number one,
0:04:01 > 0:04:03straight into the lounge here.
0:04:03 > 0:04:06Not a bad space. Little bit disappointing, actually.
0:04:06 > 0:04:09I thought there might be a bit more character,
0:04:09 > 0:04:12a nicer fireplace, traditional windows perhaps.
0:04:12 > 0:04:14You do have a nice outlook -
0:04:14 > 0:04:17a lovely big field, lots of open space to look at.
0:04:17 > 0:04:20Bit of storage in here, but I can see there is a heater,
0:04:20 > 0:04:22so there's no central heating.
0:04:22 > 0:04:24It feels cold.
0:04:24 > 0:04:27It feels as though nobody has lived in here for many years.
0:04:27 > 0:04:30But a nice, spacious kitchen. Really good size.
0:04:30 > 0:04:36Downstairs bathroom, and no access to out there,
0:04:36 > 0:04:41because that little bit of garden belongs to house number two,
0:04:41 > 0:04:43which is round there.
0:04:43 > 0:04:45A bit of a shame, that.
0:04:45 > 0:04:48However, this cottage does come with the land to the front,
0:04:48 > 0:04:50so it's not all bad news.
0:04:50 > 0:04:53Well, unless you don't have a lawn mower, that is.
0:04:53 > 0:04:56# The weeds that grow up
0:04:56 > 0:05:01# Just as high as the door... #
0:05:01 > 0:05:04So, upstairs in the cottage, you've got two double bedrooms.
0:05:04 > 0:05:06Really good sizes, actually.
0:05:06 > 0:05:11And I think, once upon a time, this area was completely boarded-up.
0:05:11 > 0:05:13But if I was to open the door...
0:05:13 > 0:05:14# Da, da, daaa! #
0:05:14 > 0:05:20Look! That is cottage number two.
0:05:20 > 0:05:22And what a state.
0:05:24 > 0:05:25What a contrast.
0:05:25 > 0:05:27The first cottage needed modernising,
0:05:27 > 0:05:31but this needs, well, a complete renovation.
0:05:31 > 0:05:34# The house on my block
0:05:35 > 0:05:39# That's abandoned and cold
0:05:41 > 0:05:45# And the folks moved out of it a long time ago... #
0:05:45 > 0:05:48The property was originally one farmhouse,
0:05:48 > 0:05:51which has been extended and then subdivided over the years.
0:05:51 > 0:05:55But there are definitely bits of history here I could well do without.
0:05:55 > 0:06:01# It looks like it's haunted with the windows all cracked... #
0:06:01 > 0:06:05Like its neighbour, it's got two double bedrooms upstairs,
0:06:05 > 0:06:09and a living room, kitchen and bathroom downstairs.
0:06:09 > 0:06:11And it's in a sorry old state.
0:06:11 > 0:06:14But there are also layout problems to fix.
0:06:14 > 0:06:17The two upper bedroom windows on the left
0:06:17 > 0:06:19belong to cottage number one.
0:06:19 > 0:06:22But the lower right-hand window is this cottage's living room.
0:06:22 > 0:06:26And the windows downstairs to the left belong to the second cottage.
0:06:26 > 0:06:30Are you keeping up? It's not really working, is it?
0:06:30 > 0:06:36Also with this lot, well, you get a huge barn.
0:06:36 > 0:06:39It looks nice, but it takes up most of the garden space,
0:06:39 > 0:06:43so I think I'd be inclined to probably get rid of it,
0:06:43 > 0:06:46so that leaves us with these two cottages.
0:06:46 > 0:06:50Now, you could make it into one big, large family dwelling.
0:06:50 > 0:06:52You would need planning permission to do that,
0:06:52 > 0:06:54and sometimes councils are not that keen
0:06:54 > 0:06:56to lose housing stock in this way.
0:06:56 > 0:07:00But I think, in this case, where the property was so obviously
0:07:00 > 0:07:03one house originally, I think you might just get the go-ahead.
0:07:03 > 0:07:05Whether it is financially the best option,
0:07:05 > 0:07:07well, that's another matter.
0:07:07 > 0:07:11Or how about losing the barn, as I suggested earlier,
0:07:11 > 0:07:13and - come with me -
0:07:13 > 0:07:16extending right the way out to the side here
0:07:16 > 0:07:19and squeezing in another cottage down there.
0:07:19 > 0:07:21Then you could make three.
0:07:21 > 0:07:23You've got quite a lot of options with this plot,
0:07:23 > 0:07:25and it all depends on what your requirements are,
0:07:25 > 0:07:28and if profit is important to you.
0:07:28 > 0:07:30MUSIC: "2 Become 1" by The Spice Girls
0:07:30 > 0:07:33So, it's one house, two semis or a three-cottage terrace.
0:07:33 > 0:07:38With a guide price of between £150,000 to £160,000,
0:07:38 > 0:07:41there could be a good investment here.
0:07:41 > 0:07:44The question is, which is the right one?
0:07:44 > 0:07:48Perhaps a local property expert could solve the puzzle.
0:07:48 > 0:07:50I think with this house,
0:07:50 > 0:07:56it stands well as a pair, and has been used as that for many years.
0:07:56 > 0:07:58It would make sense to continue that use,
0:07:58 > 0:08:01and if it were one large house,
0:08:01 > 0:08:04the garden would actually be quite small for a family house.
0:08:04 > 0:08:08And does he think a third cottage instead of that barn would work?
0:08:09 > 0:08:12Probably the footprint here is too small to add substantially.
0:08:12 > 0:08:16I think it's a question of adapting the space that you have here.
0:08:16 > 0:08:20Supposing the cottages remained as two-bedroom semis,
0:08:20 > 0:08:22what would they rent for?
0:08:22 > 0:08:26Rental value of a two-bed cottage with parking here in Sandwich
0:08:26 > 0:08:29is going to be region £600 per calendar month.
0:08:30 > 0:08:32And what if it was resold?
0:08:32 > 0:08:35A two-bedroom cottage here with parking
0:08:35 > 0:08:40is going to be £165,000 to £175,000 each.
0:08:41 > 0:08:43But what if the new owner
0:08:43 > 0:08:45did decide to join the cottages back up again?
0:08:45 > 0:08:48If this was made into a nice four-bedroom house
0:08:48 > 0:08:49and with the benefit of the barn,
0:08:49 > 0:08:52it's going to be certainly £400,000.
0:08:53 > 0:08:57Well, will two become one, or even three?
0:08:57 > 0:09:01Will this duo of cottages become one big family house,
0:09:01 > 0:09:04or will the new owner decide two separate semis
0:09:04 > 0:09:06is the best way to go?
0:09:06 > 0:09:07Whatever option they go for,
0:09:07 > 0:09:10they have got a lot of work to do first,
0:09:10 > 0:09:13so, let's find out who bought it at the auction.
0:09:13 > 0:09:16Got a guide of £150,000 to £160,000, and what may I say?
0:09:16 > 0:09:19Does that mean £140,000? £140,000, thank you.
0:09:19 > 0:09:22£144,000 is bid. And £146,000.
0:09:22 > 0:09:25£146,000. And £148,000. £148,000.
0:09:25 > 0:09:28And £150,000. Yes? £150,000.
0:09:28 > 0:09:31£152,000. No? At £150,000.
0:09:31 > 0:09:34Gentleman's bid on my right-hand side.
0:09:34 > 0:09:36£152,000. And £155,000.
0:09:36 > 0:09:40£158,000. £158,000. And £160,000.
0:09:40 > 0:09:42£162,000. He's come back.
0:09:42 > 0:09:46£162,000 the bid. £165,000, sir. £165,000.
0:09:46 > 0:09:49£168,000. He's still out walking away.
0:09:49 > 0:09:52At £165,000, then, for the first time.
0:09:52 > 0:09:56£165,000 for the second time.
0:09:56 > 0:09:59£165,000 third and final time.
0:09:59 > 0:10:04Are you all done? Sold at £165,000.
0:10:04 > 0:10:06And that successful bid was from Oliver.
0:10:06 > 0:10:10He paid £165,000 for the cottages.
0:10:10 > 0:10:12Oliver is a retired building surveyor
0:10:12 > 0:10:16and has bought the property with his wife and three of his children.
0:10:17 > 0:10:20I met up with them to find out what their plans were.
0:10:20 > 0:10:23First, I chatted to Oliver and wife Amanda.
0:10:23 > 0:10:27Congratulations. You bought yourself something serious here at auction.
0:10:27 > 0:10:29Is this a family affair?
0:10:29 > 0:10:31Have you all pulled together as a family to buy this?
0:10:31 > 0:10:33Yes, we have.
0:10:33 > 0:10:35All of our children inherited some money from a relative
0:10:35 > 0:10:38a few years ago. It's been sitting in the bank since then.
0:10:38 > 0:10:40We've been talking about the idea
0:10:40 > 0:10:42of having a sort of family consortium,
0:10:42 > 0:10:44and this was the one that just sort of fell in place.
0:10:44 > 0:10:46So, Amanda, how do you feel about this?
0:10:46 > 0:10:48Oh, quite excited, actually. Yes.
0:10:48 > 0:10:53I think it's nice to have a project that we can all be involved in.
0:10:53 > 0:10:55In the past, the children have sort of helped us
0:10:55 > 0:10:58with decorating on other properties and things that we've done
0:10:58 > 0:11:01and some of the construction work, but this time
0:11:01 > 0:11:03they've put their money into it,
0:11:03 > 0:11:06so they feel that they're really quite involved in it.
0:11:07 > 0:11:10Oldest daughter Emma has already invested
0:11:10 > 0:11:11in her own separate project,
0:11:11 > 0:11:14so this family have a keen interest in property.
0:11:14 > 0:11:16Perhaps they get that from their dad.
0:11:16 > 0:11:19Oliver is a retired surveyor and conservations officer
0:11:19 > 0:11:22and now works as a consultant.
0:11:22 > 0:11:24He's restored many properties before and now
0:11:24 > 0:11:28he has big plans to bring this property back to life.
0:11:28 > 0:11:32We think we can probably get planning consent for a substantial extension
0:11:32 > 0:11:34on the road end.
0:11:34 > 0:11:38If that were to be successful, we think we can get two
0:11:38 > 0:11:42three-bedroomed semi-detached cottages, quite spacious cottages.
0:11:42 > 0:11:45- Fantastic.- We think that's probably going to give us the best return.
0:11:45 > 0:11:50We need to see if we can extend it to that extent in the first place
0:11:50 > 0:11:53and then see how best to divide that space.
0:11:53 > 0:11:55So what sort of budget are you looking at for the work here?
0:11:55 > 0:11:57Well, it depends what we do.
0:11:57 > 0:12:01The eyes went, "Oh, well, let's not talk about the budget."
0:12:01 > 0:12:02It depends what we do.
0:12:02 > 0:12:05At the moment, with the money that we've put in the pot,
0:12:05 > 0:12:10if you like, we've got £30,000 allocated to this job.
0:12:10 > 0:12:13If we end up just refurbishing what we've got, that's going to
0:12:13 > 0:12:15- easily cope with it.- Sufficient.
0:12:15 > 0:12:17If we end up building a new extension,
0:12:17 > 0:12:20then we're going to require some more funds, in which case,
0:12:20 > 0:12:23we'll just chip in with some more to do that.
0:12:23 > 0:12:25Well, I think you'll need to clear that
0:12:25 > 0:12:27with the rest of the family first.
0:12:27 > 0:12:30Talking of which, let's hear from the kids.
0:12:30 > 0:12:32Sophie, Alex, John, congratulations.
0:12:32 > 0:12:35I love it that this really is one big family affair.
0:12:35 > 0:12:39Your mum and dad said you've all contributed to this project.
0:12:39 > 0:12:43What a project! How do you feel about it?
0:12:43 > 0:12:46Yeah. It needs a lot of work.
0:12:46 > 0:12:50Yeah, I'm sure we're all going to get involved and do as much of it
0:12:50 > 0:12:52as we can ourselves, so, yeah, looking forward to it.
0:12:52 > 0:12:54Alex, do you have any experience,
0:12:54 > 0:12:56cos your dad is counting on you guys helping him out, you know!
0:12:56 > 0:12:58Not really.
0:12:58 > 0:13:01I've been out on a few jobs with my dad to get a little
0:13:01 > 0:13:04bit of experience, but this is going to be sort of the main
0:13:04 > 0:13:07one for me in learning a lot about construction and stuff like that.
0:13:07 > 0:13:09So, it should be good.
0:13:09 > 0:13:12Sophie, how involved are you going to get?
0:13:12 > 0:13:15I think the boys are going to be the more hands on.
0:13:15 > 0:13:18Me and mum are going to be in charge of finances and things like that.
0:13:18 > 0:13:22I'll still get my hands dirty and help out. So, yeah, really exciting.
0:13:22 > 0:13:25Do you really think you're all going to get on?
0:13:25 > 0:13:26Any family squabbles?
0:13:26 > 0:13:28There probably will be a few little arguments,
0:13:28 > 0:13:32but because there's five of us, there'll always be a casting vote.
0:13:32 > 0:13:33It shouldn't be too bad.
0:13:33 > 0:13:35A few toys will get thrown out the pram along the way,
0:13:35 > 0:13:37I would have thought.
0:13:37 > 0:13:39- We'll get there in the end, hopefully.- Good luck.
0:13:39 > 0:13:42It's a really exciting project and I can't wait to see the outcome.
0:13:42 > 0:13:43- Thank you.- Thank you.
0:13:44 > 0:13:48This really is going to be a family affair.
0:13:48 > 0:13:50Oliver, Amanda and three of their kids, well,
0:13:50 > 0:13:54they're taking on this project and hoping to make money out of it.
0:13:54 > 0:13:56But will they get planning permission to extend
0:13:56 > 0:14:01and will there be one, two or even three cottages here?
0:14:02 > 0:14:06Will it be a case of family feuds or fun times for all?
0:14:06 > 0:14:09You can find out how it goes later on in the programme.
0:14:13 > 0:14:16I'm in Heron Cross in Staffordshire.
0:14:16 > 0:14:19That there is one of the last remaining bottle ovens that's
0:14:19 > 0:14:21actually standing in a pottery,
0:14:21 > 0:14:24literally built into the building itself.
0:14:24 > 0:14:26Fascinating and beautiful.
0:14:26 > 0:14:29MUSIC: "Message In A Bottle" by The Police
0:14:30 > 0:14:34These legacies of the heydays of the Potteries are very much part
0:14:34 > 0:14:36of the character of places like Heron Cross,
0:14:36 > 0:14:39which is a suburb just outside Stoke.
0:14:39 > 0:14:41There are good commuter options via the A50
0:14:41 > 0:14:43for the likes of Derby and Uttoxeter.
0:14:45 > 0:14:50Well, close to the A50 is the property I'm here to see.
0:14:50 > 0:14:54So would someone be taking pot luck if they decided to go for it?
0:14:54 > 0:14:58Well, I don't think so. Three-bedroomed mid-terrace.
0:14:58 > 0:15:02Very typical of the area. Guide price was £50,000 plus.
0:15:02 > 0:15:03Let's take a look.
0:15:05 > 0:15:09Oh, nice to see that. Bit of porch action going on. I love porches.
0:15:09 > 0:15:13They're brilliant at keeping the cold and the rain and the wet
0:15:13 > 0:15:16and the noise out of the main part of the house.
0:15:16 > 0:15:20That's actually quite pleasant. Big ceilings, high ceilings.
0:15:20 > 0:15:25Good-sized space. And then I really like this -
0:15:25 > 0:15:28open-plan stairway.
0:15:28 > 0:15:31It really gives... I don't know. It opens up the room.
0:15:31 > 0:15:34In these kind of properties, it's always a bit of a question,
0:15:34 > 0:15:35"Where do you put the stairs?"
0:15:35 > 0:15:38Sometimes they're in the middle, blocking that off.
0:15:38 > 0:15:40I think that actually works very well.
0:15:40 > 0:15:45In fact, everything's looking pretty good. It continues.
0:15:45 > 0:15:47Look at this kitchen.
0:15:47 > 0:15:51OK, it might not be to everyone's taste, but pretty good condition.
0:15:51 > 0:15:55A bit of a sparkle up, a bit of a professional clean in here
0:15:55 > 0:15:58and I'd say this is useable as it is.
0:15:58 > 0:16:02Classic layout - loo at the back, with the bathroom there.
0:16:04 > 0:16:06All in all, fantastic little place.
0:16:07 > 0:16:10Time I took a look up those open-plan stairs
0:16:10 > 0:16:12to see if the joy continues.
0:16:15 > 0:16:19So upstairs, and lots of space, just a bit of an odd layout.
0:16:19 > 0:16:21You've got the bedroom at the front there,
0:16:21 > 0:16:23then a kind of little corridor area there,
0:16:23 > 0:16:25leading to a small bedroom there.
0:16:25 > 0:16:27This, the third, fairly small bedroom.
0:16:27 > 0:16:31I don't know what you could do to change this around,
0:16:31 > 0:16:36but it is slightly small in comparison to the downstairs.
0:16:36 > 0:16:42However, this house has one little trick up its sleeve.
0:16:42 > 0:16:44Yes, if you think that's a cupboard over there to the right,
0:16:44 > 0:16:47you'd be wrong, because behind it is a staircase
0:16:47 > 0:16:50leading up to our surprise addition.
0:16:50 > 0:16:52It's an attic space. Now, it's been boarded out,
0:16:52 > 0:16:55but my guess is this wouldn't meet any building regulations.
0:16:55 > 0:16:59So storage, play area, but not a bedroom.
0:16:59 > 0:17:02An internal playroom would be the icing on the cake in terms
0:17:02 > 0:17:05of a family home, except for one thing -
0:17:05 > 0:17:08the outside space is hardly generous.
0:17:08 > 0:17:10However, the inside is in good nick.
0:17:10 > 0:17:14And for a guide price of 50 grand, there isn't a lot to do.
0:17:17 > 0:17:19Does a local estate agent rate this property?
0:17:21 > 0:17:26First impressions of this property are that it's a good size
0:17:26 > 0:17:29and that it's not in too bad a condition at all.
0:17:29 > 0:17:34There's even good news on that cramped outside space.
0:17:34 > 0:17:37Behind the yard there is access to a communal garden
0:17:37 > 0:17:39maintained by the council.
0:17:40 > 0:17:45What sets this apart from its compatriots is the communal garden.
0:17:45 > 0:17:50Having sold properties with those recently, they are very popular.
0:17:50 > 0:17:52Big hit, but is there anything to be made
0:17:52 > 0:17:54in terms of profit from this property?
0:17:54 > 0:17:57What would it fetch on the open market?
0:17:59 > 0:18:04It is in pretty good order, but with a little bit of money spent on it,
0:18:04 > 0:18:09this property is going to be worth somewhere between £60,000 to £65,000.
0:18:09 > 0:18:13Well, if that guide price of £50,000 plus is anything to go by,
0:18:13 > 0:18:15then whoever buys this low-maintenance pad
0:18:15 > 0:18:17is in for a healthy profit.
0:18:17 > 0:18:20But how would it do in the rental stakes?
0:18:20 > 0:18:24With, again, a little bit of work done to the property
0:18:24 > 0:18:28for the rental market, I would suggest a figure
0:18:28 > 0:18:33of somewhere between £425 to £475 per calendar month.
0:18:33 > 0:18:36This property is going to appeal especially to families.
0:18:36 > 0:18:40There are three bedrooms and, again, as we mentioned previously,
0:18:40 > 0:18:42the communal garden is going to help sell it to a family.
0:18:44 > 0:18:48Well, I don't know about you, but I think this is a lot of property
0:18:48 > 0:18:51for that £50,000-plus guide price.
0:18:51 > 0:18:52A great one to go for.
0:18:52 > 0:18:55Let's see who agreed when it went under the hammer.
0:18:55 > 0:18:57Lot 70, back to Stoke-on-Trent.
0:18:57 > 0:19:00Three-bedroomed mid-terraced house, communal garden.
0:19:00 > 0:19:03Lounge-diner, kitchen, double glazing, gas central heating.
0:19:03 > 0:19:07So, lot 70, guiding was at 50. Shall we say 40 to start?
0:19:09 > 0:19:1240 bid on the back row. At £40,000.
0:19:12 > 0:19:15At £40,000. 42, I'm going to say now.
0:19:15 > 0:19:17At £40,000. Standing at the back.
0:19:19 > 0:19:21£42,000.
0:19:21 > 0:19:2244?
0:19:22 > 0:19:24£44,000.
0:19:24 > 0:19:2646?
0:19:26 > 0:19:28£46,000.
0:19:28 > 0:19:2948?
0:19:29 > 0:19:31£48,000
0:19:31 > 0:19:3250?
0:19:34 > 0:19:36At £48,000.
0:19:37 > 0:19:38Do you want to go one?
0:19:40 > 0:19:41You do. £49,000.
0:19:42 > 0:19:4550? £50,000. Another one?
0:19:49 > 0:19:50No.
0:19:50 > 0:19:55£50,000 then against the back wall. At £50,000 I'm selling it.
0:19:55 > 0:19:56Are we all done?
0:19:56 > 0:20:01£50,000 then for the first time. £50,000 for the second time.
0:20:01 > 0:20:04Third and final time at £50,000.
0:20:04 > 0:20:06You've bought it, sir. Well done.
0:20:06 > 0:20:08Sold to one very chuffed Rob,
0:20:08 > 0:20:12who's got himself a very nice roomy three-bed house for a mere £50,000.
0:20:13 > 0:20:14Nice one.
0:20:14 > 0:20:19Rob has a bouncy castle business and is building up a property portfolio.
0:20:19 > 0:20:23I met him and his dad at the house to find out what their plans are.
0:20:23 > 0:20:25Rob, Bob, great to meet you both.
0:20:25 > 0:20:27- How do you do? - How are you, are you all right?
0:20:27 > 0:20:30Good, yeah. Congratulations. Tell me why you wanted to buy this place.
0:20:30 > 0:20:34Well, I've got a few in the area. This came up for auction.
0:20:34 > 0:20:36- Thought we'd go for it. - What was it about it that you liked?
0:20:36 > 0:20:38- Three beds. - From your experience, then,
0:20:38 > 0:20:42what sort of difference does it make in terms of what you might get?
0:20:42 > 0:20:43- £50.- Right.
0:20:43 > 0:20:44£50 a month.
0:20:44 > 0:20:49OK, so that adds up over a year. Greater demand for those?
0:20:49 > 0:20:50I think so, yeah.
0:20:51 > 0:20:54OK, so is this a joint venture between both of you?
0:20:54 > 0:20:56You're father and son, is that right?
0:20:56 > 0:20:58- Father and son, yeah. I do the buying.- And I do the work.
0:20:58 > 0:21:00Oh, right.
0:21:01 > 0:21:02Some of the work. Some of the work.
0:21:02 > 0:21:04What's your background?
0:21:04 > 0:21:07- Well, I was a newsagent for 30 years.- Right.
0:21:07 > 0:21:11You know, when I retired, which was nearly four years now,
0:21:11 > 0:21:14I decided to go with Robert.
0:21:14 > 0:21:16So Dad stepped in to help out.
0:21:16 > 0:21:19- Oh, yes. Oh, yes. - Slave labour.- Yes.- Yes.
0:21:19 > 0:21:22It's for all them times when you were doing them paper rounds for nothing.
0:21:22 > 0:21:23That's right, yes. Yes.
0:21:23 > 0:21:25You can work for me for nothing now.
0:21:25 > 0:21:28- Did you used to get him to do paper rounds for nothing.- Oh, yes.
0:21:28 > 0:21:30- Oh, yes.- For nothing?- Oh, yes.
0:21:30 > 0:21:33- Five o'clock in the morning? - Yes.- On your bike, freezing cold?
0:21:33 > 0:21:35Not even the bike. He wouldn't get me a bike.
0:21:35 > 0:21:37No, he was on the payroll.
0:21:37 > 0:21:38I was when I was 16.
0:21:38 > 0:21:40On the payroll at zero.
0:21:40 > 0:21:43I started working full time for you when I was 16,
0:21:43 > 0:21:45but from the age of 12, it was zero.
0:21:45 > 0:21:48Right. So did you have an interest in property before?
0:21:48 > 0:21:51I started about...
0:21:51 > 0:21:54Just as we were selling the shop, I bought my first one.
0:21:54 > 0:21:57- Right. - My aim was to do ten in ten years.
0:21:57 > 0:21:59I've done seven in three-and-a-half now.
0:21:59 > 0:22:02- Whoa.- I'm a bit in front of myself. - Fantastic.
0:22:02 > 0:22:05You see, they're so compact, they're in the same area.
0:22:05 > 0:22:07It isn't as though they're...
0:22:07 > 0:22:09- miles away.- Right.
0:22:09 > 0:22:11All seven of them are within half a mile.
0:22:12 > 0:22:15Now, that is a smart move.
0:22:15 > 0:22:19Any investor who develops properties in the same area is keeping
0:22:19 > 0:22:22travel costs down when you need to oversee work, and it also
0:22:22 > 0:22:26allows you to build up relationships with local maintenance contractors.
0:22:28 > 0:22:30Rob's party-hire work is seasonal,
0:22:30 > 0:22:34so he has the winters to work with his dad on the properties.
0:22:34 > 0:22:36What made him buy this one?
0:22:39 > 0:22:42Well, on the day, I actually viewed six.
0:22:42 > 0:22:47I was probably only in here about four, five minutes.
0:22:47 > 0:22:50I thought, "Yeah, it's a good size."
0:22:50 > 0:22:53Yeah, just doesn't need a lot doing to it, as you can see, so...
0:22:54 > 0:22:57- ..we went for it. - It's big, isn't it?
0:22:57 > 0:22:59Much bigger inside than it looks from the outside.
0:22:59 > 0:23:02- It does, yes.- It's a good-sized property this one is, yeah.
0:23:02 > 0:23:05What did you think when you saw it, Bob, for the first time?
0:23:05 > 0:23:10Well, you want to see all fitted cupboards, there's a dishwasher in,
0:23:10 > 0:23:12a fridge-freezer, a freezer.
0:23:12 > 0:23:15I missed all those when I looked at it.
0:23:15 > 0:23:17- All integrated in the cupboards. - You didn't look in the cupboards.
0:23:17 > 0:23:20Of course, it was a surprise when we saw it all, you see?
0:23:20 > 0:23:21Wow, what a bonus.
0:23:21 > 0:23:23Yeah, bonus. You're telling me.
0:23:23 > 0:23:27- Fantastic.- We don't know whether they work yet though, do we?
0:23:27 > 0:23:30So, tell me what you're going to do to turn it around.
0:23:30 > 0:23:33I think a lick of paint.
0:23:33 > 0:23:37We'll get the stairs painted white, fireplace white.
0:23:37 > 0:23:39Get the guys in, check the electrics out.
0:23:39 > 0:23:41Get the plumbing checked.
0:23:41 > 0:23:43There's a room up in the loft.
0:23:43 > 0:23:45Somebody has already started boarding it,
0:23:45 > 0:23:48so finish boarding it, plaster it out.
0:23:48 > 0:23:49Get electrics up there.
0:23:51 > 0:23:54That's about it, really. Just a general tidy up, really.
0:23:54 > 0:23:56Yeah, well, I would have thought so, yes.
0:23:56 > 0:23:59Usually they get ripped apart - new kitchens, bathrooms -
0:23:59 > 0:24:02but as you can see, the kitchen's quite serviceable.
0:24:02 > 0:24:04Bathroom, new suite.
0:24:04 > 0:24:06- New bath.- Don't know, we'll see.
0:24:06 > 0:24:08He just loves spending my money.
0:24:08 > 0:24:10HE LAUGHS
0:24:10 > 0:24:12Yeah, that suite looks OK to me, Bob.
0:24:12 > 0:24:16So what's the budget, then, for a few carpets and a lick of paint?
0:24:18 > 0:24:20I don't think... About three. 3,000.
0:24:20 > 0:24:21I would have thought so, yes.
0:24:21 > 0:24:24And how long is it going to take?
0:24:24 > 0:24:25Six weeks.
0:24:25 > 0:24:26Up to two months.
0:24:26 > 0:24:28- We don't rush, do we?- No.
0:24:29 > 0:24:32Unless somebody comes knocking at the door who wants to rent it,
0:24:32 > 0:24:34then we get a bit of a spurt on, so...
0:24:34 > 0:24:36But is it both of you going to be doing the work, or is it
0:24:36 > 0:24:37mostly going to be Dad?
0:24:37 > 0:24:39- Well...- Mainly me.
0:24:39 > 0:24:41- Well, no.- You do your fair share. I'll be honest.
0:24:41 > 0:24:43- I certainly do.- No, he's good.
0:24:44 > 0:24:46How could you say a thing like that?
0:24:47 > 0:24:48Is it fun working together?
0:24:48 > 0:24:51It looks like you have a bit of good banter going between you.
0:24:51 > 0:24:53Yeah, yeah, we don't do too bad.
0:24:53 > 0:24:54I'm a bit of a perfectionist.
0:24:54 > 0:24:57He's like, "Don't bother with doing that, like."
0:24:57 > 0:25:00- Sometimes we go home not speaking, don't we?- Really?
0:25:00 > 0:25:02Where we've had a bit of a to-do.
0:25:02 > 0:25:05What could you possibly argue about when it comes to house renovations?
0:25:05 > 0:25:09Well, you want to spend money what doesn't need spending sometimes.
0:25:09 > 0:25:10Yeah, I do, yeah.
0:25:10 > 0:25:12At the end of the day, I see it as a rental and getting it done
0:25:12 > 0:25:14and getting somebody in as quick as we can.
0:25:14 > 0:25:17Any idea what rental you're going to achieve?
0:25:17 > 0:25:20I think we should do 475 on this one.
0:25:20 > 0:25:23I've got another couple of three-bedders
0:25:23 > 0:25:27and I get 480 for them so, yeah, 475.
0:25:27 > 0:25:30Any idea what it might be worth by the time you've done it up?
0:25:30 > 0:25:32At the end of the day,
0:25:32 > 0:25:36it doesn't bother me about the worth cos it's a long-term thing so...
0:25:36 > 0:25:39I'd heard it was on the market either last year or
0:25:39 > 0:25:42- the year before for 70. I don't know how true that was.- Right.
0:25:42 > 0:25:44So, the portfolio is expanding?
0:25:44 > 0:25:46Well, if we can get this one done quick...
0:25:46 > 0:25:47We've got time for another one!
0:25:47 > 0:25:50..we might be able to get another one in...
0:25:50 > 0:25:51before the new season starts.
0:25:51 > 0:25:54So, are you going to stop at ten or are you going to get the bug
0:25:54 > 0:25:56and carry on?
0:25:56 > 0:25:57- I don't know.- Right.
0:25:57 > 0:26:00Once you get past ten, it takes a lot more managing, doesn't it,
0:26:00 > 0:26:03so I'll probably stick at ten.
0:26:03 > 0:26:06Good stuff. Well, listen, congratulations to both of you.
0:26:06 > 0:26:08- Nice to meet you. - Thank you very much.
0:26:08 > 0:26:11- And we look forward to seeing how you get on.- Thank you.
0:26:12 > 0:26:15Well, Rob spends his summer inflating bouncy castles.
0:26:15 > 0:26:18Will he manage to inflate the value of this place with
0:26:18 > 0:26:21help from dad Bob?
0:26:21 > 0:26:23Or will it be a bouncy ride?
0:26:23 > 0:26:25You can find out later in the show.
0:26:27 > 0:26:30Still to come, how about this room with a view in this
0:26:30 > 0:26:33former council house in Cumbria?
0:26:33 > 0:26:36Even inside, there's room to breathe.
0:26:36 > 0:26:40I mean, talking of space, brilliant. It's certainly not lacking in that.
0:26:42 > 0:26:46For Rob and Bob, it's all about health as well as wealth.
0:26:46 > 0:26:50- I shall carry on until I can't. - It keeps you fit.- It certainly does.
0:26:56 > 0:27:00Now, we head back to the beautiful market town of Sandwich in Kent
0:27:00 > 0:27:04and a tale of two semi-detached cottages, one of which just
0:27:04 > 0:27:08needs some renovation, while the other needed a total overhaul.
0:27:08 > 0:27:10Originally, it was a single house
0:27:10 > 0:27:13and it had a confusing layout which, fortunately,
0:27:13 > 0:27:17didn't bamboozle Oliver, his wife Amanda and their family who,
0:27:17 > 0:27:22seeing its potential, bought the house for 165,000.
0:27:22 > 0:27:25They plan to sell the cottages on once they've been given a new
0:27:25 > 0:27:29lease of life, and were even eyeing up the land to the side.
0:27:29 > 0:27:31We think we can probably get planning consent
0:27:31 > 0:27:35for a substantial extension on the road end
0:27:35 > 0:27:38and if that were to be successful,
0:27:38 > 0:27:41then we think we can get two three-bedroom semi-detached
0:27:41 > 0:27:43cottages, quite spacious cottages,
0:27:43 > 0:27:47and we think that's probably going to give us the best return.
0:27:47 > 0:27:49Oliver, a retired surveyor and conservations officer,
0:27:49 > 0:27:51was hopeful of getting planning permission
0:27:51 > 0:27:53for the newly extended property
0:27:53 > 0:27:56but, failing that, they plan to renovate the two cottages
0:27:56 > 0:28:00with a £30,000 budget and on a six-month schedule.
0:28:01 > 0:28:0613 months later and the property looks a whole lot smarter from
0:28:06 > 0:28:11the outside and there's an extension but not where we expected it.
0:28:11 > 0:28:15So, the question is, is this one house or is it two?
0:28:18 > 0:28:19Wow.
0:28:19 > 0:28:22What they've delivered is a single stunner in the shape of
0:28:22 > 0:28:24one restored house.
0:28:26 > 0:28:28The dividing walls have gone to create one huge,
0:28:28 > 0:28:31open-plan kitchen-dining area.
0:28:33 > 0:28:35The house still has two separate reception rooms
0:28:35 > 0:28:38but this time with some real character.
0:28:42 > 0:28:45It's great the family have opted for one large house
0:28:45 > 0:28:49but when it came to adding a new extension, there was no real choice.
0:28:51 > 0:28:53On the very day that you came last time,
0:28:53 > 0:28:57we cleared the ground around and found the main sewer connection
0:28:57 > 0:29:00and right in a position where the foundations to the extension
0:29:00 > 0:29:03would have gone and so that would have involved a huge
0:29:03 > 0:29:08expense in moving it and so we very quickly started to rethink
0:29:08 > 0:29:11and thought that the idea of putting it back as one property was
0:29:11 > 0:29:14probably going to be the best
0:29:14 > 0:29:17and then things sort of slotted into place from there.
0:29:19 > 0:29:22Because the new extension fell under the permitted development
0:29:22 > 0:29:25regulations, no planning permission was required
0:29:25 > 0:29:30and it now houses a utility room on the ground floor and above,
0:29:30 > 0:29:33two en-suite bathrooms for the refurbished side bedrooms.
0:29:37 > 0:29:40Across the landing, the two other bedrooms have been renovated,
0:29:40 > 0:29:44though one has given some space over to a new family bathroom.
0:29:45 > 0:29:47And while it may look like a new house,
0:29:47 > 0:29:51there's still some of the original charm about it.
0:29:51 > 0:29:53We uncovered lots of features along the way.
0:29:53 > 0:29:55The fireplaces were there,
0:29:55 > 0:29:57they were boxed in, and we cleaned those up and put them back.
0:29:57 > 0:30:00And the little pot-bellied stove in the dining area we quite liked
0:30:00 > 0:30:02so we cleaned that up
0:30:02 > 0:30:05and put it back even though it's not practical to use it.
0:30:06 > 0:30:09Retaining that period feel works well,
0:30:09 > 0:30:13giving the finished product a real touch of class.
0:30:13 > 0:30:14And luckily, the cracks that I was
0:30:14 > 0:30:17so worried about turned out to be just superficial.
0:30:17 > 0:30:20I think it's a brilliant family project to take on.
0:30:20 > 0:30:24I think we've all learnt a lot along the way...
0:30:24 > 0:30:27- We certainly have.- ..and I think we're all pleased with what
0:30:27 > 0:30:31we've achieved at the end of it so it's been brilliant.
0:30:31 > 0:30:34The house has had a complete renovation from replastering to
0:30:34 > 0:30:37new wiring, and while Oliver project managed,
0:30:37 > 0:30:41Amanda dealt with the decor and sourced the building materials.
0:30:41 > 0:30:45The lads, John and Alex, got stuck into the physical work
0:30:45 > 0:30:49from dealing with the drainage to painting the final coats.
0:30:49 > 0:30:51A real team effort, as John explains.
0:30:51 > 0:30:53As a whole, it's been all right.
0:30:53 > 0:30:56There's been moments but I think there's always going to be,
0:30:56 > 0:30:58working with family, but, no, as a whole, I think
0:30:58 > 0:31:00the project's gone pretty well.
0:31:00 > 0:31:02Yeah, and with there being five of us,
0:31:02 > 0:31:04we've always had a majority decision.
0:31:04 > 0:31:08So we've had different views on different things we'd like to do,
0:31:08 > 0:31:11but we've always sort of sat down, had a vote,
0:31:11 > 0:31:14and it's always been resolved. So it's quite good.
0:31:16 > 0:31:18From the new extension to the stunning kitchen,
0:31:18 > 0:31:20this has been a first-rate renovation.
0:31:22 > 0:31:26But that does leave the barn which, while repaired externally,
0:31:26 > 0:31:28still needs work done inside.
0:31:28 > 0:31:32That could very easily be a granny annexe or an office or a workshop,
0:31:32 > 0:31:35or all sorts of other possibilities.
0:31:35 > 0:31:39So we've made the decision not to fit it out in one of those options,
0:31:39 > 0:31:41which would then restrict the market.
0:31:41 > 0:31:42So as a repaired shell,
0:31:42 > 0:31:46somebody buying the property could decide what they want to do with it.
0:31:46 > 0:31:48Bad weather forced the team to extend their schedule
0:31:48 > 0:31:51from six to 13 months.
0:31:51 > 0:31:55So, how did their planned budget of 30,000 fare after renovating
0:31:55 > 0:31:58the two cottages and turning them back into one?
0:31:58 > 0:32:03Overall, we've ended up spending around 80,000 on renovation.
0:32:03 > 0:32:08But we have included top spec on a lot of the products
0:32:08 > 0:32:10that we've included in our kitchen, in our bathrooms,
0:32:10 > 0:32:13and putting in a wood stove and things like that,
0:32:13 > 0:32:16which were not really in our calculations to start with.
0:32:18 > 0:32:23Add that spend of £80,000 to their purchase price of £165,000,
0:32:23 > 0:32:28and their total outlay is £245,000.
0:32:28 > 0:32:31Time to find out what two local estate agents
0:32:31 > 0:32:33thought of the family's hard work,
0:32:33 > 0:32:35starting with the agent who first viewed the property
0:32:35 > 0:32:37before the renovation.
0:32:37 > 0:32:40I think it's been done up and converted beautifully.
0:32:40 > 0:32:41I think it's a very good layout.
0:32:41 > 0:32:44I like the way the house is presented, because it retains
0:32:44 > 0:32:49the nice character feel and atmosphere of the Victorian cottage.
0:32:49 > 0:32:52And yet it's combined now with a good-quality kitchen
0:32:52 > 0:32:54and very nice quality bathroom fittings.
0:32:54 > 0:32:56I think what they've done is terrific.
0:32:56 > 0:32:58They've made it into a very presentable family home.
0:32:58 > 0:33:01I think it was a good idea to convert the two cottages
0:33:01 > 0:33:02into one house.
0:33:02 > 0:33:07It makes it a far more appealing proposition in the market today.
0:33:07 > 0:33:11The family do want to sell the house on, so bearing in mind
0:33:11 > 0:33:16that total spend of £245,000, what could a resale achieve?
0:33:16 > 0:33:19If this property was sold now, I would expect it to achieve
0:33:19 > 0:33:23something in the order of £350,000 to £365,000.
0:33:23 > 0:33:25As a family home,
0:33:25 > 0:33:31this property should achieve in the region of £340,000 to £350,000.
0:33:31 > 0:33:35A little disappointed with those kind of values, really.
0:33:35 > 0:33:41We thought that maybe it would head towards the 375,
0:33:41 > 0:33:43maybe 400,000, something like that.
0:33:43 > 0:33:45Because it is a really unique property.
0:33:45 > 0:33:49So we'll just have to wait and see, I think.
0:33:49 > 0:33:51It certainly is a unique property.
0:33:51 > 0:33:53And the right buyer may well pay more.
0:33:53 > 0:33:55But even with that top valuation,
0:33:55 > 0:34:01the family could stand to make a pre-tax profit of 115,000
0:34:01 > 0:34:05which, even after 13 months, is still a pretty good return.
0:34:05 > 0:34:07And if they do decide to let the property,
0:34:07 > 0:34:12there is a possible rental income of £1,100 per calendar month,
0:34:12 > 0:34:17giving them an annual yield of just over 5%. Despite the family's
0:34:17 > 0:34:21success with this renovation, it's not likely to be repeated soon.
0:34:21 > 0:34:25Well, we've put a few projects that we're supposed to be doing
0:34:25 > 0:34:33at home on hold, so I'm very hopeful that my new kitchen might happen!
0:34:33 > 0:34:36- I've been waiting a long time for it.- That's next!
0:34:43 > 0:34:46I'm in Whitehaven, a pretty harbour town
0:34:46 > 0:34:49and fishing port on the north-west coast.
0:34:49 > 0:34:53It is also the location of a very interesting layout. Oh, yeah.
0:34:53 > 0:34:57It was actually the first Georgian grid system
0:34:57 > 0:35:01anywhere in the world and, allegedly, it formed the blueprint
0:35:01 > 0:35:05for that most famous of metropolises with a grid system,
0:35:05 > 0:35:07New York City.
0:35:07 > 0:35:09Good bit of information for your next pub quiz!
0:35:15 > 0:35:20Downtown Whitehaven is not Manhattan, but it has many charms.
0:35:25 > 0:35:27You're never more than a few blocks from the coast
0:35:27 > 0:35:29and the Lake District National Park.
0:35:30 > 0:35:34In terms of work, it's within good commuting distance from Carlisle
0:35:34 > 0:35:37and Sellafield power station.
0:35:37 > 0:35:40This is a town that's seen a lot of regeneration,
0:35:40 > 0:35:43but still has a great historic feel.
0:35:43 > 0:35:45Well, today, I'm in the more modern bit,
0:35:45 > 0:35:48on this former local authority housing estate,
0:35:48 > 0:35:52on which the houses are largely in private hands nowadays.
0:35:52 > 0:35:57And here's one example. It's a three-bedroom semidetached.
0:35:57 > 0:36:00Had a guide price of £35,000 to £40,000.
0:36:00 > 0:36:03Looks pretty big from the outside.
0:36:03 > 0:36:04Let's take a look inside.
0:36:07 > 0:36:10OK. Through the front door, stairs up to the bedrooms there.
0:36:10 > 0:36:12Well, that is actually an interesting layout
0:36:12 > 0:36:18because what it does do is create a really nice-sized lounge.
0:36:18 > 0:36:22I'd like to see some French doors out onto the garden there, perhaps.
0:36:22 > 0:36:25And you've got this strange thing here with a fireplace in it,
0:36:25 > 0:36:27but that is actually revealing where the kitchen is.
0:36:27 > 0:36:32So a sort of L-shaped lounge. Maybe a place for a dining table here.
0:36:32 > 0:36:35I think that works. Through into the kitchen.
0:36:35 > 0:36:39Well, it's all looking like it's in need of a bit of updating,
0:36:39 > 0:36:40shall we say. But it's not a bad size.
0:36:40 > 0:36:43And what other people have done on this estate with similar
0:36:43 > 0:36:46houses is actually knock through there,
0:36:46 > 0:36:49because you've got sort of a storage area and a coal shed -
0:36:49 > 0:36:51exterior at the moment, but with a bit of clever brickwork,
0:36:51 > 0:36:54you could incorporate that into this downstairs.
0:36:54 > 0:36:56And then you'd have a really nice-sized space.
0:36:56 > 0:36:58But, I mean, talking of space, brilliant!
0:36:58 > 0:37:00You're certainly not lacking in that!
0:37:04 > 0:37:07The kitchen units and downstairs decor is a bit dated,
0:37:07 > 0:37:10and the carpets, hmmm, a bit busy.
0:37:10 > 0:37:13But basically this is a good family friendly layout
0:37:13 > 0:37:17and there's plenty of opportunity for improvement.
0:37:19 > 0:37:22If the upstairs area is as light and spacious as this,
0:37:22 > 0:37:24it'll be a pretty good deal
0:37:24 > 0:37:29for anything like that £35,000 to £45,000 guide price.
0:37:29 > 0:37:32So, upstairs and a traditional layout.
0:37:32 > 0:37:36Three bedrooms - a small box-ish room there,
0:37:36 > 0:37:41two large doubles on the back. So all good. Here we go.
0:37:41 > 0:37:44That age-old debate. A separate loo and bathroom.
0:37:44 > 0:37:48You've got the bathroom and stuff there and the separate loo there.
0:37:48 > 0:37:52Lovely bit of two-tone and, ooh, love the burgundy-coloured suite.
0:37:52 > 0:37:53Erm...
0:37:55 > 0:37:59Are you making them into one or two or...
0:37:59 > 0:38:02As you know, I quite like the fact we've got them both separate.
0:38:02 > 0:38:05But a lot of people like the two not together,
0:38:05 > 0:38:07so it'll all depend on who bought it.
0:38:07 > 0:38:09If it was me, I'd leave it as it is.
0:38:11 > 0:38:13Well, not entirely as it is.
0:38:13 > 0:38:17As far as I'm concerned, the only place for burgundy is in the glass.
0:38:17 > 0:38:22# And I'll say so long
0:38:22 > 0:38:26# To the dreams that are gone
0:38:26 > 0:38:32# On a count of the warm red wine... #
0:38:32 > 0:38:37And with so many budget-priced small white fixtures available
0:38:37 > 0:38:41these days, bathrooms can now be transformed relatively cheaply.
0:38:44 > 0:38:46Well, this may be the smallest bedroom,
0:38:46 > 0:38:49but I tell you what, it's got the best view.
0:38:53 > 0:38:55Can you guess I'm liking this property?
0:38:55 > 0:39:00And the outside appears to not have any major issues to tackle either.
0:39:00 > 0:39:03The roof looks good and so does that garden.
0:39:05 > 0:39:10Well, another advantage of ex-local authority houses is that they often
0:39:10 > 0:39:14come with really nice-sized gardens, and that's certainly the case here.
0:39:14 > 0:39:17You've got the bit at the front and then out the back, this sloping
0:39:17 > 0:39:20but really good-sized plot.
0:39:20 > 0:39:21The only thing to consider -
0:39:21 > 0:39:26if you rented this place out then maybe your tenant isn't going to
0:39:26 > 0:39:29look after a garden like this, but as a family home and the fact you've
0:39:29 > 0:39:33got the woods at the back, all this space - absolutely marvellous.
0:39:34 > 0:39:37I really like this house. Lots of space inside and out.
0:39:37 > 0:39:42And that guide price of £35,000 to £45,000 seems to offer good value
0:39:42 > 0:39:45for what could be a great family home.
0:39:45 > 0:39:47Did the auctioneer who sold it agree with me?
0:39:49 > 0:39:51First impressions of this property, it's pretty good, actually.
0:39:51 > 0:39:57It's quite a large property. The rooms are generous proportions.
0:39:57 > 0:40:00It needs an upgrade, it needs modernised,
0:40:00 > 0:40:02but it's not a total refurb.
0:40:03 > 0:40:08Nope, it's a property you could just decorate and put your own style on,
0:40:08 > 0:40:12or take further, if you wanted to and could afford a bigger project.
0:40:13 > 0:40:15Are there any obvious negatives?
0:40:17 > 0:40:20The only slight downside to the property perhaps is, you can't
0:40:20 > 0:40:22park outside your house.
0:40:22 > 0:40:24But apart from that, yeah, it offers great potential.
0:40:24 > 0:40:28A lick of paint, a new kitchen, new bathroom. Should be good.
0:40:28 > 0:40:33And the potential resale value after a basic refurbishment?
0:40:33 > 0:40:37If this property was fully renovated to a reasonable standard,
0:40:37 > 0:40:42your asking price would be in the region of £65,000 to £70,000.
0:40:42 > 0:40:46What about the rental income the house could generate?
0:40:46 > 0:40:48I think you would achieve a figure in the region of £400
0:40:48 > 0:40:50per calendar month.
0:40:50 > 0:40:52Well, I like the location,
0:40:52 > 0:40:54I like the fact that the neighbours seem to be really looking
0:40:54 > 0:40:58after their houses and gardens, the house itself is solidly built,
0:40:58 > 0:41:01lots of accommodation, and I love that guide price.
0:41:01 > 0:41:03Yeah, it's brilliant.
0:41:03 > 0:41:06Let's see who agreed when it went under the hammer.
0:41:06 > 0:41:08Lot 14, semi-detached house.
0:41:08 > 0:41:12The accommodation comprises the hall, L-shaped lounge-diner,
0:41:12 > 0:41:14kitchen and rear hall to the ground floor.
0:41:14 > 0:41:19To the first floor there are three bedrooms, bathroom and separate WC.
0:41:19 > 0:41:2235,000 to 45,000. Who's here for this?
0:41:22 > 0:41:2535. 30.
0:41:25 > 0:41:27Need a bid. 30 here.
0:41:27 > 0:41:30At 30 I'm away. At £30,000 then.
0:41:30 > 0:41:3631 in the aisle. 32. 33. 34. 35.
0:41:36 > 0:41:3935. 36.
0:41:39 > 0:41:4236 I'm bid. 37, sir.
0:41:42 > 0:41:4637 I've got. 38. 39.
0:41:46 > 0:41:4939 I'm bid. 40. 41.
0:41:49 > 0:41:5142. 43.
0:41:52 > 0:41:5444. 45.
0:41:54 > 0:41:57Shake of the head at 45. With you, madam, at 44.
0:41:59 > 0:42:00Take a half.
0:42:00 > 0:42:0244 and a half, 45...
0:42:03 > 0:42:0545 I'm bid. Half?
0:42:05 > 0:42:06Shake of the head.
0:42:06 > 0:42:09First time, then, at 45.
0:42:09 > 0:42:12Second time at 45.
0:42:12 > 0:42:16All done, all out. £45,000, selling away...
0:42:16 > 0:42:17You, madam, thank you.
0:42:19 > 0:42:24And that successful bidder, paying £45,000, was Sandra,
0:42:24 > 0:42:28a retired detective who lives locally.
0:42:28 > 0:42:31# She is watching the detectives
0:42:31 > 0:42:35# Ooh, he's so cute! #
0:42:35 > 0:42:37I met her back at the property to investigate
0:42:37 > 0:42:41why she decided to nab this three-bed property.
0:42:43 > 0:42:45# ..Watching the detectives... #
0:42:45 > 0:42:49- Sandra, great to meet you. - Nice to meet you too. - Congratulations.- Thank you.
0:42:49 > 0:42:51Tell me why you wanted to buy the house.
0:42:51 > 0:42:56- Well, I've just retired after 32 years in the police force.- Oh, wow.
0:42:56 > 0:42:59Needed something to occupy my mind.
0:42:59 > 0:43:01So I decided I would go to the auction and buy a house.
0:43:01 > 0:43:04What was it about this house that particularly appealed?
0:43:04 > 0:43:09The price, really, to be honest. I know the area quite well cos I was born and bred here as well.
0:43:09 > 0:43:12Just purely the fact you've retired
0:43:12 > 0:43:16- tempted you into property right now?- Yes. I retired in January,
0:43:16 > 0:43:18wanted to do two things -
0:43:18 > 0:43:21first of all to put a new kitchen in the cottage that I live in,
0:43:21 > 0:43:23and the second thing was to get myself a little puppy dog.
0:43:23 > 0:43:26- Labrador, little girl, Jess.- Jess.
0:43:26 > 0:43:28- Is she good?- She's brilliant.
0:43:28 > 0:43:30Changed my life completely!
0:43:30 > 0:43:32Well, with Jess as her sidekick,
0:43:32 > 0:43:36it looks like Sandra is still going to be following LEADS in the future.
0:43:36 > 0:43:38She's done up her own properties in the past,
0:43:38 > 0:43:41so she's not a complete renovation novice.
0:43:41 > 0:43:44Tell me about this house, what are you going to do to it?
0:43:44 > 0:43:48Well, this is the first time I've been in it, would you believe it?
0:43:48 > 0:43:51- I didn't view it before.- What? - I didn't get the chance to.
0:43:51 > 0:43:53Let me get this right -
0:43:53 > 0:43:59a detective, looking at the absolute minute detail, keen eye, clever...
0:44:00 > 0:44:04That's your opinion, Martin!
0:44:04 > 0:44:07..meticulous for detail,
0:44:07 > 0:44:10and you didn't even look at it before you bought it?
0:44:10 > 0:44:14I came and looked round the outside. Couldn't attend on the viewing dates.
0:44:14 > 0:44:17As I say, I do know the area, do know how the houses are built.
0:44:17 > 0:44:19Did know the layout, cos it's more or less the same.
0:44:19 > 0:44:22I've got other family members that live close by,
0:44:22 > 0:44:25so it's just the same layout as that.
0:44:25 > 0:44:27So, yeah, took a risk, but...
0:44:27 > 0:44:32- I read up - I read the legal pack! - Thank goodness for that.
0:44:33 > 0:44:37Ah, well - at least she did read the legal pack.
0:44:37 > 0:44:43So, now Sandra's seen INSIDE the house, where is she going to start?
0:44:43 > 0:44:47And what will her decision be on the bathroom and toilet?
0:44:47 > 0:44:49Keep it separate, or knock it together?
0:44:51 > 0:44:55Bathroom and toilet upstairs, they're separate - that needs to go into one.
0:44:55 > 0:44:56There's three bedrooms. Erm...
0:44:56 > 0:45:00I don't need think there's too much needs done with those.
0:45:00 > 0:45:02The kitchen needs quite a bit of work,
0:45:02 > 0:45:05and I'll probably knock out one or two kitchen walls.
0:45:05 > 0:45:07So who's going to do the work?
0:45:07 > 0:45:12Er, the team of workers that have just done my own house.
0:45:12 > 0:45:15So I know their standard of work, and they're reliable.
0:45:15 > 0:45:18- So what sort of budget have you put aside?- I've put aside 10,000.
0:45:18 > 0:45:21But with a contingency if it does go over that.
0:45:21 > 0:45:24Are you going to get your fingers dirty at all?
0:45:24 > 0:45:26I'll knock a few walls down and help, yes.
0:45:26 > 0:45:29Probably do some decoration.
0:45:29 > 0:45:31I'll sort the garden out, I'm a keen gardener. I don't mind that.
0:45:31 > 0:45:35- And what's the timescale?- Three to four months, I'm hoping for.
0:45:35 > 0:45:37- Well, congratulations.- Thank you. - Good luck with it.
0:45:37 > 0:45:41- Really looking forward to it. - Look forward to seeing how you get on.- Thank you.
0:45:41 > 0:45:47Former detective Sandra not really using her super-sleuthing skills before buying this place.
0:45:47 > 0:45:51Not even seeing it beforehand inside - tut-tut!
0:45:51 > 0:45:55But I think she's got a good place here and, yeah, good plans for it.
0:45:55 > 0:45:59How will she get on? You can find out later in the show.
0:46:02 > 0:46:05Well, it's easy to put things off till tomorrow,
0:46:05 > 0:46:09but time is money and delays can be expensive.
0:46:09 > 0:46:12So have our buyers been busy, or let the grass grow under their feet?
0:46:12 > 0:46:14Let's check them out.
0:46:17 > 0:46:20We've taken the A50 back to Heron Cross,
0:46:20 > 0:46:22just two miles from Stoke city centre, to this
0:46:22 > 0:46:27three-bed mid-terrace, bought by Rob for £50,000 at auction.
0:46:29 > 0:46:31Rob works with his dad, Bob,
0:46:31 > 0:46:34who was a newsagent before they sold the business to go into property.
0:46:34 > 0:46:36This is their seventh venture,
0:46:36 > 0:46:41and they were looking at a £3,000 makeover budget.
0:46:41 > 0:46:43So Dad stepped in to help out?
0:46:43 > 0:46:46- Oh, yes.- Slave labour?- Yes.
0:46:46 > 0:46:49It's for all them times when you had me doing them paper rounds for nothing!
0:46:49 > 0:46:52- That's right, yes.- You're working for me for nothing now.
0:46:52 > 0:46:55- Did you used to get him to do paper rounds for nothing?- Oh, yes!
0:46:55 > 0:46:57- For nothing?- Oh, yes.
0:46:57 > 0:47:00Five o'clock in the morning, on your bike, freezing cold?
0:47:00 > 0:47:04- He wouldn't get me a bike. - He was on the payroll.
0:47:04 > 0:47:07- I was when I was 16. - On the payroll at zero?!
0:47:07 > 0:47:10I started working full time for you, didn't I, when I was 16,
0:47:10 > 0:47:12but from the age of 12 it was zero.
0:47:14 > 0:47:20Seven weeks later, and we're back to see the changes.
0:47:20 > 0:47:25# Well, change in the weather Change in the sea... #
0:47:25 > 0:47:26Erm, what have we done?
0:47:26 > 0:47:29We've replaced windows,
0:47:29 > 0:47:30we've replaced windows on the front,
0:47:30 > 0:47:35frames, put nice golden oak frames in.
0:47:35 > 0:47:36Spruced up the kitchen.
0:47:39 > 0:47:42We've put some downlighters in the kitchen there,
0:47:42 > 0:47:46some kitchen lighting as well underneath the units.
0:47:46 > 0:47:49Spruced up the living room, bathroom.
0:47:49 > 0:47:51Downlighters in the bathroom.
0:47:51 > 0:47:54Now, come on, there must have been some problems, though?
0:47:54 > 0:47:59All the electrics were shot everywhere, so we've had to do electrics.
0:47:59 > 0:48:02Carpeted all through, lick of paint - job done.
0:48:05 > 0:48:09Father and son's property renovation is a winter warmer
0:48:09 > 0:48:13from Rob's summer business of bouncy castle party hire.
0:48:17 > 0:48:21I did actually go away for a week, so I was missing for a week.
0:48:21 > 0:48:24Dad got cracked on.
0:48:24 > 0:48:28- Did a lot of painting, didn't you? - Certainly did.- So, er...
0:48:28 > 0:48:30yeah, Dad's done a hell of a lot of painting.
0:48:30 > 0:48:31And not just painting.
0:48:31 > 0:48:33Remember that half-finished loft space?
0:48:37 > 0:48:40OK, yeah - up here in the attic, we re-boarded it,
0:48:40 > 0:48:43we insulated it all.
0:48:43 > 0:48:48Replastered, we've put electrics in, smokes, lighting,
0:48:48 > 0:48:51repainted. It's looking quite well, I think.
0:48:51 > 0:48:54I think the original budget was about 3,000.
0:48:54 > 0:48:56We've gone over with the electrics
0:48:56 > 0:48:59cos there was more electrical work that needed doing.
0:48:59 > 0:49:03We've come in at about three and a half, which is not too bad.
0:49:05 > 0:49:08Before we hear from our local property experts, remember,
0:49:08 > 0:49:14Rob and Bob's spend so far has totalled £53,500.
0:49:14 > 0:49:16So, how have they done?
0:49:18 > 0:49:20I think the owners have done a great job.
0:49:20 > 0:49:23It's very well presented, and I'm sure it'll appeal to tenants
0:49:23 > 0:49:25and prospective purchasers.
0:49:25 > 0:49:27The property's been done to a good standard throughout.
0:49:27 > 0:49:30New carpets, fresh decoration.
0:49:30 > 0:49:31Modern kitchen and modern bathroom
0:49:31 > 0:49:34and obviously central heating and double glazing.
0:49:34 > 0:49:35I quite like the kitchen and the bathroom.
0:49:35 > 0:49:39They've done a great job with the cosmetic improvements and certainly benefited from it.
0:49:39 > 0:49:42I also like the study area which has been created upstairs,
0:49:42 > 0:49:47I think that will be very appealing to prospective buyers or tenants.
0:49:47 > 0:49:50Looking around the property, there's nothing that I would have done differently.
0:49:50 > 0:49:53I think the owners have hit the nail on the head with this one.
0:49:53 > 0:49:55At the moment in Heron Cross, the majority of people
0:49:55 > 0:49:58looking at a property of this calibre are investors.
0:49:58 > 0:50:00There's not many occupiers looking to purchase,
0:50:00 > 0:50:05however, they do create excellent rental returns for the investors.
0:50:07 > 0:50:11Do our experts think there's a profit in this property?
0:50:13 > 0:50:16If I was to put this property onto the market for sale,
0:50:16 > 0:50:20I would advertise it at a price of £69,950
0:50:20 > 0:50:25and expect to achieve a sale somewhere between that figure and £65,000.
0:50:25 > 0:50:28- Oh.- Yeah, that's what I was thinking, about that.
0:50:28 > 0:50:31The current sales market, I would expect the property to achieve
0:50:31 > 0:50:33in the region of £75,000.
0:50:33 > 0:50:36- That's good, yeah.- That's good.
0:50:36 > 0:50:41Is a potential profit of between £11,000 and £21,000 enough
0:50:41 > 0:50:43to tempt them into selling?
0:50:43 > 0:50:45We've always rented.
0:50:45 > 0:50:49You never had any intention...
0:50:49 > 0:50:51I would never sell them. Always rent, always rent.
0:50:51 > 0:50:54If I was to put this property onto the rental market,
0:50:54 > 0:50:56I would expect it would achieve a figure somewhere around
0:50:56 > 0:51:00£425 - £450 per calendar month.
0:51:00 > 0:51:03In today's current climate, for rental, I would expect the property
0:51:03 > 0:51:05to achieve around £425 per calendar month.
0:51:05 > 0:51:09We'll get more than that. We're getting £475
0:51:09 > 0:51:10per calendar month.
0:51:10 > 0:51:12It's quite good.
0:51:13 > 0:51:15Rob and Bob have already lined up a tenant
0:51:15 > 0:51:18that will earn them a yield of over 10%.
0:51:21 > 0:51:23The tenant came down to look at it.
0:51:23 > 0:51:27She liked it and asked if she could put her own touches to it.
0:51:27 > 0:51:31She's been popping down with pictures and curtains
0:51:31 > 0:51:34and she's chosen the colour of the colour scheme.
0:51:34 > 0:51:37Yes. Even the front windows were double glazed.
0:51:37 > 0:51:41But she wanted this brown putting in...
0:51:41 > 0:51:43She'd seen one at one of my other properties.
0:51:43 > 0:51:46We even did that for her - put new windows in,
0:51:46 > 0:51:48which really didn't need them.
0:51:48 > 0:51:51- We'd have come in under budget, then, wouldn't we?- Yeah!
0:51:51 > 0:51:52HE LAUGHS
0:51:52 > 0:51:53Yeah.
0:52:01 > 0:52:04We're turning our attention to Whitehaven in Cumbria now
0:52:04 > 0:52:07and this house, which we had under surveillance earlier.
0:52:08 > 0:52:10# Private eyes
0:52:10 > 0:52:11# They're watching you... #
0:52:12 > 0:52:17It was apprehended at auction by former police detective Sandra
0:52:17 > 0:52:19for the sum of £45,000.
0:52:21 > 0:52:25I've just retired after 32 years in the police force.
0:52:25 > 0:52:28I needed something to occupy my mind so I decided
0:52:28 > 0:52:29I would go to the auction and buy a house.
0:52:29 > 0:52:33Despite her sleuthing skills, Sandra didn't do all her detective work
0:52:33 > 0:52:36on this property before buying.
0:52:36 > 0:52:39- Let me get this right. A detective? - Yep.- Looking at the absolute
0:52:39 > 0:52:42minute detail, meticulous, and you didn't even look at it before
0:52:42 > 0:52:47- you bought it?!- I couldn't attend on the viewing date.
0:52:47 > 0:52:48I'll let Sandra off with a caution.
0:52:48 > 0:52:51At least she did know the area well
0:52:51 > 0:52:53and the type of house as she's local.
0:52:53 > 0:52:56She bought it with the intention of refurbishing it
0:52:56 > 0:52:58as a rental investment.
0:52:58 > 0:53:00What budget have you put aside?
0:53:00 > 0:53:02I've put aside £10,000.
0:53:02 > 0:53:04- What's the timescale? - Three to four months, I'm hoping for.
0:53:04 > 0:53:07Five months later, has Sandra completed
0:53:07 > 0:53:10her forensic refit?
0:53:17 > 0:53:19# I'll give you something
0:53:19 > 0:53:22# To write home about
0:53:23 > 0:53:25# And I'll take you somewhere
0:53:25 > 0:53:28# Show you around... #
0:53:29 > 0:53:32This part of the kitchen was actually the external shed.
0:53:34 > 0:53:39We've knocked two walls down, one along here, one along here...
0:53:39 > 0:53:42and incorporated the shed into the kitchen
0:53:42 > 0:53:45to give it a lovely big dining/kitchen area.
0:53:47 > 0:53:51I'm pleased to see that Sandra has decided to open up this kitchen.
0:53:52 > 0:53:56In fact, it's given the whole of the downstairs a more spacious feel,
0:53:56 > 0:53:58extending through to the living room, which has
0:53:58 > 0:54:01also had a full makeover.
0:54:03 > 0:54:06There was an old fireplace, wooden panelling, everything.
0:54:06 > 0:54:09Took all that down. Put a new fire in.
0:54:09 > 0:54:10Put some new French doors
0:54:10 > 0:54:13between the kitchen and the living room,
0:54:13 > 0:54:15plastered all the walls.
0:54:15 > 0:54:17All the walls were done and all the ceilings.
0:54:17 > 0:54:20New flooring, new skirting - everything was replaced,
0:54:20 > 0:54:22downstairs and upstairs.
0:54:23 > 0:54:26Speaking of the upstairs, what about that separate bathroom
0:54:26 > 0:54:28and toilet?
0:54:28 > 0:54:30Did Sandra go ahead with her plan to knock it through
0:54:30 > 0:54:32into one room?
0:54:35 > 0:54:38Well, you know my feelings about keeping them separate.
0:54:38 > 0:54:41I'm glad the burgundy suite has gone, though, replaced
0:54:41 > 0:54:44with a modern white one, complete with shower.
0:54:47 > 0:54:49The bedrooms have all been given a spruce-up
0:54:49 > 0:54:51and carpeted throughout.
0:54:55 > 0:54:57Even though it all looks good now, the job
0:54:57 > 0:55:00hasn't gone entirely according to plan.
0:55:00 > 0:55:03The builders that promised me that they would help
0:55:03 > 0:55:07then said they were too busy, it would be three or four months
0:55:07 > 0:55:10before they could help. I was in a bit of a quandary then.
0:55:10 > 0:55:13Luckily, out of the mist, came a knight in shining armour
0:55:13 > 0:55:16from across the road, an old friend of mine
0:55:16 > 0:55:17who I didn't realise was a builder.
0:55:17 > 0:55:20He came across. He'd heard I was having problems
0:55:20 > 0:55:21and he offered to do the job,
0:55:21 > 0:55:24which was fantastic.
0:55:24 > 0:55:26It was just a couple of extra weeks I was delayed
0:55:26 > 0:55:27before I got started.
0:55:28 > 0:55:32Did she stick to her £10,000 budget or did she need to dip into
0:55:32 > 0:55:34her £5,000 contingency?
0:55:34 > 0:55:38We were on target and just slightly under when we finished
0:55:38 > 0:55:41but then I decided I wanted to do the outside rendering as well
0:55:41 > 0:55:43so that took me over my budget
0:55:43 > 0:55:44by two grand.
0:55:44 > 0:55:48That's a purchase price of £45,000 at auction
0:55:48 > 0:55:50plus £17,000 in renovation costs,
0:55:50 > 0:55:55making a total of £62,000 for this three-bedroomed house.
0:56:01 > 0:56:03Let's find out if a couple of local estate agents
0:56:03 > 0:56:06think that Sandra has made a sound investment.
0:56:08 > 0:56:11The first thing that struck me was the fact that the property
0:56:11 > 0:56:13was so open downstairs.
0:56:13 > 0:56:16It's clear, it flows really, really well.
0:56:16 > 0:56:21I think by opening up the space to make the kitchen-diner larger,
0:56:21 > 0:56:25has maximised what they could do with this type of property.
0:56:28 > 0:56:30It's a good-sized, family property.
0:56:30 > 0:56:35First-time buyer, young couples will look for this type of house.
0:56:36 > 0:56:39Sandra has spent a total of £62,000.
0:56:39 > 0:56:41Was it money well spent?
0:56:43 > 0:56:47I would value the property in the region of £80,000.
0:56:47 > 0:56:51Minus taxes and expenses, that runs to a potential profit
0:56:51 > 0:56:52of £18,000.
0:56:52 > 0:56:55That's bang-on what I was expecting, to be honest.
0:56:55 > 0:56:59That's how I'd figured myself, £80,000.
0:56:59 > 0:57:02But all along, Sandra intended to rent this property out.
0:57:02 > 0:57:05In fact, she already has a tenant lined up.
0:57:05 > 0:57:08So what could this place achieve as a rental?
0:57:10 > 0:57:13I think this property could get between £400 and £450
0:57:13 > 0:57:14per calendar month.
0:57:14 > 0:57:19£425 to £450 per calendar month.
0:57:19 > 0:57:22I've agreed a price with my tenant.
0:57:22 > 0:57:24He's paying £435,
0:57:24 > 0:57:27so that works in well with that.
0:57:28 > 0:57:33It looks like case closed with a healthy yield of 8.5%.
0:57:33 > 0:57:35This house wasn't Sandra's only retirement project.
0:57:35 > 0:57:38She also aimed to get a puppy.
0:57:38 > 0:57:39- Sit!- Meet Jess.
0:57:39 > 0:57:42Sit down. Sit down!
0:57:44 > 0:57:46# I see you... #
0:57:46 > 0:57:47Come on. Bring it here.
0:57:49 > 0:57:51Sit. Sit. Sit down, good girl.
0:57:51 > 0:57:53Hmm. Between puppies and property development...
0:57:53 > 0:57:56You're normally well-behaved, you.
0:57:56 > 0:57:58..I can't quite decide which is the harder work!
0:58:02 > 0:58:05That's it for today. Join us next time when we'll have
0:58:05 > 0:58:08more interesting properties being sold under the hammer.
0:58:08 > 0:58:11We'll have more flats, maisonettes and plots of land for you to follow
0:58:11 > 0:58:12next time.