0:00:02 > 0:00:03Hello and welcome to the show.
0:00:03 > 0:00:06Now, the reason we always recommend viewing a project
0:00:06 > 0:00:09before bidding for it is that each property is truly unique.
0:00:09 > 0:00:11Yes, until you actually go inside a place,
0:00:11 > 0:00:14you don't know what kind of a state it's in.
0:00:14 > 0:00:18Does it need taking back to bare brick or just a quick lick of paint?
0:00:18 > 0:00:20Yes, but if you like what you see when you view,
0:00:20 > 0:00:23get yourself down to the auction, but buckle up,
0:00:23 > 0:00:26stick to your guns and don't go over budget.
0:00:52 > 0:00:55There is a real buzz in the auction house.
0:00:55 > 0:00:58It's fast-paced and the atmosphere is electric.
0:00:58 > 0:01:02But in a room full of bidders trying to outbid each other,
0:01:02 > 0:01:04it's crucial to keep a cool head.
0:01:04 > 0:01:06Yeah, so let's see who did that
0:01:06 > 0:01:09and find out what they bought on today's show.
0:01:11 > 0:01:13I'm in my old stomping ground of Norwich,
0:01:13 > 0:01:16but I'll be treading lightly at this three-bed terrace.
0:01:16 > 0:01:17Wish me luck!
0:01:21 > 0:01:26It's more crammed in than crampons at this tiny cottage in Brynmawr.
0:01:26 > 0:01:29Really, what you've got is this one room.
0:01:31 > 0:01:34And you can take a hike if you think I'm using this loo
0:01:34 > 0:01:37at this two-bed semi in Maidstone.
0:01:37 > 0:01:38I've heard of quirky,
0:01:38 > 0:01:41but actually seeing through the door to the toilet?
0:01:42 > 0:01:43£40,000 I'm bid.
0:01:43 > 0:01:45All these properties have been sold at auction
0:01:45 > 0:01:47and we'll find out who bought them
0:01:47 > 0:01:49and what they paid when they went under the hammer.
0:01:49 > 0:01:50Yours, sir, well done.
0:01:54 > 0:01:56DION: Today's destination in East Anglia
0:01:56 > 0:02:01is the home of Norwich City Football Club, also known as the Canaries.
0:02:01 > 0:02:04Their majority shareholder and my friend
0:02:04 > 0:02:07is famous TV chef Delia Smith.
0:02:07 > 0:02:11And Norwich is a club I started and finished my football career at.
0:02:11 > 0:02:14So, hopefully, I'm going to love this property
0:02:14 > 0:02:16as much as I do Norwich itself.
0:02:18 > 0:02:21I'm in a part of Norwich I know reasonably well.
0:02:21 > 0:02:23This particular area is called the Golden Triangle.
0:02:23 > 0:02:26It's about a ten-minute walk away from the city centre
0:02:26 > 0:02:28and you've got all the local amenities,
0:02:28 > 0:02:32restaurants and pubs you could wish for, all within walking distance.
0:02:32 > 0:02:34This is the property I'm here to see.
0:02:34 > 0:02:37It's a three-bed mid-terrace house,
0:02:37 > 0:02:41over four floors with a guide price of £250,000 plus.
0:02:41 > 0:02:43It looks OK to me.
0:02:45 > 0:02:48Norwich's Golden Triangle has been dubbed the city's Notting Hill
0:02:48 > 0:02:53and it's a conservation area, so has retained its Victorian character.
0:02:53 > 0:02:58In fact, as locations go, it's purrr-fect.
0:02:58 > 0:02:59So, what do we have?
0:03:00 > 0:03:05OK, we've got a front room here with a nice big bay window,
0:03:05 > 0:03:07nice original fireplace as well.
0:03:07 > 0:03:09That's a decent-sized front room.
0:03:09 > 0:03:12Down the hallway, stairs up to the bedrooms,
0:03:12 > 0:03:14quite steep stairs, actually, up to the bedrooms,
0:03:14 > 0:03:17into another reception room.
0:03:17 > 0:03:19Fireplace, again, very similar to the one in the front.
0:03:19 > 0:03:22Central heating and a nice big window.
0:03:22 > 0:03:25Now, I know this was previously rented out to students
0:03:25 > 0:03:29and this will have been put in to create another separate bedroom.
0:03:29 > 0:03:32For me, if you're looking to buy this property as a family home,
0:03:32 > 0:03:34you could quite easily take that out,
0:03:34 > 0:03:37have a nice big living room, lounge area.
0:03:37 > 0:03:40Now, do I go upstairs or downstairs?
0:03:41 > 0:03:42I'm going to go down.
0:03:46 > 0:03:49On the lower ground floor is the kitchen,
0:03:49 > 0:03:52which although quite charming in its own quirky way,
0:03:52 > 0:03:53really needs updating.
0:03:56 > 0:03:59There's also a good-sized room with a window,
0:03:59 > 0:04:02a bathroom and a modest-sized garden.
0:04:06 > 0:04:07There's plenty of space here,
0:04:07 > 0:04:10so you do have the option of knocking down that wall
0:04:10 > 0:04:12for open-plan living, if that's your thing.
0:04:18 > 0:04:22So, up on the first floor, we've got a decent-sized bathroom just here
0:04:22 > 0:04:25with shower over the bath as well.
0:04:25 > 0:04:28It is a bit tired, a bit old-fashioned.
0:04:28 > 0:04:29I'd definitely get that changed.
0:04:29 > 0:04:34And you've got a smaller bedroom here, with fireplace as well.
0:04:34 > 0:04:37Down the hallway, you've got a nice, big bedroom
0:04:37 > 0:04:39at the front of the property.
0:04:39 > 0:04:42Now, I have seen some steep stairs in my time.
0:04:42 > 0:04:47I'm pretty sure these wouldn't pass current building regulations.
0:04:47 > 0:04:50But I'm going to give them a go all the same.
0:04:50 > 0:04:51Wish me luck.
0:04:53 > 0:04:55# Livin' on the edge!
0:04:55 > 0:04:59# You can't help yourself from fallin'
0:04:59 > 0:05:00# Livin' on the edge!
0:05:02 > 0:05:04# Everybody! Everybody! #
0:05:06 > 0:05:09If you like living on the edge, you could keep these stairs,
0:05:09 > 0:05:13but personally, I would get them changed ASAP.
0:05:13 > 0:05:16Now, although this place was rented out previously,
0:05:16 > 0:05:18I think this could make a nice family home.
0:05:22 > 0:05:25What does a local estate agent think would be the best option
0:05:25 > 0:05:28for this lot, guided at £250,000?
0:05:30 > 0:05:33Having had a look around the property, I think it offers
0:05:33 > 0:05:36flexible accommodation for either the family market
0:05:36 > 0:05:39or also the student market, which is very popular in this area.
0:05:39 > 0:05:42The layout works currently for a student market,
0:05:42 > 0:05:44with the individual rooms.
0:05:44 > 0:05:47You would need to make sure that you adhere to certain regulations,
0:05:47 > 0:05:51include fire doors, gas safety and electric checks as well.
0:05:51 > 0:05:53For a family market I think,
0:05:53 > 0:05:55kind of, a bit of reconfiguration,
0:05:55 > 0:05:57especially on the ground floor and the basement,
0:05:57 > 0:05:59would work really, really well.
0:05:59 > 0:06:02It could go either way. But which would be more profitable?
0:06:02 > 0:06:05What could it be worth once renovated as a family home?
0:06:07 > 0:06:12Once renovated, I believe this property could achieve £385,000.
0:06:12 > 0:06:16And what if you were to rent it out, room by room, as a HMO,
0:06:16 > 0:06:17a house of multiple occupancy?
0:06:19 > 0:06:22If this property was let out to sharers as an HMO,
0:06:22 > 0:06:25I believe you could achieve around £1,500 per calendar month.
0:06:27 > 0:06:30This is a quirky house that could appeal to an investor
0:06:30 > 0:06:32or someone looking for a nice, family home.
0:06:32 > 0:06:35There's a reasonable amount of work to be done.
0:06:35 > 0:06:37I think you may have to reconfigure some parts of the house,
0:06:37 > 0:06:40but you'd definitely have to sort out those stairs
0:06:40 > 0:06:41at the top of the building.
0:06:41 > 0:06:43Let's see who was up for the challenge
0:06:43 > 0:06:44when it went under the hammer.
0:06:44 > 0:06:47Golden Triangle, good spot, a hall entrance, terraced.
0:06:47 > 0:06:49Start me off at 250.
0:06:49 > 0:06:51250,000?
0:06:51 > 0:06:53250,000?
0:06:53 > 0:06:55240, then?
0:06:55 > 0:06:57230?
0:06:57 > 0:07:01230. 235? 240?
0:07:01 > 0:07:04235, I've got. Looking for 240.
0:07:04 > 0:07:06240, I've got. 245?
0:07:06 > 0:07:09245. 250? 250. 255.
0:07:12 > 0:07:14No? At £250,000.
0:07:14 > 0:07:15Looking for 255.
0:07:16 > 0:07:19OK, at £250,000, then.
0:07:19 > 0:07:20I'll take one.
0:07:22 > 0:07:24It's got to be worth more than 250, surely?
0:07:25 > 0:07:30OK, at £250,000 then, it's yours, sir, at 250 for the first time,
0:07:30 > 0:07:35for the second time at £250,000, third and final time,
0:07:35 > 0:07:36it's going to be sold.
0:07:37 > 0:07:39Congratulations, well done, sir.
0:07:42 > 0:07:44After a very short auction,
0:07:44 > 0:07:47getting the property for the guide price of £250,000
0:07:47 > 0:07:51was chartered surveyor Arthur and partner Kirsty, who is a HR manager.
0:07:53 > 0:07:55I caught up with them back at their new property
0:07:55 > 0:07:57to find out what their plans were.
0:07:59 > 0:08:01- Arthur, nice to meet you.- Hi. - Congratulations.- Hi.
0:08:01 > 0:08:03- Kirsty, nice to meet you too. - Thank you.
0:08:03 > 0:08:06Tell us why you bought this particular property.
0:08:07 > 0:08:10It was the street that really drew us to this property.
0:08:10 > 0:08:12We only live sort of a mile down the road, but, yeah,
0:08:12 > 0:08:14a really nice, pretty one,
0:08:14 > 0:08:16and it's probably the only sort of affordable house
0:08:16 > 0:08:19- that we could get around here. - Are you going to rent it out?
0:08:19 > 0:08:21Are you going to sell it? Or are you going to live in it?
0:08:21 > 0:08:23- We're going to live in it. - So, it's going to be your home?
0:08:23 > 0:08:26- It is, yeah.- Yeah. Definitely. - But you have a home at the moment?
0:08:26 > 0:08:28We have a home at the moment,
0:08:28 > 0:08:31but we put it on the market as soon as we got this at auction,
0:08:31 > 0:08:33but it's already sold,
0:08:33 > 0:08:35so it looks like we're going to have to be living in here
0:08:35 > 0:08:38- sooner than anticipated.- Yes, can be a little uncomfortable sometimes.
0:08:38 > 0:08:40- Yeah!- What do you want to do with it?
0:08:40 > 0:08:43So, we're going to knock through, to make it one big living room.
0:08:43 > 0:08:46- Yeah.- We're going to try and keep the fireplaces,
0:08:46 > 0:08:50we're going to restore the floorboards and just redecorate it.
0:08:50 > 0:08:53OK. And that's the only wall you're knocking down here?
0:08:53 > 0:08:56- On this floor, yeah. - Good. Let's go to the basement.
0:08:56 > 0:08:58What are you going to do down there?
0:08:58 > 0:09:00We're going to knock through the dividing wall there
0:09:00 > 0:09:02and it'll be a kitchen diner, so a new kitchen
0:09:02 > 0:09:05and we're also going to put a utility in downstairs as well.
0:09:05 > 0:09:07Oh, so right at the end is going to be the...
0:09:07 > 0:09:09Oh, good idea. Very good idea.
0:09:09 > 0:09:12Tell me about upstairs, then.
0:09:12 > 0:09:15We're not going to do a lot to the bedrooms upstairs,
0:09:15 > 0:09:17because there isn't really too much to do.
0:09:17 > 0:09:20They're all in quite good condition really, so...
0:09:20 > 0:09:22- And new bathroom as well.- Oh, yeah.
0:09:22 > 0:09:24Let's go one level up, the second floor.
0:09:24 > 0:09:28- It's a really steep staircase, isn't it?- Yeah.- Yeah.
0:09:28 > 0:09:32Well, because they had to have a fire door at the top of the stairs,
0:09:32 > 0:09:34they've had to sort of create, like, a corridor,
0:09:34 > 0:09:37like a landing area at the top of the stairs, which takes up
0:09:37 > 0:09:40so much of the room, whereas I want to take that out
0:09:40 > 0:09:42and really open it up, up there.
0:09:42 > 0:09:44So, it will be a nice room up there.
0:09:44 > 0:09:47It's just the obstacle that is the stairs leading up to it.
0:09:47 > 0:09:50We're going to get some advice and see what they say,
0:09:50 > 0:09:53but it's not at the top of our list. We want to make it liveable first.
0:09:53 > 0:09:55Probably do that in a few months' time.
0:09:56 > 0:09:59There is certainly plenty to be getting on with,
0:09:59 > 0:10:02but Kirsty and Arthur have some experience
0:10:02 > 0:10:04as they've already renovated a property
0:10:04 > 0:10:06which they currently rent out,
0:10:06 > 0:10:09so hopefully their estimates are bang on.
0:10:09 > 0:10:11What's the budget for all the work?
0:10:12 > 0:10:1435-40,000.
0:10:14 > 0:10:16We made a bit of money on the house that we've just sold,
0:10:16 > 0:10:19so that's sort of funding all the work that needs to be done.
0:10:19 > 0:10:22Where will most of that money go?
0:10:22 > 0:10:25The kitchen, in the basement, I think is where it's all going to go.
0:10:25 > 0:10:27And who's going to do the work?
0:10:27 > 0:10:29We'll do as much work as we can.
0:10:29 > 0:10:31- Kirsty's good at painting.- Yeah!
0:10:31 > 0:10:35But, yeah, some of it we'll have to get people in to do.
0:10:35 > 0:10:39The house that we did up before, we found a few contacts through there,
0:10:39 > 0:10:41so we know that they're good at what they do,
0:10:41 > 0:10:43so we'll use them and hopefully,
0:10:43 > 0:10:46- they'll be around in a few weeks to do that, so...- The key, isn't it?
0:10:46 > 0:10:49The key is trying to find people that you can trust to do a good job.
0:10:49 > 0:10:53- Definitely.- Well, I know that Kirsty will be doing the painting.
0:10:53 > 0:10:56- What are you going to be doing? - I'm taking down the walls.
0:10:56 > 0:10:58Oh, you see!
0:10:58 > 0:11:00- Destruction.- Yes.
0:11:00 > 0:11:03- Hammer.- Easy stuff, yeah. - Sledgehammer and get stuck in.
0:11:03 > 0:11:06- Yeah.- How long are you hoping the work's going to take?
0:11:07 > 0:11:10- I think six months.- Yeah. - About six months, we would say.
0:11:10 > 0:11:13And that's with you two mucking in, and all your mates?
0:11:13 > 0:11:16- Yeah. That's it!- Definitely.- As many people that we can get in to do it.
0:11:16 > 0:11:18Are you roping in any of your family as well?
0:11:18 > 0:11:21We're not local, so, no, no.
0:11:21 > 0:11:25Lucky for them, they're not close enough to help out with the work.
0:11:25 > 0:11:27- So, where's home for you? - I'm from Staffordshire.
0:11:27 > 0:11:30- And yourself?- And I'm from Solihull, which is just south of Birmingham.
0:11:30 > 0:11:32But why Norwich? Cos it's so far away.
0:11:34 > 0:11:38Yeah, the company that I work for, sort of international company,
0:11:38 > 0:11:43so I applied to their HQ and then you get put out there
0:11:43 > 0:11:46in different places and I was asked to go to Norwich,
0:11:46 > 0:11:49so I happily accepted, Kirsty came with me.
0:11:49 > 0:11:51Yeah. My job let me go there as well, so...
0:11:51 > 0:11:52Having been here before,
0:11:52 > 0:11:55a long time ago when I was playing for Norwich City, lovely area,
0:11:55 > 0:11:58really good area this is. Very nice people in Norwich.
0:11:58 > 0:12:00I'm trying to give you a quick history lesson
0:12:00 > 0:12:03on how nice it is here and what a good idea it was to move here.
0:12:04 > 0:12:08As you may have noticed, it's an area I'm very fond of,
0:12:08 > 0:12:10so in my book, it's a very good decision.
0:12:10 > 0:12:13But I'll stop banging on about Norwich and let them get on with it.
0:12:15 > 0:12:17So, what's the first thing you're going to do?
0:12:17 > 0:12:19Kitchen. Kitchen, yeah.
0:12:19 > 0:12:21At the moment, it's got really horrible stuff,
0:12:21 > 0:12:23that I don't know if it works,
0:12:23 > 0:12:27so we need to sort that out first and we really think the basement
0:12:27 > 0:12:30has value to be added, so we're trying to make that nice.
0:12:30 > 0:12:33- Is that a bit of pressure off Kirsty, then?- Yeah.- Yes!
0:12:33 > 0:12:35I'm not sure who's the boss, but I can guess.
0:12:38 > 0:12:40Listen, I wish you both well.
0:12:40 > 0:12:42Arthur, good luck, sir. Hope it works out for you.
0:12:42 > 0:12:45- Thank you.- Kirsty, good luck. - Thank you.
0:12:47 > 0:12:49So, this is going to be Kirsty and Arthur's new home,
0:12:49 > 0:12:51but they have got a lot of work to do,
0:12:51 > 0:12:54as well as sorting that steep staircase out,
0:12:54 > 0:12:55right at the top of the building.
0:12:55 > 0:12:58Just how much of the budget will that staircase take up?
0:12:58 > 0:13:01You can find out how they get on later on in the programme.
0:13:04 > 0:13:08MARTIN: Today, I'm around 30 miles north of Cardiff
0:13:08 > 0:13:11in the South Wales market town of Brynmawr.
0:13:11 > 0:13:14Its name translates from Welsh simply to mean big hill,
0:13:14 > 0:13:17and though once a coal and iron mining area,
0:13:17 > 0:13:21with plans for the Circuit of Wales motor-racing track
0:13:21 > 0:13:24to be built nearby, there are hopes that this area
0:13:24 > 0:13:28is revving itself up for a potential economic boom.
0:13:28 > 0:13:31But currently, I'm just hoping the weather improves.
0:13:31 > 0:13:34# Why does it always rain on me?
0:13:36 > 0:13:37# Is it because I... #
0:13:37 > 0:13:43Well, right by the side of this busy road and this even busier roundabout
0:13:43 > 0:13:45is the property I'm here to see.
0:13:45 > 0:13:48Now, it's down by this little path that the word little
0:13:48 > 0:13:52takes on the whole new meaning when it comes to the property itself.
0:13:53 > 0:13:56Because it's this, a one-bedroomed cottage.
0:13:57 > 0:14:00OK, but here's the really interesting thing.
0:14:00 > 0:14:02The guide price,
0:14:02 > 0:14:05just £8,000.
0:14:05 > 0:14:07Yes, just eight.
0:14:07 > 0:14:11That's got to make it one of the cheapest properties in the UK.
0:14:13 > 0:14:14Let's take a look around inside.
0:14:14 > 0:14:17Something tells me it's not going to take long.
0:14:19 > 0:14:228,000. 8,000?!
0:14:22 > 0:14:24That's just well, well, it's just...
0:14:24 > 0:14:25# You're unbelievable! #
0:14:29 > 0:14:31Right, pretty much as predicted, then.
0:14:34 > 0:14:38Downstairs, really what you've got is this one room.
0:14:38 > 0:14:40I mean, storage radiators, that's good.
0:14:42 > 0:14:44Upstairs, I think I shall avoid investigating up there,
0:14:44 > 0:14:48those stairs look really, really dodgy.
0:14:48 > 0:14:50Through to the kitchen...
0:14:54 > 0:14:55OK.
0:14:56 > 0:14:58Seen better days.
0:14:58 > 0:15:00I mean...
0:15:00 > 0:15:01Wow.
0:15:03 > 0:15:05Still, what do we expect for that guide price?
0:15:07 > 0:15:09Small, pokey, tiny, it's all that and more.
0:15:09 > 0:15:12Cats couldn't even jiggle in here, let alone swing.
0:15:14 > 0:15:16# Live-a-live-a-live-a little!
0:15:18 > 0:15:20# Live-a-live-a-live-a little!
0:15:22 > 0:15:24# Live-a-live-a-live-a little! #
0:15:24 > 0:15:28It's wider at the front than the back, how does that work?
0:15:29 > 0:15:30And as for the stairs,
0:15:30 > 0:15:33they're more suited to a ship's cabin than a house.
0:15:33 > 0:15:36Nope, it's just not working.
0:15:36 > 0:15:38I'm even beginning to think it might be overpriced!
0:15:41 > 0:15:44Wait a minute, where's the smallest room in the house?
0:15:46 > 0:15:49Well, out the back of the property, this little building.
0:15:49 > 0:15:52Now, this is not a garden loo.
0:15:52 > 0:15:54This actually, believe it or not,
0:15:54 > 0:15:57is the only toilet and bathroom facilities...
0:15:59 > 0:16:00..in the property.
0:16:01 > 0:16:04So, one of the first things we're going to have to consider
0:16:04 > 0:16:05is bringing this inside.
0:16:05 > 0:16:08Unfortunately, I can't see anywhere where it would go.
0:16:08 > 0:16:12An extension is definitely on the cards.
0:16:13 > 0:16:15# And I feel so all alone
0:16:18 > 0:16:22# No-one's gonna fix me when I'm broke. #
0:16:24 > 0:16:26No, I don't think anyone's going to miss this.
0:16:26 > 0:16:29And even when you're inside this outside toilet,
0:16:29 > 0:16:33you're still outside, because the roof has fallen in.
0:16:33 > 0:16:35This has to go.
0:16:35 > 0:16:38So, could you reclaim a bit of the garden and still have room
0:16:38 > 0:16:40for an extension at the back of the house?
0:16:40 > 0:16:44And out front, there could also be room for improvement.
0:16:44 > 0:16:45But being a terrace,
0:16:45 > 0:16:48any development would involve party wall agreements
0:16:48 > 0:16:50with both neighbours, which can be costly.
0:16:51 > 0:16:54Now I'm starting to wonder about this one.
0:16:54 > 0:16:56Perhaps it's not the potential bargain of the year
0:16:56 > 0:16:58it first appeared to be.
0:17:01 > 0:17:03What does a local estate agent think?
0:17:07 > 0:17:09The guide price of £8,000. Wow, what a steal!
0:17:09 > 0:17:12I've never seen a property in this area go onto the market
0:17:12 > 0:17:14at a guide price of so little,
0:17:14 > 0:17:17so it might actually one of the cheapest properties
0:17:17 > 0:17:19sold in the area to date.
0:17:19 > 0:17:23It does lend itself to being extended and if that was the case,
0:17:23 > 0:17:26you could obviously make things a lot more usable
0:17:26 > 0:17:28and incorporate a bathroom
0:17:28 > 0:17:31and you know, maybe add another bedroom,
0:17:31 > 0:17:35so you could potentially have a two-bedroom mid-terraced house
0:17:35 > 0:17:39and it would be ideal then for a family or first-time buyer.
0:17:39 > 0:17:44Building this house up and out is likely to cost considerably more
0:17:44 > 0:17:46than what was an £8,000 guide price,
0:17:46 > 0:17:48so what sort of value might it reach?
0:17:50 > 0:17:51It's a one-bedroom house.
0:17:51 > 0:17:54In this area, you could be looking on the open market
0:17:54 > 0:17:57anything around £35,000.
0:17:57 > 0:17:59If you were to extend the property and make it
0:17:59 > 0:18:01into a two-bedroom mid-terraced house,
0:18:01 > 0:18:04then on the upper market, you'd be looking at achieving
0:18:04 > 0:18:06anything around £65,000.
0:18:09 > 0:18:13Claustrophobia, the fear of confined spaces.
0:18:13 > 0:18:18If you're one of the 10% of the UK population who that affects,
0:18:18 > 0:18:21then this property really isn't for you.
0:18:21 > 0:18:22However, you know what,
0:18:22 > 0:18:26at that guide price, it's an interesting proposition, isn't it?
0:18:26 > 0:18:28Hmm.
0:18:28 > 0:18:31Let's see who went for it when it went under the hammer.
0:18:31 > 0:18:34Small one-bedroom property.
0:18:34 > 0:18:36Needs everything doing to it. Well, I say everything doing to it.
0:18:36 > 0:18:40The roof's actually pretty good, but otherwise needs complete renovation.
0:18:40 > 0:18:425,000 to get it started.
0:18:42 > 0:18:45Five, surely, come on. Four. Somebody shout me a figure.
0:18:45 > 0:18:48I don't care where we start. Thank you, four I've got you at four.
0:18:48 > 0:18:49Now five, can I see? Five.
0:18:49 > 0:18:51Six, seven.
0:18:51 > 0:18:53Seven, eight, nine.
0:18:53 > 0:18:55Ten, 11.
0:18:55 > 0:18:58I've lost you. 11, thank you, 11. 12? 12.
0:18:58 > 0:18:5913. 14.
0:18:59 > 0:19:02At 14,000. 15 I'll take from anybody.
0:19:02 > 0:19:04It's 14,000. 14,500 if it helps you.
0:19:04 > 0:19:0714.5, thank you, new bid at 14.5.
0:19:07 > 0:19:0815 and back to you.
0:19:08 > 0:19:1115, if you like. 15, thank you, 15.
0:19:11 > 0:19:1315.5. 15.5.
0:19:13 > 0:19:1516. 16?
0:19:15 > 0:19:18At 15.5 for the first time.
0:19:18 > 0:19:20At 15.5 second time.
0:19:20 > 0:19:24Third and last time at £15,500.
0:19:24 > 0:19:25Yours, sir, well done.
0:19:26 > 0:19:33And paying the whopping £15,500 were Graham and Lima.
0:19:33 > 0:19:38Graham runs a key cutting and shoe repair business and has three shops.
0:19:38 > 0:19:42His Estonian wife Lima looks after the book-keeping in the business,
0:19:42 > 0:19:46and she's been keen to encourage Graham to forge a new career path
0:19:46 > 0:19:48in property developing.
0:19:48 > 0:19:54# Hey, I put some new shoes on and suddenly everything's right
0:19:54 > 0:19:55# I said... #
0:19:55 > 0:19:57Graham, Lima, great to meet you both.
0:19:57 > 0:19:58Congratulations.
0:19:58 > 0:20:01I am quite relieved you're not, like, 6ft4 or something.
0:20:01 > 0:20:03It helps!
0:20:04 > 0:20:09So, tell me why you wanted to buy this rather small little property.
0:20:09 > 0:20:14Well, we've been entering the property market
0:20:14 > 0:20:16since the middle of last year.
0:20:16 > 0:20:21And we were sort of going round and round and round this area,
0:20:21 > 0:20:26and this property was for sale in the September auction last year.
0:20:26 > 0:20:29At the auction, we bid for it but got outbid.
0:20:29 > 0:20:33- It went for £16,500.- Wow.
0:20:33 > 0:20:35So, we bought something else.
0:20:35 > 0:20:38That was above your budget? £16,500?
0:20:38 > 0:20:41- Well, this has a value. Everything has a value.- Of course.
0:20:41 > 0:20:45- We felt it was a bit over the... - Yeah.
0:20:45 > 0:20:50In February auction, we were surprised to find it was back in.
0:20:50 > 0:20:52So, we've had another go.
0:20:52 > 0:20:54And we got it for £15,500.
0:20:54 > 0:20:56- Well done.- So, somewhere, thank you very much.
0:20:56 > 0:21:00- Which made all the difference! - Yes, £1,000 made all the difference.
0:21:00 > 0:21:03So, what was it that made you want to carry on pursuing it?
0:21:03 > 0:21:06Was it just the price or...? Because it does have a charm.
0:21:06 > 0:21:09I have to say, Graham likes something quirky
0:21:09 > 0:21:11and he likes challenges.
0:21:11 > 0:21:15It is a challenge, isn't it? To see what we can do with it.
0:21:16 > 0:21:20Graham and Lima live over two hours away in the Midlands,
0:21:20 > 0:21:22but they have other properties in the area,
0:21:22 > 0:21:26so will use one of these as a base when working on the house.
0:21:26 > 0:21:28Graham is currently studying law,
0:21:28 > 0:21:30which might be useful here, methinks.
0:21:30 > 0:21:33And he's also been reading up about the property's history.
0:21:35 > 0:21:39Apparently in the early 1800s, when all these were built,
0:21:39 > 0:21:44the builder started at both ends, got his measurements wrong...
0:21:44 > 0:21:46- No!- Ended up with this.
0:21:46 > 0:21:48- No!- I have been told that twice, independently.
0:21:50 > 0:21:54One of the things that we found out from the neighbours was that,
0:21:54 > 0:21:58in the early days, this was lived in by a family,
0:21:58 > 0:22:00mum and dad and four children.
0:22:00 > 0:22:02- Four?- In this little place.
0:22:03 > 0:22:04Wow!
0:22:04 > 0:22:07That's amazing. A family of six in here.
0:22:07 > 0:22:09Makes you think, doesn't it?
0:22:09 > 0:22:13But that's the past, what's going to happen to it in the future?
0:22:13 > 0:22:15We'll have the new roof line up here.
0:22:16 > 0:22:19What we want to do is increase the footprint, obviously,
0:22:19 > 0:22:22so we're going to boost the front out, up to the roof line,
0:22:22 > 0:22:25and come just up at the back.
0:22:25 > 0:22:28Right. When you say push out, you mean, what?
0:22:28 > 0:22:30- Take out the wall, or what? - This has got to come down.
0:22:30 > 0:22:33- What, the whole thing?- Yeah. - Knock the whole house down?
0:22:33 > 0:22:36More than likely. My architect said it's really a demolition job.
0:22:36 > 0:22:41- Oh!- And then a new front wall up, over.
0:22:41 > 0:22:46Build up the rear wall, and we'll have a living room, stairs up,
0:22:46 > 0:22:51kitchen area, and upstairs, one bed with en suite.
0:22:51 > 0:22:55There will be room for a hand basin, toilet and a shower.
0:22:55 > 0:22:57Crikey! Graham makes it sound simple.
0:22:57 > 0:23:00But he's going to need planning, party wall agreements,
0:23:00 > 0:23:04and of course, demolition and building between two other houses
0:23:04 > 0:23:06will involve some practical difficulties.
0:23:08 > 0:23:10So, what's the budget, then?
0:23:10 > 0:23:12- 25.- 25.
0:23:12 > 0:23:13That's to do this whole rebuild?
0:23:13 > 0:23:17Well, it is one wall at the front, over the top,
0:23:17 > 0:23:19- extending back up.- Right.
0:23:19 > 0:23:22So, Lima, what is your involvement going to be?
0:23:22 > 0:23:25Well, I found out on previous property that I can paint,
0:23:25 > 0:23:29I can clear rubbish, a lot of cleaning, cups of tea,
0:23:29 > 0:23:31so I will do what I can.
0:23:31 > 0:23:33And what will you do?
0:23:33 > 0:23:38In my younger days, I did everything bar the essential trades.
0:23:38 > 0:23:39Gas, electricity, plumbing.
0:23:40 > 0:23:44So I can plaster, I will probably put the timbers in,
0:23:44 > 0:23:47and the floorboards, and site manage.
0:23:47 > 0:23:49Right. Well, it's all very exciting.
0:23:49 > 0:23:53- Yes.- I think, I imagine we will see a transformation when we come back.
0:23:53 > 0:23:54How long is it going to take?
0:23:54 > 0:23:56Well, would you think about six months,
0:23:56 > 0:23:59- would be reasonable? - Yeah, that seems good to me.
0:23:59 > 0:24:01- Yeah.- We'll come back in six months, then.
0:24:01 > 0:24:03- Yes.- Listen, best of luck to you both.
0:24:03 > 0:24:08- I can't wait to see...- Thank you. - ..how it all turns out.- Goodbye.
0:24:11 > 0:24:14Well, renovating this place is going to be a bit more of a challenge
0:24:14 > 0:24:17than the repairs that Graham's used to.
0:24:17 > 0:24:18And of course, they do have to get
0:24:18 > 0:24:20that all-important planning permission.
0:24:20 > 0:24:22Still, tune in later to find out
0:24:22 > 0:24:26if they manage to put the heart and soul back into this house,
0:24:26 > 0:24:28and of course, if they manage to heal it.
0:24:30 > 0:24:34MARTEL: Still to come, it's a case of size versus scent
0:24:34 > 0:24:36at this two-bed semi in Maidstone.
0:24:36 > 0:24:39I like the size of this room. It really smells of damp.
0:24:41 > 0:24:43MARTIN: And we'll find out what Graham and Lima
0:24:43 > 0:24:46are keeping shtum about in South Wales.
0:24:46 > 0:24:48I don't want to say any more!
0:24:54 > 0:24:57DION: Back to the city of Norwich in East Anglia.
0:24:58 > 0:25:01Situated in the desirable Golden Triangle area
0:25:01 > 0:25:04was this three-bed terrace house over four floors
0:25:04 > 0:25:08that went to auction with a guide price of 250 grand plus.
0:25:09 > 0:25:12Now, inside was in pretty good condition,
0:25:12 > 0:25:15but the layout had been chopped and changed over years,
0:25:15 > 0:25:18and was left feeling quite boxy.
0:25:18 > 0:25:21Now, I know this was previously rented out to students,
0:25:21 > 0:25:25and this would have been put in to create another separate bedroom.
0:25:25 > 0:25:28For me, if you're looking to buy this property as a family home,
0:25:28 > 0:25:30you could quite easily take that out,
0:25:30 > 0:25:33have a nice big living room, lounge area.
0:25:34 > 0:25:37The lower ground floor was a touch more rustic,
0:25:37 > 0:25:39and could definitely do with some modernisation.
0:25:41 > 0:25:45On the first floor was a second bathroom and two bedrooms.
0:25:45 > 0:25:47Or what I like to call base camp.
0:25:49 > 0:25:52Now, I have seen some steep stairs in my time,
0:25:52 > 0:25:56and I'm pretty sure these wouldn't pass current building regulations.
0:25:58 > 0:25:59Crampons at the ready for these stairs
0:25:59 > 0:26:02if you wanted to reach that third bedroom.
0:26:03 > 0:26:06Climbing up the property ladder were Arthur and Kirsty.
0:26:07 > 0:26:10They had just sold a property to buy this one at auction
0:26:10 > 0:26:13for bang on the guide price of £250,000.
0:26:13 > 0:26:15I reckon they've done well,
0:26:15 > 0:26:18because this property is in Norwich's Golden Triangle.
0:26:19 > 0:26:22It was the street that really drew us to this property.
0:26:22 > 0:26:25We only live sort of a mile down the road, but, yeah,
0:26:25 > 0:26:28really nice pretty one, and it's probably the only sort of
0:26:28 > 0:26:31affordable house that we could get around here.
0:26:31 > 0:26:33I have to say, I like the sound of their plans.
0:26:33 > 0:26:35Especially for the basement.
0:26:36 > 0:26:38We're going to knock through the dividing wall there
0:26:38 > 0:26:41and it will be a kitchen diner, so a new kitchen,
0:26:41 > 0:26:43and we're also going to put a utility in downstairs as well.
0:26:43 > 0:26:45Oh, so, right at the end, is going to be the...
0:26:45 > 0:26:47Oh, good idea.
0:26:47 > 0:26:52They had a decent budget of 35-40 grand to make their changes.
0:26:52 > 0:26:54And they were going to do a fair bit of the work themselves
0:26:54 > 0:26:58while living there over a six-month period.
0:26:58 > 0:27:01It's now two years later and we're back.
0:27:11 > 0:27:13Wow, what an incredible transformation.
0:27:13 > 0:27:16Losing that central wall has made all the difference,
0:27:16 > 0:27:18and I do love that colour scheme.
0:27:22 > 0:27:26The small study at the back has also had a stylish makeover,
0:27:26 > 0:27:27but what about the basement?
0:27:32 > 0:27:35Another wall down and it just gets better.
0:27:35 > 0:27:40What was two outdated rooms is now a really trendy kitchen diner,
0:27:40 > 0:27:43and I love that they've kept the original fireplace.
0:27:43 > 0:27:44It looks brilliant.
0:27:49 > 0:27:51The upstairs is looking stunning,
0:27:51 > 0:27:54with a roll-top bath and mosaic tiles.
0:27:57 > 0:27:58And the two bedrooms on the first floor
0:27:58 > 0:28:02are looking nice and bright and have brand-new carpets.
0:28:04 > 0:28:07The house is looking amazing. I'm tempted to move in myself.
0:28:07 > 0:28:10But I am sure living in it, while renovating it,
0:28:10 > 0:28:12wasn't a walk in the park.
0:28:13 > 0:28:17It wasn't particularly comfortable when we didn't have a kitchen
0:28:17 > 0:28:18and a very horrible bathroom,
0:28:18 > 0:28:21so that was probably the biggest challenge.
0:28:21 > 0:28:25The second-biggest challenge was finding a configuration
0:28:25 > 0:28:28for the replacement stairs from the first to the second floor
0:28:28 > 0:28:31that would actually work in practical terms,
0:28:31 > 0:28:33and also to get building regulations.
0:28:36 > 0:28:39It may have been a challenge, but they have done it.
0:28:42 > 0:28:44By changing the level of the landing,
0:28:44 > 0:28:46there's so much more space for the stairs
0:28:46 > 0:28:48without eating into that attic bedroom.
0:28:48 > 0:28:51More importantly, they are safe to climb,
0:28:51 > 0:28:53but they've had their work cut out.
0:28:54 > 0:28:56Hopefully, they haven't gone over budget.
0:28:57 > 0:29:01So, the original budget was £40,000.
0:29:01 > 0:29:05And I came under it pretty much with every aspect apart from the kitchen.
0:29:05 > 0:29:07Because that went about £10,000 over.
0:29:07 > 0:29:10My overall spend was £47,000.
0:29:11 > 0:29:13It's not ideal,
0:29:13 > 0:29:16but what they have achieved for that is pretty spectacular.
0:29:16 > 0:29:20And Arthur kept the costs down by doing what he could himself
0:29:20 > 0:29:22and brought in certified tradespeople
0:29:22 > 0:29:24to do the jobs he couldn't.
0:29:24 > 0:29:28So, it's more or less gone to plan, but why did it take so long?
0:29:29 > 0:29:32To be honest, six months was a completely unrealistic timescale.
0:29:32 > 0:29:35I hadn't really thought about it before I was asked
0:29:35 > 0:29:37because it was one of those things, it takes as long as it takes.
0:29:37 > 0:29:40So, yeah, it took about two years.
0:29:40 > 0:29:44It may have taken two years, but is it worth it, now it's done?
0:29:45 > 0:29:50I'm really happy with how it's finished up, and really proud of it.
0:29:50 > 0:29:53I just don't know what I'm going to do with all my spare time now.
0:29:54 > 0:29:58It's a brilliant job, no two ways about it.
0:29:58 > 0:30:01So, it's time to find out what two local estate agents
0:30:01 > 0:30:03make of the results of two years' hard graft
0:30:03 > 0:30:06and the £297,000 spent.
0:30:08 > 0:30:10I think it's a really good property.
0:30:10 > 0:30:13The kitchen in particular is a great feature to the home.
0:30:13 > 0:30:16The bathroom's superb and we've got some really nice sized bedrooms.
0:30:16 > 0:30:19So, I think we've got a really good character property
0:30:19 > 0:30:20in a great location.
0:30:20 > 0:30:22Impressions are really good. It's got a great modern finish.
0:30:22 > 0:30:25I think it's been made the best of what they could,
0:30:25 > 0:30:26to maximise the kitchen space,
0:30:26 > 0:30:29you've got good reception space from the sizes.
0:30:29 > 0:30:30It's really maximised what's here.
0:30:30 > 0:30:34I know this road really well and it's amazing what he's done.
0:30:35 > 0:30:37This house could definitely prove popular,
0:30:37 > 0:30:39but of course, it's not for sale.
0:30:39 > 0:30:42But humour me, what could it achieve, if it was?
0:30:43 > 0:30:47I'd place a value on this at £425,000.
0:30:47 > 0:30:50With the successful viewing events and so on,
0:30:50 > 0:30:52that could easily sort of go upwards.
0:30:52 > 0:30:55The sale value for this property would be £475,000.
0:30:55 > 0:30:58That's better than I was hoping.
0:30:58 > 0:31:03I bought this with a view to it being 325-350.
0:31:03 > 0:31:06So, I am over the moon with those figures.
0:31:06 > 0:31:07And it's no wonder.
0:31:07 > 0:31:13That top figure of £475,000 could mean a profit, minus taxes and fees,
0:31:13 > 0:31:16of, wait for it, 178 grand.
0:31:16 > 0:31:18Now, that could come in handy.
0:31:18 > 0:31:22475, that's very tempting to have that lump sum, but no,
0:31:22 > 0:31:25I will certainly stay here in the meantime.
0:31:25 > 0:31:29In this case, the Golden Triangle seems to be the golden ticket,
0:31:29 > 0:31:31but does Arthur have any golden advice
0:31:31 > 0:31:34for any other budding developers?
0:31:34 > 0:31:38Look at it round a couple of times before going to auction
0:31:38 > 0:31:41and take a builder to give you a rough estimate
0:31:41 > 0:31:46on all the different aspects of the pricing, and also a surveyor.
0:31:49 > 0:31:52- MARTEL:- I'm in the county town of Maidstone in Kent.
0:31:52 > 0:31:54Maidstone lies at the heart of the Garden of England,
0:31:54 > 0:32:00referred to as such because of its many fruit orchards and top gardens.
0:32:00 > 0:32:02The area is steeped in history,
0:32:02 > 0:32:06but also benefits from a bustling high street with lots of shops,
0:32:06 > 0:32:08bars and restaurants.
0:32:08 > 0:32:11It's only 20 minutes from London's St Pancras,
0:32:11 > 0:32:13so it's also a popular commuter town.
0:32:13 > 0:32:15# You never know
0:32:17 > 0:32:20# In the Garden of England... #
0:32:20 > 0:32:23This street is just a 15 minute walk from the town centre,
0:32:23 > 0:32:27and just around the corner is an historic building.
0:32:27 > 0:32:30But I'm not sure it will be the biggest selling point
0:32:30 > 0:32:32for the property I'm here to see. Built in 1819, it's...
0:32:32 > 0:32:35Well, it's the prison.
0:32:35 > 0:32:38From those brick walls to the ones I'm going to see,
0:32:38 > 0:32:44and it's a two-bedroom semi with a guide price of £185,000-£195,000.
0:32:44 > 0:32:45Here it is.
0:32:48 > 0:32:49Into our hallway.
0:32:49 > 0:32:52Interestingly, this has the type of flooring
0:32:52 > 0:32:56that you might associate with an alleyway that ran beside a house,
0:32:56 > 0:32:59perhaps they've incorporated this into the house,
0:32:59 > 0:33:02so you come through a really lovely archway.
0:33:02 > 0:33:05Straight ahead, steep stairs.
0:33:05 > 0:33:09Here we have a reception room, which is really nicely proportioned.
0:33:09 > 0:33:11It feels quite solid.
0:33:11 > 0:33:14A fireplace, which I like a great deal.
0:33:14 > 0:33:17Could add some character, if you renovated it a wee bit.
0:33:17 > 0:33:21There's double glazing, central heating, all plus points.
0:33:21 > 0:33:24Through to our kitchen. Very tired, dated.
0:33:24 > 0:33:26Probably needs to come out.
0:33:26 > 0:33:28But, again, a decent size.
0:33:28 > 0:33:29A really decent size.
0:33:29 > 0:33:33The bathroom, perhaps typically for a property of this age,
0:33:33 > 0:33:36is behind the kitchen on the ground floor.
0:33:36 > 0:33:39Not ideal. It would be good to have it along with the bedrooms,
0:33:39 > 0:33:44and a couple of cupboards, big cupboards, almost tiny little rooms,
0:33:44 > 0:33:46that I didn't expect.
0:33:46 > 0:33:49It really feels like there's wasted space here
0:33:49 > 0:33:51that you could do so much with.
0:33:51 > 0:33:55I don't really like very steep, narrow stairs,
0:33:55 > 0:33:57and I think I'd try to move them
0:33:57 > 0:33:59and perhaps have a better layout as a result.
0:34:01 > 0:34:04You could even extend the kitchen sideways into the garden,
0:34:04 > 0:34:06there's certainly space for it.
0:34:08 > 0:34:11Upstairs to our bedrooms.
0:34:11 > 0:34:13The first, decent size.
0:34:13 > 0:34:14Seems solid enough.
0:34:14 > 0:34:19Through we come to another really well-proportioned bedroom,
0:34:19 > 0:34:21which actually has an en-suite.
0:34:21 > 0:34:24So here's the en-suite. It's not quite like any I've seen before.
0:34:24 > 0:34:25I've heard of quirky,
0:34:25 > 0:34:27but actually seeing through the door to the toilet?
0:34:27 > 0:34:29That's most unusual.
0:34:29 > 0:34:32I think that needs to go. Stud partition could come down,
0:34:32 > 0:34:35make extra space, and there's a real feeling
0:34:35 > 0:34:39that with careful consideration you could have a family bathroom
0:34:39 > 0:34:41that's accessible to both bedrooms.
0:34:41 > 0:34:44# We're against privacy... #
0:34:44 > 0:34:47What's more is that there is already plumbing up here,
0:34:47 > 0:34:50so it shouldn't cost the earth to install something
0:34:50 > 0:34:53a little bigger and a lot more private.
0:34:53 > 0:34:55If you really wanted to expand this place,
0:34:55 > 0:34:58there might be potential in the loft, but, wait,
0:34:58 > 0:35:02there is another option, as this place also has a basement.
0:35:03 > 0:35:06Actually, it's a really good space down here.
0:35:06 > 0:35:08It feels like it's been used for something before,
0:35:08 > 0:35:11because you've carpet coming down from the stairs,
0:35:11 > 0:35:15and then this room, a decent size, no window,
0:35:15 > 0:35:19building regulations mean that that couldn't be used as a bedroom,
0:35:19 > 0:35:22and, through here, I like the size of this room.
0:35:22 > 0:35:24It really smells of damp, but, you know,
0:35:24 > 0:35:28that might just be because it's been uninhabited for a long time.
0:35:28 > 0:35:30Now, it does have a window,
0:35:30 > 0:35:33so you might be thinking, aha, third bedroom.
0:35:33 > 0:35:36But basements can be a challenge to meet building regs.
0:35:36 > 0:35:39The window has to qualify as an escape route
0:35:39 > 0:35:42and ceilings need to be fire resistant as safety measures.
0:35:42 > 0:35:46And, last but not least, there's tanking required.
0:35:47 > 0:35:50So it has potential, but it's not without its issues.
0:35:51 > 0:35:55Let's see if a local estate agent could get excited about this house,
0:35:55 > 0:35:59guided at £185,000-£195,000.
0:36:01 > 0:36:03The property needs a complete overhaul.
0:36:03 > 0:36:05For me, there's a lot of potential with it.
0:36:05 > 0:36:08With the basement, I would definitely convert it, tank it out,
0:36:08 > 0:36:10make that into a third bedroom.
0:36:10 > 0:36:12That's quite a big job, and expensive as well.
0:36:12 > 0:36:15But if you do it, you'll definitely get the repercussions from the price
0:36:15 > 0:36:17when you come to selling it.
0:36:17 > 0:36:20Tanking a cellar involves applying a waterproof coating
0:36:20 > 0:36:22to the surface of the walls and floor.
0:36:22 > 0:36:26It prevents water ingress, making the walls watertight,
0:36:26 > 0:36:29and stopping the cellar from becoming damp and mouldy.
0:36:30 > 0:36:35The agent estimated tanking costs at between 10-15 grand,
0:36:35 > 0:36:39but will an extra bedroom add that much value?
0:36:39 > 0:36:41Once renovated, this property as a two-bed,
0:36:41 > 0:36:44would sell for roughly £250,000.
0:36:44 > 0:36:47With a full conversion, converting into a three-bedroom home,
0:36:47 > 0:36:49the property could achieve anywhere between
0:36:49 > 0:36:51£300,000 and £310,000.
0:36:52 > 0:36:56My verdict on this property is it's in need of refurbishment
0:36:56 > 0:36:59and could definitely benefit from some layout tweaks,
0:36:59 > 0:37:02but with the bonus of that cellar, it really has potential.
0:37:02 > 0:37:05Let's find out who agreed when it went to auction.
0:37:05 > 0:37:07Lot 76.
0:37:07 > 0:37:10It's a semidetached house for improvement and what shall we say,
0:37:10 > 0:37:12start me at 180? 180,
0:37:12 > 0:37:15you wouldn't be wasting your time. £180,000 anywhere?
0:37:15 > 0:37:18170 then. 170, thank you.
0:37:18 > 0:37:20£170,000 I have.
0:37:20 > 0:37:21172.
0:37:21 > 0:37:24After a slow start, the bidding does get going.
0:37:24 > 0:37:27We join at £191,000.
0:37:27 > 0:37:29191.
0:37:29 > 0:37:32He's running out of money in the front row. 192 is behind you.
0:37:32 > 0:37:33193.
0:37:33 > 0:37:34194.
0:37:34 > 0:37:36195.
0:37:36 > 0:37:42At £194,000 then, for the first time, £194,000 for the second time.
0:37:42 > 0:37:45I thought you were going to do that.
0:37:45 > 0:37:46195.
0:37:46 > 0:37:48My dentist pulls teeth faster than you.
0:37:48 > 0:37:50196, 197.
0:37:50 > 0:37:53No? At £196,000,
0:37:53 > 0:37:57the gentleman in the dark blue shirt for 196 for the first time.
0:37:57 > 0:38:00£196,000 for the second time.
0:38:00 > 0:38:03For the third and final time, you're out in the green, are you all done?
0:38:03 > 0:38:06Sold at £196,000.
0:38:06 > 0:38:10The successful bid of £196,000 came from Bernie.
0:38:10 > 0:38:15Bernie is a busy man, and he's been on the show twice before,
0:38:15 > 0:38:19most recently when I met him at his acquisition in Dover.
0:38:19 > 0:38:23Not only does Bernie have a portfolio of around 30 properties,
0:38:23 > 0:38:26he also owns an IT recruitment agency
0:38:26 > 0:38:31and runs children's homes with his wife. Despite his full-on schedule,
0:38:31 > 0:38:34he managed to meet me back at his latest project.
0:38:34 > 0:38:36Bernie, fantastic to see you.
0:38:36 > 0:38:39- Lovely to see you. - Again.- Again, indeed.
0:38:39 > 0:38:41Congratulations on your newest property.
0:38:41 > 0:38:43Talk me through this property.
0:38:43 > 0:38:45This property is obviously a bigger one,
0:38:45 > 0:38:46there's a lot more work to do here.
0:38:46 > 0:38:49The other one was a straight in-out kind of job.
0:38:49 > 0:38:54This one's got to do walls, move staircases, moved...
0:38:54 > 0:38:56but we're still very pleased with it.
0:38:56 > 0:39:01And our normal approach is the more we can do,
0:39:01 > 0:39:02the more that needs doing,
0:39:02 > 0:39:05obviously the more profit
0:39:05 > 0:39:07that a property makes, so...
0:39:07 > 0:39:08Very optimistic about this one.
0:39:08 > 0:39:10Yeah. Tell me what it is that you plan to do.
0:39:10 > 0:39:14Both the staircases are kind of in the middle of the property.
0:39:14 > 0:39:17Obviously at both ends, top and bottom of the staircases.
0:39:17 > 0:39:20If we can move them against the wall and then we can open up the property
0:39:20 > 0:39:25and make it a lot lighter, airier, more open-plan down here.
0:39:25 > 0:39:30And on the next floor up, then we'll be able to put a bathroom,
0:39:30 > 0:39:35more or less in the space that the staircase's currently wasting.
0:39:35 > 0:39:38The kitchen hopefully will move into where the bathroom is,
0:39:38 > 0:39:42and then this will become a through lounge with the existing lounge
0:39:42 > 0:39:44so that's the other side of the wall behind you.
0:39:44 > 0:39:47And, then, downstairs and the lower floor...
0:39:48 > 0:39:51..we'll have one bedroom and another room.
0:39:51 > 0:39:54That room won't have a window in it,
0:39:54 > 0:39:58so it could equally be used as a games room, as an office.
0:39:58 > 0:40:00That'll be down to the people that buy it.
0:40:00 > 0:40:02We'll just make it all nice and modern and clean.
0:40:03 > 0:40:05Wow, that is quite the list,
0:40:05 > 0:40:10and Bernie aims to get all that work done for a budget of 35-40 grand.
0:40:10 > 0:40:14But, with his trusty builder pal on board, it shouldn't be a problem.
0:40:16 > 0:40:19We have to give a bit of a hero's mention to the guy who helps you.
0:40:19 > 0:40:22To my friend and builder Ray.
0:40:22 > 0:40:25- Yeah.- And his team, of course.
0:40:25 > 0:40:27Ray is invaluable.
0:40:27 > 0:40:29His input is invaluable, isn't it?
0:40:29 > 0:40:34- Yes.- You're the brains behind the finances and Ray comes in
0:40:34 > 0:40:37- and he's fantastic, isn't he? - I said to him,
0:40:37 > 0:40:40look upon it as I am the good-looking one of the arrangement,
0:40:40 > 0:40:42and Ray does all the work.
0:40:42 > 0:40:44You've both got a certain charm, Bernie.
0:40:44 > 0:40:48Is there anything that's worrying you in particular?
0:40:48 > 0:40:51No. No, I wouldn't say there's anything that's worrying me.
0:40:51 > 0:40:55This property does have the pleasure of being next door
0:40:55 > 0:40:58to a funeral directors. That might put some people off.
0:40:58 > 0:41:01But we've had issues with a property in the past
0:41:01 > 0:41:04- that's been opposite a cemetery. - A funeral directors is a shop.
0:41:04 > 0:41:08If it had to be next to something, it would be nicer, I guess,
0:41:08 > 0:41:11to be next to a newsagent than a funeral directors, but...
0:41:11 > 0:41:13It's a mild concern.
0:41:13 > 0:41:15It's nothing, nothing major.
0:41:15 > 0:41:19Now, there's another building which is not next door but not far away,
0:41:19 > 0:41:21around the corner, a short walk, and that's a prison.
0:41:21 > 0:41:25- Yes.- Does that give you any doubts or worries?
0:41:25 > 0:41:28If you can have a pretty looking prison,
0:41:28 > 0:41:30it's quite a pretty looking prison.
0:41:30 > 0:41:34The wall is obviously old-fashioned, kind of castley image,
0:41:34 > 0:41:36rather than barbed wire and...
0:41:37 > 0:41:42- ..railings and things.- Yeah.- So, that one doesn't actually worry me.
0:41:42 > 0:41:45How long do you want the turnaround to be?
0:41:45 > 0:41:48I would like the turnaround to be next Tuesday, obviously.
0:41:48 > 0:41:51But I think that might be a bit optimistic,
0:41:51 > 0:41:53given the amount of work doing here.
0:41:53 > 0:41:56Optimistically, I would say three months.
0:41:56 > 0:41:58I anticipate it'll take four.
0:41:58 > 0:42:01Well, you've got the experience. You know what can be done.
0:42:01 > 0:42:02You've taken on worse.
0:42:02 > 0:42:04Oh, considerably.
0:42:04 > 0:42:09Yes, and indeed bigger projects than this one.
0:42:09 > 0:42:12Best of luck, Bernie. Can't wait to see what you do with the place.
0:42:12 > 0:42:15- Congratulations again. - Thank you very much.
0:42:17 > 0:42:20So another property for experienced developer Bernie,
0:42:20 > 0:42:23and he's got some big plans to turn this round,
0:42:23 > 0:42:27but will his builder Ray be able to transform that cellar into something
0:42:27 > 0:42:32more homely, creating a third bedroom and a good family bathroom
0:42:32 > 0:42:35on the first floor? You can find out later in the show.
0:42:38 > 0:42:41We've seen what's happened to one of the properties,
0:42:41 > 0:42:43but we've still got two to catch up with.
0:42:43 > 0:42:45Yes, did they stick to the script
0:42:45 > 0:42:47or did it all unravel in the final act?
0:42:47 > 0:42:49Time to find out.
0:42:49 > 0:42:50Let's go back and see.
0:42:52 > 0:42:55Time to get back to the market town of Brynmawr,
0:42:55 > 0:42:59around 30 miles north of Cardiff, where I saw this teeny,
0:42:59 > 0:43:04tiny one-bed cottage that had a guide price to match.
0:43:04 > 0:43:07Just £8,000.
0:43:07 > 0:43:12# I-I-I-I-I'm not free
0:43:12 > 0:43:13# Oh, but I'm cheap... #
0:43:15 > 0:43:16OK, £8,000
0:43:16 > 0:43:19is still a fair amount of money, but not for a house.
0:43:19 > 0:43:21However, on closer inspection,
0:43:21 > 0:43:24this began to seem less and less of a bargain.
0:43:25 > 0:43:31Downstairs, really what you've got is this one room.
0:43:32 > 0:43:36It may have been small, but it did have everything one person needs.
0:43:36 > 0:43:39Even if it wasn't all under one roof.
0:43:42 > 0:43:44This actually, believe it or not,
0:43:44 > 0:43:49is the only toilet and bathroom facilities in the property.
0:43:51 > 0:43:55- 16?- When it came to auction, they may have gone way over the guide,
0:43:55 > 0:44:01but Graham and his wife Lima still bought the property for £15,500,
0:44:01 > 0:44:04and the pair had some big plans for this little house.
0:44:06 > 0:44:09What we want to do is increase the footprint, obviously,
0:44:09 > 0:44:11so we're going to push the front out, up to the roof line,
0:44:11 > 0:44:15and come just up at the back.
0:44:15 > 0:44:18Right. When you say push out, you mean, what?
0:44:18 > 0:44:21- Take out the wall or...?- Basically, all this has got to come down.
0:44:21 > 0:44:23- The whole thing?- Yes. - Knock the whole house down?
0:44:23 > 0:44:24More than likely.
0:44:24 > 0:44:27Their other plans included, of course,
0:44:27 > 0:44:31getting the outdoor bathroom back inside the main house.
0:44:31 > 0:44:34But as it was a mid-terrace property, any building work
0:44:34 > 0:44:38would be subject to getting a party wall agreement from both neighbours.
0:44:42 > 0:44:45So, would Graham and Lima get permission to get
0:44:45 > 0:44:48the party started on their renovation project
0:44:48 > 0:44:52that had a £25,000 budget and a six-month timescale?
0:44:52 > 0:44:53Let's find out.
0:44:57 > 0:45:00# It's my party and I'll cry if I want to
0:45:00 > 0:45:02# Cry if I want to
0:45:02 > 0:45:04# Cry if I want to
0:45:04 > 0:45:08# You would cry too if it happened to you... #
0:45:12 > 0:45:15Three years on and the house is still just a shell,
0:45:15 > 0:45:17but that doesn't mean that nothing's been done.
0:45:17 > 0:45:21The house has been demolished and rebuilt with extensions
0:45:21 > 0:45:25at the front and rear and there is now space to fit a bathroom inside.
0:45:29 > 0:45:33An archaeological survey Graham and Lima were obliged to undertake
0:45:33 > 0:45:37before beginning work revealed a large fireplace
0:45:37 > 0:45:39which has opened up the living area.
0:45:42 > 0:45:43It wasn't all good news,
0:45:43 > 0:45:47as the dig did put them three grand out of pocket and delayed
0:45:47 > 0:45:50the beginning of the build, and, after that, well,
0:45:50 > 0:45:53things didn't get much easier.
0:45:53 > 0:45:56The main complication was something called the Party Wall Act
0:45:56 > 0:46:00which means that when you work like this,
0:46:00 > 0:46:05you have to engage party wall surveyors for here
0:46:05 > 0:46:08and next door and next door.
0:46:08 > 0:46:12The building owner has to pay for all the surveyors
0:46:12 > 0:46:18and before you know it, you're embroiled in endless litigation
0:46:18 > 0:46:24and surveyors and problems and it becomes quite a hodgepodge.
0:46:24 > 0:46:28# You would cry too if it happened to you... #
0:46:29 > 0:46:33The party wall issue took up quite a bit of time and money,
0:46:33 > 0:46:36but it turned out the law degree Graham has
0:46:36 > 0:46:38now graduated from came in handy.
0:46:38 > 0:46:42He even wrote his thesis on the Party Wall Act,
0:46:42 > 0:46:45but even when they were able to start building,
0:46:45 > 0:46:47luck still wasn't on their side.
0:46:48 > 0:46:54We were going to have a construction called S-I-P, SIP construction,
0:46:54 > 0:46:59which is two sheets of OSB board with foam in the middle and they're
0:46:59 > 0:47:03structural and you put the whole building up, including the roof,
0:47:03 > 0:47:05in these panels.
0:47:05 > 0:47:11So we paid for that, £23,000, and the day before delivery,
0:47:11 > 0:47:14the firm in Scotland went into administration.
0:47:14 > 0:47:19That was a tough blow, not just in the financial stakes,
0:47:19 > 0:47:24but the idea of using OSB, or oriented strand board,
0:47:24 > 0:47:27would have helped gain a few vital dimensions inside the property.
0:47:27 > 0:47:30However, they've bravely picked themselves up
0:47:30 > 0:47:34and carried on using the traditional cavity wall block construction
0:47:34 > 0:47:38and expect the house to be completed in nine months,
0:47:38 > 0:47:41taking the timescale to almost four years.
0:47:41 > 0:47:46It's undoubtedly been stressful and taken way longer than anticipated,
0:47:46 > 0:47:49but what have all these setbacks cost them?
0:47:50 > 0:47:53We thought about 20, certainly to demolish and build.
0:47:53 > 0:47:54I remember you saying on camera, £25,000.
0:47:54 > 0:47:57OK, 20-25.
0:47:57 > 0:48:00We've probably nearly trebled it.
0:48:02 > 0:48:03I don't want to say any more!
0:48:05 > 0:48:07It speaks for itself.
0:48:07 > 0:48:09At least they're managing to be cheerful.
0:48:09 > 0:48:13Graham and Lima seem to have been very unlucky so far.
0:48:15 > 0:48:18In the end, Graham reckons he's spent 40 grand,
0:48:18 > 0:48:21with another £10,000 to complete.
0:48:21 > 0:48:23But it's not over until the agents sing.
0:48:23 > 0:48:27So, what do two local ones think of Graham and Lima's
0:48:27 > 0:48:30£65,500 investment?
0:48:30 > 0:48:33The property is sort of unusual with it being the fact that
0:48:33 > 0:48:36it's a one-bed. It's very sort of cottagey and small.
0:48:36 > 0:48:40It's very sort of cosy, quaint feel about the property.
0:48:40 > 0:48:42They've made some sensible alterations,
0:48:42 > 0:48:45so I think I would have done very similar to what they've done.
0:48:45 > 0:48:47My first impressions of the property, they've utilised the space
0:48:47 > 0:48:50they have quite well. It's very well proportioned.
0:48:50 > 0:48:52I think they've done everything they can to maximise the space
0:48:52 > 0:48:55in the property without losing the garden at the front, also.
0:48:55 > 0:48:58It may not be the investment of the century,
0:48:58 > 0:49:00but the agents are happy enough.
0:49:00 > 0:49:03And if Graham and Lima were to put it on the market currently,
0:49:03 > 0:49:07it could be worth between 15 and 35 grand.
0:49:07 > 0:49:10But if they complete the renovation to a good standard,
0:49:10 > 0:49:12that could rise to 50,000.
0:49:12 > 0:49:14So how do they feel about the numbers?
0:49:16 > 0:49:19As Graham kept saying, he's not doing it for profit.
0:49:19 > 0:49:20Unlike me!
0:49:21 > 0:49:24It may have started out as for profit,
0:49:24 > 0:49:26but those were the good old days.
0:49:27 > 0:49:29Good thing it's not for profit,
0:49:29 > 0:49:34as the couple could stand to make a £15,500 loss.
0:49:34 > 0:49:37But as they're planning on holding on to the property long-term,
0:49:37 > 0:49:40what income could they see on the rental market?
0:49:40 > 0:49:44They could be looking between about 325 to 350 per calendar month.
0:49:44 > 0:49:47If the property were to be placed on the rental market,
0:49:47 > 0:49:51I would expect it to achieve around £350-375 per calendar month.
0:49:51 > 0:49:53Oh, I'm pleasantly surprised.
0:49:53 > 0:49:57I didn't think, given its size, that it would command that.
0:49:57 > 0:49:59So, jolly good.
0:49:59 > 0:50:03It's in fact a relatively good yield of almost 7%,
0:50:03 > 0:50:05so all is not lost.
0:50:05 > 0:50:08But how are they feeling after the long journey here?
0:50:09 > 0:50:15I feel...quite positive about the whole experience and...
0:50:16 > 0:50:19..all the way through, I would not be beaten.
0:50:19 > 0:50:23I was constantly advised to shove it on the market, get shot of it,
0:50:23 > 0:50:25but I want to see it through and I will.
0:50:30 > 0:50:33Time to return to the county town of Maidstone in Kent,
0:50:33 > 0:50:40where I saw this two-bed semi guided at 185 to £195,000,
0:50:40 > 0:50:43just a stone's throw away from Maidstone Prison.
0:50:45 > 0:50:48Inside, there was a decent sized reception room
0:50:48 > 0:50:51with some nice original features
0:50:51 > 0:50:53and a kitchen that would need to go.
0:50:53 > 0:50:56With a downstairs bathroom at the rear of the property,
0:50:56 > 0:50:59it was pretty standard fare.
0:51:00 > 0:51:02But the steep stairs weren't great
0:51:02 > 0:51:05and seemed to upset the flow of the living space.
0:51:05 > 0:51:09Upstairs, the smaller of the two bedrooms was unremarkable,
0:51:09 > 0:51:12but the larger master room was a room with a view
0:51:12 > 0:51:14I'd rather not have.
0:51:14 > 0:51:15So here's the en-suite.
0:51:15 > 0:51:17It's not quite like any I've seen before.
0:51:17 > 0:51:20I've heard of quirky, but actually seeing through the door
0:51:20 > 0:51:22to the toilet? That's most unusual.
0:51:27 > 0:51:29I said it was unusual!
0:51:29 > 0:51:33Anyway, what made this house special was the additional space
0:51:33 > 0:51:36at the top and bottom, and converting either
0:51:36 > 0:51:38would lend itself to extra living space.
0:51:41 > 0:51:45Successful property developer and entrepreneur Bernie
0:51:45 > 0:51:49saw the opportunity and nabbed the property
0:51:49 > 0:51:51for 196 grand on auction day.
0:51:51 > 0:51:54With over 30 properties already under his belt,
0:51:54 > 0:52:00he and trusted builder Ray were ready to whip this one into shape.
0:52:00 > 0:52:04You're the brains behind the finances and Ray comes in
0:52:04 > 0:52:07and he's fantastic, isn't he?
0:52:07 > 0:52:10I tend to look on it as I'm the good-looking one of
0:52:10 > 0:52:13the arrangement and Ray does all the work.
0:52:14 > 0:52:19Bernie had assigned good old Ray 35 to 40 grand to do the work,
0:52:19 > 0:52:21and as for timescale...
0:52:22 > 0:52:25I'd like the turnaround to be next Tuesday, obviously!
0:52:25 > 0:52:28I think that might be a bit optimistic,
0:52:28 > 0:52:30given the amount of work doing here.
0:52:30 > 0:52:33Optimistically, we'll say three months.
0:52:33 > 0:52:35I anticipate it'll take four.
0:52:35 > 0:52:38Well, we've returned six months later
0:52:38 > 0:52:40to see how Bernie and Ray got on.
0:52:49 > 0:52:52By moving that central staircase,
0:52:52 > 0:52:55the whole downstairs has been utterly transformed.
0:52:58 > 0:53:00The kitchen has been moved to the rear of the property
0:53:00 > 0:53:02and the result is truly stunning.
0:53:10 > 0:53:13The basement is now a usable family living space and,
0:53:13 > 0:53:16like the rest of the house, it's been rewired,
0:53:16 > 0:53:21re-plastered and has new carpets and brand-new double glazing throughout.
0:53:24 > 0:53:28Moving upstairs, the bedrooms are looking much fresher,
0:53:28 > 0:53:30and that glass fronted en-suite is gone.
0:53:32 > 0:53:35In fact, by nicking a bit of space from each room,
0:53:35 > 0:53:38combined with moving the staircase,
0:53:38 > 0:53:41there's enough room for a family bathroom!
0:53:41 > 0:53:44So, Bernie, just how do you move a staircase?
0:53:44 > 0:53:48I personally have absolutely no idea because the lads come in and do it.
0:53:48 > 0:53:52It's actually a lot easier than you'd think.
0:53:52 > 0:53:56To start with, you just destroy it and that literally takes a morning,
0:53:56 > 0:53:58and then you've got a carpenter
0:53:58 > 0:54:01building the new one in a different place,
0:54:01 > 0:54:04cutting an appropriate sized hole in the ceiling.
0:54:04 > 0:54:07It's surprisingly not difficult.
0:54:09 > 0:54:11You make it sound so easy, Bernie.
0:54:11 > 0:54:12Were there any challenges at all?
0:54:14 > 0:54:17The work in moving the stairs and shuffling the rooms
0:54:17 > 0:54:19is the biggest change that people would observe,
0:54:19 > 0:54:22but it wasn't actually that big a task for the lads.
0:54:22 > 0:54:26Sometimes when you start taking things apart
0:54:26 > 0:54:28you discover all manner of horrors.
0:54:28 > 0:54:33We came across a four-foot snake skin in one property that we did!
0:54:33 > 0:54:35Never did find its owner.
0:54:36 > 0:54:39Now, that would be a Homes Under The Hammer first.
0:54:39 > 0:54:42S-s-so, was he s-s-satisfied with all the work done
0:54:42 > 0:54:44by Ray and his team?
0:54:46 > 0:54:47I'm very happy with the team.
0:54:47 > 0:54:51We've done many properties now and they do do a cracking job,
0:54:51 > 0:54:53so I don't get my hands dirty.
0:54:53 > 0:54:56Closest I've come to is moving a mouse and poking at the keyboard
0:54:56 > 0:54:59and looking after the spreadsheets behind it all.
0:55:00 > 0:55:02He's looked after them well,
0:55:02 > 0:55:05as the project's come in at just £1,000 over budget
0:55:05 > 0:55:08and the work on the house itself took four months.
0:55:08 > 0:55:12But there was a slight delay as the builders were working on multiple
0:55:12 > 0:55:16properties. So how does he feel now it's finished?
0:55:16 > 0:55:19As I always say, when we start these projects,
0:55:19 > 0:55:22it's a case of wipe your feet on the way out to keep the road clean.
0:55:23 > 0:55:25Looking at it now, it's a lovely home.
0:55:27 > 0:55:28I'm very, very pleased with it.
0:55:30 > 0:55:34Will the professionals be as pleased with the property's transformation?
0:55:34 > 0:55:37Let's see what two local estate agents made
0:55:37 > 0:55:40of Bernie's £237,000 investment.
0:55:40 > 0:55:43The property's been refurbished to a really high standard.
0:55:43 > 0:55:46I think that the neutral colour is perfect
0:55:46 > 0:55:48for any first-time buyer or investor.
0:55:48 > 0:55:52The layout is perfect to really maximise the surface area
0:55:52 > 0:55:54on offer, so it's really, really good.
0:55:54 > 0:55:56I think it's a great house.
0:55:56 > 0:55:59I think it's had some great improvement works done throughout.
0:55:59 > 0:56:01Decorated to quite a high standard.
0:56:01 > 0:56:04Obviously, some work's been done in the cellar,
0:56:04 > 0:56:06which does give a bit more reception space.
0:56:06 > 0:56:07It's a great house, all in all.
0:56:07 > 0:56:11Bernie purchased the house for £196,000
0:56:11 > 0:56:14and has spent 41 grand doing it up.
0:56:14 > 0:56:19So, will he make a profit on the £237,000 costs?
0:56:20 > 0:56:24I believe the resale value of this property would be on a guide from
0:56:24 > 0:56:27£230,000 to £250,000.
0:56:27 > 0:56:33I would suggest the resale value would be between 240 and £250,000.
0:56:33 > 0:56:37That top figure of 250 grand would mean a potential profit
0:56:37 > 0:56:41of £13,000 minus taxes and fees.
0:56:41 > 0:56:43So how does Bernie feel about the result?
0:56:47 > 0:56:52Very disappointed in that, given we've had two other
0:56:52 > 0:56:56local estate agents come in who both agreed on
0:56:56 > 0:57:00a 310 price, aiming at 300, so...
0:57:00 > 0:57:04The value of £310,000 is based on the basement room
0:57:04 > 0:57:08as a third bedroom, but currently the security bars
0:57:08 > 0:57:11above the window would prevent escape in case of fire,
0:57:11 > 0:57:14so, according to building regulations,
0:57:14 > 0:57:18they'll have to be removed before it can be classified as a bedroom.
0:57:18 > 0:57:22Something to get trusted builder Ray on to, but what comes next?
0:57:22 > 0:57:27What's next for Bernie? We have two houses that are currently wasteland
0:57:27 > 0:57:31with a couple of broken supermarket trolleys on it
0:57:31 > 0:57:32that needs...they need to be built.
0:57:32 > 0:57:36We have a few properties like this one up for sale.
0:57:36 > 0:57:38On a personal note, in three weeks' time,
0:57:38 > 0:57:41I have a family wedding in Las Vegas to look forward to,
0:57:41 > 0:57:45so, on a personal note, my hope is to survive!
0:57:50 > 0:57:53Well, there you go. Sometimes property developing
0:57:53 > 0:57:55can feel like a marathon and not just a sprint.
0:57:55 > 0:57:59It can require stamina and endurance to cross that finish line.
0:57:59 > 0:58:01Yes, so join us next time for more Homes Under The Hammer
0:58:01 > 0:58:04- and we'll find out who's got what it takes.- Bye-bye.- Goodbye.