Episode 76

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0:00:02 > 0:00:05Hello. Welcome to the show. Anyone who's ever bought property

0:00:05 > 0:00:08knows there's lots of red tape and fees to deal with.

0:00:08 > 0:00:11Yes, but one way to avoid the majority of the hassles is to

0:00:11 > 0:00:13head down to your local property auction.

0:00:13 > 0:00:16Yes, in under a month, that house should be yours,

0:00:16 > 0:00:18so you can get to work that bit quicker

0:00:18 > 0:00:20when you get your property under the hammer.

0:00:47 > 0:00:50There are countless stories behind properties bought at auction.

0:00:50 > 0:00:54It never ceases to amaze me about some of the plans I hear about.

0:00:54 > 0:00:57Let's find out what stories are in store on today's show.

0:00:59 > 0:01:04First up, in Stoke-on-Trent, first impressions are not the greatest.

0:01:04 > 0:01:05What do you get for your money?

0:01:05 > 0:01:08You get an almighty smell.

0:01:09 > 0:01:11And in Liverpool, for once in my life,

0:01:11 > 0:01:13I'm almost at a loss for words.

0:01:18 > 0:01:20Wow!

0:01:20 > 0:01:21Whilst in Ward End, Birmingham,

0:01:21 > 0:01:25I think it's pretty clear what needs doing.

0:01:25 > 0:01:29Make better use of this space. That's very, very strange to me.

0:01:29 > 0:01:32All of these properties have been sold at auction

0:01:32 > 0:01:35and we'll find out who bought them and what they paid for them

0:01:35 > 0:01:36when they went under the hammer.

0:01:36 > 0:01:38£50,000.

0:01:42 > 0:01:45Today we're in Stoke-on-Trent in Staffordshire.

0:01:45 > 0:01:49The city has many famous sons from all walks of life.

0:01:49 > 0:01:51From entertainers such as Robbie Williams,

0:01:51 > 0:01:55or from the world of sport like Sir Stanley Matthews.

0:01:55 > 0:01:56Another person from Stoke

0:01:56 > 0:01:59who can lay claim to being both an entertainer

0:01:59 > 0:02:02and an athlete is Peter Thornley,

0:02:02 > 0:02:07the man behind the mask of the famous British wrestler, Kendo Nagasaki.

0:02:07 > 0:02:10He had many battles with the legends of wrestling.

0:02:10 > 0:02:12His most famous was in 1975,

0:02:12 > 0:02:16when Big Daddy removed his mask during a match

0:02:16 > 0:02:19watched by more than 12 million people on TV.

0:02:19 > 0:02:23Time for us to grapple with today's property

0:02:23 > 0:02:26to see if we can unmask a bargain.

0:02:27 > 0:02:30This is the property I'm here to see.

0:02:30 > 0:02:34It's a traditional three-bedroom terraced house with a guide price of

0:02:34 > 0:02:37£46,000 plus, so what do you get for your money?

0:02:37 > 0:02:39Let's find out.

0:02:42 > 0:02:43What do you get for your money?

0:02:43 > 0:02:46You get an almighty smell.

0:02:46 > 0:02:50I'd imagine there have been animals of some sort in here.

0:02:50 > 0:02:54Now, this is what I would call an awful lot of electrical gubbins.

0:02:54 > 0:02:58Good word. Probably one fuse box would suffice.

0:02:58 > 0:03:02You've got an electrical heater down here which is old.

0:03:04 > 0:03:06Claw marks.

0:03:06 > 0:03:09Very odd. Lots more claw marks.

0:03:09 > 0:03:14This place is in decay, at least cosmetically.

0:03:14 > 0:03:16Everything must go.

0:03:16 > 0:03:18Look at this wallpaper.

0:03:18 > 0:03:22Do you ever get the feeling you're somewhere that's stuck in a time warp?

0:03:22 > 0:03:26I mean, the carpet, the wallpaper, the slidey doors?

0:03:26 > 0:03:28Time just refuses to move on.

0:03:28 > 0:03:31# And the hands on the clock going round and round and round

0:03:31 > 0:03:36# The time don't seem to be moving at all... #

0:03:37 > 0:03:40It's certainly time for a change in this house,

0:03:40 > 0:03:43which needs wound forward into the 21st century.

0:03:45 > 0:03:47It needs a modern central heating system

0:03:47 > 0:03:50and this bathroom could do with a full upgrade.

0:03:52 > 0:03:54Although, once you strip it out,

0:03:54 > 0:03:58there should be plenty of space to play with.

0:03:58 > 0:04:02I think it's time to CLOCK the rest of the house.

0:04:05 > 0:04:08Upstairs at the back of the house, an OK-sized bedroom.

0:04:08 > 0:04:11You'd definitely get a single bed in there, wardrobe.

0:04:11 > 0:04:13Double might be pushing it.

0:04:13 > 0:04:16The second bedroom, it's a bit bigger, that's good.

0:04:16 > 0:04:19Woodchip on the walls, you want to get that off.

0:04:19 > 0:04:22And then through to, OK, this is the best sized bedroom.

0:04:22 > 0:04:24Lots of light coming in.

0:04:24 > 0:04:25I quite like the fireplace.

0:04:25 > 0:04:28A bit of character. I'd like to see that kept.

0:04:28 > 0:04:32Not a great deal of character in this place, but there is that.

0:04:32 > 0:04:35And how's this? How did they get up there?

0:04:35 > 0:04:37More scratch marks.

0:04:37 > 0:04:39I mean, what was it? A werewolf?

0:04:39 > 0:04:43# I'm on the hunt, I'm after you

0:04:43 > 0:04:46# Mouth is alive with juices like wine

0:04:46 > 0:04:50# And I'm hungry like the wolf. #

0:04:51 > 0:04:54Well, that's one way to strip wallpaper.

0:04:55 > 0:04:59Now we're on the hunt for the opinion of a local estate agent

0:04:59 > 0:05:02to see if this property is worth getting your teeth into.

0:05:04 > 0:05:09We asked an agent from the auctioneers selling the property for her thoughts.

0:05:10 > 0:05:12The property needs complete renovation.

0:05:12 > 0:05:15New kitchen, new bathroom, new flooring and carpets.

0:05:15 > 0:05:18In my opinion, to get the property to a good standard,

0:05:18 > 0:05:22I would say you would need to spend between 15 to £20,000.

0:05:22 > 0:05:27That top figure plus the guide means you'd be investing

0:05:27 > 0:05:32around £66,000 in this. Would there be enough profit for a quick sale?

0:05:32 > 0:05:34As a three-bedroom property,

0:05:34 > 0:05:38sales valuation would be between 85 to £90,000.

0:05:38 > 0:05:41And if this was to be put on the rental market,

0:05:41 > 0:05:45what kind of return could a long-term investor expect per month?

0:05:46 > 0:05:50The rent we could achieve would be £525 per calendar month.

0:05:53 > 0:05:56This is a great-sized house on a lovely quiet street

0:05:56 > 0:05:59but there's an awful lot of work that needs done.

0:05:59 > 0:06:02In fact, I don't think there's anything inside that is salvageable.

0:06:02 > 0:06:05Let's hope that when it went to auction, there wasn't a full moon.

0:06:05 > 0:06:08Let's find out what happened when it went under the hammer.

0:06:08 > 0:06:11In fact, let's do that now. Ow, ow, ow-oooh!

0:06:11 > 0:06:12# Hungry like the wolf. #

0:06:14 > 0:06:16A large three-bedroom mid-terrace house.

0:06:16 > 0:06:18Two reception rooms, needs modernising.

0:06:18 > 0:06:19What's this, 40 on this?

0:06:19 > 0:06:2040, going to say?

0:06:22 > 0:06:2440 bid. Bidding at £40,000.

0:06:24 > 0:06:26At 40,000. I'm looking for 42 now.

0:06:26 > 0:06:2842.

0:06:28 > 0:06:3044, 46,

0:06:30 > 0:06:3247 in the middle. 48.

0:06:33 > 0:06:3649. 50?

0:06:36 > 0:06:39Half, you're saying. 49 and a half.

0:06:39 > 0:06:4250 in the middle? Yeah, 50? 50.

0:06:42 > 0:06:44Another half?

0:06:44 > 0:06:46No. At £50,000 right in the middle.

0:06:46 > 0:06:48At £50,000.

0:06:48 > 0:06:51If not, £50,000 once then, £50,000 twice.

0:06:51 > 0:06:54Third and final time, £50,000.

0:06:54 > 0:06:56Yours, sir.

0:06:56 > 0:07:00The successful bid of £50,000 was made by Shahzada.

0:07:00 > 0:07:03He has been in property development from a young age

0:07:03 > 0:07:06and has actually been on the show before, back in 2012...

0:07:13 > 0:07:16..when Shahzada tackled a mid-terrace in Hanley, also in Stoke.

0:07:18 > 0:07:22This time, Shahzada, who's also known as Shaz, has come along with Mukhtar,

0:07:22 > 0:07:25so I was keen to find out more.

0:07:25 > 0:07:27- Congratulations. - Thank you very much.

0:07:27 > 0:07:29So, is this a father and son team?

0:07:29 > 0:07:32Yes. That's my young man.

0:07:32 > 0:07:34- That's your young man?- That's it.

0:07:34 > 0:07:36Are you working on this together?

0:07:36 > 0:07:39Well, hopefully he is going to be doing all the job!

0:07:41 > 0:07:44Just moral support. Mum and Dad doing moral support.

0:07:44 > 0:07:46- Moral support?- Yeah.

0:07:46 > 0:07:50We've got a team of builders, all different labour workers.

0:07:50 > 0:07:54Electricians, plumbing, everything's part of different teams.

0:07:54 > 0:07:56Sounds like you know what you're doing.

0:07:56 > 0:08:00So, Mukhtar, you have worked in property for your career, too?

0:08:00 > 0:08:05Yes, I started in 1963, 1964 from Rochdale,

0:08:05 > 0:08:07when I came to this country.

0:08:07 > 0:08:09Then on and off.

0:08:09 > 0:08:12You saw from your dad, were you inspired?

0:08:12 > 0:08:14Very much. He is my role model,

0:08:14 > 0:08:18my inspiration and where many people have to go outside of the house for

0:08:18 > 0:08:21advice, I've got a guru at home.

0:08:21 > 0:08:24- It's nice.- Just now it looks like you're scared he's going to do a runner.

0:08:24 > 0:08:27- Yes!- "Don't go, Dad, please help me!"

0:08:27 > 0:08:31I need him for this one. I've got a lot on my hands with this one.

0:08:31 > 0:08:35A bit of work to do, so talk me through this house.

0:08:35 > 0:08:37One of the main costs are going to be,

0:08:37 > 0:08:40I'm going to build a room in the loft so I'll be taking stairs

0:08:40 > 0:08:44from one of the rooms upstairs and making it into a four-bed property,

0:08:44 > 0:08:48which is going to make more rental from the property.

0:08:48 > 0:08:51The only thing about creating another bedroom

0:08:51 > 0:08:53is that's four lots of people in bedrooms

0:08:53 > 0:08:55coming down here through the kitchen to get to the

0:08:55 > 0:08:58bathroom. Have you had any thoughts about getting a bathroom upstairs?

0:08:58 > 0:09:01That's something I'm going to be looking at, yeah.

0:09:01 > 0:09:04We're going to try to get it upstairs.

0:09:05 > 0:09:08Just giving it a nice, spanking new bathroom downstairs?

0:09:08 > 0:09:13We'll have a walk-in shower downstairs and there will also be a bathroom

0:09:13 > 0:09:15and hopefully it will look the part.

0:09:16 > 0:09:20I noticed some interesting sort of clawing,

0:09:20 > 0:09:23scraping marks at the very tops of the rooms.

0:09:23 > 0:09:25I don't know if there was a werewolf here.

0:09:25 > 0:09:28They had actually a few cats that we know,

0:09:28 > 0:09:30which the neighbours have also said

0:09:30 > 0:09:32that they had some cats in this property.

0:09:32 > 0:09:34You can see the marks everywhere from.

0:09:34 > 0:09:38The cats were literally climbing up the walls.

0:09:38 > 0:09:41MUSIC: Puss 'N Boots by Adam Ant

0:09:49 > 0:09:53I can only offer my humble apologies to any werewolves

0:09:53 > 0:09:55FELINE offended by my HOWLER.

0:09:55 > 0:10:00I was just clearly crying wolf, so scratch that theory!

0:10:00 > 0:10:04Shaz runs an online wholesale business so is a very busy man.

0:10:04 > 0:10:08Will he be getting a team in to deal with this catalogue of jobs?

0:10:09 > 0:10:13Do you do any of the hard graft in the places you do up yourself?

0:10:13 > 0:10:16Yeah, sometimes I will get in and do the dirty work as well.

0:10:16 > 0:10:20Otherwise I try not to because I've got other things to run as well.

0:10:20 > 0:10:23So what's your timescale for turning this place around?

0:10:23 > 0:10:25We're looking at between two to three weeks.

0:10:25 > 0:10:27Two to three weeks?

0:10:27 > 0:10:29OK, that's quick. Is that how you roll normally?

0:10:29 > 0:10:31Yes. The property is purchased now,

0:10:31 > 0:10:34I need to start getting the money back.

0:10:34 > 0:10:36So the only way is to get it let out as soon as possible.

0:10:37 > 0:10:41There really will have to be a fair amount of money going out the door

0:10:41 > 0:10:43before he can get some coming back in though.

0:10:43 > 0:10:47Shaz ideally wants to spend ten grand, which is quite tight,

0:10:47 > 0:10:50considering the work he wants to do here,

0:10:50 > 0:10:52but he's got a lot of experience

0:10:52 > 0:10:56behind him and has learned a lot from his dad, Mukhtar.

0:10:56 > 0:10:58He gave me two options.

0:10:58 > 0:11:00Either I work hard now and then relax later,

0:11:00 > 0:11:04or relax now like everybody else does at my age and the age before,

0:11:04 > 0:11:07and then I have to work hard for the rest of my life.

0:11:07 > 0:11:11I thought, I'll pick the option of working hard now so hopefully by

0:11:11 > 0:11:13another three years, by the age of 30,

0:11:13 > 0:11:15I don't need to work as much as I'm working now

0:11:15 > 0:11:17and I can just take it easy.

0:11:17 > 0:11:20It sounds like the work ethic has really been instilled into you.

0:11:20 > 0:11:21What great advice!

0:11:21 > 0:11:26Shaz has clearly been inspired to work hard by his dad and his mum,

0:11:26 > 0:11:29Tasnim, who also plays a part.

0:11:29 > 0:11:31I get the feeling she plays a big part, too?

0:11:31 > 0:11:35She is the interior designer and I would say the architect

0:11:35 > 0:11:37- and one of the unsung heroes.- Nice.

0:11:37 > 0:11:40You must be very proud of your son?

0:11:40 > 0:11:42Yes, yes, yes.

0:11:42 > 0:11:43More than proud.

0:11:43 > 0:11:46Brilliant to meet you both and I can't wait to see what

0:11:46 > 0:11:49- you do.- Thank you very much. - Thank you.- Nice to see you.

0:11:49 > 0:11:51Thank you.

0:11:51 > 0:11:55Shahzada clearly isn't lacking in confidence.

0:11:55 > 0:11:57And, also, what's clear is his father's been a huge inspiration,

0:11:57 > 0:11:59which is lovely to see.

0:11:59 > 0:12:01He's no newcomer to this game.

0:12:01 > 0:12:04But ten grand in three weeks, really?

0:12:04 > 0:12:07You can find out if happens later in the show.

0:12:12 > 0:12:15To the fifth largest city in the country now...

0:12:15 > 0:12:18Liverpool. A key trade and migration port

0:12:18 > 0:12:21from the 18th to the early 20th century,

0:12:21 > 0:12:25today Liverpool is perhaps most famous for two of the Premiership's

0:12:25 > 0:12:28biggest football clubs, Liverpool and Everton.

0:12:31 > 0:12:34It's also of course home to these four chaps.

0:12:34 > 0:12:36Mm, who were they?

0:12:36 > 0:12:39# I'm going to stand the test of time

0:12:39 > 0:12:41# Like Beatles and Stones... #

0:12:41 > 0:12:45So, what does 30 to £35,000 buy you these days?

0:12:45 > 0:12:48Well, you know, when it comes to property, not very much.

0:12:48 > 0:12:53And yet here I am, just six miles outside Liverpool city centre.

0:12:53 > 0:12:55And this property is up for auction.

0:12:55 > 0:12:57It had that guide price.

0:12:57 > 0:13:00I'll repeat it - 30 to £35,000.

0:13:00 > 0:13:03It's got two bedrooms, it's a mid-terrace.

0:13:03 > 0:13:05Yes, it looks a bit like Fred Flintstone

0:13:05 > 0:13:07would be delighted to live here.

0:13:07 > 0:13:09But how bad can it be, really?

0:13:09 > 0:13:13Hopefully, there's not much to yabba-dabba-doo inside.

0:13:15 > 0:13:17Wow!

0:13:17 > 0:13:18Metal treads on the stairs.

0:13:18 > 0:13:20That's a bit weird.

0:13:23 > 0:13:28Wow! Ah, interesting design.

0:13:28 > 0:13:30It reminds me of like, er, something

0:13:30 > 0:13:32you'd see in some sort of fairground,

0:13:32 > 0:13:35like the house of fun, or something.

0:13:35 > 0:13:38Wow, where can I look where I'm not distracted?

0:13:38 > 0:13:39The floor, that's it.

0:13:39 > 0:13:40This is a really good room.

0:13:40 > 0:13:42It's got a very nice floor.

0:13:42 > 0:13:45No, it hasn't got a very nice floor. I can't even look at the floor,

0:13:45 > 0:13:48for goodness' sake. There's a problem with the floor over there.

0:13:48 > 0:13:51OK. So, it's a nice-sized room with a bay window

0:13:51 > 0:13:53and a thing under the stairs,

0:13:53 > 0:13:56and lots of stuff on their ceiling.

0:13:57 > 0:14:00HE MOUTHS

0:14:01 > 0:14:03Into the kitchen.

0:14:05 > 0:14:09Wow! Probably going for seaside arcade kind of feel.

0:14:09 > 0:14:11OK. So, we're ripping it all out.

0:14:11 > 0:14:15Downstairs loo, though, which probably means there isn't one upstairs,

0:14:15 > 0:14:17which isn't ideal,

0:14:17 > 0:14:19so I'll be probably exploring upstairs

0:14:19 > 0:14:21and seeing if we can move that.

0:14:21 > 0:14:25Again, to imagine this just stripped out back to plain,

0:14:25 > 0:14:27plastered walls, just take yourself there for a minute.

0:14:34 > 0:14:37# We can't tell our left from right

0:14:37 > 0:14:40# But we know we love extremes

0:14:40 > 0:14:43# We want to but we can't look away

0:14:43 > 0:14:46# What were you thinking of

0:14:46 > 0:14:50# When you dreamt that up?

0:14:50 > 0:14:54# What were you thinking of

0:14:54 > 0:14:56# When you dreamt that up? #

0:14:58 > 0:15:01Let's head up the metal tread stairs, shall we?

0:15:04 > 0:15:07It just...

0:15:08 > 0:15:11You come upstairs not knowing what you're going to find,

0:15:11 > 0:15:14which is kind of interesting.

0:15:14 > 0:15:16But, surprisingly, a relatively calm, large,

0:15:16 > 0:15:19front bedroom, which is good.

0:15:19 > 0:15:21And then into this room here,

0:15:21 > 0:15:23where we have an obligatory archway.

0:15:23 > 0:15:26Well, of course, you would, wouldn't you?

0:15:26 > 0:15:30I'm just trying to work out how this sort of fits together because,

0:15:30 > 0:15:33because, because, this seems like a really big bedroom,

0:15:33 > 0:15:34and I'm wondering if...

0:15:34 > 0:15:36HOLLOW THUDS

0:15:36 > 0:15:38Oh, oh, oh!

0:15:38 > 0:15:40Hollow, hollow, hollow.

0:15:40 > 0:15:44Solid, solid, solid. My guess is there was a door there previously and

0:15:44 > 0:15:46that was across there as a wall.

0:15:46 > 0:15:49This would have been a bedroom, that would have been a bedroom,

0:15:49 > 0:15:50that would have been three bedrooms.

0:15:50 > 0:15:53To me, that's the logical way to have this house.

0:15:56 > 0:15:58HE LAUGHS

0:16:00 > 0:16:04Just when you thought you'd seen it all,

0:16:04 > 0:16:08there's French doors out on to a flat roof.

0:16:08 > 0:16:11You've got to say, this property's one in a million.

0:16:11 > 0:16:15There's some interesting ideas here for sure but, more worryingly,

0:16:15 > 0:16:17some dangerous ones.

0:16:17 > 0:16:20Those French windows out on to a flat roof are without a guard rail

0:16:20 > 0:16:25of any kind but is that flat roof even able to take anyone's weight?

0:16:25 > 0:16:26I won't be risking it.

0:16:28 > 0:16:30# There's danger at my door

0:16:30 > 0:16:33# And I don't need no more

0:16:33 > 0:16:36# Of her danger at my door. #

0:16:36 > 0:16:41Other than the funfair of design, and not so fun design,

0:16:41 > 0:16:45there's a huge potential here as I think you might be able to turn this

0:16:45 > 0:16:48from a two-bed to a three-bed quite easily.

0:16:48 > 0:16:51But what does a local estate agent think of that idea,

0:16:51 > 0:16:55in this property guided at 30 to £35,000?

0:16:58 > 0:17:01Obviously, the property does need an awful lot of work doing to it

0:17:01 > 0:17:05but it can be achievable within a good budget, you know,

0:17:05 > 0:17:07and I'd say between 10 and 15,000

0:17:07 > 0:17:10could easily cover any modifications

0:17:10 > 0:17:12that you wanted to do,

0:17:12 > 0:17:13especially if the upstairs layout

0:17:13 > 0:17:16could be reverted back into a three-bedroom property,

0:17:16 > 0:17:19which is only going to enhance the property's value.

0:17:19 > 0:17:21Yes, it does seem like a no-brainer,

0:17:21 > 0:17:25but what would the rental values be first for a two-bed?

0:17:25 > 0:17:27Property in this location

0:17:27 > 0:17:31should fetch between £425 and £450 per calendar month.

0:17:31 > 0:17:36A three-bedroom property in this location should fetch between £450

0:17:36 > 0:17:40and £525 per calendar month.

0:17:40 > 0:17:41And sales?

0:17:43 > 0:17:47OK, a two-bedroom property in this location should fetch in the region

0:17:47 > 0:17:49of £65,000.

0:17:49 > 0:17:53And a three-bedroom property should fetch in the region

0:17:53 > 0:17:55of 70 to £75,000.

0:17:58 > 0:18:01Well, you've got to absolutely love the design process

0:18:01 > 0:18:05and thought process that went into creating this house, haven't you?

0:18:05 > 0:18:09Although it does teeter on the edge of being a little bit

0:18:09 > 0:18:11too personalised for most people's liking.

0:18:11 > 0:18:16And those French doors out on to that flat roof, got to go.

0:18:16 > 0:18:19The whole thing really, let's be honest, has got to be gutted.

0:18:19 > 0:18:20Still, it's a good price.

0:18:20 > 0:18:22Let's see who bought it when it went under the hammer.

0:18:26 > 0:18:27Where would you like to start?

0:18:27 > 0:18:29Can I say 30?

0:18:30 > 0:18:32May I say 30,000? Thank you, sir.

0:18:32 > 0:18:35Straight in at 30. 32? 32. 34. 36. 34 then.

0:18:35 > 0:18:3736 anywhere else? Thank you.

0:18:37 > 0:18:4038, 40. 42.

0:18:40 > 0:18:4244, sir?

0:18:42 > 0:18:44Against a couple of you now. 46, new bidder.

0:18:44 > 0:18:4648. Thank you.

0:18:46 > 0:18:4748, madam.

0:18:49 > 0:18:51No. The bid's currently stood right at the back of the room, £47,000.

0:18:51 > 0:18:54It is against all of you guys sitting down.

0:18:54 > 0:18:56Anyone want to make it 47 and a half?

0:18:56 > 0:18:58No, everyone's saying no. You're not.

0:18:58 > 0:19:00You're back in. 48, Sir?

0:19:00 > 0:19:02Oh, £47,500.

0:19:02 > 0:19:03He's now saying no,

0:19:03 > 0:19:06so it's back to you at 47,500 for the very first time.

0:19:06 > 0:19:09Second time at £47,500.

0:19:09 > 0:19:11I'm looking to you to come in with another 500.

0:19:11 > 0:19:12Anybody else at 48?

0:19:12 > 0:19:15You're bidding now, at 48, with the catalogue in the air.

0:19:15 > 0:19:1848 and a half? Any of my other bidders want to make it 48 and a half?

0:19:18 > 0:19:20Let me know right now. If not, for the first time at 48.

0:19:20 > 0:19:22Second time at 48,000.

0:19:22 > 0:19:24Last chance for any of you to come back in?

0:19:24 > 0:19:26Third and final time at £48,000.

0:19:26 > 0:19:30It's gone. Well done. 48,000.

0:19:30 > 0:19:34So, for £48,000, Gary bought himself a characterful property.

0:19:38 > 0:19:42He knows a bit about refurbishment as he works in property maintenance

0:19:42 > 0:19:45and runs a company carrying out renovations for clients.

0:19:45 > 0:19:47But this one he's bought for himself

0:19:47 > 0:19:50and he's certainly got his hands full.

0:19:50 > 0:19:52# Welcome to the house of fun

0:19:52 > 0:19:54# Now I've come of age

0:19:54 > 0:19:55# Welcome to the house of fun... #

0:19:55 > 0:19:56- Gary...- Hi.

0:19:56 > 0:19:58- Good to meet you.- And you, too.

0:19:58 > 0:19:59Welcome to the fun house.

0:19:59 > 0:20:02Yes, definitely the fun house.

0:20:02 > 0:20:03Have you ever seen anything like it?

0:20:03 > 0:20:07It certainly a few different shades of colours, isn't it?

0:20:07 > 0:20:10Yeah, it is a bit like a fairground attraction or something.

0:20:10 > 0:20:13Yeah. Tell me why you wanted to buy it?

0:20:13 > 0:20:15Um, well, I didn't see it before I bought it.

0:20:15 > 0:20:18- Oh, no.- The fatal "didn't look at it before I bought it."

0:20:18 > 0:20:20Did try to get in but unfortunately

0:20:20 > 0:20:23they couldn't get the keys to me to get in and have a look at it.

0:20:23 > 0:20:24Oh, to be a fly on the wall when you walked

0:20:24 > 0:20:26through the door the first time.

0:20:26 > 0:20:28Yeah, it was definitely interesting.

0:20:28 > 0:20:30But, also, I sort of expected it.

0:20:30 > 0:20:33I bought it thinking it wanted everything doing to it, so,

0:20:33 > 0:20:36just worked from there with it.

0:20:36 > 0:20:38I can't imagine what Gary thought.

0:20:38 > 0:20:42He actually lives near Brighton but was attracted by the property prices

0:20:42 > 0:20:46in Liverpool, as he looks to expand his own portfolio.

0:20:46 > 0:20:51Being a five-hour drive away on a good day, he's planning wisely, I think,

0:20:51 > 0:20:55to enlist local tradespeople and a property management company.

0:20:55 > 0:20:57The plan is to totally gut it.

0:20:57 > 0:20:59Strip it out, and new kitchen, new bathroom.

0:20:59 > 0:21:02Complete redecoration, rewire, replumb.

0:21:02 > 0:21:06Upstairs, what are you going to do about the French doors out on to the

0:21:06 > 0:21:07slightly dodgy-looking flat roof?

0:21:07 > 0:21:10Well, the French doors are definitely going.

0:21:10 > 0:21:13Bricking up the bottom and putting in a new uPVC window in there.

0:21:13 > 0:21:17And that room will also become back a room as well because it was actually

0:21:17 > 0:21:21bought as a two-bedroom in the auction but all these properties are

0:21:21 > 0:21:22actually three bedrooms.

0:21:22 > 0:21:26So, we'll just open up the doorway at the top of the stairway again,

0:21:26 > 0:21:27brick up where the archway is,

0:21:27 > 0:21:30and turn it back into a three-bedroom property.

0:21:30 > 0:21:32It sort of works as that, doesn't it? And then the bathroom?

0:21:32 > 0:21:34Ideally I'd like to move it upstairs

0:21:34 > 0:21:37but I've still got to get my head round where I can actually put that

0:21:37 > 0:21:39up there at the moment but, if not, it will stay downstairs.

0:21:39 > 0:21:42Tell me what you're going to do downstairs then?

0:21:42 > 0:21:44It's going to have a new kitchen fitted in there.

0:21:44 > 0:21:46All the lovely panelling's going to come off and it's all going to be

0:21:46 > 0:21:49taken back to neutral colours with laminate flooring downstairs and

0:21:49 > 0:21:51- carpets upstairs.- OK.

0:21:51 > 0:21:55- What's the budget?- Um, the budget is going to be between 12 and 15 now.

0:21:55 > 0:21:58Um, and, in terms of the timescale?

0:21:58 > 0:22:01Hopefully going to do it in 12 weeks.

0:22:01 > 0:22:04OK. You've got friends who are in the same world?

0:22:04 > 0:22:07Are they looking further afield from the south and south-east?

0:22:07 > 0:22:09I've got one friend down on the south coast,

0:22:09 > 0:22:12who's very interested in what I'm doing up here to follow as well.

0:22:12 > 0:22:14I wouldn't be surprised if he doesn't follow me.

0:22:14 > 0:22:16More people trekking up the M6 and the M5.

0:22:17 > 0:22:19Hopefully, they'll get a coachload in the end.

0:22:19 > 0:22:21Yes. Yes.

0:22:21 > 0:22:22Property investors' coaches.

0:22:22 > 0:22:26You never know.

0:22:26 > 0:22:29Exactly. But, you, personally, more properties in this area?

0:22:29 > 0:22:31Yeah, if this one's a success, I don't see any reason why

0:22:31 > 0:22:34I won't be looking for more properties up here.

0:22:34 > 0:22:35Congratulations. Good luck with it.

0:22:35 > 0:22:38- Thank you very much.- I look forward to seeing how you get on.

0:22:38 > 0:22:42Well, I've just discovered that Gary only saw this house

0:22:42 > 0:22:4420 minutes before I interviewed him there.

0:22:44 > 0:22:47Can you imagine what he thought when he walked through the door?

0:22:47 > 0:22:52But he doesn't actually, in those circumstances, seem that fazed.

0:22:52 > 0:22:55As he says, he's going to gut it and start again.

0:22:55 > 0:22:58You can find out how he transforms this place later in the show.

0:23:01 > 0:23:04Still to come, in Ward End, Birmingham, I'm turning on the charm.

0:23:05 > 0:23:08I started buying properties when I was 19.

0:23:08 > 0:23:10Three years ago?

0:23:10 > 0:23:11I wish!

0:23:11 > 0:23:15Whilst in Liverpool, Gary needed more than charm on his side.

0:23:16 > 0:23:20I wondered if Gary really realised the enormity of what he'd taken on.

0:23:26 > 0:23:31Back to Stoke-on-Trent now, where I visited this mid-terraced house,

0:23:31 > 0:23:35guided at 46 grand plus, that had me asking...

0:23:35 > 0:23:37# Who's afraid of the big bad wolf

0:23:37 > 0:23:39# The big bad wolf, the big bad wolf

0:23:39 > 0:23:42# Who's afraid of the big bad wolf?

0:23:42 > 0:23:44# Tra la la la la. #

0:23:44 > 0:23:46Claw marks.

0:23:46 > 0:23:49Very odd. Aside from the claw marks,

0:23:49 > 0:23:53there was nothing to be frightened of in this house.

0:23:53 > 0:23:55It just needed a little love and care.

0:23:55 > 0:24:00Shaz and his dad Mukhtar came to the rescue to save this house

0:24:00 > 0:24:02and bought the property for £50,000.

0:24:02 > 0:24:05Shaz has experience in developing to back him up,

0:24:05 > 0:24:08and something else important.

0:24:08 > 0:24:10He is my role model, my inspiration.

0:24:10 > 0:24:13And, you know, where many people have to go outside their house for

0:24:13 > 0:24:16advice, I've got a guru at home.

0:24:16 > 0:24:19With his dad's support, Shaz had big plans.

0:24:19 > 0:24:21I'm going to build a room in the loft.

0:24:21 > 0:24:25Shaz gave himself a rapid three to four weeks to turn this place around.

0:24:25 > 0:24:28So, it's no surprise we're back later than that.

0:24:28 > 0:24:32Six months and 18 days later, to be precise.

0:24:32 > 0:24:35But, remember, time did stand still in this place.

0:24:35 > 0:24:39Has he managed to move this home from past to present?

0:24:40 > 0:24:42# Just move on up

0:24:42 > 0:24:43# Move on up

0:24:43 > 0:24:45# Towards your destination

0:24:45 > 0:24:46# Move on up... #

0:24:46 > 0:24:51They've moved this home back to the 21st century.

0:24:51 > 0:24:55I love that they've built a stud wall to create a separate hallway

0:24:55 > 0:24:59and you don't walk into the front sitting room off the street.

0:24:59 > 0:25:00Great move.

0:25:00 > 0:25:02# Just move on up... #

0:25:04 > 0:25:08And, as for the second reception room, it's goodbye busy wallpaper,

0:25:08 > 0:25:11hello modern, airy ambience.

0:25:11 > 0:25:15The old kitchen has been replaced with light-coloured units

0:25:15 > 0:25:17which help to make it feel bigger.

0:25:19 > 0:25:23And that downstairs bathroom looks completely transformed.

0:25:27 > 0:25:31Is there anything we should know, Shaz, before going upstairs?

0:25:31 > 0:25:36The staircase, to be honest, didn't look in the best of states.

0:25:36 > 0:25:38As you can probably see, I'm not a fan of stairs,

0:25:38 > 0:25:43but my father is always at the gym, always on the stair machine.

0:25:43 > 0:25:45But, yeah, these now are OK.

0:25:45 > 0:25:48Before they were very, very steep,

0:25:48 > 0:25:51so we've had to sort the stairs out completely.

0:25:51 > 0:25:56Now that we're upstairs, I feel that I'm forgetting something.

0:25:56 > 0:26:00# You may find, from time to time, complication... #

0:26:01 > 0:26:05Ah, that little complication - the loft conversion.

0:26:05 > 0:26:08- Did they do it?- So, we've done a full loft conversion.

0:26:08 > 0:26:12Planning permission is not needed, which we knew before anyway.

0:26:12 > 0:26:14It comes under permitted development.

0:26:14 > 0:26:16The window that we've had to put in is a dormer window,

0:26:16 > 0:26:20which acts as a fire escape also, and the fire alarms,

0:26:20 > 0:26:23which adhere to the fire regulations,

0:26:23 > 0:26:25as they are mains connected.

0:26:25 > 0:26:26240 Volts.

0:26:26 > 0:26:29And also battery backed up.

0:26:29 > 0:26:32And, if we come downstairs, into the middle floor,

0:26:32 > 0:26:33we've replaced four joists.

0:26:33 > 0:26:35The joists were actually in a bit of a mess.

0:26:35 > 0:26:38So, we probably needed to replace three,

0:26:38 > 0:26:41but we ended up doing four joists that we've replaced.

0:26:41 > 0:26:43Full new flooring.

0:26:43 > 0:26:45The floor has also been RSJ-braced as well.

0:26:45 > 0:26:47Obviously, it's been..

0:26:47 > 0:26:49All the walls and everything have been redone anyway.

0:26:49 > 0:26:55We've also seen the new toilet and shower that we have done

0:26:55 > 0:26:58in the middle floor, which I think...

0:26:59 > 0:27:01..really does add value to the property.

0:27:01 > 0:27:04So, we've got... It's basically a four-bedroom property now.

0:27:06 > 0:27:08The garden has gone through a transformation, too.

0:27:09 > 0:27:12Decking has replaced the solid concrete

0:27:12 > 0:27:16and they've even created an outside utility area with electrics.

0:27:16 > 0:27:20Speaking of which, the property has undergone a full rewire.

0:27:20 > 0:27:23A lot of work has gone into finishing this house.

0:27:23 > 0:27:26So, who's responsible for it all?

0:27:26 > 0:27:30In terms of the project management, and that's mainly my mother,

0:27:30 > 0:27:31who has done that, Tasnim.

0:27:33 > 0:27:35And, in terms of the building works,

0:27:35 > 0:27:38the main person involved in that is my uncle Dave,

0:27:38 > 0:27:44with the help and guidance that I've got from my father and mother,

0:27:44 > 0:27:45it's tremendous support.

0:27:45 > 0:27:47All credit go to him.

0:27:47 > 0:27:49We are only doing the bodily support.

0:27:51 > 0:27:54Shaz and his family are clearly a great team.

0:27:54 > 0:27:58They initially planned to turn this place round quickly,

0:27:58 > 0:27:59but plans evolve,

0:27:59 > 0:28:03along with changing timescales for most developers.

0:28:03 > 0:28:07So, what does Shaz intend doing with the house now it's finished?

0:28:07 > 0:28:11This house, most likely, I was actually thinking to sell but now,

0:28:11 > 0:28:13due to the extra work that we have done to this,

0:28:13 > 0:28:18we probably will end up letting it out. With the extra money spent,

0:28:18 > 0:28:20I think I would probably want to keep this now.

0:28:21 > 0:28:26Speaking of money spent, did they stick to that ten grand budget?

0:28:26 > 0:28:29It's actually about around 20 to 25,000, I think,

0:28:29 > 0:28:31we have probably ended up spending on it.

0:28:33 > 0:28:38Taking Shaz's top estimated spend, that's a total of £75,000.

0:28:38 > 0:28:42But he does have a smart, four-bed house.

0:28:42 > 0:28:45We asked two local estate agents along to take a look.

0:28:47 > 0:28:50The best thing that I think that they've done is basically that the

0:28:50 > 0:28:54property has got new laminate flooring, spotlighting which is new,

0:28:54 > 0:28:55a new kitchen and an extra bathroom

0:28:55 > 0:28:58with an extra bedroom with the loft conversion.

0:28:58 > 0:28:59It's been thought through very well.

0:28:59 > 0:29:03I'm particularly pleased there's now a shower room on the first floor

0:29:03 > 0:29:06and very impressed with the loft conversion also.

0:29:06 > 0:29:10Shaz wants to put this property on the rental market.

0:29:10 > 0:29:13So, what return could he expect?

0:29:13 > 0:29:17I would recommend a figure in the region of £600 per calendar month.

0:29:17 > 0:29:20As a rental, I would expect this property to achieve

0:29:20 > 0:29:23£650 to £700 per calendar month.

0:29:23 > 0:29:25That would be excluding any utility bills.

0:29:25 > 0:29:29With £700, you're talking over 9%,

0:29:29 > 0:29:30which I think is very reasonable

0:29:30 > 0:29:33and I think it's a job well done for everyone.

0:29:33 > 0:29:36Actually, Shaz, I make that over 11%,

0:29:36 > 0:29:39which is a great return indeed.

0:29:39 > 0:29:42What if Shaz changed his mind and decided to sell?

0:29:42 > 0:29:46What could his £75,000 investment turn into?

0:29:46 > 0:29:50I would recommend a figure in the region of £85,000.

0:29:50 > 0:29:56I would expect this property to achieve a sale price of £104,950.

0:29:56 > 0:29:59I think it's pretty reasonable between the two,

0:29:59 > 0:30:03even if we can get something around the 95 mark, maybe,

0:30:03 > 0:30:06I think that would be a good sale price.

0:30:06 > 0:30:10Taking Shaz's figure of £95,000 would mean a potential profit

0:30:10 > 0:30:14of 20 grand, minus taxes and expenses.

0:30:14 > 0:30:16So, what's next for Shaz?

0:30:16 > 0:30:19My parents are very eagerly looking for my life partner.

0:30:19 > 0:30:21She may be out there somewhere,

0:30:21 > 0:30:23maybe she's looking at this programme.

0:30:23 > 0:30:26So, if she is, please come and find me because I have been searching

0:30:26 > 0:30:29- for you for a while. - Well, good luck, Shaz.

0:30:29 > 0:30:33But, remember, just like the work on this house...

0:30:33 > 0:30:35# You can't hurry love

0:30:35 > 0:30:37# No, you'll just have to wait

0:30:37 > 0:30:40# She said trust in a good time

0:30:40 > 0:30:43# No matter how long it takes... #

0:30:50 > 0:30:54Birmingham is renowned for being the second largest city in the UK.

0:30:54 > 0:30:56As you'd expect, at this size,

0:30:56 > 0:31:00many people born in the city went on to become famous all over the world.

0:31:00 > 0:31:05Ozzy Osbourne and Jeff Lynne of ELO and, of course, the late,

0:31:05 > 0:31:09great television star, Tony Hancock, all came from this vibrant city.

0:31:14 > 0:31:18I'm in Ward End, about 15 minutes away from the M6.

0:31:18 > 0:31:21And I am here to see this mid-terrace house,

0:31:21 > 0:31:26which has three bedrooms and a guide price of 74 to £78,000.

0:31:26 > 0:31:29And we're not too far away from Birmingham Airport, either.

0:31:29 > 0:31:32Now often, on Homes Under The Hammer, when we come and see

0:31:32 > 0:31:35a terraced house, the front door's normally here,

0:31:35 > 0:31:37and you walk out on to the pavement.

0:31:38 > 0:31:40This is a pleasant surprise.

0:31:40 > 0:31:43Somewhere to put your bins, just that little bit of outside space

0:31:43 > 0:31:44at the front.

0:31:44 > 0:31:47Now I'm going to make my way to the front door, so hold that shot.

0:31:49 > 0:31:50Hold that shot.

0:31:50 > 0:31:52Not there yet. Uh-uh.

0:31:54 > 0:31:56I'm there now.

0:31:59 > 0:32:00Right then.

0:32:01 > 0:32:05Because we are that little bit further away from the pavement,

0:32:05 > 0:32:07it's a little bit quieter,

0:32:07 > 0:32:09and you've got two doors before you get into the house,

0:32:09 > 0:32:11which keeps the heat in as well.

0:32:11 > 0:32:14And then you're into this quite tight hallway.

0:32:14 > 0:32:17I can see that we have got central heating

0:32:17 > 0:32:20and then we're straight into this first reception room.

0:32:20 > 0:32:23Very '70s-looking reception room as well.

0:32:24 > 0:32:27Down the hallway, into the second reception room, and again,

0:32:27 > 0:32:29this isn't a bad size.

0:32:29 > 0:32:33We have got an '80s fireplace, '80s decor...

0:32:35 > 0:32:38..and you've got stairs behind this door here.

0:32:38 > 0:32:41I don't mind this room but I don't like that.

0:32:41 > 0:32:43It's a little bit quirky. I don't like that glass.

0:32:43 > 0:32:45It's not very safe. I'll tell you what else I don't like.

0:32:45 > 0:32:47You just pop round there.

0:32:47 > 0:32:48I don't like this bit.

0:32:50 > 0:32:52That's a little bit quirky.

0:32:53 > 0:32:55And not very safe.

0:32:55 > 0:32:58OK. Into the kitchen.

0:32:58 > 0:33:02We've got a good-sized kitchen, lots of space to work with.

0:33:02 > 0:33:06You've got these tiles, that would definitely have to come down -

0:33:06 > 0:33:08they're not safe. Fire hazard.

0:33:08 > 0:33:12If you were to take all this out, start from scratch,

0:33:12 > 0:33:14put some new flooring in,

0:33:14 > 0:33:17put a whole new kitchen in, you would be flying.

0:33:17 > 0:33:20And, you know what? I think those windows are relatively new as well.

0:33:20 > 0:33:23So, that will save on the budget.

0:33:23 > 0:33:26Not bad. I'm pretty happy.

0:33:27 > 0:33:33The glass in those internal windows and doors will more than likely not be safety glass.

0:33:33 > 0:33:37And the old polystyrene ceiling tiles will definitely need

0:33:37 > 0:33:41to be binned, as the older ones weren't fire retardant.

0:33:41 > 0:33:43There are decor touches that are a...

0:33:43 > 0:33:46# Step back in time... #

0:33:47 > 0:33:48Upstairs, the bedrooms,

0:33:48 > 0:33:52and the first one of the three is this front bedroom.

0:33:52 > 0:33:54And it's not a bad size at all.

0:33:54 > 0:33:56They've got central heating.

0:33:56 > 0:34:00They've got good windows as well, which I'm really pleased to see.

0:34:00 > 0:34:01And then you see this.

0:34:01 > 0:34:03They've done... It's neither here nor there.

0:34:03 > 0:34:05They haven't got rid of the chimney breast.

0:34:05 > 0:34:07All they've done is just cover up this fireplace.

0:34:07 > 0:34:11Looks messy. You either keep a fireplace, make a feature of it,

0:34:11 > 0:34:14or get rid of the chimney breast, and create some more space.

0:34:14 > 0:34:16Not a bad-sized room anyway.

0:34:16 > 0:34:18And then you've got...

0:34:22 > 0:34:27A very, very, very long hallway to the other rooms.

0:34:28 > 0:34:31Via this.

0:34:31 > 0:34:32Look at this here!

0:34:32 > 0:34:34A bit of a crack here.

0:34:34 > 0:34:36And it gets even deeper just here.

0:34:36 > 0:34:38Look, I can get my fingers in there.

0:34:38 > 0:34:43And it does travel all the way from the top to very close to the bottom.

0:34:43 > 0:34:45Get that checked out and make sure

0:34:45 > 0:34:48it's not going to cost you too much money. Bedroom number two.

0:34:48 > 0:34:51Very similar. They blocked off the fireplace.

0:34:51 > 0:34:53Looks messy, looks ugly,

0:34:53 > 0:34:56but it's a double bedroom and it can be used better.

0:34:57 > 0:35:00Family bathroom just off to the left.

0:35:00 > 0:35:02Tiny.

0:35:02 > 0:35:04Again, that hasn't been touched in years.

0:35:04 > 0:35:08That is very early-'70s finish.

0:35:08 > 0:35:10There's a better way of using the space in there.

0:35:10 > 0:35:15And then I'm through into the third bedroom and we've got the loo,

0:35:15 > 0:35:17as it says on the door.

0:35:19 > 0:35:21This is actually in the third bedroom.

0:35:21 > 0:35:25It's been put on at a later date, as you can see.

0:35:25 > 0:35:28Just taking space from the third bedroom.

0:35:28 > 0:35:31It's not working. Incorporate that toilet in with the bathroom..

0:35:33 > 0:35:34..make better use of this space.

0:35:34 > 0:35:37That's very, very strange to me.

0:35:37 > 0:35:38# Ain't it strange

0:35:38 > 0:35:41# Ain't it strange

0:35:41 > 0:35:44# What some people will do? #

0:35:44 > 0:35:46This is just odd and messy.

0:35:46 > 0:35:49There surely is a better way of laying out upstairs

0:35:49 > 0:35:53and the space at the back of the house is also a bit of a mess.

0:35:53 > 0:35:57Outside loo, falling down outhouse and an overgrown garden.

0:35:57 > 0:35:59It all needs some attention.

0:35:59 > 0:36:01# Ain't it strange?

0:36:01 > 0:36:03# Ain't it strange? #

0:36:03 > 0:36:05But strange as it may seem,

0:36:05 > 0:36:08I think this house still has a lot going for it.

0:36:09 > 0:36:11What can a local property expert

0:36:11 > 0:36:13tell us about the area and the house?

0:36:14 > 0:36:17The street that it's currently on is one of, I suppose,

0:36:17 > 0:36:20many typical streets in the area.

0:36:20 > 0:36:23The properties are all very, very similar

0:36:23 > 0:36:25but they're very much sought-after.

0:36:26 > 0:36:31This place did have a 74 to £78,000 guide price attached to it.

0:36:31 > 0:36:34So, could there be room to make any money

0:36:34 > 0:36:37on either the rental or sales market?

0:36:37 > 0:36:40If the property's all done up to a reasonable standard,

0:36:40 > 0:36:46I would imagine that they would achieve in the region of

0:36:46 > 0:36:48130 to £135,000.

0:36:48 > 0:36:50As a three-bedroomed house on the rental market,

0:36:50 > 0:36:53then I would assume they will get

0:36:53 > 0:36:57something between 600 and £650 per calendar month.

0:36:57 > 0:37:00Now, if this house was in a dating ad,

0:37:00 > 0:37:02it would read something like this.

0:37:02 > 0:37:05Little bit rough round the edges, needs a bit of TLC,

0:37:05 > 0:37:07and a little bit quirky.

0:37:07 > 0:37:12Would like to meet someone that likes a night in, bit hard working,

0:37:12 > 0:37:15but has got a big heart.

0:37:15 > 0:37:18Let's see if love was in the air when it went under the hammer.

0:37:20 > 0:37:24It is a three bedroom, freehold, mid-terrace property.

0:37:24 > 0:37:27We've got to start at 80, haven't we?

0:37:27 > 0:37:29Is that 80, sir? Thank you.

0:37:29 > 0:37:30At 80,000 I'm bid.

0:37:30 > 0:37:32Is it 90?

0:37:32 > 0:37:3490, thank you, sir.

0:37:34 > 0:37:35At 90. 100?

0:37:36 > 0:37:38Ooh. Can we go two, then?

0:37:38 > 0:37:40Thank you. 92.

0:37:40 > 0:37:43So, there was steady bidding on this Birmingham house.

0:37:43 > 0:37:46We rejoin with the lot at £120,000.

0:37:47 > 0:37:49120. 121.

0:37:49 > 0:37:51121. 122?

0:37:51 > 0:37:57500. 121.5. 122, madam? 122.

0:37:57 > 0:38:00Is there another five? No.

0:38:00 > 0:38:03At 122,000, are we all done?

0:38:03 > 0:38:06Hammer's its way down. One, two, three.

0:38:06 > 0:38:09You fought very hard and you got there in the end.

0:38:09 > 0:38:13- Well done.- Well over the guide price, and for £122,000,

0:38:13 > 0:38:16the Birmingham terraced house was bought by local couple,

0:38:16 > 0:38:18Supreet and Mike.

0:38:18 > 0:38:21They join me back at the house to tell me their plans

0:38:21 > 0:38:23for their latest acquisition.

0:38:24 > 0:38:26- Mike, nice to meet you. - Nice to meet you.

0:38:26 > 0:38:27Supreet, nice to meet you, too.

0:38:27 > 0:38:30Congratulations to the both of you.

0:38:30 > 0:38:33Tell me why you started buying property?

0:38:33 > 0:38:37Well, I started buying properties when I was 19.

0:38:37 > 0:38:41- Three years ago?- I wish!

0:38:41 > 0:38:45And, um, I renovated the first one myself, pretty much everything.

0:38:46 > 0:38:50Then slowly, slowly, bought a few more of the properties,

0:38:50 > 0:38:55and then we got married and Supreet started her own business,

0:38:55 > 0:38:58- now we manage the properties ourselves.- OK.

0:38:58 > 0:39:01And the reason why we bought this one was...

0:39:01 > 0:39:03Supported accommodation.

0:39:03 > 0:39:05We run supported accommodation,

0:39:05 > 0:39:07- which we started about two years ago.- OK.

0:39:07 > 0:39:11Before that we done asylum, students, normal rent.

0:39:11 > 0:39:15And then we've gone into this one, as we do fostering as well.

0:39:15 > 0:39:17So, I thought, OK, just come and...

0:39:19 > 0:39:21So, who goes into your property then?

0:39:21 > 0:39:24- Who do you...?- Homeless people.

0:39:24 > 0:39:26Yeah. Mental health.

0:39:26 > 0:39:30Addiction. With alcoholic, or any, 18-plus.

0:39:30 > 0:39:32- Really?- Especially with the fostering,

0:39:32 > 0:39:35we have noticed when children turn 18,

0:39:35 > 0:39:38and they go out and there's nowhere to support them.

0:39:38 > 0:39:40So that's how we've gone.

0:39:40 > 0:39:42So, we get care leavers as well.

0:39:42 > 0:39:45- OK.- So, that's what we decided to go into.

0:39:45 > 0:39:47And what's your part in this?

0:39:47 > 0:39:49- I know that you...? - I look into referrals,

0:39:49 > 0:39:52who's going to come into the property, their day to day,

0:39:52 > 0:39:54and their support and everything.

0:39:54 > 0:39:57This is an interesting and commendable business model,

0:39:57 > 0:40:00so it's a win-win situation.

0:40:00 > 0:40:03They have a business and supply a very much-needed facility.

0:40:04 > 0:40:07Not only do they find time to foster,

0:40:07 > 0:40:10they have two children of their own to look after.

0:40:10 > 0:40:14Eight-year-old Prince and four-year-old Bhavjeet.

0:40:14 > 0:40:18But, what does Mike think the house needs to be fit for purpose?

0:40:18 > 0:40:22Going to knock a few walls out, like, um, in this room,

0:40:22 > 0:40:24going to take it and make it to open plan.

0:40:24 > 0:40:27Living room, kitchen.

0:40:27 > 0:40:29Put a washroom downstairs.

0:40:29 > 0:40:31Upstairs as well.

0:40:31 > 0:40:35Um, the washroom, it kind of goes into the rooms as well.

0:40:35 > 0:40:38So, we're going to take out the walls

0:40:38 > 0:40:42and make it a proper washroom in the middle.

0:40:42 > 0:40:46And, yeah, re-skim, rewire, replumb, new flooring.

0:40:46 > 0:40:48Everything.

0:40:48 > 0:40:50If you're wondering about the crack,

0:40:50 > 0:40:54that's been professionally checked out and it's not a major issue.

0:40:54 > 0:40:58They've given themselves a 20-grand budget and hope to complete the work

0:40:58 > 0:41:01into two to two and a half months. But they're not stopping there.

0:41:02 > 0:41:07We'll fully furnish the whole room and the house, dining table, beds,

0:41:07 > 0:41:08cupboards, everything,

0:41:08 > 0:41:12we provide all of that as well and we give them the bare essentials

0:41:12 > 0:41:17like cereal, bread and tea for them first coming in.

0:41:17 > 0:41:20- Wow!- So, all of that is there for them.

0:41:20 > 0:41:23Because when they initially come in,

0:41:23 > 0:41:26most of them will just come in with the clothes on their back.

0:41:26 > 0:41:27They won't have anything.

0:41:27 > 0:41:30So you're actually giving them somewhere to live

0:41:30 > 0:41:33and you're starting them out in life again

0:41:33 > 0:41:36with a bit of food, a bit of drink and heat, water...

0:41:36 > 0:41:37- Yeah.- Yeah.

0:41:39 > 0:41:40- I wish you all the best.- Thank you.

0:41:40 > 0:41:42Absolutely fantastic story.

0:41:42 > 0:41:43Good luck.

0:41:45 > 0:41:48That is really nice to hear, people choosing to give back,

0:41:48 > 0:41:53because there's lots of easier ways to make money out of property.

0:41:53 > 0:41:55They've got a good business model, it works for them,

0:41:55 > 0:41:58and it works for the people that need their houses.

0:41:58 > 0:42:00Fair play to them. I wish them all the best.

0:42:00 > 0:42:03You can find out how they get on with this one later in the programme.

0:42:07 > 0:42:10Now, when you're renovating property, you need to think about the endgame.

0:42:10 > 0:42:14Yes, the standard of work you do should reflect what the property will be used for.

0:42:14 > 0:42:17We've seen how the decisions affected property number one,

0:42:17 > 0:42:19but what about the other two?

0:42:21 > 0:42:24Back to the home of the Fab Four now, Liverpool.

0:42:24 > 0:42:29Six miles out of Liverpool city centre was this two-bedroomed mid-terraced

0:42:29 > 0:42:35property that had a guide price of 30 to £35,000.

0:42:35 > 0:42:37Inside the living area,

0:42:37 > 0:42:42there was a decoration style which reminded me of a fairground attraction.

0:42:42 > 0:42:46The interesting colour schemes continued into the really tired kitchen,

0:42:46 > 0:42:50and it also had a bathroom off the kitchen - not ideal.

0:42:50 > 0:42:56And upstairs, strangely, a three-bed house had been made into a two-bed.

0:42:56 > 0:42:58But it got even stranger.

0:42:58 > 0:43:01# Twist and shout... #

0:43:02 > 0:43:05Just when you thought you'd seen it all...

0:43:06 > 0:43:09There's French doors out on to a flat roof.

0:43:09 > 0:43:13You've got to say, this property's one in a million.

0:43:13 > 0:43:17# Don't push me cos I'm close to the edge

0:43:17 > 0:43:21# I'm trying not to lose my head... #

0:43:24 > 0:43:28Strange and dangerous, with no rail to stop you falling off the edge,

0:43:28 > 0:43:31and I, for one, wasn't going to test the roof to see if it was

0:43:31 > 0:43:36load-bearing. So the guide price all began to make sense.

0:43:36 > 0:43:40The issues didn't deter buyer Gary, though, who paid 48 grand.

0:43:43 > 0:43:46Gary, an experienced property renovator from Brighton,

0:43:46 > 0:43:49had turned to the Liverpool market to get more for his money.

0:43:49 > 0:43:51That was the plan, anyway.

0:43:52 > 0:43:54Well, I didn't see it before I bought it.

0:43:54 > 0:43:57- Oh, no!- Yeah, the fatal "didn't look at it before I bought it".

0:43:57 > 0:44:01Did try to get in but unfortunately they couldn't get the keys to me to

0:44:01 > 0:44:02get in and have a look at it, so...

0:44:02 > 0:44:04Oh, to be a fly on the wall when you

0:44:04 > 0:44:06walked through the door the first time!

0:44:06 > 0:44:09Yeah, it was definitely interesting, but also sort of expected it.

0:44:09 > 0:44:12I bought it thinking it wanted everything doing to it so,

0:44:12 > 0:44:13just work from there.

0:44:14 > 0:44:18Level-headed Gary wanted to do a complete renovation on the property,

0:44:18 > 0:44:21which would include converting it back into a three-bed,

0:44:21 > 0:44:24as well as possibly moving the bathroom upstairs,

0:44:24 > 0:44:27all of which he hoped would be complete and ready

0:44:27 > 0:44:29for the rental market in three months.

0:44:36 > 0:44:39Well, it's just been over five months,

0:44:39 > 0:44:42so will this Liverpool property be a case of Love Me Do,

0:44:42 > 0:44:45or has it been a Hard Day's Night

0:44:45 > 0:44:47to get it done?

0:45:11 > 0:45:13What a difference.

0:45:13 > 0:45:17Gone is the questionable decor, replaced with a neutral,

0:45:17 > 0:45:18professional finish.

0:45:18 > 0:45:20Ideal.

0:45:22 > 0:45:25The kitchen has been completely replaced,

0:45:25 > 0:45:28and the new units have sleek, clean lines.

0:45:30 > 0:45:33And whilst the bathroom remains downstairs,

0:45:33 > 0:45:36again it looks much more user-friendly.

0:45:36 > 0:45:38While upstairs...

0:45:53 > 0:45:56This lovely master bedroom now has an en-suite,

0:45:56 > 0:45:58which is a fantastic addition.

0:46:02 > 0:46:06And I'm glad to report that this is now a three-bed property again,

0:46:06 > 0:46:09with that archway bricked up and plastered over.

0:46:11 > 0:46:15And, even better news, those dodgy French doors are long gone,

0:46:15 > 0:46:16thank goodness.

0:46:20 > 0:46:22At the back, and the garden has been completely paved,

0:46:22 > 0:46:26which of course is practical for a rental property.

0:46:26 > 0:46:29But, you know me, I do like my gardens, so a bit of a shame.

0:46:29 > 0:46:32Gary's team have done a fantastic job here,

0:46:32 > 0:46:35and Gary himself has been pretty busy, too.

0:46:35 > 0:46:39Since we last saw him, he's got married to partner Melanie.

0:46:39 > 0:46:40Lovely news.

0:46:41 > 0:46:45Since you were last here, we've done a complete restoration on the place,

0:46:45 > 0:46:49we've started from the ground up with a chemical damp course,

0:46:49 > 0:46:52replacement windows. It's had a full rewire,

0:46:52 > 0:46:56it's had complete new central heating, new kitchen, new bathroom.

0:46:56 > 0:47:00We've been then able to create an en-suite upstairs where

0:47:00 > 0:47:04there was a cupboard, and a complete redecoration, flooring and blinds.

0:47:04 > 0:47:07When we first came, I was absolutely aghast,

0:47:07 > 0:47:11and I wondered if Gary really realised the enormity of what he'd taken on.

0:47:11 > 0:47:15But, true to form, he's worked very, very hard on it,

0:47:15 > 0:47:18and this was the first time I've been up since the work started,

0:47:18 > 0:47:22so I was very pleasantly surprised, especially by the en-suite upstairs.

0:47:22 > 0:47:26- I love it.- There was more to do here than Gary initially thought,

0:47:26 > 0:47:30including connecting the property to a mains gas supply,

0:47:30 > 0:47:32which was an unforeseen expense.

0:47:32 > 0:47:34So how is his budget looking?

0:47:36 > 0:47:39The original budget was 12 to 15,000,

0:47:39 > 0:47:42but with putting the en-suite on,

0:47:42 > 0:47:45having to put new windows in, totally transform...

0:47:45 > 0:47:49Transformation on the property, the budget hit 24,000,

0:47:49 > 0:47:53so it's almost doubled, shall we say.

0:47:53 > 0:47:57I suppose in total it's taken about four months,

0:47:57 > 0:47:59so we're into just over 16 weeks.

0:47:59 > 0:48:01But, then again, we haven't been here full-time.

0:48:03 > 0:48:07Gary's invested a total of £72,000 and plans to rent,

0:48:07 > 0:48:11but how will his increased budget affect his profit margins?

0:48:11 > 0:48:13It's time to hear from two local estate agents.

0:48:16 > 0:48:18First impression of the property, it's really fresh,

0:48:18 > 0:48:22nice and contemporary, nice and bright.

0:48:22 > 0:48:24I think the buyers have made...

0:48:24 > 0:48:26They've concentrated on the areas

0:48:26 > 0:48:28they need to concentrate on to get it lettable,

0:48:28 > 0:48:30so it looks really smart, I'm really impressed.

0:48:30 > 0:48:34Converting this property into a three-bed was a very good move.

0:48:34 > 0:48:36It's definitely added value to it,

0:48:36 > 0:48:38and it will appeal to a wider audience.

0:48:38 > 0:48:39So, yeah, good move.

0:48:39 > 0:48:43I like the idea that there is the en-suite bathroom upstairs,

0:48:43 > 0:48:45that's really practical.

0:48:45 > 0:48:48I like the way they've laid out the bathroom downstairs.

0:48:48 > 0:48:50I like the open-plan kitchen set-up here.

0:48:50 > 0:48:53The whole layout feels good.

0:48:53 > 0:48:55It's going to be an easy one to sell or let.

0:48:55 > 0:48:57Good response from the agents.

0:48:57 > 0:48:59Gary has spent £72,000.

0:48:59 > 0:49:01Let's get some valuations

0:49:01 > 0:49:04to see what the agents think it could sell for.

0:49:04 > 0:49:06Because it's so nicely presented,

0:49:06 > 0:49:11I think that the property could fetch £70,000 quite comfortably.

0:49:11 > 0:49:15In the current market we would expect to achieve £75,000.

0:49:15 > 0:49:20That top valuation would mean a pre-tax profit of just £3,000.

0:49:20 > 0:49:23But it was rental that Gary had his eye on.

0:49:25 > 0:49:27If we were to put this on the rental market,

0:49:27 > 0:49:31we would expect to achieve in the region of £500 per calendar month.

0:49:31 > 0:49:33As far as rental is concerned,

0:49:33 > 0:49:36it would easily achieve £500 per calendar month.

0:49:36 > 0:49:40£500 per calendar month would mean a yield of just over 8%.

0:49:40 > 0:49:43A little bit lower than I anticipated, but, you know,

0:49:43 > 0:49:46everyone's opinion's different on it,

0:49:46 > 0:49:48so just got to try the market and see what we can get for it.

0:49:48 > 0:49:51Will he be heading back to the auction room?

0:49:51 > 0:49:54I have no problems with buying from auction again.

0:49:54 > 0:49:57I've thoroughly enjoyed the process and recommend anyone to do it.

0:50:03 > 0:50:08Time to return to Birmingham now, where we went back to the '70s.

0:50:08 > 0:50:10No, wait, were we in the '80s?

0:50:11 > 0:50:13Either way, this terraced house

0:50:13 > 0:50:16with two reception rooms and three bedrooms,

0:50:16 > 0:50:18with a guide price of 74 to £78,000,

0:50:18 > 0:50:21was a mixture of different decades,

0:50:21 > 0:50:24and left me confused about its features.

0:50:24 > 0:50:25I don't like this bit.

0:50:27 > 0:50:29That's a little bit quirky.

0:50:29 > 0:50:34Quirky, but for aesthetics and safety, the glass had to go.

0:50:34 > 0:50:37Upstairs, the long hallway revealed a strange little loo

0:50:37 > 0:50:39carved out of the third bedroom.

0:50:39 > 0:50:43The bedrooms had fireplaces, but they were covered up.

0:50:43 > 0:50:45I'd hoped they'd be hidden gems.

0:50:46 > 0:50:49But there was no hiding a very deep crack.

0:50:50 > 0:50:53I thought this place was crying out for someone to take it on.

0:50:55 > 0:50:57# Take on me

0:50:57 > 0:51:00# Take on me

0:51:00 > 0:51:03# Take me on

0:51:03 > 0:51:06# Take on me

0:51:06 > 0:51:10# I'll be gone

0:51:10 > 0:51:13# In a day or two... #

0:51:17 > 0:51:21Paying £122,000, considerably more than the guide price,

0:51:21 > 0:51:24were Mike and his wife Supreet.

0:51:24 > 0:51:27It was destined to become another part of their business model,

0:51:27 > 0:51:29which provides housing for people

0:51:29 > 0:51:32with issues like homelessness and mental health.

0:51:32 > 0:51:36- And the reason why we bought this one was to do... - Supported accommodation.

0:51:36 > 0:51:37DISCO MUSIC PLAYS

0:51:37 > 0:51:39This would be a home for homeless

0:51:39 > 0:51:41and vulnerable people in need of support.

0:51:41 > 0:51:45So the plans were for the back sitting room and kitchen to be

0:51:45 > 0:51:46open-plan, and to create

0:51:46 > 0:51:49a downstairs washroom using the outside loo.

0:51:49 > 0:51:52All in a timescale of two and a half months,

0:51:52 > 0:51:54and for a budget of 20 grand.

0:51:55 > 0:51:58It's been six months since we were here, so, first things first,

0:51:58 > 0:52:00stop that '70s music.

0:52:00 > 0:52:02MUSIC: Uptown Funk

0:52:02 > 0:52:05And let's start a 21st-century beat.

0:52:14 > 0:52:17Well, this is looking so much smarter.

0:52:17 > 0:52:20By getting their building team to take away the chimney breasts,

0:52:20 > 0:52:22they have created a spacious feel,

0:52:22 > 0:52:25and they've done the same in the upstairs bedroom.

0:52:25 > 0:52:28However, after Mike and Supreet took advice,

0:52:28 > 0:52:32there's been a change of plan with the open-plan living and dining room.

0:52:33 > 0:52:36Fire regulations apply to this kind of accommodation,

0:52:36 > 0:52:41and a fire door would need to be installed, so they remain separate.

0:52:41 > 0:52:45The back sitting room will be a communal area for the residents,

0:52:45 > 0:52:48while the front living space will become a fourth bedroom in time.

0:52:48 > 0:52:51They are just awaiting a risk assessment to be carried out.

0:52:52 > 0:52:56It is going to be a fourth bedroom because we have one communal area,

0:52:56 > 0:52:57so it's going to be four bedrooms.

0:52:57 > 0:53:00But sometimes when they come for inspection again,

0:53:00 > 0:53:04they sometimes put an objection to say,

0:53:04 > 0:53:06either it's going to be a bedroom or not.

0:53:06 > 0:53:09It depends, really depends on them when they do the inspection.

0:53:09 > 0:53:12As a provider of this kind of supported housing,

0:53:12 > 0:53:15they are awaiting the go-ahead from the council on this.

0:53:15 > 0:53:17They have to, of course,

0:53:17 > 0:53:20adhere to all the other health and safety regulations required for

0:53:20 > 0:53:23accommodation intended for multiple occupancy.

0:53:23 > 0:53:27This includes fire safety measures like fire doors and alarms,

0:53:27 > 0:53:31as well as some additional ones needed for vulnerable residents,

0:53:31 > 0:53:33like security cameras in communal areas.

0:53:39 > 0:53:42Upstairs, the bedrooms have been re-plastered and painted,

0:53:42 > 0:53:45with new laminate flooring throughout,

0:53:45 > 0:53:47making a practical and easy-care environment.

0:53:47 > 0:53:50And it feels spacious,

0:53:50 > 0:53:53with the chimney breast and fireplace having been removed.

0:54:00 > 0:54:03And that crack proved to be historical.

0:54:03 > 0:54:06The building was re-skimmed to fix this.

0:54:06 > 0:54:08Now, what about that upstairs loo?

0:54:09 > 0:54:10The upstairs bathroom,

0:54:10 > 0:54:14and they had the toilet that was in the actual bedroom, third bedroom,

0:54:14 > 0:54:18so what we did was we took that out and extended the bedroom,

0:54:18 > 0:54:22and then did a proper bathroom for upstairs.

0:54:22 > 0:54:25And then downstairs we had the outhouse,

0:54:25 > 0:54:29which we took out and we put a washroom in there.

0:54:34 > 0:54:38The shrubs and trees in the back garden have been cut right back,

0:54:38 > 0:54:41and the space has been made relatively maintenance-free.

0:54:41 > 0:54:45Lots of work has been done to bring this house up to the standard of

0:54:45 > 0:54:47supported accommodation,

0:54:47 > 0:54:50but did they experience any problems during this project?

0:54:50 > 0:54:54There was a delay in the building work because the builders originally

0:54:54 > 0:54:57were going to start the work, they didn't turn up,

0:54:57 > 0:55:00and so we got the other builders in and agreed the date,

0:55:00 > 0:55:02that took a long time,

0:55:02 > 0:55:06so the build didn't start until a good two months later.

0:55:06 > 0:55:09Mike and Supreet managed this renovation

0:55:09 > 0:55:13on top of taking care of their foster children

0:55:13 > 0:55:16and their own two kids, Prince and Bhavjeet.

0:55:16 > 0:55:19With many balls to juggle at once,

0:55:19 > 0:55:21how was the line of communication between both of them?

0:55:21 > 0:55:24I didn't put my hands here anywhere, so I just said,

0:55:24 > 0:55:28it's good to just pick a phone and go to stores and say, OK,

0:55:28 > 0:55:31just give a call to Mike when he was here, "Is this OK?"

0:55:31 > 0:55:34Show him on Facetime, "Choosing this one," and he says, "Yeah,

0:55:34 > 0:55:36"that's fine," so, yeah, was good.

0:55:36 > 0:55:39Modern technology really is a marvel.

0:55:39 > 0:55:41But did these fixtures and fittings

0:55:41 > 0:55:44take them over their budget of £20,000?

0:55:44 > 0:55:47We went slightly over 20, but still under 25.

0:55:47 > 0:55:50We got about 23,000, around that mark?

0:55:50 > 0:55:54Yeah. My book says 22,600, so, yeah!

0:55:56 > 0:55:59I'll take your precise maths, then, Supreet!

0:55:59 > 0:56:06All in all, that gives them a total spend of £144,600.

0:56:06 > 0:56:08So we've asked two local estate agents along

0:56:08 > 0:56:10to look at the property and give us their thoughts.

0:56:11 > 0:56:13On first time visiting this property,

0:56:13 > 0:56:16it's become quite apparent what the purchasers' intentions are,

0:56:16 > 0:56:19I believe. They are potentially looking at a HMO property,

0:56:19 > 0:56:20which is a house of multiple occupancy,

0:56:20 > 0:56:23which I think, in this particular area,

0:56:23 > 0:56:25would be a very wise thing to do.

0:56:25 > 0:56:29First impressions are it's been done to a reasonably high standard.

0:56:29 > 0:56:31The advantage I think is having a hallway to the property

0:56:31 > 0:56:34which allows the front room to be allocated potentially as

0:56:34 > 0:56:38another bedroom, which I think the owners are possibly looking at.

0:56:38 > 0:56:41And it works very well as a potential four-bedroom property.

0:56:41 > 0:56:44So, this property could be of interest

0:56:44 > 0:56:46to a buyer looking to own a HMO.

0:56:46 > 0:56:50How much could it sell for as a going concern with tenants?

0:56:50 > 0:56:52I think we'd be looking in the region of

0:56:52 > 0:56:54somewhere around £145,000.

0:56:54 > 0:56:56I think on the current sale market,

0:56:56 > 0:57:00this property could achieve offers over £135,000.

0:57:00 > 0:57:05We think that's a bit low, because the house next door sold for 140,

0:57:05 > 0:57:07and that needs a lot of work doing to it,

0:57:07 > 0:57:09that was about three months ago.

0:57:09 > 0:57:13That top valuation would mean a tiny pre-tax profit of just £400.

0:57:13 > 0:57:19Looking at renting each room for around £350 per room per calendar month.

0:57:19 > 0:57:22I would possibly look at figures over £1,000 per calendar month

0:57:22 > 0:57:23- for the whole property.- Yeah.

0:57:23 > 0:57:25- What we expected.- Yeah.

0:57:25 > 0:57:27That top rental valuation

0:57:27 > 0:57:31would mean a potential yield of 11% on the HMO market.

0:57:31 > 0:57:33However, this accommodation

0:57:33 > 0:57:36will be rented to people in need of a home and support.

0:57:36 > 0:57:38So now it's ready to go, how do they feel?

0:57:38 > 0:57:41It's something that you enjoy, you've got to enjoy it.

0:57:41 > 0:57:42And we do enjoy it.

0:57:42 > 0:57:45- What we do, yeah. - Time flies when you're having fun!

0:57:50 > 0:57:53Now, I'm hoping that all you budding property developers are inspired by

0:57:53 > 0:57:55the properties on today's show.

0:57:55 > 0:57:58Yes, and even if you're just thinking about

0:57:58 > 0:58:01doing up your own home, I hope we've given you food for thought.

0:58:01 > 0:58:02So join us next time

0:58:02 > 0:58:04for more inspiration on Homes Under The Hammer.

0:58:04 > 0:58:06- Bye.- Bye-bye.- Goodbye.