Doer-uppers: Why property projects are more popular than ever ðŸ›
Buying a wreck and turning it into a dream property is an aspiration of many property buyers, but in the current market, where demand for property is outstripping supply, more buyers who are struggling to find what they want, are looking for big refurbishment project or knock-down and rebuild.
James Law of Stacks Property Search, says: “Property prices have increased significantly over the course of the pandemic, in some areas by as much as 30%, and when buyers do find something they want they’re shocked by the price. For example, reluctant to spend £1.2m on something that’s ready to move into that would have cost under £1m two years ago, they start seeking something for £800,000 that needs substantial work. To continue reading, please Click Here