HOME RUN
I bought a rotting home for £30k against expert advice – but I got the last laugh after totally transforming it
The rundown property was purchased by a Homes Under the Hammer regular who likes to take on big projects
HOMES Under the Hammer host Dion Dublin was left concerned for buyers who purchased a rotting Lancashire property in an urgent state of disrepair for £10k.
The sportsman-turned-presenter admitted to the house hunter that he “wouldn’t pay much over £10k” on the house due to the immense despair.
9
9
9
During the Homes Under the Hammer episode, Dion struggled to hold back his curb-side reaction to a Padiham house with a guide price of £10,000 due to its terrible state.
A Homes Under the Hammer regular named Sam, who has appeared on the show several times and taken on big projects, bought the property at the auction.
However, this property differed from Sam’s previous buys, as it at least did not have any structural issues.
The BBC host voiced his concerns to Sam, as the downstairs floor was infested with dampness.
Read Homes Under the Hammer
The two-bedroom end of terrace house was situated on the river bank - which Dion indicated may be causing some of the issues - and had mould everywhere, along with poison ivy growing through the walls.
An excited Sam quickly got stuck into the renovations and was pleased that he only paid £30,000 for it.
He said: “Before, I worked on big projects with structural work needed, but this is more cosmetic”.
The house buyer told Dion he hoped for a quick and efficient turnaround and would outsource contracted work to local firms.
Most read in Reality
He felt it was critical to give back to his community and provide work for people, but he said he would also be getting stuck on the job “by doing all the plastering and fitting the lights.”
Sam appeared extremely confident and was eager to get started on his project.
Homes Under the Hammer £70k wreck leaves widow in tears after huge makeover
He planned to completely transform the house from top to bottom in 6-8 weeks with a budget of £15,000.
However, things did not go as planned as Sam had to fork out an extra £10,000 for the work, meaning he spent a whopping £25,000 on repairing the home.
He removed all the ivy, which was causing many problems with the mould spreading, but thankfully, this meant there were no issues concerning the house sitting close to the river.
The extra costs were to cover the likes of re-rendering the property and new windows. Sadly, this meant Sam was unable to turn the cellar into a utility room.
Three months later, Dion went back, and his jaw dropped at the astonishing makeover.
From the initial first glance, the property's new facelift was breathtaking.
Sam did a terrific job by transforming the property into a bright, airy living space with a modern and cosy feel.
If he put in on the housing market, the house would now sell for at least £75,000, and the rent yield would be 12%, bringing in at least £650 per month.
However, the owner hadn’t planned to sell the property and said he was “over the moon” with the transformation and had already moved on to his next project.
Elsewhere, another Homes Under the Hammer buyer was left in tears after seeing her £79K property in despair transformed into a stunning mid-terraced home in honour of her late husband.
READ MORE SUN STORIES
The house hunter was ready to relinquish the damp-invested Nottinghamshire property before her son took it on.
Homes Under the Hammer is available on BBC iPlayer.
9
9
9
9
9
9
Topics