29 August, Thursday, 2024
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HomeSourcesmetro.co.ukCouple buy dilapidated home and remodel it, making £640,000 profit

Couple buy dilapidated home and remodel it, making £640,000 profit

NEWS… BUT NOT AS YOU KNOW IT

Doer-upper properties can make you some serious money and one couple have shown just how much value you can add to a home if you get it right.

Rowan Giles, 45, and her husband, Tim, 48 purchased their semi-detached home for £360,000 in July 2012 and, with all the work they’ve done to it, it’s now been valued at up to £1million.

The couple, from Manchester, have spent over a decade renovating the five-bedroom, two-bathroom property, which had remained untouched since the 1950s when the pair bought it.

Despite it being in ‘really bad shape,’ Rowan and Tim have spent £280,000 to transform it into a nice family home for them and their three children.

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