Deal Figures


Purchase Price:
£305,000

Renovation Costs:
£130,000

Estimated End Market Value:
£550,000

Profit:
£115,000

Coillesdene Drive

Our Coillesdene Drive project was a derelict bungalow located in the popular area of Joppa, in east Edinburgh. With views over the Firth of Forth and a stone’s throw from the beach, this property was a rough diamond. The property had been empty for five or more years, and it was evident that even when it was occupied, the owner had neglected many maintenance issues in their property. We could see the potential to turn this property into a show home, with endless possibilities for extensions and internally reconfigurations.

Before
After

Stage 1

Many works were required to bring this property back to liveable condition, but a high level of exterior works was required before we could make a start on the interiors. Firstly the removal of the crumbling garage and boundary wall was essential for safety purposes, followed by weeks of excavation of the back garden. A boundary wall had collapsed into the back garden, leaving mounds of rubble, concrete and a huge amount of overgrown vegetation to be removed. 20 skips or so later, we managed to see the full size of the back garden and get a list of exterior works required together. Some windows were replaced due to a previous break-in, and the roof and gutters required overhauling.

Previous neighbours kindly gave us background information into the property, highlighting drainage or plumbing issues. Due to the nature of the issues, we replaced all plumbing inside the property. After using the facilities for a few weeks, we realised the drainage outside also required investigating. Replacement pipes for all drainage were installed, which required deep excavations at the front of the property.

Before
After

Stage 2

We got to work on a plan for the inside of the property. The property had two bedrooms and three public rooms, therefore we discussed usage of these rooms with our architect and made plans to convert the bungalow to a three-bedroom two public room home. We opened up the living room with the kitchen, providing a large and bright west facing open plan living space. The existing lounge was changed into the master bedroom with built-in storage. The property required rewiring, which took place at the same time as the heating (and plumbing) overhaul. As the property had been empty for many years, the property felt damp and had many areas of mould. We investigated these potentially worrying damp areas and sorted any ongoing issues, which included historic burst pipes due to the cold. We installed a new kitchen, new bathroom and fully redecorated the bungalow (inside and out). 

The landscaping of the garden made an incredible difference to the feel of the property, turning it from a rather dated property into a modern space. The before and after pictures really show the huge transformation of this property, enjoy!