Deal Figures


Purchase Price:
£200,000

Renovation Costs:
£45,000

RICS Valuation Post Refurb:
£325,000

Estimated Profit*:
£70,000

*Cost of finance not factored into profits at this stage, however legal fees and stamp duty deducted before profits estimated.

Craigleith Hill Cresent

We’re delighted to show you our latest project at Craigleith Hill Cresent in the sought after area of Craigleith in Edinburgh. The property its-self is a two-bedroom bungalow located on a quiet leafy street. The property offers all the ease and convenience of single-story living and provides exciting development opportunities for the next owners to extend upwards with the addition of dormers.

The previous owners occupied the property for a long time (around 50 years). So as you can imagine, there was a lot of work to be done to the property. The first job was to strip out the property – carpets, textured wallpaper, bathroom and the kitchen, giving us a blank canvas to visualise our plans.

Dining Extension to Kitchen Living Space

We purchased the property as a two-bedroom bungalow but spotted the potential to convert it to a three-bedroom. The property benefitted from an extension to the rear of the property, which the previous owner had used as a dining room. We decided to remove the wall separating the dining room and the kitchen to create a lovely bright open plan kitchen living area.

Altering the kitchen/living space allowed us to convert the old living room into the new third bedroom. We thought having this property set up as a three-bedroom would appeal to many buyers in this area’s price range. The room would also be perfect for other uses depending on the buyer – a dining room, home office or even a second living room.

Before
After

Bathroom

The old bathroom was stripped out and modernised, but no structural changes were needed. We picked a modern yet timeless look for the bathroom with a tiled floor and underfloor heating, full-height wall tiles, and an LED mirror. We always have the end-user (the potential buyer) in mind when renovating a property. Therefore we installed a bath with a shower over it to ensure suitability for the many families looking for homes in this area.

Before
After

Living Room to Master Bedroom

Having opened up the kitchen into the previous dining room to create an open plan kitchen living space allowed us to turn the living room into a big third bedroom. And what a difference with the walls skimmed, painted with a lovely Farrow and Ball colour and fresh carpets to bring this room back to life.

Before
After

Garden

Part of taking on a project of this style means there is usually a garden that needs some TLC. We decided to remove all the foliage and leave a nice clean blank canvas for the new owners. The garden was levelled, and fresh turf was laid, ready for the new owners to make their own.

As you can see here, we widened the windows from the living room with large sliding doors to tie the outside with the inside. In addition, we installed a new decking area outside the rear of the property for outdoor living, which we think works well.

Before
After

Driveway

The final part of our renovation included freshening up the front of the house. We painted the front door one of our favourite Farrow & Ball colours, French Gray, and tied the flower beds in the front garden. To modernise the look of the front of the house, we removed the previous slabbed/gravelled driveway and laid new stones on the driveway. Although this part of the renovation didn’t take too much time, we certainly feel it made a big difference to the first impressions!

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