Derby Homes Under the Hammer couple break budget to turn dilapidated bungalow into dream home

The pair appeared on Homes Under the Hammer with a £ 80,000 renovation budget

A Derby couple who went over the budget of £ 30,000 for Homes Under the Hammer managed to transform a chalet-bungalow into a modern family home.

Ian and Michelle, who are established property developers, sold the house and, despite the overspending, made a profit of almost £ 200,000 before tax.

The couple bought the three-bedroom bungalow in Kilburn, near Belper, for £ 140,500 in February 2019 and embarked on an ambitious extension and renovation.

Explaining why they chose the house, Ian said: “I had seen it on the internet and it was a good size plot, but it took a lot of work.”

With a budget of £ 80,000, the duo added two skylights to the front of the property, as well as a rear extension to the first floor.

This transformed the house into a four bedroom house, with a family bathroom and a private bathroom.

The interior of the house has been modernized using the rear extension to create an open plan kitchen-diner.

The exterior of the construction has also been updated and the traditional brick has been covered with a white plaster.

They have also added a contemporary and stylish patio to the rear of the property.

Ian did much of the work himself, along with a close friend who is a builder and being a retired electrical contractor was able to do all of the electrical and plumbing work.

Michelle was involved in the purchase of materials and furnishings for the house before it went to market.

The project lasted 14 months and the couple were able to sell for around £ 425,000.

See the before and after photos below.

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About Natalee Broderick

Natalee Broderick

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