You could potentially make something involving the existing walls and a timber shed type structure and secure it
I built this double garage fella in Burton a couple of years back...Can anyone give me an idea of what this would cost? I'm in West Midlands.
I personally would always opt for masonry walls and concrete floor wherever possible. Whilst timber seems ideal, it does come with its own set of construction issues (think insulating and ventilating the structure), it also brings about future maintenance issues onto the owner.timber frame workshop
Its easier to buy a house that is £50k more expensive than it is to build a simple garage/workshop. No wonder housing in this country is so neglected.
Like I said mate, seems nuts to spend and extra 50k (And then pay 25years interest) to get a 10k garage.@kingandy2nd its always having cash that's the problem isn't it.
The house is only a little 2 bed so is really very small but has some land to the side. I live alone so I don't need a big house with lots of bedrooms and bathrooms in it like most houses seem to be, but I do need storage space because I have lots of outdoor hobbies - cycling, scuba diving. They come with alot of equipment. Houses on the market don't cater for this very well at all.
I know its nothing anyone can do anything about its just annoying that there was no foresight by the original developers (or any developers for that matter - they are all as bad). It would have been far easier and cheaper for them to have built the garage at the time the house was being built than to have to do it later.
re the numbers - a £130k house with 10% deposit needs £13k. A £180k house with 10% deposit needs £18k (which is what I have), that's a £5k difference - not enough to build the garage. So monthly payments and long run cost aside, its initially far easier for me to buy the bigger house than it is to buy this house and build a garage. Problem is that there are so few houses built with garages (foresight/planning issue again) that I can't find anything even at the higher price.
Can’t you borrow a bit more on the 130k one in order to cover the garage build cost?
Like I said mate, seems nuts to spend and extra 50k (And then pay 25years interest) to get a 10k garage.
A 12k unsecured loan with Tesco is £215 pm for 5 years, so you’d still have more money in your pocket from day 1 if you went down the route to buy this house and build a garage, then once the unsecured loan is paid off you have £2.5k more on your pocket every year for 20 years - that buys a lot of bikes and scuba gear.
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