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Homes Under the Hammer Repeat Tracks Renovation Payoffs in Wallasey and Burnley

The BBC repeat highlights returns from low‑guide auction homes following intensive refurbishments.

Overview

  • Dion Dublin found a gutted two‑bed terrace in Wallasey with an overflowing skip outside and warned work‑shy buyers to steer clear.
  • The Wallasey house had a £35,000 guide price; buyer Ryan aimed for a six‑week, £18,000 refurb but finished in five months with total spend about £99,000 and rent now £800 per month.
  • A local agent put the Wallasey property’s resale around £140,000, and Ryan said he plans to keep it as a rental rather than sell.
  • In Burnley, Charlie bought a three‑bed guided at £40,000 for £78,000, completed the refurb in roughly three weeks, and kept costs near a £10,000 budget by reusing fittings.
  • A local valuation suggested the Burnley home could deliver about £31,000 pre‑tax profit if sold, though a tenant is already lined up at £620 per month.