R
RichBlackwell
New Member
Hi all.
So I’m looking at a semi detached property, currently listed at £170k. Its to be an investment property, to rent out long term.
It’s a repossession and needs a new kitchen, bathroom, carpets and walls. That’s all fine.
The aspect I’m concerned about is the lack of gas heating. It’s NOT connected to the mains, but the mains are at the end of the garden, beyond the fence.
My two questions to those in the know are:
1, how does adding gas heating affect the value of the property?
(if it costs £5k to install but adds £10k-£15k then that could justify it).
2, does having just electric heating affect the rental ability?
Thanks in advance, for any advice or information!
So I’m looking at a semi detached property, currently listed at £170k. Its to be an investment property, to rent out long term.
It’s a repossession and needs a new kitchen, bathroom, carpets and walls. That’s all fine.
The aspect I’m concerned about is the lack of gas heating. It’s NOT connected to the mains, but the mains are at the end of the garden, beyond the fence.
My two questions to those in the know are:
1, how does adding gas heating affect the value of the property?
(if it costs £5k to install but adds £10k-£15k then that could justify it).
2, does having just electric heating affect the rental ability?
Thanks in advance, for any advice or information!