Stuck at the first hurdle



New Member
Hi all!

I'm completely new to property and I would like to make a purchase on a house with the idea of modernising it and selling it on ..

I´m based in London but I would like to use most of the money I have saved with a margin for any hidden cost which may arise.

I have roughly 160k budget but I know there may be hidden costs. I guess I'm asking for a breakdown of cost to consider where and what to buy. I would like to try to buy a property on auction as I understand this is where most development opportunities are found but if if there is anywhere else I can look please give it a shout.

Many thanks :)


There are some interesting free ebooks on this site:-

They might give you some background before you start your journey.