Sarah Beeny goes back to see how Martin Sutherland is coping after he was so convinced he'd found the formula for making money out of developing in Earls Court.
It makes me wonder how the Program advertises for participants. "Useless Know it All Twats required for TV show Only people with huge egos, no ideas and no financial sense need apply"
Craig and Tina bought the art deco house in Nov 2004 for £225,000 and sold it in Sep 2011 for £340,000; they lost money despite the amount of time they lived in the property. They even added a conservatory to the back of the house.
Minor detail you missed, the 2007 market crash, the worst I've seen in my lifetime. The knock on affect of that is still felt. Just ask me. I lost a LOT of money. They probably did well to break even
I love art deco!!! I hope they keep the original charm and style of the home 🤞curious to see how this episode unfolds EDIT: the art deco house turned out beautifully but Tina is insufferable and irresponsible. That square toilet is absolutely hideous and Tina has no business handling budgets.
I really dont understand why you wouldn't listen to what she has to say when she's telling you that you're doing the wrong thing. And people spend like its no tomorrow what in the world.
the show is rigged. she comes later on and the developers have often started and are working / sometimes the dev is already finished. its tv...viewing matters
I Love This show! The people that buy these homes almost never have any experience, but they always think they know what is the best thing to do to sell the house... LOL!
Renee. So true. People have come up with an idea and they are so attached to it that they cannot make smart COMMON SENSE decisions. It's like they need to get it their way. Not smart business attitude.
I honestly hope the original bathroom in that Deco place was too far gone to be restored because it's a crime that they tore it out. 'we want to do it Art Deco' but most people's idea of Deco isn't Deco - it's more 'contemporary square'.
How they go so far over budget defies belief. A lot of them are not very smart. Looking at a huge loss through over capitalising, over spending like there is no tomorrow and just putting into the house what they wanted rather than what prospective purchasers want. Then there is their expectation of what they will get for it. First thing speak to an agent then buy appropriately in a half decent area then redevelop to what people want.
”I think we would be daft ignoring advice like that from someone who clearly knows what they’re doing”. Exactly! If only more of the ppl on these shows would reason like that
Have y ou noticed that these programmes never contain any out and out failures? Everyone seems to make money. The fact is that as a property investor myself, I see countless failures around me all the time, including examples of inexperienced developers losing huge sums of money and sometimes being ruined. Developing single properties like this will not make you money beyond what you might gain simply because the market's rising. Just holding the asset will bag you 10% in a good year. The rest is at best a waste of time and could lead to your ruin.
Having to move in after putting development costs on a credit card isn’t a “win” in my book. They will be paying a mortgage plus massive credit card bills with accrued interest as it was 0% for seven months. And he has to live in it with her!
You clearly didn’t finish the episode, the Art Deco couple made a massive loss which forced them to move in till the market picks up paying a very high mortgage, which could keep them there for some years.
GBP 17000 to restore 17 windows. I'm setting up a bizness tmrw restoring windows !!! Here, the 17 windows would cost GBP 4000 maximum to restore whereas it probably only cost these builders 4000 to make new ones and sell them on for a hefty 17000.
I have worked with glass and metal and have contacts that can do it for me also. Believe me, 4000 quid is the COST, the rest is profit - and at 17'000 quid its a rip off, it should be nearer 7000 to 8000 and thats still expensive with a 100% profit margin ! Dismantling them 3 days work - hand cleaning/preparing them for sandblasting and paint 1 days work - sandblasting and paint 1 days work - inserting the glass 2 days work - putting windows back into the house 2 days work. Lets say 2 weeks work to leave some time for the proverbial tea breaks. Thats 10 days work. The rest is divided up between: Sandblasting, putty & paint. That does not add upto 17'000.- quid my friend. How much does the average worker make per day ? double that for the company x 10and thats your labour costs. That leaves you with installing the glass and puttying and some paint to make up for the rest + profit margin. Do the sum backwards and determine the gross profit margin. 17'000 quid total is a rip-off. PS: I spelt bizness wrong on purpose by the way.
I still loved the way the Art Deco house turned out. I loved the fireplace - even the square toilet. They did a great job on all the details. Who cares if they took a big loss!
2:26, WOA!!!!! That’s the absolute worst hair. She just needs it cut in that unflattering long-pointy-on-the-sides-short-up-the-back to complete the whole sad look.
I'm not a fan of Art Deco but think that the style should be honored. Amazing to me that other houses on the road were allowed to be changed in style from their Art Deco origins (pitched roofs put on etc.). Does that period not have protected (listed) status in the UK?
That house was hardly art deco. Just a few hints with a couple of mirrors and a crap fireplace does not an art deco house make. What a disaster on every level.
The Art Deco House: something is seriously wrong with your thinking when someone tells you to cut your spending and you ignore them. I guess it's easy to spend someone else's money. You are not designing YOUR dream house. You are designing a house for others. Things should be neutral to appeal to more buyers. People squander opportunities. Where has intelligence gone?
I like Sarah a lot. She's a very nice, tactful woman. I do think that she could use some help with her hair and clothes, though. But it's what inside that counts, isn't it?
The art deco one was painful, the guy having to sell his car so his stupid wife can spend a fortune on unnecessary things for a house they weren't even going to live in.... Jesus.
I'm in control .. I mean we are in control. Why do women act singular but speak plural. Tina just wants to buy pretty things and not focus on the big shit.
These programmes are highly irresponsible. Is this presenter, for example, a professional property investor herself? On what basis is she liberally dishing out advice to these people? It's their money, and it's a lot of money, so she should just keep quiet unless she really knows what she's talking about. Why not get some professionals involved? I find her getting on my nerves pretty much every time she opens her mouth. Then there's the pouting, the false soft voice and generally, the post-childbirth eroticism that she tries to portray - it's all so silly, all the whilst telling people who are putting their money where their mouths are how to spend their money. What does she know? Nothing. Mind you, I've never so many schmucks as you get on this programme.
Everyone who has already replied is right about her experience, etc. I just wondered why no one had commented on Luke Dawson's weird & creepy comments about Sarah herself? 'the post-childbirth eroticism that she tries to portray.' Luke - that is entirely your silly & gross hangup. Sarah is a professional acting professionally (and she seems to try to do it with kindness as well). Would you ever comment like that if it were about a male presenter? You clearly have an issue with women. Work on that.
"I think we'd be daft to ignore advice like that from somebody who knows what they're doing." Music to my ears!
How Sarah puts up with these block heads, makes for tv I suppose. Wonderful woman
It makes me wonder how the Program advertises for participants. "Useless Know it All Twats required for TV show Only people with huge egos, no ideas and no financial sense need apply"
Block heads indeed
Who else here get relaxed every time you hear Sarah’s voice 😄😄😄
Craig and Tina bought the art deco house in Nov 2004 for £225,000 and sold it in Sep 2011 for £340,000; they lost money despite the amount of time they lived in the property. They even added a conservatory to the back of the house.
Minor detail you missed, the 2007 market crash, the worst I've seen in my lifetime. The knock on affect of that is still felt. Just ask me. I lost a LOT of money. They probably did well to break even
r u kidding me? their budget went up by three times and they were speechless...comon ppl, how deft r u
The Art Deco house sold in 2011 for £340,000
Mark Watson a,
Always nice to see a final sale price. Thanks
@@dyanblacklock9905 agreed Thank you Mark Watson. I do have to add that was a long time to break even, this show aired I think in 2007 .
I love art deco!!! I hope they keep the original charm and style of the home 🤞curious to see how this episode unfolds
EDIT: the art deco house turned out beautifully but Tina is insufferable and irresponsible. That square toilet is absolutely hideous and Tina has no business handling budgets.
I'm not 2-1/2 minutes in and I am ssssWOOOOOOOing over that Deco house! Dingy as it is, I am dancing here as I slouch on my binge-watchers' sofa!!!!!!
Why aren't they accessing period-specific salvage yard wearhouses? There are Art Deco yards to get EHHHHverything one needs to deck-out the joint.
I really dont understand why you wouldn't listen to what she has to say when she's telling you that you're doing the wrong thing. And people spend like its no tomorrow what in the world.
the show is rigged. she comes later on and the developers have often started and are working / sometimes the dev is already finished. its tv...viewing matters
I love Sarah but who is her hairdresser because they need to think of another career 😆😆.
That art deco house is amazing.
Easy to spend without control and to get a lovely result.....but understanding what you can potentially recoup is what it's all about.
£1000 is a crazy price for that ugly toilet, you can get a comparable one 13 years later for £160.00.
I Love This show! The people that buy these homes almost never have any experience, but they always think they know what is the best thing to do to sell the house... LOL!
I love it too. Its nice to know some can spend like that !
Renee. So true. People have come up with an idea and they are so attached to it that they cannot make smart COMMON SENSE decisions. It's like they need to get it their way. Not smart business attitude.
Why don't people who are restoring period houses go to salvage yards & get used original fittings & reuse them? Cheaper & more authentic.
The first couple.. the wife is so arrogant
I honestly hope the original bathroom in that Deco place was too far gone to be restored because it's a crime that they tore it out. 'we want to do it Art Deco' but most people's idea of Deco isn't Deco - it's more 'contemporary square'.
Lost opportunity: a beautiful roof terrace!
Honesty screams out here! Good episode!
How they go so far over budget defies belief. A lot of them are not very smart. Looking at a huge loss through over capitalising, over spending like there is no tomorrow and just putting into the house what they wanted rather than what prospective purchasers want. Then there is their expectation of what they will get for it. First thing speak to an agent then buy appropriately in a half decent area then redevelop to what people want.
I wonder if Craig and Tina are still together? All they seem to do is argue
Yeah, seems like a lot of passive aggression on her part, like she's getting at her husband on film, on purpose.
Tina is reckless
Art-deco house is beautiful. Surprised it’s not popular.
”I think we would be daft ignoring advice like that from someone who clearly knows what they’re doing”. Exactly! If only more of the ppl on these shows would reason like that
The most wonderful thing about Sarah and Graham is that they totally don't give a f..k. Gotta love it!))
Have y ou noticed that these programmes never contain any out and out failures? Everyone seems to make money. The fact is that as a property investor myself, I see countless failures around me all the time, including examples of inexperienced developers losing huge sums of money and sometimes being ruined. Developing single properties like this will not make you money beyond what you might gain simply because the market's rising. Just holding the asset will bag you 10% in a good year. The rest is at best a waste of time and could lead to your ruin.
Watch season 7 for failures, after the market crash of 09 they all lost money or just broke even.
Having to move in after putting development costs on a credit card isn’t a “win” in my book. They will be paying a mortgage plus massive credit card bills with accrued interest as it was 0% for seven months. And he has to live in it with her!
You clearly didn’t finish the episode, the Art Deco couple made a massive loss which forced them to move in till the market picks up paying a very high mortgage, which could keep them there for some years.
@@MrsEJV the couple with the zero interest credit card sold their home fast which meant there was no interest.
This Tina woman is extremely annoying!!!!
Really annoying, her husband needs to call the police because I think someone stole his balls 😨
@@goingbacktocable7777 😂😂😂😂😂
I hope Sara sued the person who cut & highlighted her hair 😱
What!
Sarah what happened to your beautiful hair ? 😢
GBP 17000 to restore 17 windows. I'm setting up a bizness tmrw restoring windows !!!
Here, the 17 windows would cost GBP 4000 maximum to restore whereas it probably only cost these builders 4000 to make new ones and sell them on for a hefty 17000.
I have worked with glass and metal and have contacts that can do it for me also. Believe me, 4000 quid is the COST, the rest is profit - and at 17'000 quid its a rip off, it should be nearer 7000 to 8000 and thats still expensive with a 100% profit margin !
Dismantling them 3 days work - hand cleaning/preparing them for sandblasting and paint 1 days work - sandblasting and paint 1 days work - inserting the glass 2 days work - putting windows back into the house 2 days work.
Lets say 2 weeks work to leave some time for the proverbial tea breaks.
Thats 10 days work. The rest is divided up between:
Sandblasting, putty & paint.
That does not add upto 17'000.- quid my friend.
How much does the average worker make per day ? double that for the company x 10and thats your labour costs.
That leaves you with installing the glass and puttying and some paint to make up for the rest + profit margin.
Do the sum backwards and determine the gross profit margin.
17'000 quid total is a rip-off.
PS: I spelt bizness wrong on purpose by the way.
I still loved the way the Art Deco house turned out. I loved the fireplace - even the square toilet. They did a great job on all the details. Who cares if they took a big loss!
I loved the Art Deco but you have to keep within your budget.
2:26, WOA!!!!! That’s the absolute worst hair. She just needs it cut in that unflattering long-pointy-on-the-sides-short-up-the-back to complete the whole sad look.
Her hair blunder makes it hard to concentrate on anything else 😱
Spending money is fun ,but Not on an Investment...you watch every cent.... that is not a option
I'm not a fan of Art Deco but think that the style should be honored. Amazing to me that other houses on the road were allowed to be changed in style from their Art Deco origins (pitched roofs put on etc.). Does that period not have protected (listed) status in the UK?
That art deco house would be $2 million or more in Denver these days.
That house was hardly art deco. Just a few hints with a couple of mirrors and a crap fireplace does not an art deco house make. What a disaster on every level.
The Art Deco House: something is seriously wrong with your thinking when someone tells you to cut your spending and you ignore them. I guess it's easy to spend someone else's money. You are not designing YOUR dream house. You are designing a house for others. Things should be neutral to appeal to more buyers. People squander opportunities. Where has intelligence gone?
At last they have a nice sqare sink and toilet! Ha Ha!
I like Sarah a lot. She's a very nice, tactful woman. I do think that she could use some help with her hair and clothes, though. But it's what inside that counts, isn't it?
This was ten years ago! Her style choices are pretty much in line with what I remember from fashion around that time.
Sexiest woman on british tv, open your eyes woman
@@juliandodwell8213 Since I'm not a Lesbian sexiness in women isn't something I notice.
@@emmatessier600 Thanks for the info.
@@happydays1336 we're all on a spectrum barbara ^_^
I'm not a lesbian either but I can't help but notice she's smokin.
Guarantee the Art Deco couple aren’t together. You can tell he resents her completely.
Those square toilets are not comfortable.
The art deco one was painful, the guy having to sell his car so his stupid wife can spend a fortune on unnecessary things for a house they weren't even going to live in.... Jesus.
Paul O'Sullivan I think you confused the two guys, lol.
That art deco wife is awful!
I'm in control .. I mean we are in control. Why do women act singular but speak plural. Tina just wants to buy pretty things and not focus on the big shit.
These programmes are highly irresponsible. Is this presenter, for example, a professional property investor herself? On what basis is she liberally dishing out advice to these people? It's their money, and it's a lot of money, so she should just keep quiet unless she really knows what she's talking about. Why not get some professionals involved? I find her getting on my nerves pretty much every time she opens her mouth. Then there's the pouting, the false soft voice and generally, the post-childbirth eroticism that she tries to portray - it's all so silly, all the whilst telling people who are putting their money where their mouths are how to spend their money. What does she know? Nothing. Mind you, I've never so many schmucks as you get on this programme.
Hey. Sarah Beeny is incredibly accomplished in this space, look up her bio :) definitely the right person to dish out advice. Cheers!
The Irony of this idiot's comment. He should probably do his research before opening his big mouth next time lol.
Astro logy exactly.. bloody moron
Everyone who has already replied is right about her experience, etc. I just wondered why no one had commented on Luke Dawson's weird & creepy comments about Sarah herself? 'the post-childbirth eroticism that she tries to portray.' Luke - that is entirely your silly & gross hangup. Sarah is a professional acting professionally (and she seems to try to do it with kindness as well). Would you ever comment like that if it were about a male presenter? You clearly have an issue with women. Work on that.
8352731 that struck me too. This Luke Dawson is seriously creepy.