I BOUGHT A PAIR OF CHEAP GARAGES
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- Опубліковано 31 гру 2022
- Today you join me on a tour of a cheap pair of garages that I have just bought. I'm not entirely sure what I'm going to do with it next.
Thank you for watching. I would greatly appreciate a thumbs up if you enjoyed it and don't forget to subscribe for plenty more videos to come.
#property #propertydevelopmentuk #propertydevelopment #housetour #fixerupper #homerenovation #houserenovation #buytolet
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Whatever you think the project will cost, it will cost more and however long you expect it take, it will take longer. Whatever you think is easy to achieve will not be as straightforward as you first thought. Apart from these minor issues it will be a breeze. Enjoy the ride !
He's been doing this for decades
It looks like there's a fairly substantial level difference between your plot and your neighbour on the right (looking in from the street). For a 2 storey house, I think the founds / retaining wall requirements would end up being pretty significant and 'unusual' groundworks are usually slower and more costly than anticipated. Speaking as an architect, I'd personally try and get planning for a house of some sort and punt it on, the costs on this one could increase rapidly and unexpectedly but good luck either way.
Speaking as a structural Waterproofing surveyor, this would be a relatively straight forward waterproofing system. Making use of natural drainage so therefore reducing the cost of a sump/pump
"Quite a quiet spot" - next to a train line....
Me too, a Man of My word.
This should be a very interesting one, looking forward to seeing how this progresses regardless of which of the options you end up going with. Good luck with whichever route you take.
Looking forward to seeing how all this pans out and where it goes, excellent stuff 👍
Really enjoying this content, please keep us up to date.
I admire your entrepreneurial spirit, Matt. This is something that would send me running in the opposite direction! The very best of luck to you.
Thanks!
The Estate agent must have seen Matt coming from a long way away.
@@gambrydew2059 I can never understand people like you who make such comments. I guess that’s a good thing.
Matt and his business partner are going to need it.
@@highpeakproperty from his various comments to this vid, guessing he's a local and opposed to your proposed plans to build?
Good purchase - well done and thank you for vlogging it all 👍👍
Great purchase. Build a cottage definitely. Look forward to the build. 👍👍👍😊
Congrats Matt. I take my hat of to you. No one knows for certain how any project will turn out, but you have to be in it to win it and it's a thought about, calculated risk. Nice one👍
I'd submit plans for a coach house. That way you could bring the property closer to the road (approx 4m driveway), you'd get a private garden at the back away from traffic, safer for a family with small kids and two single garages below the 2-3 bed property. As living space would be on the first floor, you'd also be able to make the most of the views.
Hey, what fun! Potentially, a great project and good luck with it!
Good luck Matt. I'm enjoying your property journey 😉
You are just an amazing man. I love your honesty and the way you present yourself. 👌
Thank you so much 😀
Happy new year here’s to more vids like this
Thanks! There should be a lot more this year as all the projects progress
Just love the honesty in these videos….. and the inexperience on display. Something very charming and lovely about the optimism being thrown at a slightly undesirable turn of events. I believe you will succeed. Happy New Year.
Thank you very much!
Like others have said the levels between properties will add to build costs even if you used a raft foundation, fair play for having a go
Well done!
Oh dear... good luck!
Good luck my friend, Keep us posted.
Thanks! Will do!
Good man Matt .... Always forward thinking......Best of luck with all your endeavours....you keep making the videos. .And I ll enjoy watching them....Thumbs up emogi.......
Very interesting. Look forward to more on this one Matt. Good luck.
Thanks!
Love it. Ballsy move, i'd be way too scared to take on something like this, so please keep us updated on how it's going
Love it keep up the videos
Good luck matt you will get this project sorted you clever man 😊
really interesting project
Wishing you all the very best. Looking forward to seeing how you get on.
Thank you!
Ohhh , this will be interesting
🏡🏡🏡🏡🏡🏡🏡 Good luck Matt. Diversity can reveal Opportunity's.
Just be aware of any time you have to deal with Network Rail re the boundary to the railway side. They honestly work in another galaxy where time itself doesn’t exist. Apart from that it looks like an interesting project. Building cost will be approximately £1600 - £2300 per square metre.
that was my initial thought Bob
Agree - I wanted to buy a plot of NR land behind my house to develop it with 2 houses and they weren't interested due to its small size/other priorities - they were quite rude.
Just a thought but if the planning officers are reticent then perhaps a building in the style mirroring the old rail building next to it would improve the chances + add some more character and uniqueness. As always, commending your ventures and look forward to seeing whatever you do with it!!
Good luck with the project.
I am sure somebody has said this to you before but you have a very good voice and tone for things like this. It’s very engaging and friendly, and also not big headed how many people on UA-cam sound. It’s refreshing.
Wow, thank you!
Happy New Year! Amazing project, keep us posted!
Thank you! Will do!
Love your work 👍
Matt, I love the way you are thinking. That's the way! I am an entrepreneur myself. I can see myself in your thinking. Bravo! Kisses and happy new year from Moscow.
Thanks! Happy new year
Another great video, Matt, loving the content, as ever. If I can make some suggestions; 1. speak to a local planning consultant, they should be able to give you a fair idea of what the council will say but will likely require plans first. 2. Get surveys/ searches done, ie ground conditions, utilities, soil sample etc. most risk is in the ground. 3.Pay for a quantity surveyor to help with drafting the contract with the builder and also help you tender for the building work if/when you get there. Yes these are extra costs but they help make sure that overall project costs don’t run away with you.
Theres a lot to consider which is why I'm staying open minded about what we do with it. I'm really not fussed which avenue we go down
Good advise, Lucky you are , living in a country where there are such systrms, like consultant for council planning, surveyor for ground and utilies, surveyor to help with contracting of the project. You can also use these even before you buy the land to see if the project is worth doing. Where as where I live first you have to deal with corrupt local council people to agree on a bribe to get permission to buid. The rest you have to do it by yourself. İn the end you may still not get the building permit.
A 2 bed stone detached cottage with off street parking in high peak area . I think your estimate of sale price is a little low Matt. Hopefully building permission should be approved as the site is not green field and your not demolishing a listed building. Noticed other stone houses in the area so going for a stone option is good . If the views at second floor level are magic then maybe a upside down property might be the way forward as we only use bedrooms at night and for sleeping. Had a upside down house with open plan living on the first floor but we did have master bedroom upstairs. Never looked at views from bedroom but living area looked out to the Pacific Ocean. Had a balcony so could sit out and enjoy the view. Anyway I’m sure you have all angles covered. Look forward to more videos.
Enjoying your new property channel Matt!hope you keep going with the videos👍
Thanks! Will do!
I'm looking forward to going on the journey with you
Thanks for watching
Good luck with the planning, interesting project, and like you say you will add value to the area with a nice cottage instead of a garage which will surely get backing from the local residents.
Hope to see some updates on this project and all other projects on this channel. Best of luck and a happy new year!
They're coming soon. Everything is taking longer than expected
Love the B-roll in this video Matt.
Thanks!
Great video Matt, if the garage has to come down, i would definitely recommend advertising it for sale as some one will buy it and get them to dismantle it and take it away , its a win win no demolition or skip costs and a couple of quid in your back pocket.
Yes definitely
Hi Matt, hope you are well. I think £80k is on the low side. People pay that for an extention on an existing dwelling theses days. More like £150k to build a new build... Hope you can prove me wrong. Good luck.
Yes definitely mate. My mate just paid £68.000 for a loft conversion with en suite. £80000 is a little low. If there isnt any utilities, Power, drainage, water supplies, it all adds up.
Sunny F ness vale hope you like trains and traffic due to level crossing, think this site used to be a small haulage yard in the 1980s when we lived there. Good luck with the planning😀😀😀
Matt, I’ve got to say your vids are like ASMR, love the car vids but this adds an extra side and I like it, keep it up mate
Very good buy.
Thanks! I thought it had some potential
No holding you back Matt . All the best for this project wish you the best Les
Thanks!
Oakwood garden rooms is a great shout
One word of advice, especially since covid - contingency. Good luck, Matt 👍
Little advice, when you have that amount of greenery, get a grab lorry not a skip, it's much cheaper, also building a house in that location with the tree's getting planning could be fun, ontop of that if planning is approved you're looking at 2.5m deep by 450mm footings
Wow, this type of project is right up my street! A very good deal/investment there.
I thought it had some potential. Its nice to have that confirmed
Happy New Year Matt, what a great idea, fingers crossed for planning, 🤞
Lovin this! well done Matt :-)
Thanks!
great video this really off the charts
Wow you just keep impressing me matey. Great find and amazing entrepreneurism.
Thanks 👍
I almost bought a piece of land thirty odd years ago that would have fitted six to eight garages on in the middle of terraced housing.
Always kicked myself for not going ahead.
Very interesting Matt, really like your business mindset. Happy New Year to you. All the best for 2023.👍👍👍
❤ your channels thank you 🙏
Cheers!
Hey Matt, love the new channel. Been watching your car channel since the beginning, and it’s cool to see you branching out into property. Keep up the good work!
I appreciate that!
Hi from Italy. I admire your mental strenght. Happy new year
Thanks!
Quiet spot next to a rail crossing 😂
This should be interesting! I look forward to seeing how it develops.
Thanks!
Matt hasn't refurbished and sold the other properties yet before he's buying new one's, I think Matt needs to slow down abit.
@Gambry Dew Well you're entitled to your opinion, but I'm sure Matt knows his limitations, and already has a successful car dealership under his belt. Nobody ever got anything done by sitting on their backside, or taking a few risks.
I admire Matt for his intrepid spirit, and his desire to branch out. I wish I'd done the same when I had cash to spare, and youth on my side.
Keep it up Matt, but just be cautious about what you buy, and who you deal with.
Great video 👍
The cottage is the best idea , and the best income ..
Looks like a good plot for a small coach house. Double garage on the ground floor, and a 1 or 2 story house on top.
Brilliant video Matt. Exciting project. Can't wait how's it going to turn out. I'm pretty sure that you know what you doing like you do with everything you do. UA-cam business = success used cars trade business = success and now property development business =success. 👍👍👍👍
Thanks!
Great vid. Lots of projects on the go, you must be leveraged!
Thanks! I just like being productive
Hi Matt, if it was me, I would get planning passed and sell it on to a builder. Quicker return and less hassle.
Sounds like this should work Matt, good luck and look forward to hearing how it goes..
Happy New Year too..
Happy new year! I hope so
In theory it should work but there's bound to be alot of obstacles in way, hope the local council and resident committee don't derail his plan.
Matt ....even the existing concrete sectional buildings can be sold. Somebody will want them and even be prepared to dismantle and move themselves. It all helps with the cash flow ! Good luck Pal.
Go for it Matt 😍😍
Thanks!
good luck,,,,,, brian d.
Thanks 👍
Knock the garages down and put a wooden chalet up, hot tub round the back etc and rent it as a luxury holiday let.
nice video
good luck with planning :)
Looking forward to an update on the last one you bought (with the window bars)
I'm very eager to see the update too.
Good luck!
Thanks!
Hi Matt good video
You may be better off getting outline planning for a dwelling and move it on
This would keep architects fees to a minimum and leave garages in place
Cost could start to increase with ground works also being near the railway you could end up sinking 30 to 50% of build costs in the ground
Go carefully
Hi Matt, Happy New Year to you. Good luck with this project.
Dear Sir !! ............Well Done ...........Look forward To See what happens !! AnyWay ......GodBless & Happy New Year
Happy new year!
I really do wish you good luck, I walk past there often with the dog down from Chinley and Peak Planning are a nightmare, they are known for being very very difficult. I had my own nightmare with them just over garage planning permission and that was using a local architect that knows them. but nothing compared to my neighbour who has done something similar to what you have described it has taken him over 5 years of constant meetings and many many many revisions of plans to finally get planning permission that he is now building. If you speak to any local builders I am sure they will tell you how difficult they can be.
What ever you do i think you will do well. Seems a nice area also
This would suit a self-builder on a budget. I'd get the outline planning, clear the site completely, and then sell it. The profit margin sounds tiny relative to the time and energy spent to get it if you do the whole thing to completion. There's a lot to be said for a quick in and out which doesn't take too much time and energy to get it.
Parking for station/canal ? Pocket money on plot whilst retaining options.
Out line planning permission for house/shop/unit and sell plot,minimal investment quicker return,move money into another project would be my choice.
Build house,not enough profit after unexpected costs and fees ?to just sell
Keep house and rent it out.
Good luck Matt.
Build shop on ground floor and flat above
Nice Matt, I’m going to pay you a visit when I’m next up in Manchester 🍺🍺👍👍
Should be an interesting watch. I know the area, would just consider retaining walls due to the level changes. Hopefully the neighbouring railway won’t cause a problem. Good luck should be an interesting journey.
I think you're right. I quite liked the idea of the railway - it isnt a busy line so I thought it added a bit of character
An interesting and bold move, in true High Peak Property style. Before I go further, a big thank you for your property related videos in 2022 and Happy New Year 😊
About the plans, certainly an improvement for the local area. Maybe for inspiration and your consideration, I always like the look of the vintage American catalogue
homes. You could literally buy a kit house from the catalogue. If you type in Sears, Roebuck vintage catalogue homes you'll easily find what I mean. Hope this is of
good use and even possibly, inspiration to you. Very much looking forward to the project updates 👍
Thank you once again, cool developments!
Thats definitely worth looking into. Happy new year! Thanks for watching
When I saw the plot Matt bought for 44K I had to laugh, the only reason why the Estate Agent phoned him up after all those months is because no one else was interested in buying the land.
So excited about this project, show us how it comes along!
Will do!
You know your market and know how to make money i can see this being a good investment happy new year
Good spec @44k you cannot go wrong well done
Good luck.
Thanks!
Would love to see a build series on this if it goes ahead!
Yeah, that would be a good idea actually! Weekly progress installments, or maybe a timelapse video.
Blimey you can turn your hand to anything.....well done you
holiday digs aswell
Good luck and just ignore those who try to put you down.
Thanks! Everyone is an expert these days
Sites like that on the main line into Stockport/Manchester are great places for train commuting. Furness Vale is a nice place to live.
Good potential Matt, something I’ve done is to flip the site through auction once you have the planning permission, you’ll be surprised how often self builders over pay, I recently did this on a burnt out unit I bought for £49k and it sold for £96k, pretty close to the potential profit of doing the development. Look forward to seeing some of your projects completed soon, good luck and keep the videos coming.
Good idea
That is a great idea, no build cost or hassle.
@@tomatobrush3283 build costs are challenging right now, single builds can’t benefit from scale and I’ve had my fingers burnt a few times with additional costs. If you are lucky enough to find a self builder or get a couple of people in battle at auction the results can be good to breathtaking. Also market is softening so there’s risk the end value/ resale could be lower in 12/18 months time.
@@markkingproperties2237 Really good points Mark. Its funny what people think is achievable after watching homes under the hammer!
Don't build a stone cottage Matt. Find a company in eastern Europe that builds timber framed or modular factory built homes and is willing to ship and build in the UK, here in Bulgaria I can think of at least two. The build cost here is about £600m2 to turnkey, but will probably creep up to £1000 by the time it gets done in UK. I know of Bulgarian people in the UK and also Germany and France that ordered their houses that way, and saved massive amounts, of course brexit makes it the whole exercise much more complicated. The houses are bespoke, so can be built to UK building regs, but far exceed the current insulation required in the UK.
This is what I want to get into I been sat on the machines for donkey's watching houses go up