When considering investment potential,
unmodernised period properties provide an opportunity to add value.
"At Abbey Gardens, we transformed an
unmodernised building in a prime location into a vibrant business space that appeals to occupiers who are increasingly focused on sustainability and amenities that help attract and retain staff.
Euan Rollo, from Savills' Chiswick branch, said: "I've worked in [this business] for over a decade and I've never come across a home as
unmodernised as [the one in] Airedale Avenue.
Having run her family farm, Low Birk Hatt in Baldersdale, since the death of her parents and uncle when she was 35, Hannah lived a life of
unmodernised poverty and hardship.
A tough, resourceful upland farmer of the High Pennines in County Durham, she lived a life of poverty and hardship running the
unmodernised family farm in isolation following the death of her parents and uncle.
Speaking to theMirrorabout the property a year ago, James Robinson, general manager at Lurot Brand, said "This Little Venice mews house takes the description of 'being
unmodernised' to a whole new level."
Unmodernised homes often have a small lead pipe bringing the mains water in from the street, but a new mains pipe will be much bigger and made of plastic, so it won't fur up like lead can.
Unmodernised homes often have a small lead pipe bringing mains water in from the street but a new mains pipe will be much bigger and made of plastic, so it won't fur up like lead can.
Even if an
unmodernised property seems like a steal, remember that it may cost more to buy and renovate than somewhere that's more expensive to buy but needs less work.
PS900,000 "AN
unmodernised two bedroom fifth-floor apartment, with lift, river views, balcony and secure underground parking," that's how agents are selling this PS900,000 pad.
Mortgage lenders usually expect the property to be habitable and although it's perfectly possible to buy an
unmodernised property with a mortgage, lenders sometimes retain some of the money until essential repairs are done.
While Rightmove lists properties going for many millions - including one "
unmodernised" pad that can be yours for Au65mn, Adams said most super-prime properties would never appear in an estate agent's window.