Updated October 2026 · Fraser Bond
Buying · Renovation
Buying a renovation project
Auctions& agents
Surveyfirst
Financebridging or refurb
Profitcalculator
In short: Renovation properties come up through estate agents, property auctions and probate sales, often priced below finished homes. The risk is in the unknowns: get a building survey, get quotes before you commit, and add a contingency. Homes without a working kitchen or bathroom may not be mortgageable, so you may need cash, bridging or refurbishment finance. Some renovations of homes empty for two years or more can qualify for a reduced VAT rate on building works. Fraser Bond helps buyers find projects and can value, let or sell them afterwards.
Renovation profit calculator
Total cost–
Profit before tax–
Return on cost–
Get a valuation of the finished home and builder's quotes.
Before you buy a project
How Fraser Bond can help
- Find renovation opportunities
- Valuation of the finished home
- Letting after works
- Selling the finished property
Frequently asked questions
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Browse every guide in The London Property Investor's Hub → · London area guides →
Handy tools
Stamp duty calculatorRental yield calculatorMove-in costsBTL deposit calculatorRefurb cost per m²
Development advice
Ask us about end values and letting new homes.
Get startedAsk us about end values and letting new homes.
Where can I find renovation properties?
Agents, auctions and probate sales.
Can I get a mortgage on a property that needs work?
Not always; bridging or refurbishment finance may be needed.
Is there VAT relief on renovating empty homes?
Some works on homes empty for two years or more may qualify for a reduced rate.
