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I made £18k selling Homes Under the Hammer house 4 months after buying it

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I made £18k selling Homes Under the Hammer house 4 months after buying it
I made £18k selling Homes Under the Hammer house 4 months after buying it

A MUM has revealed how she sold her home, which appeared on Homes Under The Hammer, for an £18,000 profit just four months after buying it.

Nikki, from Crewe, Cheshire, appeared on the BBC show on January 31 and bought the three-bedroom property at auction for £215,000.

Mum-of-five Nikki appeared on the BBC show and bought the three-bedroom property for £215,000 qhiukiqriheprw
Mum-of-five Nikki appeared on the BBC show and bought the three-bedroom property for £215,000Credit: BBC
She sold it four months later for £235,000
She sold it four months later for £235,000Credit: BBC

The mum-of five initially planned to completely refurbish the whole place.

Her "little sidekick", youngest son Archie, was apparently excited to start "destroying walls" with sledgehammers.

She told the show's presenter Jacqui Joseph that she planned to redo the "out-dated" decor and add an extension to the back and a second one over the garage as a new bedroom.

I'm a property expert - my guess for the cheapest time to buy a home this yearI'm a property expert - my guess for the cheapest time to buy a home this year

Nikki's budget for the remodel was £40,000 and it was projected to take six months.

However, in the end, she decided to put it back on the market with very little work done.

When the Homes Under The Hammer team returned four months later, the only apparent changes were new furniture and new turf in the garden, which had been cleared of clutter.

Now, despite spending just £2,000 on renovating the semi-detached house, she sold it for £235,000.

With the costs taken into account, Nikki raked in a profit of £18,000, partly due to a spike in house prices around that time.

The property-mad mum is an old hand at this sort of project, having been buying and renovating homes since she built her own at 18.

By the time her eldest child was 12, she had already lived in a dozen different houses.

She said she now plans to teach Archie "everything I know" in the hope that he can "take over and carry on what I love".

This particular project, though, had a happy ending as she donated the furniture that she cleared out to a formerly-homeless woman moving into her first flat.

She had been planning to fully renovate the property
She had been planning to fully renovate the propertyCredit: BBC
In the end, she just got rid of the old furniture, cleared the garden and laid new turf
In the end, she just got rid of the old furniture, cleared the garden and laid new turfCredit: BBC
She spent just £2,000 on the refurb, ending up with a profit of £18,000
She spent just £2,000 on the refurb, ending up with a profit of £18,000Credit: BBC

Jacob Jaffa

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