meta_pixel
Tapesearch Logo
Log in
The Property Podcast

ASK303: I've inherited a house! What do I do with it? PLUS: How should I use the time while waiting for completion?

The Property Podcast

Rob Bence & Rob Dix

News, Investing, Education, Business, Business News

4.8 • 2K Ratings

🗓️ 21 September 2021

⏱️ 8 minutes

🧾️ Download transcript

Summary

It’s Tuesday, and that means Rob & Rob are back with two more listener questions.  And this week, we’ve got a couple of tough ones.  First up is Paul from London.  Paul has recently inherited a three-bedroom property in Hull and is wondering what he should do with it.   It’s the only property he owns, and he wants to know whether he should sell it as it is or renovate it first.  The second question is from Julian.  Julian is planning on releasing some equity from his first property and is planning how he can best use his time.  With the conveyancing process being six weeks long on average, he wants to make sure he’s being productive and maximising his preparation.  Tune in to find out what Rob & Rob think.  Do you have a buy-to-let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).   Or if you prefer, click here to leave a recording via your computer instead.  The next question on Ask Rob & Rob could be yours.   Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So, get yourself over and introduce yourself.  See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob and I'm Rob and this is Ask Rob and Rob.

0:08.1

Welcome to Ask Rob and Rob.

0:09.3

Yes, it is a Tuesday and that means we're here to answer two questions on behalf of

0:13.6

listeners.

0:14.6

Paul and Julian are doing the honors this week and they've got some tough questions.

0:17.9

Let's see how we get on.

0:19.0

But first, I'm sure you've got a tough question as well, so here's how to send it our way.

0:22.8

Yes, it's super simple.

0:24.2

You can call in and leave us a voicemail by calling 0138083035 or you can go to PropertyHub.net

0:32.7

forward slash Ask.

0:34.6

Super simple, leave us a message either way and you could get on the show, just like Paul

0:39.0

has.

0:40.0

I'm Paul based in London.

0:41.4

I've inherited a three bedroom semi in East Hill.

0:44.8

It's the only property I own.

0:46.3

It needs renovation for that being quoted 20,000 but find it hard to imagine costing less

0:51.8

than 40,000.

0:53.9

From state agents pre-locked down that houses value between 130 and 150,000 as is or 172,200,

1:01.7

1000 renovated.

1:02.7

I don't want to earn a property but I'm a little concerned about the unknowns involved

1:06.9

in my taking time out to supervise a renovation.

1:10.3

So given these few insights, I wonder what your take is on the proposition.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Rob Bence & Rob Dix, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Rob Bence & Rob Dix and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.