Cheapest renovation: cosmetic refresh
The cheapest renovation tier is a full cosmetic refresh: full redecoration (mist coat plus two top coats on walls and ceilings, gloss or eggshell on woodwork); replacement flooring (engineered laminate £25–£40/m² installed, mid-range carpet £35–£55/m²); modern light fittings and switch covers; new internal door handles (or new doors at £150–£400 each); replacement of any worn fittings (taps, shower head, basin sealants); deep clean and remedial work to existing finishes. No structural change, no MEP replacement, no kitchen or bathroom replacement. Cost £400–£800/m² in London. On a 100m² terrace: £40,000–£80,000. Ideal for a property that has been well-maintained but looks dated.
Where to save vs where not to
Worth saving on: paint (Dulux Trade or Crown Trade matches Farrow & Ball performance at a third the price); engineered wood floor (mid-range Karndean or Quick-Step matches premium oak appearance); internal doors (oak veneer Howdens range at £180 each looks similar to solid oak at £600); tile (porcelain copies of Italian stone at a quarter the price); kitchen carcasses (Howdens or IKEA at half the cost of premium ranges with comparable build quality). Not worth saving on: electrical work (use a registered electrician — building regs require certification); plumbing (water leaks are expensive); structural work (always use a qualified structural engineer); roofing (cheap roofs leak); insulation (the long-term energy savings repay premium spec quickly).
Cheap renovation pitfalls to avoid
Avoid these common cheap-renovation mistakes. (1) Skipping the survey — a £350 RICS condition report can identify issues that cost £15,000 to fix later. (2) DIY rewire — illegal without certification, will fail building control, will cause issues on sale and lender refusal. Use a registered electrician (NICEIC, NAPIT, ELECSA). (3) Cheap kitchen on bad infrastructure — fitting a £2,000 IKEA kitchen onto rotten floor or wet wall is throwing money away; resolve the substrate first. (4) Painting over damp — damp will come back through any paint. Treat the cause first (ventilation, gutters, missing damp proof course). (5) Single tradesman doing everything — generalist tradesmen rarely deliver good results across plumbing, electrics, plastering, joinery. Use specialists for each trade.
