Buying property at auction can be thrilling. The speed, the competition, the potential bargains – it’s all very exciting. But once the hammer drops and the keys are in your hand, reality kicks in. That “bargain” often needs a serious amount of work before it’s livable, rentable, or resellable.
I learned this the hard way after picking up a two-bed terrace at a local auction. On paper, it looked like a light fixer-upper. In practice? Damp, outdated wiring, dodgy plumbing, and a garden that hadn’t seen daylight in years.
The Hidden Costs of Renovation
Everyone budgets for a new kitchen or bathroom. But nobody really talks about the costs of the boring (but necessary) stuff — like line marking your new driveway, fencing off unsafe areas, or sourcing temporary signage during works. These little extras add up quickly.
That’s where companies like Ready Set Supplied come in. They’re one of those practical suppliers you don’t know you need until you’re knee-deep in renovation chaos. Whether you’re marking parking bays, setting up barriers, or needing safety gear, they’ve got the kind of kit that keeps your project moving and compliant.
Renovating for Rent or Resale?
If you’re planning to flip or rent the property out, presentation is everything. It’s not just about fresh paint — people want to see a space that’s safe, accessible, and ready to use. Even simple things like clearly marked access areas or a neat, lined driveway make a difference during viewings.
And if you’re managing multiple trades on-site, having the right safety and traffic control products helps keep everything running smoothly. I learned to stop cutting corners on that stuff — it always costs more later.
Lessons Learned
- Always add 20–30% on top of your budget for the unexpected.
- Don’t skimp on temporary works — safety and site organisation are non-negotiable.
- Have suppliers lined up who can deliver quickly (especially the ones who stock the stuff you didn’t realise you needed — again, Ready set supplied was a lifesaver for me).
- Expect delays, expect mess, and expect to question your life choices at least once.
Final Thoughts
Buying property at auction can still be a great move, but it’s not just about finding a deal. It’s about being ready for the reality of renovation. Do your homework, get your support network in place, and don’t underestimate the value of practical suppliers who actually understand the work on the ground.