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Thanks SOP! Thanks Propertunity, especially for that link. That was really helpful and I feel it is best to focus my calculations on a basic cosmetic renovation to save time, hassle and money.

Hi Guys, I really appreciate any suggestions that you can offer me, as I am considering doing my first ever renovation. We have found a property that ticks most of the boxes. It is a unit, single level, red brick, one of four. 2BR. In fantastic location. It has a big yard which we want to...