I have always stayed away from fibro houses, because of asbestos and the possible cost of removal, but now I came across with the house with the bargain price, passed in mortgagee auction a week ago. The house is renovated inside with the newish kitchen and bathroom, polished floorboards and the internal paint is also good condition. It is perfectly rentable as it is and will be cash flow positive.
But it is fibro house and looks tired outside. Also roof (metal) needs either replacing or at least painted. The roof colour has faded. We have always done renos inside not outside, so all good ideas are welcomed...
How can fibro house be made nice and more modern looking outside? Do we need to take fibro out and e.g. Put hardy lank or weatherboards outside or are there some products that can be put straight over cement? Rendering maybe?
Can metal roof be repainted? Currently faded greenish colour looks almost grey.
The idea would be to rent it out for 12-18 months as it is and then renovate and sell or put granny flat on the back of the property (corner block) and keep renting both properties out and maybe later trying to subdivide the block and sell both.
But it is fibro house and looks tired outside. Also roof (metal) needs either replacing or at least painted. The roof colour has faded. We have always done renos inside not outside, so all good ideas are welcomed...
How can fibro house be made nice and more modern looking outside? Do we need to take fibro out and e.g. Put hardy lank or weatherboards outside or are there some products that can be put straight over cement? Rendering maybe?
Can metal roof be repainted? Currently faded greenish colour looks almost grey.
The idea would be to rent it out for 12-18 months as it is and then renovate and sell or put granny flat on the back of the property (corner block) and keep renting both properties out and maybe later trying to subdivide the block and sell both.