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Reema Non Standard House Construction

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I'm getting slowly seduced by the price tag of a non standard build near us. Just wondering if anyone has any experience of Reema builds, and what sort of price they achieve compared to brick builds? This one is on the market at 62.5% of the selling cost of a comparable brick built house that sold earlier this year, so I'm wondering what % it would need to be to represent good value.

One problem - it is a semi, meaning that we couldn't knock it down and rebuild. But there is the possibility that in a few years time we could also buy the one next door and knock them both down.

At the moment I'm starting to wonder whether it's a way of investing half of our capital, putting a (albeit non standard) roof over our heads while all this chaos plays out, and potentially having a nice building plot, with limited downside risk. I'm sure plenty of others have gone down this avenue of though before me, so any opinions would be much appreciated.

Edited by Fully Detached

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A few things,

Location, well that's obvious, you can find hundreds of these type of houses in old coalfield areas, NCB built estates and villages for miners and also those affected by subsidence. Beware of these because they may themselves suffer from subsidence.

You may not be getting a nice neighbourhood, plenty of these houses where brought by BTL'ers all over the country because they were cheap to buy and they thought they could get a better return.

The ones called "Cornish Miners Houses" are a lethal death trap if they catch fire, I saw one go up in Newcastle under Lyme, the occupier was very lucky to get out! (its the speed of how the whole house just literally goes up).

They often have asbestos in the walls.

If you can get two in a nice village or standalone then go for a total rebuild.

Edited by Hectors House

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A few things,

Location, well that's obvious, you can find hundreds of these type of houses in old coalfield areas, NCB built estates and villages for miners and also those affected by subsidence. Beware of these because they may themselves suffer from subsidence.

You may not be getting a nice neighbourhood, plenty of these houses where brought by BTL'ers all over the country because they were cheap to buy and they thought they could get a better return.

The ones called "Cornish Miners Houses" are a lethal death trap if they catch fire, I saw one go up in Newcastle under Lyme, the occupier was very lucky to get out! (its the speed of how the whole house just literally goes up).

They often have asbestos in the walls.

If you can get two in a nice village or standalone then go for a total rebuild.

Thanks, that's interesting. I did wonder about asbestos, but didn't know about the fire aspect.

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Just because its a semi and a pre-fab, doesnt necessarily mean you cant knock it down and build a new one.

The one in this planning application, an Airey type prefab semi was knocked down, the other pre-fab semi retained (now as a detached house, obviously) and a regular brick and block detached built next door. Having driven past I can confirm both the old semi and new home are still standing and habitable!

http://anitepa.eastcambs.gov.uk/AnitePublicDocs/00032080.pdf

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Just because its a semi and a pre-fab, doesnt necessarily mean you cant knock it down and build a new one.

The one in this planning application, an Airey type prefab semi was knocked down, the other pre-fab semi retained (now as a detached house, obviously) and a regular brick and block detached built next door. Having driven past I can confirm both the old semi and new home are still standing and habitable!

http://anitepa.eastcambs.gov.uk/AnitePublicDocs/00032080.pdf

Hmm, thanks - I hadn't thought of that. There are a couple of other issues now coming to light but I'm not writing it off just yet.

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