I'm selling an ex local authority house that is in need of redecoration and rewiring. It is fine for living in, just old fashioned and tired looking. The road and general area has a ceiling price at the lowest end of the market. This work costs the same whether selling an expensive or cheap house and in this case would cost approximately 5% of the sale price of the house. Is it worth it? It is already the cheapest house in the area for sale, at 10% less than its nearest comparable which is in better condition. I don't live near it so can't get the time to do the work myself. If the work is completed can the cost be used against any capital gain?