Photo: Youtube screenshot
A UK-based auto-electrician may have found the perfect middle ground between cash-strapped homebuyer and frustrated renter. When Daniel Bond, 28, was turned down for a mortgage loan, he took matters into his own hands, transforming a 20-year-old double-decker bus into a luxury two-bedroom home on wheels, the Daily Mail reports.
The project took just four months to complete and cost about £11,000 overall (£3,000 for the bus itself and £8,000 for the renovations). The only thing he and his live-in girlfriend are renting is space for parking on a small plot outside Canterbury, Kent.
“We were desperate to move in together but house prices were just way too high and we did not want to waste our money renting someone else’s property,” Bonds said. “I am so glad we did it people thought it was a barmy idea at first but people have really come round to the idea.”
-Kitchen (complete with a fridge, sink and stove top)
-Full bath (the plumbing includes a 220 liter water tank)
With the average two-bedroom home in the UK setting buyers back a cool £200,000, Bond made off like a bandit with his scheme.
Per the Daily Mail, “Daniel hopes to buy his own plot of land and plans to turn a single story bus into a bar as his next projects.”
Bond’s not the only one getting creative in the face of a as-yet lackluster real estate market.
Glenn Morrissette, 42, told U.S News and World Report he lives well on only $11,000 per year by living out of his RV. Other homeowners have opted to take the tiny route, sinking less than $60,000 into pocket-sized homes that require little upkeep.