Piano Restoring Questions

“I am looking for some advice on selling a piano”

It is a bechstein mahogany grand made in 1910.  I have recieved very different advice from a number of sources so would appriciate your take on it.
I need to sell the piano as i am moving to a smaller residence for a few years and do not wish to pay huge amounts for storage. Some people have advised me to pay for full restoration approx £7000 and told me i would then be able to sell it privately for approx £16000. Others have said it is not worth paying for restoration and to sell it in its current condition at auction for approx £3000.
Any advice would be great.
Yours,
Lydia

Reply/ Hi Lydia

If you plan on selling your piano, it is usually best to
sell it ‘as-is’.

Spending money in the hope of selling it for more is
generally not a good idea for the following reasons:

1) Even if your piano is fully re-conditioned, it will never
be as good as it was new. In most cases, re-conditioning
a piano ends up in a disappointment.

2) Spending £7000 on re-conditioning it will probably increase
the value by just a few thousand. You will more likely lose money.

Yours pianistically,
Graham Howard
UK Pianos