Repairing a water damaged floor
I am doing some renovating on my house. One of the first jobs to tackle will be the floor in the ensuite. It's chipboard flooring sheets with vinyl straight over the top. We've pulled the vinyl up and the chipboard underneath is pretty ordinary. There is (well, was...) a bath in the room and there have been plenty of overflows, I think, as the floor is badly stained, smells ATROCIOUS, and the chipboard has swollen about 5mm at the edges of the boards, leaving the floor rather warped. I'd ideally like to just replace it all, however the walls are all sitting on top of the floor, so replacing it may be kind of difficult without dismantling half of the house. I was thinking of:
1 - Cutting the flooring at the joists nearest to the walls and just replacing the main part in the centre (the edges aren't too bad).
or
2 - Using a belt sander to sand down the edges of the boards to roughly level the floor, give the whole thing a good sand-over, and then cover it all with masonite and leave it at that. The trouble is, I'm likely to die from the mouldy dust! I finished up wheezing and choking last time when we simply lifted the vinyl and swept the floor, let alone SANDING it! Still, there's always gas masks...
Does anyone have any suggestions as to the best way to go. I'm trying to do this as economically as possible.