Thinking of Moving? Here are some Great Ways to Add Value to your Home
The vast majority of homeowners in the UK tend to go through a few house sales to work their way gradually up the property ladder. They aim to eventually move into their dream home, so will want to look at ways to maximise the value of their present home when it is time to sell.
Here we have listed some of the most popular home improvements that owners undertake to help boost the value of their home, while at the same time helping to fully optimise the property and possibly even turning it into someone else’s dream home.
A cellar conversion
If your home has a cellar then you could be looking at adding up to 30% to the value of your home by performing a cellar conversion.
Cellars are by no means dark and creepy spaces only inhabited by house spiders and storage boxes. A modern cellar conversion can mean adding extra living or recreational space to a property and see the value rise accordingly.
Of all the home improvement measures you can take on, a cellar conversion could be one of the least complex projects to take on. For planning purposes, a cellar conversion is classed as a ‘change of use’, which means that you don’t need planning permission (unless you plan to make structural changes to a listed building).
Converting a house into flats
Converting a large house into flats can be a lucrative thing to do, especially in London or another large city where flats are in high demand. If you plan to keep ownership and rent out the flats, this can be easier to do that selling the flats and you can profit on them greatly over the long term.
Flat conversions could see your overall property increase by up to 30 per cent, so if your main aim is to sell the flats on, you could use the extra cash to invest into another flat conversion project.
If your house has a garage, then it would make sense to convert this into living space too. This is a sensible move when you know that one garage will not be adequate to service the number of flats in the house.
A garage conversion will need to be checked out to ensure it is suitable for conversion. You may also need planning permission so check with your local planning authority.
Add a kitchen extension
A kitchen extension can add up to 15 per cent extra value to your property. A lot of younger couples like to have a kitchen-diner style design, so you could look at combining the kitchen and dining room in an older style home.
If your property has a side entrance that runs adjacent to your kitchen then extending the kitchen sideways will add extra valuable space to the house and allow you to improve the whole layout of your ground floor.
For a single-storey side-return kitchen extension, it may be classed as a permitted development depending on whether your extension plans meet certain conditions and limits.
You will need to comply with current building regulations of course and your work will need to be inspected at specific key points of your build. This will need to be done by either an approved inspector or by your local authority building department.
Add a loft conversion
Quite often loft spaces are quite neglected and consigned as a dumping ground for your household clutter. However, you could add up to 15 per cent to the value of your home by adding a loft conversion.
An extra bedroom with an en suite bathroom will make the best use of the available space. Most loft spaces can be converted, but it is worth checking with a local builder or architect first to make sure there are no hidden problems.
No matter what steps you take to help improve your home, you can get an instant online valuation for your home from Leysbrook. Or if you prefer to contact us directly, why not give our friendly team a call on 01462 419329 or email us: firstname.lastname@example.org