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Will a £55,000 loft conversion add the same amount to our property?


It would give our £325,000 house another bedroom and bathroom, and we plan to move in four yearsQ We are planning a hip-to-gable loft conversion (which will cost us about £55,000) to give us another bedroom and bathroom. The house is currently valued at £325,000. We plan to move out of the area in four years’ time for school catchment area purposes.Do you think the £55,000 investment will be repaid in that time or – to put it another way – is it reasonable to assume that the cost of the extra bedroom and bathroom will add the same amount to the value of the property? The house is currently a three-bedroom 1930s semi.GB Continue reading…

Source : theguardian.com
Read more…Will a £55,000 loft conversion add the same amount to our property?

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