Will it boost the value of my property?
This kind of project, says Parrott, could add around £150,000 to the value of a property in Oxford, making it a sensible investment. “Unlike ground-up extensions, loft conversions often offer a more cost-effective option, repurposing existing space rather than involving new structural elements,” he says.
Parrott’s only words of caution to owners of smaller homes looking at extending into the loft is not to forget about storage space – few buyers will want a four-bedroom house with not enough space for their family possessions so think about built-in cabinetry wherever you can.
How long will it take?
Around five months.
Stress levels
Medium. Work will be contained to just the upper floor, leaving your living space reasonably unaffected, although there will be noise to contend with.
Should I go for it?
If your house is small – think two bedrooms and a box room – then Peett thinks the answer is yes. Not only will it give you extra space, but will widen your pool of potential buyers when you can…