Loft Conversions – Why They Are Practical Investments
In most homes, attics are simply storage rooms. However, the increase in housing costs, especially within urban areas, is compelling many homeowners and entrepreneurs to have their attics converted by a builder Guildford into more habitable spaces called lofts.
· Rather than purchasing a new home because you lack habitable space, you should have your existing attic converted into a loft instead. It’s a practical course of action that only costs a fraction of what you would spend for a new property. After all, with the base structures of your current home already there, it’s simply up to a builder Guildford to do the work for you.
· You can rent out converted attics. Many students, as well as couples who are still starting out, would be willing to pay to reside in studio-type flats, and having a loft can cater to that demand. Yes, lofts are often more affordable alternatives compared to traditional housing. If, however, you’re concerned about privacy, you can always ask your carpenter Guildford to build an exterior entrance for the loft. This way, your living area is completely separated from that of your tenants.
· Loft conversions tend to boost a home’s retail value. In fact, loft installations have the potential of increasing the market price of townhouses or homes to as much as 40%. Moreover, loft conversions with the help of a carpenter Guildford can be excellent opportunities for landlords to capitalize on their properties. With the rise in the costs of living in metropolitan regions, landlords can rebuild or renovate their existing housing to cater to more lodgers (as was mentioned).
· Lofts don’t cost too much to maintain, since it is constructed inside your home’s existing infrastructure. For one, electrical, plumbing, and heating utilities operate from the main residence, which means malfunctions or breakdowns usually do not occur within lofts.
· Lofts can be very energy efficient, since most pre-conversion attics already have some form of insulation. This means that when the climate gets cooler, heat from the bottom of the house will rise towards the top, which then gives the loft free heating. In most cases, winter doesn’t pose much of a problem for loft owners, so long as there’s some sort of heating system available in the lower floors.
With the pointers above, you may be starting to think of converting your attic into a loft. If that is the case, just be sure to partner with a reliable builder in Guildford to avoid having any issues later. Do ample research first and look at their previous loft conversion projects so that you will get a good feel of how they work. Lastly, transact only with a builder that has a great track record in the building industry within the years that they are doing business. Visit http://www.stoakconstruction.co.uk/