Loft Conversions Wimbledon

Loft conversion experts in Wimbledon.

Loft Conversion: Wimbledon Residents’ Most Profitable Home Extension Option

Wimbledon is a great place to spend your summer if you’re into tennis, especially since it’s around the time when the Wimbledon Tennis Championships are on. Well, forget simply staying or visiting that London district for summer or during tennis events. Fact is that Wimbledon is an excellent place to spend a whole chunk of your life in.

Why is it so, you say? Well Wimbledon is not just your typical London suburbia. It takes pride on two things. The first and most obvious would be the aforementioned Wimbledon Tennis Championship and the renown and recognition among sports fanatics it brought the district. The second is Wimbledon’s historic value. You see, the place has been inhabited since the Iron Age. The original settlement gradually evolved and eventually survived as “the village”, which is currently a premium residential sector notable for its antique Medieval houses.

Wimbledon has more than Tennis and History to be Proud Of

If you’re into real estate, then you probably have already figured out what this means. If not, then here’s the catch: the tennis events plus the district’s historic value increases Wimbledon’s land value, that is, the price for every square inch of land. Naturally, homes built in the district end up a lot more expensive than the price it cost the homeowner to build it.

Undertake Loft Conversion to Increase Your Property Value

If you are a resident of Wimbledon, it is very advisable for you to take advantage of this by further increasing your residential property’s worth. How to do so is quite an easy question that can be so easily answered by these two words – loft conversion, Wimbledon residents’ arguably best and most affordable option to improve their homes’ value as well as their already above average living conditions.

How Attic Conversion Increases Your House’s Worth

So what does loft conversion do to your home such that your real estate’s net worth gets an increase? The sole reason for that is that it increases the functionality of your home. Other home extension methods do likewise, so how can this be so different? These other methods, such as single storey extensions can be said as “justified”. A new adjoined structure was built and you just made your house occupy a bit more land, so it’s just natural for it to get additional functionality and a price increase.

On the other hand, you almost leave your home as is in loft conversion. You don’t expand it nor give it drastically noticeable changes yet you get similar effect as single or multiple storey extensions. You simply set your attic up as a new livable floor, without much masonry and carpentry going on. That should also mean that your house gets more use for what little land area it occupies. It is so economic and efficient, and real property appraisers love just that. In fact, with loft conversion, Wimbledon homes’ values can rise up by around 20% or a whole lot more.

Loft conversion may sound like mere luxury to some who don’t need extra living space. However, it is not simply so. With loft conversion, Wimbledon residents can actually find themselves reaping the benefits in the long run with the corresponding increase in property value. Money well-spent indeed.

3 Questions about Loft Conversion that Wimbledon Homeowners should First Ask

Described in the simplest sense, Wimbledon is one wealthy suburb – only upper middle class and high wealth residents can afford a spot in it, the value of which is higher than usual, thanks to the annual Wimbledon Tennis Championship, as well as attractions like the Wimbledon Commons and old home dating from the Middle Ages. Aside from these, it has the same features you’d expect from the typical suburban district – barely any multi-storey apartment buildings and numerous detached single family houses. This is a good thing, as most Wimbledon residents have full control of their homes, how it may look like, and how it shall be used.

Wimbledon Residents should Have Their Lofts Converted

Granted, they can even have their homes undertake loft conversion. Wimbledon residents are, in fact recommended to do so. Not only is it more affordable than the more time-consuming single and multiple storey extensions, but it also raises the overall value of your home by more or less 20%. Many people are afraid to convert their attics because the costs can go up to a hundred thousand pounds, but the long-term financial benefits more than make up for it.

3 Considerations before Doing Loft Conversion

It’s not a secret however, that not every home can undergo loft conversion – Wimbledon residents most especially should be aware of this fact. There are many things to consider before having your loft converted. We’ve listed the most important concerns below to help you out.

  1. Does the law allow loft conversion for your home?

    Before converting your attic, you’ll first have to know if your home can be converted legally. This isn’t the hard part though, as building control officers are tasked to do the job for you. These officers approve if your attic passes the regulations and can help you out if it is found wanting. At worst however, they can simply tell you to call off your plans if your attic’s dimensions just can’t be adjusted to comply with the law.

  2. Are there structural impediments in the way?

    Roof supports are the most common obstacles in roof conversion. Trusses in particular – given the fact that the truss’ strength is reduced when cut through – makes conversion almost impossible. If this is the case you may either employ professional help, replace your roof or maybe just scrap the project altogether.

  3. Do you have the budget?

    This is almost out of the question for those living in Wimbledon. However, it is still an important part of every assessment to figure out whether or not it is possible to convert your loft. The costs for any conversion project go beyond the materials. You’ll have to pay for the building inspections and all the professional help you will need.

The prospect of increasing your home’s value through loft conversion is quite attractive. However, it should be understood that plenty of assessment is necessary before delving into this sort of home extension project, and that you might end up unable to do it at all.