Wimbledon is one of London’s many districts, lying some 20 kilometers from city center. It is bordered by Wandsworth at the north and Kingston upon Thames at the west. The district is well known to tennis fans and sports enthusiasts as the host of the annual Wimbledon Tennis Championship. This and that it has one of the largest common land in Greater London made it a rather significant part of the city.
It is no secret that Wimbledon is one of the most affluent London suburbs. The district’s land value is high and, naturally, so is that of the real property. This is most especially true in the historic “village” section, home to premium residences that date back to the Medieval period, but is also relevant in the modern “town” section, wherein the real estate prices are driven up by the district’s growing importance.
Now if you’re a Wimbledon resident who thinks about long term results, you may be thinking of increasing your home’s value to prepare for that time when you’ll have to move – which is inevitable in most cases – and sell your house. For this, you can opt to extend your home. In Wimbledon, loft conversion will be your best bet.
Why is that so, you say? This is because after converting your attic, the land occupied by your house will have more use than it normally should. An increase in functionality in turn increases the value of the edifice per square foot. In fact, it is estimated that in medium to high wealth places like Wimbledon, loft conversion can increase the value of one’s real property by around 20%. Just imagine how much that expensive Medieval “village” residence can cost post conversion!
Those things aside, renovating the attic can also be a far more efficient and cheaper alternative to single and multiple storey extension to those looking for extra living space, although it may cost 12,000 to 90,000 pounds with professional help. For one, it does not require building a new structure from ground up, as you already have the basic framework of a shelter with the roof and the ceiling. As such, it won’t require much material and construction work, and therefore, it would be less of a hassle to the homeowners.
You can’t just start creating your loft whenever you feel like it though. You’ll need to have Wimbledon’s building control officer (BCO) visit your home and see if your attic can be safely and legally converted. Sure it will cost a modest fee per visit and another one for the completion certificate, but it won’t be long until you find how helpful the BCO and his/her inputs can get.
It is wise to enhance your residential property’s value in such an affluent district as Wimbledon. Loft conversion is a great way to achieve this, all while making your home a lot more beautiful and your life a lot more comfortable in this cozy London suburb.