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Whether included as part of a complete home renovation, or a standalone project, a basement conversion is becoming an increasingly popular investment, especially in London.
If you’ve reached a point in your life where your family has outgrown your home, but you’d rather not move because you and your children are settled in your area, or simply because it just makes more sense financially, and you have already explored other ways of extending your home, a basement conversion is certainly something to consider.
Here at Fresh, we have the specialist expertise and experience in this particular field to help you get the most out of your investment.
The Benefits of a Basement Conversion
A basement conversion brings many benefits. The versatility of the space introduced by an entire new and easily accessible floor is almost limitless and homeowners across London are taking advantage of a wide variety of possibilities:
The accessibility of a basement means it can usually form self contained living or work space, with the added benefit of an independent entrance from the back garden.
A basement really is the only type of home extension that can add a whole new floor, as opposed to just one or a few rooms.
Basement Conversions: Common Questions Answered
One of the most commonly asked questions is whether a basement conversion can bring a return on investment. Homeowners should not be under any illusion that a basement conversion is a low cost home extension option. Typically prices will be in the region of £75-£100K, so it’s important to seek the advice of a property valuation expert as to what the property might be worth after the work is completed if you wish to recoup your expenditure, or make a profit.
Another question homeowners ask us on a regular basis is whether their property will be suitable and whether planning permission is needed. Since there’s is much to consider, our London basement conversion and cellar conversion specialists will guide you through every aspect. Generally, older homes in London are ideal for basement conversions, providing the water table height is suitable and there is adequate ventilation and light. Our free survey will ascertain your property’s suitability.
Ready to find out more about converting your basement or cellar? Talk to Fresh.
Here at Fresh, we have transformed the homes – and as a result the lives – of many London families by converting their basements into all sorts of different living and work spaces. For more information or to arrange your free, initial consultation, survey and estimate, get in touch today.