With property prices in London at now astronomical rates, many homeowners craving extra space are asking themselves if it’s really worth purchasing a new house. Instead, many are deciding to stay put in their homes and add house extensions. Such a paucity of space and land has ushered in a wave of new kitchen extensions in the capital, which has in turn, catapulted property values even more.
Increase The Property Value Up To 20%
A extension can propel the value of a property by up to 20% in some parts of London, which is exactly why many homeowners decide to stay in their area. “As a renovation company operating in some of the most affluent parts of London, most of our clients are more than happy with their location, and have no intention of moving out”, explains Andi Pepaj, director of APT Renovation. “House extensions are a brilliant way to boost space, improve the quality of life and add tremendous worth to a property”.
The harmony of a household has a direct correlation to the amount of space a property has, particularly if the family is large. The more spacious a property, the less likely it is that petty feuds will break out over who is using what and what area is being occupied. An extra bathroom can change the whole dynamic of a household and removes the strain of having to delegate time and monitor how long one spends relaxing in the bathtub. Not only that, but an extra bathroom can add up to 6% in value.
Rooms For Relaxation
The added space that rear house extensions provide mean that family members are more likely to want to spend time in their actual home rather than treating their property as just a place to rest their head at night. They can be modified into rooms of relaxation and entertainment, fitted with integrated sound systems and technology. With more and more people working remotely, the study is turning out to be a necessity for digital entrepreneurs, allowing individuals to make the most out of their productivity.
As swathes of new luxury modern apartments sweep the city, there’s also been a newfound penchant to modernising existing properties with similarly designed additions. These glass designs represent the new trend in contemporary architecture and can reinvent living spaces by facilitating large amounts of natural light. Not only does this brighten up the place and make it more inviting, but it also gives the illusion of even more space.
Knock Down An Internal Wall
Many properties deceptively come across as being small because of the layout, so knocking down an internal wall or two is an incredibly effective way to increase the interior space. Adding 10% new floorspace can fetch 5.1% more value on the market. This can also create a contemporary feel, which is why the majority of modern properties incorporate open-plan layouts, with fresh and airy elements. The two pillars for modernism are space and light, and this is progressively being reflected in the ambitious house extensions that are taking place throughout the capital.
Kitchen extensions have become the most popular types of home improvements in London properties. A new kitchen can add up to 6% in value to a property and is sometimes the first thing people look for when buying. As people become more infatuated with their culinary habits, the kitchen area is becoming one of the focal social spaces as opposed to the front of the house. This is why open-plan kitchen diners are now high in demand and are often adjoined to the rear end of the house. “Our bespoke joinery specialises in bi-folding and sliding doors, which are a fantastic way to seamlessly connect to the garden area”, says Pepaj.
A rear extension takes full advantage of the outside space and boosts the indoor capacity by integrating the flooring or materials that can be found in the garden. Shifting the extraneous space from the outside to the inside can result in a significant increase in livable room, thus encouraging household members to congregate more in this part of the property. Having this type of extra space is not only more practical for families, but is befitting of the type of lifestyle that many people crave these days.
James Dickson and his wife Nicky of Lysia Street were unwavering in their desire to remain in their Fulham home. They did, however, want to boost the space in their property, most notably by way of a refurbished kitchen that allowed easy access to the garden area. APT Renovation was able to give the property a full renovation and implement a stunning contemporary kitchen, complete with state of the art skylights to boost the overall natural lighting.
Cost-Effective House Extensions
Conservatories and orangeries are the most cost-effective of all house extensions and are both similar in the sense that they also merge the exterior with the interior. They are versatile in terms of functionality and can be made into dining rooms, studies, garden rooms, sun rooms and children’s rooms, to name a few. Both options allow residents to enjoy the views a garden has to offer under a relaxing confinement, regardless of what the weather is like.
Generally, single storey extensions will go ahead without hiccups, although in some instances, planning permission may be required. When it comes to multi-storey extensions, there is a whole lot more to consider, including the impact the works will have on neighbours. This type of house extension can be very protracted and can incur the wrath of complaints and opposition from those in the vicinity. The larger the project, the more scrutiny it will come under, as the works can result in less privacy for neighbours, or even deprive them of sunlight. This is why obtaining building control permission is mandatory, and a planning permission is almost a certitude.
Multi-storey extensions represent the most radical of transformations of a property and can make way for extra bedrooms and en-suite bathrooms, perfect for a growing family. Creating a new bedroom of 13 square metres has the potential to raise the value of a terraced property by up to 10%, and two new bedrooms in a semi-detached home is likely to see a 13% increase in the overall worth. Homeowners that already have three bedrooms can add up to 10% in value if they decide to go for a fourth.
Shows like Grand Designs have revealed to the masses the real extent of what modern architecture can bring to a property. In terms of house extensions, not only is the scope endless for creativity and design, but the same is true for functionality. According to Andi Pepaj, homeowners are becoming more sophisticated in their tastes; “we have seen a real movement towards elegant modernism, and this reflects the lifestyle aspirations that are prevalent across the city”.