Are you a London homeowner feeling cramped in your own home? Unfortunately, living in a city where space is at a premium, it’s all too common to struggle to make the most of your living space. However, with property prices higher than ever, moving to a larger home can be expensive, not least stressful. So, now more than ever, it pays to extend in London.
The challenges of living in a London home can take a toll on your quality of life. Whether it’s a lack of storage, little room for entertaining, or simply needing more bedrooms to accommodate a growing family. But there is a solution – extending your home!
In this article, we’ll explore why it pays to extend your home in London and why it can be a smart investment for homeowners. Drawing on our experience in the city’s architecture and building industry, we’ll show you how to add more space to your home and increase its value, all while staying in the neighbourhood you love.
So, are you ready to take control of your living space and invest in your home’s future? Keep reading to find out how.
Add Living Space Without Moving
One of the most significant benefits of extending your property is adding more living space without the cost and stress of moving. Moving can be time-consuming and expensive, especially in London. By opting to extend in London, you can create the space you need to accommodate your family without the expense of moving home.
Extending your home can be an excellent solution, where space is at a premium and property prices in London are sky-high. So, with the right design and planning, you can create the space to live comfortably and meet your changing needs. In addition, extending your property can be a much simpler and cost-effective solution. With the help of an experienced architect and building company, you can design and build an extension that meets your specific needs and suits your unique style.
Boost the Value of your Property!
Moving to a larger home can be expensive and time-consuming, especially in London’s competitive property market. You may have to spend months searching for the right property, navigating complicated negotiations and legal processes, and incurring significant expenses in stamp duty, estate agent fees, and removal costs.
In contrast, extending your property can increase its value. In London, where property prices are high, any increase in value can be a significant return on investment. Not only can it pay to extend in London by making you money with increased property value, but it can also help you avoid the stress and upheaval of moving to a new home. Instead, you can stay in the neighbourhood you know and love and continue to enjoy the amenities and conveniences that make London such a vibrant and exciting place to live.
Create Your Dream Home
One of the most exciting aspects of extending in London is the opportunity to create your dream home. You can design the extension to your specifications, from the size and layout to the fixtures and fittings. This means you can create a space that perfectly suits your lifestyle, whether adding bedrooms for your growing family or a dedicated home office. You may dream of a larger kitchen for cooking or an open-plan living area for entertaining friends and family.
You also have the flexibility to choose the fixtures and fittings that suit your taste and style. From flooring and lighting to cabinetry and countertops, you can select every detail of the extension to create a cohesive and personalised living space.
With the help of an experienced architect and building company, you can design and build an extension that meets your specific needs and reflects your unique style and taste. By creating your dream home through an extension, you can enjoy a more comfortable and functional living space that enhances your quality of life.
Stay in Your Desired Neighbourhood
London has diverse and unique neighbourhoods, each with its character and charm. If you love where you live, it can pay to extend in London so it allows you to stay in your desired neighbourhood. This is particularly important for families with children who may be settled in their school. Children may have already established friendships at school, be involved in local activities or be accustomed to the local environment.
Moving to a new neighbourhood can disrupt the family’s routine, making it difficult to adjust to new surroundings and make new friends. Extending your property allows you to remain in the same neighbourhood, avoiding disrupting your family’s routine.
London Properties in High Demand
London is one of the most desirable cities in the world, with a rich history and vibrant culture. The city has long been a magnet for people from all over the world, so the demand for housing in London is extremely high.
In addition, London is a densely populated city with limited space for new housing developments. This has led to a situation where demand for housing often outstrips supply, which has led to high property prices.
Given the high demand for housing in London, finding a suitable property to buy or rent can be a challenge. This is why it often pays to consider extending your current property rather than moving to a new one. Extending your existing property allows you to create more space without paying the premium prices associated with buying a new property in the city.
Rent Out a Room for Extra Income
In London’s housing market, rental demand is always high, particularly in popular areas. This increased demand for rental properties makes it a lucrative market for landlords with extra living space. As a homeowner, if you choose to extend your property, you can take advantage of this demand by creating additional living space to rent out for a potential extra income.
Extending your property, you can create an extra bedroom and separate living area. Furthermore, renting out the extra space can help you cover your mortgage costs or home improvements. This can be a smart financial move, especially if you plan to stay in your property long-term. Instead of selling your property and incurring the costs of moving to a larger home, you can extend your existing home and generate a regular rental income stream.
Update Your Home with New Design Trends
Finally, extending your property can allow you to update your home with current design trends and new technology. With the help of a professional architect, you can create a functional, stylish, and modern space. From open-plan living spaces, installing bi-folding doors, incorporating smart home technology, and having your home interior designed by a professional.
This can help to improve your quality of life and make your home more enjoyable to live in. Creating a well-designed home can create a sense of calm and relaxation and even improve your mood and overall well-being. Additionally, incorporating sustainable materials and energy-efficient technologies can help to reduce your environmental footprint and save you money on energy bills.
Request a Consultation with an Architect
To get started, consider contacting an architect for a consultation. They can help you determine what is possible and your options for extending your home. With their expertise, you may have more possibilities than you initially thought.
In addition, you would avoid the stress of moving. In contrast, extending your home has financial benefits compared to moving home. You can avoid the high costs of buying and selling a home and moving expenses. Plus, adding square footage to your home can increase its value, making it a wise investment for your future.
Don’t let a lack of space hold you back from enjoying your current home. Instead, consider extending it and discovering the benefits for yourself.
