With so many of our customers based in Elvetham Heath, Fleet we were keen to find out how much value a loft conversion adds in this area. We found two houses for sale, in the same area, on the same road, with the same outside space. The only difference? One has a loft conversion, the other does not. Which also causes another difference, the sale price.
House number one, is a three bed, three bath semi detached house in Elvetham Heath, on the market for £289,950 http://www.rightmove.co.uk/property-for-sale/property-18429666.html
House number two is a four bed, four bath semi detached house in Elvetham Heath, on the market for £399,950 http://www.rightmove.co.uk/property-for-sale/property-44769010.html
The extra bedroom and bathroom gained from the loft conversion has added £110,000 onto the sale value of the property. Taking into account SkyLofts average estimate for a loft conversion (case study here) at £38,000 this leaves a pre-tax profit of £72,000 which is not bad at all when it takes around 8-10 weeks for SkyLofts to convert your loft.
Interested in making this kind of profit? If you are in the Hampshire, Surrey or South West London area then please contact SkyLofts on 01252 500 872 or email info@skylofts.co.uk to discuss your loft potential.