Loft Conversion Value
Two houses, 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, which is the sale price. Lets take a look at the loft conversion value added on these two homes.
House number one, is a three bed one bath semi detached house in Walton-On-Thames on the market for £424,950
House number two is a four bed two bath semi detached house in Walton-On-Thames on the market for £499,950
The extra bedroom and bathroom gained from the loft conversion has added £75,000 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 proft of £37,000 and that is not bad at all when it takes around 8-10 weeks to convert a loft.
Interested in making this kind of profit on your home? If you are in Hampshire, Surrey or South West London contact SkyLofts to discuss your loft potential:
01252 500872
info@skylofts.co.uk