Basement, garage or loft conversion – which is best?

Basement, garage or loft conversion - which is best?credit

Are you ready to make a change to your living situation? It might be that spending the past year going in and out of lock-down has left you feeling tired of staring at the same four walls. In which case, perhaps now is the perfect time to do something about it.

However, with the UK’s average house price increasing by 8.6% over the year to February 2021, you may decide this isn’t the most opportune moment to be scouring the market. As an alternative, can you convert a space within your existing property?

It’s undoubtedly a major decision that will require careful consideration and financial planning but once it’s done you might just find that you’ve rediscovered your love for your humble abode. So, which room is best for conversion? Your basement? The garage? The loft? Here are the pros and cons of each conversion option.

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Basements

You can find many ideas for a London basement extension online. If done right, converting your basement has the potential to add significant value to your property.

If done right, converting your basement has the potential to add significant value to your property. They can be large areas with high ceilings, which offers a much wider range of possibilities, while there’s also the chance to create a separate access and make it a standalone space. This could be perfect if you have visions of turning it into a self-contained flat that could be rented out. On the negative side, it can be difficult to secure planning permission for basement conversions and if there is lots of work to do in terms of damp proofing and insulating, then the costs can soon mount up.

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Garages

Is your garage little more than a glorified storage cupboard? If so, why not add some value to your home by converting it into an office, a gym or even a games room? Garages can make for an easier renovation while they also offer separate access to the house as well as a natural link to the garden. Like basements, however, it can sometimes prove tricky to get the permission you need from the authorities, and it could make life more difficult if you’re forced to park your car on the street as a result. It’s also important to think about the practicalities of the space, and whether you are opting for a brick built garage that’s attached to the house or separate, you may find it easier to think about how it should work with your home. A small footnote when it comes to the planning and prep, but an essential one nonetheless.

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Lofts

If you don’t have the room to build outwards, why not convert upwards? Loft conversions are a popular option and it’s easy to see why – it’s typically easier to secure planning permission and the end result can create a beautiful space filled with plenty of natural light. The flip side, however, is that you may be forced to deal with smaller dimensions and low ceilings, while the only access is via the rest of the house, which may not be desirable.

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