value of flats in same block

Kynthia

I lived somewhere that when built the top floors were advertised and sold for the most. However ten years later resales found tge ground floor selling for more. They were 2 bed flat, four floors high, no lift, balconies but no communal garden, and the ground floors had a private decking and grass garden. People buying tended to be couples about to have a child so a garden and no stairs appealed to them.

1 bed or 3 bed flats might have a different target market with different concerns, and no private garden's or a lift could swing things too.

alchemist.1

Ground floor sells the for the least in the block i have been living in. Perception of lack of security.
The others much of a muchness.

lydriver

thanks all
access to the roof space, hadn't thought about that...is that a good thing? I've heard before of top floor being responsible for the roof!?

this is in West Lothian now btw davidmcn

not that it matters as no lift but do ground floor flats usually pay less service charge in buildings with lifts in them then? hadn't thought about it like that before!

davidmcn

lydriver wrote: »

access to the roof space, hadn't thought about that...is that a good thing?

It might be if you're the top floor flat and if you do have access for storage - but I've only seen it occasionally in modern blocks. Usually it's only communal access and strictly for maintenance purposes.

I've heard before of top floor being responsible for the roof!?

That used to be the default legal position so you had to make sure the title deeds split up the maintenance costs more equitably - it's not really a concern any more as the law has changed.

not that it matters as no lift but do ground floor flats usually pay less service charge in buildings with lifts in them then? hadn't thought about it like that before!

Ideally yes, you don't want to be paying for the lift if you're never going to use it.