House Value

hazyjo

Mojisola wrote: »

Your house will reduce in price once you reduce from 3 to 2 beds but, if you stay long enough, that might not matter.

Not necessarily. When I was in E4, those with 2 big beds and an upstairs bathroom sold for pretty much the same price as 3 beds with downstairs bathrooms.


Meant to add about plumbing in my last post - davidmcn reminded me in his. It's what I was getting at when saying back of house in smallest room. If the smallest room is at the front, it could be very tricky (especially with external waste pipes) although not totally impossible. You don't want to have a 2 bed house if one will be a single and the bathroom will be in an old double bed. There are usually ways of jiggling layout to get the bathroom at the back.

badger09

Cakeguts wrote: »

I actually think that having a downstairs bathroom isn't a big deal. You probably use the loo more often in the day than you do in the night so having it downstairs might actually be more convenient.

Not when you get to 'a certain age';)

becca88

hazyjo wrote: »

If it leaves you with two doubles, you may find it evens out.

The house I'm currently looking at would be left with 2 doubles, yes. The back bedroom, the smallest room, would potentially become the bathroom. With regards to the plumbing this isn't something I have any knowledge on whatsoever and would need to get advice, but it is the kind of thing I need to bear in mind so thank you.

ReadingTim

Around me, many of the 3 bed Victorian terraces should be more accurately described as 2+1's, as the 3rd bedroom is accessed through the 2nd. Turning that 3rd bedroom into a bathroom effectively gives you a huge ensuite, but bear in mind that if you then remove the downstairs bathroom, people will have to traipse through your bedroom to get to the loo. It also makes having guests more 'interesting'. The alternative, creating a corridor, can make the 2nd bedroom pretty small and cramped.

My house has a downstairs bathroom (it's a 2 bed Victorian terrace); I got used to it pretty quickly and don't have a problem with it. Suggest that if you buy somewhere which also has one, you live in it for a while to see if it really bothers you, and if it does, do from there. You'll also get an idea of whether the new layout would actually work in practise, rather than merely looking at a drawing.

airandwater

Converting one of the bedroom to a bathroom will significantly reduce the size of the market for your house.

Young families looking to buy their property will most likely buy a three bed over a 2 bed as they need a room for grand parents, nanny, home office or the eldest child.

However, the future sell price is irrelevant if you plan to live in the house for 5-10 years and an upstairs bathroom will bring you joy an peace of mind.