HELP!! Advice please on renting lower floor of house, self contained annex

Taeonii

Hi all,
We’re thinking of renting the lower floor of our house. It currently has 2 rooms and a bathroom. But we have a few questions:
1) What steps would we have to take (planning permission etc) 2) would we need to add a kitchen or anything else
3) would we need to split the gas water etc
and 4) what would the costs be?

Thanks in advance

00ec25

how can you call it self contained or ready to let if it does not have a kitchen?

there is an enormous list of things you need to do, too long to be written up here in enough detail for you to understand given your start point of next to nothing

[Deleted User]

You will also have to look at fire safety requirements, impossible for us to predict costs as we don't know the house. Best to phone the council and ask what their requirements are.

sevenhills

Taeonii wrote: »

Hi all,
We’re thinking of renting the lower floor of our house. It currently has 2 rooms and a bathroom. But we have a few questions:
1) What steps would we have to take (planning permission etc) 2) would we need to add a kitchen or anything else
3) would we need to split the gas water etc
and 4) what would the costs be?

Thanks in advance

If you rent it to people with access to the whole house they could be classed as lodgers, without the need for a new kitchen and all the rest.

AnotherJoe

I think you should re-examine the meaning of "self contained" until you understand what it means.

Taeonii

AnotherJoe wrote: »

I think you should re-examine the meaning of "self contained" until you understand what it means.

I think you’ve misunderstood. We’re thinking of letting it as self contained as we already have a bathroom, we just need to add a kitchen. It’s not self contained at the moment, but it will be.

Taeonii

00ec25 wrote: »

how can you call it self contained or ready to let if it does not have a kitchen?

there is an enormous list of things you need to do, too long to be written up here in enough detail for you to understand given your start point of next to nothing

I wrote we’re thinking of letting, hence why I asked what we’d need as it doesn’t have a kitchen yet because we aren’t ready yet.:money:

ciderboy2009

OP: Do you have a mortgage on this house?
If so then what did the mortgage company say when you told then of your plans and asked then for consent to let?

00ec25

Taeonii wrote: »

we aren’t ready yet

indeed you are not

you have no idea what it means let a self contained "unit" and the huge implications that has for the rest of your property

read a book, join a LL association, and do their training courses, then pay an accountant to explain it all again to you.

Kynthia

Look up whether the unit would have it's own council tax banding. You'd need your lenders permission, building a insurance woukd need to know and you'd need landlord insurance. Would the council need to know in case there are area rules in place about licensing for HMO, but that might depend on the number of people who rebt the property and how many live in yours.

AnotherJoe

Taeonii wrote: »

I think you’ve misunderstood. We’re thinking of letting it as self contained as we already have a bathroom, we just need to add a kitchen. It’s not self contained at the moment, but it will be.

It will be ... when you've added a kitchen (now down to one room) making it a studio apartment, the cheapest to let out and the hardest to sell..

Fix the stairs so there are separate entrances. How much room has that taken up? How feasible is it?

Added additional fireproofing.

So it would be a studio apartment you would be letting (not "renting") not a two bedroom place with bathroom and kitchen as well.

Now deduct the costs to;

• Pay an architect to draw up plans.
• Get planning permission
• Remodel the two floors and install kitchen
• No doubt a bunch of other stuff I've missed.

Also look at value of the house now, compared with (most likely) two studio apartments or maybe a studio apartment and a one bed apartment (since its unlikely the house upstairs is bigger than downstairs)

This is why as one poster said

there is an enormous list of things you need to do, too long to be written up here in enough detail for you to understand given your start point of next to nothing