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6 beds 2 baths, or 5 beds 3 baths - would you convert one ?

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bolwin1
bolwin1 Posts: 277 Forumite
Eighth Anniversary 100 Posts Name Dropper
Not really sure which forum to put this on - this seems the most appropriate.
We moved into an Edwardian 3 story semi-detached house earlier in the year. It has 6 beds (all decent sized), 2 bathrooms & a downstairs loo. My grown up daughter & her partner have the top floor. Mother-in-law lives with us & uses the en-suite.
I'm considering converting one of the bedrooms on the top floor into a bathroom. I've got various quotes & it will cost in the region of £10 - £12K. 
I think we'll be here for around 10 years, before moving to another part of the country to retire. The houses in the area / road are a real mix from 3 bed to 7 bed. Ours is middling in terms of space / value. 
I've highlighted the room we'd convert (partly as it's above other bathrooms, so the plumbing is less complicated). Due to the sloping roof, it's not possible to convert the storage areas on the top floor.
I'd be interested in peoples views at to whether a 5 bed 3 bathroom house is worth significantly less than a 6 bed, 2 bathroom house ? I'm happy to spend on the bathroom, but am a bit nervous in case it hits the value of the house too much. There's not enough local data on house sales for me to judge. Thanks in advance. 







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Comments

  • Have you considered using the storage room?


  • GDB2222
    GDB2222 Posts: 26,204 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Have you considered using the storage room?


    He said that the sloping roofline makes that impossible. 
    No reliance should be placed on the above! Absolutely none, do you hear?
  • bolwin1
    bolwin1 Posts: 277 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    There will be no price difference between 5 and 6 bedrooms.  It certainly won't detract from the value and after 10 years you will have had your valuable use of it.  

    You're living there already, so you know what suits you.  

    If someone wnated to take it out in the future, it's a darn sight cheaper than adding a bathroom in.    In our family, a third bathroom would be more valuable than a 6th bedroom.  
    Thanks for the input - with 3 generations living in our house, the extra bathroom will certainly get a lot of use & that 6th bedroom is currently empty. 
  • GDB2222
    GDB2222 Posts: 26,204 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    It’s not at all obvious to me that a 5 bed will be as valuable as a 6 bed. It depends on the neighbourhood. In areas where there are very large families, or extended families, the extra bedroom might command a premium price. 

    However, as Doozer says, it’s cheap to convert it back to a bedroom. So, if it does turn out that you have reduced the value significantly, you can just convert it back, and in the meantime you have had the obvious benefit of the extra bathroom. 
    No reliance should be placed on the above! Absolutely none, do you hear?
  • Have you considered creating some kind of laundry provision on the top floor? That bedroom would create a relatively large bathroom & getting the washing machine out of the kitchen (or installing another) might be useful.
  • Ganga
    Ganga Posts: 4,253 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    How long will the daughter/partner and your mother in law be living with you ? you might not need the extra bathroom if they move out.
  • HHarry
    HHarry Posts: 987 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Can you carve off some of the front bedroom along with the storage space to create a small bathroom and small bedroom / study?

    Toilet could go under the slope, shower in a full height portion.
  • rach_k
    rach_k Posts: 2,254 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'd change it to a bathroom.  I feel like the number of bathrooms in a house is a bigger determiner of how many people can live there permanently (and comfortably) than the number of bedrooms, as long as you're talking about sensible numbers of either.  There's a reason bunk beds are more common than doubling up on toilets in a bathroom!  

    If you're worried about resale value, take some good photos of the room you'll convert with it set up as a bedroom, so if you come to sell and people would prefer it as a bedroom, you can show them what it'll look like.
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