Adding Value to a Terraced Property
Characterful Georgian, Victorian or Edwardian townhouses are great opportunities for property investment and you’ll find many of them in towns and cities across the country. Terraced houses continue to be in high demand in many parts of the UK so here are some ways you can add value to your terraced property.
Exterior Repairs
Most terraced houses are solid and well-built, after all, the majority of them have been standing for hundreds of years! However, due to their age, terraced properties can suffer from structural issues, and some of these, such as subsidence, can be disastrous if left untreated. To preserve the value of your terraced property, be sure to fix any structural defects and carry out external repairs promptly, being mindful to retain and restore original features where possible.
Interior Renovation
As with the exterior of your home, you should retain and restore any internal original features, whilst upgrading outdated aspects. Many terraced houses benefit from high ceilings and large windows, allowing for plenty of natural light and a feeling of extra space, even in a small property. Highlight your home’s best features with careful window dressing and clever use of lighting to draw attention to these perks.
Whereas many terraced homes may have the benefit of a cellar or loft space, some can lack adequate storage. When it comes to adding value to your home, additional storage features are always a plus and something like a walk-in wardrobe can make use of forgotten space and add a luxurious feel to your home.
Kitchen Upgrade
Just because your home is old, doesn’t mean your kitchen should be! Many homebuyers will look to the kitchen first so if you want to add value to your terraced property, this is somewhere you can really wow potential buyers.
Opt for built-in energy-efficient appliances and upgrade work surfaces and countertops. If you’re on a tight budget, even something as simple as giving the walls and kitchen cabinet doors a fresh lick of paint can have benefits for your property value.
Bathroom Upgrade
The bathroom is another key area for adding value to your home. New tiles and fixtures can be a quick, relatively inexpensive fix to add more appeal and value. If you’re looking to make more significant renovations to your bathroom, you might want to consider a redesign that offers a separate bath and shower cubicle as many people like the option of both.
Don’t forget finishing touches such as underfloor heating, heated towel rails or a double sink to elevate your bathroom further and add value to your terraced property.
Create a Welcoming Entrance
The entrance to your home is the first impression potential buyers or renters will have. Making it appealing and inviting can significantly increase your property’s value. Consider repainting the front door in a vibrant color, installing high-quality hardware, and adding potted plants or window boxes to create a welcoming atmosphere.
Enhance Natural Light
Terraced houses can sometimes suffer from limited natural light due to their compact design. However, maximizing natural light is essential to create a bright and airy atmosphere. Consider installing skylights or roof windows to bring in more sunlight. Additionally, using light-colored paint on walls and opting for light curtains or blinds can help create the illusion of more space and brightness.
