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Loft Conversions Are Big Money Spinners

GOING UP


LOFT EXTENSIONS: 

Experts agree the biggest money spinner – and the least disruptive option – is to extend your loft.

COST:

The cost depends on the project but Brian Berry of the Federation of Master Builders says a loft extension will cost about £35,000 in London.
4/5


RETURN: 

Brian says that a loft conversion can add up to 20% to the value of your home. He calculates that investing £60,000 on a loft for a three-bed house worth £600,000 might push its value up to £750,000 – more than doubling your investment.
4/5


DISRUPTION: 

A loft conversion will take two to three months depending on the scale of the project. Kurt Calder of the National Federation of Builders says it is the least disruptive option.
5/5


PLANNING PERMISSION: 

Recent changes to planning rules mean many people can extend into their lofts without planning permission, but always check with your local council.
5/5


WOW FACTOR: 

Creating a large master bedroom and en-suite in the loft is the most popular option but won't add a great deal of architectural merit to your property.
3/5


SCORE: 21/25

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