Flats from Scratch: Convert Your House into a Flats
Flat conversions are a great way to add value to a property and increase your income if renting out.
The financial success of a flat conversion depends on the demand in that area, if the location is wrong you could even end up losing money.
Once you have decided on a flat conversion you will need to obtain planning permission, after you have been given the all-clear, Building Regulations will need to be applied for next.
If you haven’t purchased the property yet it is beneficial to discuss your plans with the local authority’s planning team before purchasing as there could be certain regulations that stop you from obtaining permission.
The cost of the project will be determined by the number of flats you’re creating, and the size, layout and state of the existing property. These factors will affect the number of new walls , bathrooms and kitchens etc needed, and also the main services will need to be split so that each flat has its own supply of water, gas and electricity, this all adds to the total cost.
If you would like to get in contact with a member of the team to discuss carrying out a conversion like this, you can find all of our contact details by clicking here.