Ten Ways to Add Value to Your Property

Our team are perfectly placed to find you the very best Leicester properties to meet your home search criteria, but it can also pay to go on viewings with an open mind, especially if financial gain is on the agenda.

If you’re up for the challenge – and like the idea of adding value to your property – consider the following ten suggestions when looking around some of the Leicester properties you choose to view.

Cellar Conversion

You could add as much as 30 per cent to the value of your property if you transform a cellar into either storage or living space. Just make sure that you don’t spend more money on the conversion than you are likely to make.

You shouldn’t need planning permission for a cellar conversion, making it quite a simple way of adding value to your home unless you are planning on structural alterations to a listed property, in which case you will need consent.

Create Flats

A price increase of up to 30 per cent could be on the cards if you change a house into apartments or flats. It can add to the sale value in the long term and maximise potential rental profits in the short term. You will need to do your research, however, and check that there is demand in the area.

Garage Conversion

Add up to 15 per cent by creating living space in your garage. This can be a good choice if you have parking and don’t need the garage for a car, but check that the garage is suitable for conversion and if you require planning permission.

Extend Your Kitchen

A side extension to your kitchen could potentially add 15 per cent to the value of your home. You might not need planning permission, thanks to permitted development rules, but this will depend on whether your extension meets relevant limits and conditions.

Loft Conversion

Adding a bedroom in the loft could add 15 per cent to the price of your home, especially if you include an en suite. You will need to decide what sort of conversion you want, from a roof light job to a mansard conversion.

Add a Conservatory

Ten per cent could be added with the increased living space provided by a conservatory. Think about the style of conservatory that will best suit your property as well as practical elements such as heating and shade.

Get Planning Permission

Planning permission for an extension or major improvement works can add ten per cent to your home’s value.

Garden and Kerb Appeal

Make the most of your garden or outside space to boost your property’s value by up to ten per cent. Simple touches such as a new door or a lick of paint can also help your property sell faster when it comes time for you to move on.

Bathroom Revamp

A new bathroom could add up to five per cent and will make your property more appealing to renters or buyers. You can keep costs down by sticking with the same layout rather than having to relocate pipes and inlets.

Open-Plan Living

Creating an open-plan living area can also add five per cent to the value of your home.

Are you looking to buy or sell property in Leicester? Call us today at our office at Hinckley Road 01162 544 555, or Queens Road 01162 544 543.