The Benefits Of Basement Conversions

Basement conversions are becoming more popular across the UK, particularly in London, where more space comes at a premium. 

If you’re considering a renovation project to convert your basement, you might be wondering about the benefits associated with this type of conversion.

There are numerous benefits associated with a basement conversion. These benefits include, but are not limited to:

  1. Adding value to your home
  2. Maximising the space that you already have
  3. Providing a solution for city properties
  4. Improving your energy efficiency
  5. Providing an alternative to moving

1. Adding Value To Your Home

One of the biggest benefits of carrying out a basement conversion is that you can add value to your home.

If you intend to move in the future, your basement conversion can be highly appealing to potential buyers who are looking for a property with more space.

How Much Value Does A Basement Conversion Add?

Generally speaking, a basement conversion can add from 10% to 20% to the overall value of your home.

That said, this does vary depending on the project and whether the basement conversion can be used as a livable space.

A basement conversion
A basement conversion can add from 10% to 20% to the overall value of your home.

 

2. Maximising The Space That You Already Have

A key benefit of carrying out a basement conversion is that it allows you to maximise the space that you already have.

When commissioning a basement conversion, the options are almost endless, depending on your wants and needs. 

From private gyms to larger kitchens and lounges to games rooms, basement conversions allow you to use the dead space under your house to make an entirely new and usable space for your family. 

A basement conversion, therefore, allows you to grow with your home, not out of it.

3. Providing A Solution For City Properties

Another benefit of basement conversions is that they provide a solution for city properties.

Properties in built-up areas, such as London and other larger cities, often lack garden and outdoor space.

Considering that ‘research has shown that spending more time in nature has a beneficial impact on our mental health’ outdoor space is often considered a luxury anywhere, but especially in built-up areas where it’s significantly rarer to have a usable garden space.

Instead of carrying out a regular house extension, a basement conversion can provide a solution, allowing you to make the most of the space you already have without limiting your outdoor space in the city.

 

Completed basement conversion ready for a family's benefit
From private gyms to larger kitchens and lounges to games rooms, basement conversions allow you to use the dead space under your house to make an entirely new and usable space for your family. 

4. Improving Your Energy Efficiency

Another benefit associated with basement conversions is that they can improve your energy efficiency.

Houses with basements can be more energy efficient because they have superior wall and floor insulation and tend to have fewer directly exposed external walls.

As such, opting for a basement conversion allows you to optimise the energy efficiency of your home, which is not only better for the environment but can also save you money in the long run.

Are you interested in converting your basement to make your home more energy-efficient? Our team at Rose Line Premier can help. 

Our architectural design and construction team understands the importance of sustainability in design and construction and will closely consult and collaborate with you to ensure that your extension matches the style and character you wish to emulate for your home.

Visit our website or get in touch with a member of our team today.

5. Providing An Alternative To Moving

If you’re at the point where your expanding family has run out of room, a key benefit of basement conversions is that they provide an alternative to moving.

In cities such as London, the cost of moving to a bigger house can significantly outweigh the cost of converting a basement.  

The average home in London costs £736,81. When you consider that Stamp Duty is 2 to 5% on the sale value of a property, moving house in London can result in you paying thousands of pounds in Stamp Duty Land Tax, which could be better used in your current home.

Reinvesting the money you would spend on moving into a basement conversion not only means you’ll be spending less in the long run, but it will also offer less disruption for expanding families that require more space.

How Long Does A Basement Conversion Take?

The answer to this question depends on the project itself, but basement conversions can take a few months to complete. 

Generally speaking, you’re looking at roughly 4 to 6 months, though this can vary significantly depending on the project’s complexity.

For instance, if the size and scope of the project don’t require planning permission, then the process can be completed more quickly.

basement conversion
Reinvesting the money you would spend on moving into a basement conversion not only means you’ll be spending less in the long run, but it will also offer less disruption for expanding families that require more space.

How We Can Help

If you’re looking for a reliable and experienced team to convert your basement in London, look no further than Rose Line Premier

Our team has over 20 years of experience designing and building stunning properties, and every project is treated with the same attention to detail and high-quality craftsmanship.

We believe every project is unique and pride ourselves on prioritising and understanding your needs and overall vision.

Contact us today to discuss an upcoming architectural design or construction project at enquiries@roselinepremier.com or on 02079987679.

Written by Jemima for Rose Line Premier.



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