Hi all,
New to the forum and have just put an offer in on my first development project, a typical mid-terraced house in Penkhull, Stoke-on-Trent which has previously been let to students. (The house is slightly wider than usual, with a hallway, rather than the step-in-off-the street type.) Survey should come in next week and then we will be good to go.
Just a couple of quandaries to ask opinions about:
1) The house was previously a 2 bed, in which the large front bedroom has had a window and stud wall added to divide it into 2 rooms (making 3 upstairs including the back bedroom plus a large bathroom above the kitchen.) The dimensions of the two front rooms are 12'4" x 8'6" and 9'5" x 5'6". (Back bedroom is 14'2" x 8'4".)
Given that none of the rooms will accommodate a double bed comfortably with walking space around it, do people think that buyers would prefer to sacrifice the smallest bedroom in favour of a large room? The market suggest that the house would appeal to both young professionals and small families looking to take advantage of the good school nearby, so I'm undecided about who to appeal to.
The stud wall between the split rooms could easily be moved, making the smallest room even narrower, down to baby's room/study/walk-in wardrobe dimensions, but is this worth the bother???
2) There is currently no downstairs loo, but there is a brick-built outhouse attached to the back of the house which could be knocked through from the kitchen and converted. We really want to do this, but is it worth the extra expense of converting it into a lobby & hallway with the door going out the very back, or leave the back door where it currently is (off the side of the kitchen) and have the toilet just as an enclosed extra room off the back of the kitchen? Basically, is there an extra premium on the potential profit to be had by moving the back door and thus making the kitchen a little bigger?
Thanks for any advice!
New to the forum and have just put an offer in on my first development project, a typical mid-terraced house in Penkhull, Stoke-on-Trent which has previously been let to students. (The house is slightly wider than usual, with a hallway, rather than the step-in-off-the street type.) Survey should come in next week and then we will be good to go.
Just a couple of quandaries to ask opinions about:
1) The house was previously a 2 bed, in which the large front bedroom has had a window and stud wall added to divide it into 2 rooms (making 3 upstairs including the back bedroom plus a large bathroom above the kitchen.) The dimensions of the two front rooms are 12'4" x 8'6" and 9'5" x 5'6". (Back bedroom is 14'2" x 8'4".)
Given that none of the rooms will accommodate a double bed comfortably with walking space around it, do people think that buyers would prefer to sacrifice the smallest bedroom in favour of a large room? The market suggest that the house would appeal to both young professionals and small families looking to take advantage of the good school nearby, so I'm undecided about who to appeal to.
The stud wall between the split rooms could easily be moved, making the smallest room even narrower, down to baby's room/study/walk-in wardrobe dimensions, but is this worth the bother???
2) There is currently no downstairs loo, but there is a brick-built outhouse attached to the back of the house which could be knocked through from the kitchen and converted. We really want to do this, but is it worth the extra expense of converting it into a lobby & hallway with the door going out the very back, or leave the back door where it currently is (off the side of the kitchen) and have the toilet just as an enclosed extra room off the back of the kitchen? Basically, is there an extra premium on the potential profit to be had by moving the back door and thus making the kitchen a little bigger?
Thanks for any advice!