If you are actively searching for a renovation project or looking to flip your first home, you are in the right place. Our expert team has three questions that can help you spot a property with a lot of potential to add value. 

Does the property offer space for conversion? 

A decent-sized loft or basement is something that you should keep an eye out for. These empty spaces offer the opportunity to add another bedroom, bathroom, or living area, making the property more spacious and, in turn, more attractive to buyers when it comes to selling in the future.  

Can the layout be improved with a few tweaks? 

Try not to dismiss properties that are very segmented in their layout. Often, homes with very separate rooms can easily be transformed into an open-plan wonderland. Keep a close eye out for properties where there is a small kitchen next to a large dining room that could be knocked through, or a bathroom next to the main bedroom that could be transformed into an ensuite. 

Could energy-saving devices improve the property’s EPC rating? 

It is important to not disregard properties that currently have a low EPC rating. In fact, there is a lot of scope to add value, and following Rishi Sunak’s Spring Statement in March, adding energy-saving devices to a property has never been easier. Now that VAT has been scrapped on a range of devices, making energy improvements to a property may be less costly than you initially thought.  

Wherever you are on your buying journey, our experts are here to help you. Contact us with your property related queries here. 

As competition in the property market remains high, you may feel slightly more stressed than usual when it comes to buying your next home. However, do not be alarmed! We have four tips to help you ease the stress of your next home move. 

No matter what the question is, ask it 

As we have said, buying a home is a huge commitment, so you want to be sure you are happy with all the details, no matter how small they seem. If you happen to find something confusing or alarming, speak to your estate agent about the matter. They will be able to advise you or offer direction on who to contact about your query. 

Discuss additional costs that could be incurred 

A mortgage deposit might not be the only upfront cost you need to save for. Throughout the buying process, you may encounter fees for surveys, stamp duty (depending on your buying position), and solicitors. So, it is a wise idea to set aside a “buffer fund” to cover these costs as they arise throughout the process. By preparing your finances, you can be comfortable knowing you are ready for anything. 

Take a break 

House hunting can be a time-consuming and possibly emotionally draining experience. If the process begins to feel overwhelming, we advise you to take your foot off the gas and have a break for a few days. When you come back to your search, you will be refreshed and recharged, with a fresh set of eyes! 

Trust your agent 

Make the most of your estate agent’s services by letting them know about your requirements. This means that even when you are not actively hunting, you are not missing out on any ideal homes that may come on the market. 

Are you in the process of searching for your next home? Our expert team of professional agents are here to help you every step of the way. Get in touch today.