We have a 3 bed semi in a nice area. Would love to move to a 4 bed detached in a nicer area around the corner but it would cost at least 750k to get anything and even then the house would need work. Our house was £320k we have a 200k mortgage
We spent about 20k last year knocking through our dining room and kitchen and redoing the garage conversion into a kitchen so downstairs looks quite nice and I think has added value. A house down the road is on the market for 475k which needs lots of work so I reckon ours is at least worth this,, probably more
We have 2 doubles upstairs a box room and a family bathroom. We also have a bathroom downstairs. My ds who is 4 is in the box room, we are in the other the other double is for grandparents when they stay as they live 3 hours away
I am thinking about a loft conversion for more space and in case we have another child. Will we lose the box room to the stairs to the loft? I've measured and there is about 2.7 headroom in the loft and it's about 5 metres by 4 metres space plus space in the rafters.
I hope we can get it done for about 40k so we can remortgage for the money and I hope we will at least make that back when we sell in maybe 5-10 years time.
Any experiences of doing this / views welcomed
Thanks