We have 2 kids in a 2 bed house and are now in a position to be able to either put a loft conversion on, or move. Buying a 3 bed in our budget is going to be tight. We'll lose some of the things we love about our house. We're in a great location. Close to public transport which we need for our commute to work (both Dh and I anticipate that we'll be back in our offices after Coronavirus), close to amenities, close to DC's school. Our house overlooks a beautiful woodland area, which is really lovely and makes the house feel really special.
To afford a 3 bed, we will be in a less pleasant location in the area, not overlooking the woodland, and potentially not as close to school and public transport.
We could put a loft conversion on. It won't be a big room, and we'll lose our storage space (no garage). And if we do move in the future, the cost of the loft won't necessarily be recouped in the sale. If we did a loft now and sold straight away, we might just make our money back, or perhaps lose £5 to £10k (I've spoken to local estate agents).
The thing that bugs me the most about this house is we can hear a lot from next door. They are not a noisy family, it is all just normal living noise. Voices, gaming, music, tv, at different times of day. We're a quiet family, we don't often watch tv or listen to music. If we do, it is usually with earphones. They sometimes watch tv into the early hours, which I can hear in my bedroom. It is not loud, but I'd prefer not to hear it. The walls are terrible so sound travels. I find it quite stressful hearing other people's noise, even though it's not that noisy. Sometimes they've got tv on in one room and gaming in another, so there's no where I can go where I can't hear it. They have a pre teen and a teenager.
Having a loft conversion will solve the night time noise as dh and I will sleep in the loft room.
I've been looking at other properties locally, and there are houses that are end of terrace with hallways separating most of the shared walls, so there would be rooms without shared neighbour walls at all. That is like a dream come true to me!
Another option is to turn our bathroom into another bedroom. We already have a shower room downstairs. I don't think this is a good idea.
I don't know what to do. Help! I love my house and the location. But I would love a better layout and more space.