Living In A 3-Bed Terraced House In London
Many people often overlook 3-bed terraced houses in London…
At the £1,500,000+ price point, home buyers are either after a flat (nowadays, usually a lateral flat) in the centre of London or a semi-detached or detached house with a nice sized garden in the suburbs of London…
The 3-bed terraced house often gets passed over.
Why could that be?
Well, they are noisier than a semi-detached or detached house purely because you have people living on either side of you.
That is unless, of course, you have an end of terrace 3-bed house.
They are also more private than a flat in terms of physical living space - there are no shared communal spaces such as entrances and stairs for example - but gardens are often overlooked by neighbours, which some buyers don’t like.
Having said that, unless you are truly out in the rural countryside, this is common for a number of houses and property types.
There’s also typically less potential for development…
You can go into the loft.
“They are also more private than a flat in terms of physical living space - there are no shared communal spaces such as entrances and stairs for example - but gardens are often overlooked by neighbours, which some buyers don’t like.”
You can potentially do a one-storey side extension or one storey rear extension, but there is obviously no opportunity to do renovations and development work on a large scale.
Many home owners and buyers want to be able to put their own ‘stamp’ on a newly purchased house and for many that includes performing extensions on a relatively large scale.
That may not be possible when buying a 3-bed terraced house…
So, with those negatives on the table, so to speak, why on earth would someone buy a 3-bed terraced house?
Well, to me anyway, they feel more private than a flat.
They are also often deceptively large.
The option of knocking down walls in between the kitchen and dining room could mean that your once darker terraced house also becomes lighter and brighter.
Due to the fact that you live directly next door to your neighbours, there is a real sense of togetherness and community and this can be a hugely positive aspect of living in a terraced house if you get on well with your neighbours!
Also, because of this ‘togetherness’, from a literal standpoint you will in all likelihood pay less money for heating as you are receiving heat from either side of your property and are thus retaining more too.
Would any of the reasons above start to put you off buying and living in a 3-bed terraced house or would they make you lean more towards buying and living in one?