Pros And Cons Of Living In A Period 3-Bed Flat
So…
You’re starting the search for your dream 3-bed flat and you think that you would prefer a period property to a new build…
What are some of the pros and cons of period 3-bed flats?
Period properties often have higher ceilings and much larger proportions than new builds do.
Historically speaking, townhouses were huge so that there was space for the homeowner, family members as well as servants quarters.
The vast majority of these townhouses have been converted into flats!
Many period properties today still have grand proportions which are appealing to potential flat-owners.
Period properties were made with incredibly durable materials and have lasted for many, many years.
The construction was done in the sense that walls are actual walls and not just a simple stud partition wall.
“Many period properties today still have grand proportions which are appealing to potential homeowners.”
There is an undeniable character that comes with a period 3-bed flat that cannot be replicated in a new build property.
This may be period fireplaces, crown moulding or period doors which will not be in new build properties.
Period 3-bed flats are popular with buyers and therefore tend to have high prices due to demand.
In this regard, period 3-bed flats are easier to sell on if and when you are looking to buy your next 3-bed home whereas new build properties especially if they were built in the style of the era could easily look out of place in the future.
Period 3-bed flats tend to have old heating systems and take longer to heat up because they are not usually particularly energy efficient.
Period 3-bed flats usually require a fair amount of upkeep year on year and when you first purchase a period flat, there could potentially be a large number of renovations to do.
Even something as simple as putting in a new kitchen and bathrooms can be expensive in a period 3-bed property.
There could also be leaks, damp and general ‘wear and tear’ from years of neglect.
If you are looking to buy a period 3-bed flat in genuinely brilliant condition you will undoubtedly pay a premium price…
Do you think that you would prefer to live in a period 3-bed flat over a new build?
What would persuade you to buy a period 3-bed flat over a new build flat?