- “Ground floor” will be the lower half of the new 2bed flat.
- Kitchen becomes bedroom 2
- WC to be removed to make way for new internal staircase (existing stairs to become communal to the top flat)
- Bedroom in the middle to shrink 80cm to allow for staircase
- Reception to incorporate open-plan living/kitchen
- And that’s your two bed flat. Resale values are looking around the £475k plus with plenty of comparable evidence of recent sales at that sort of money:
http://www.zoopla.co.uk/for-sale/details/35234343 1bed plus box room under offer @ 500k
- Carry out loft conversion with dormer.
- Make the loft room the open plan kitchen/living
- Existing back bedroom to stay where it is
- Smaller bedroom to be converted to bathroom
- Resale around 325k, one has gone under offer which is near enough identical:
http://www.zoopla.co.uk/for-sale/details/36348849 this one is for sale at £385k, perhaps optimistic given the square footage, but you never know…