Trusted Loft Conversion Specialists in East Grinstead | Perfect Lofts

While many invest in loft conversions simply to benefit from the extra space they afford, our loft conversion specialists also receive many inquiries from clients around East Grinstead (a principal service areas of ours) who are approaching the project from an investment angle. They want to know exactly how much they can expect to add on, and what their return on investment (ROI) will be. That’s why we’ve chosen this topic as the subject of our inaugural blog post, a subject many other loft conversion companies are hesitant to touch on.

Why hesitant? The chief reason is that ROI is hard to predict 100% accurately, for reasons that will soon be explained. Loft conversion companies wish to avoid the ire of past clients whose returns are lower than predicted. So what our loft conversion specialists want to focus on is a) answering the question and b) exploring are the factors that influence how effective an investment can be, drawing on our experience serving East Grinstead and surrounding areas throughout Surrey, Sussex and Kent…

How Much Value Can Loft Conversions Add to a Property?

To begin with, let’s keep it simple. Studies differ in their conclusions, but the commonly cited Nationwide survey found that loft conversions can add 21% to a property’s overall value. Other studies claim calling in loft conversion specialists to overhaul your attic can double the money you put in. But there are reasons to be sceptical of such a general conclusion, for there are a number of variables at play…

Firstly is where your home is located. Buyers in many markets – cities for example, where space demands a serious premium, and thriving/bustling towns like East Grinstead – are willing to fork out a considerable sum. In some others, a conversion is merely a small added luxury that is viewed less favourably. Secondly, there’s how you plan to use the space. Extra bedrooms with en suites, for example, are sought after – and the same goes for home offices/studies, these days. And while your family might yearn for a home cinema, games room or gym, this is a bit more specialist. If you found the right buyer, it could really pay dividends – but many will see it as a waste of space, given their particular lifestyle.

Another important factor in determining the value that a conversion can add to any given East Grinstead property is the quality of workmanship you receive. This is why it’s essential to sift through loft conversion companies and find a team up to the task. Check out their portfolio and read their testimonials, so you can find true loft conversion specialists whose work you rate highly. Credible loft conversion companies will be transparent and only too eager to share of examples of their past work; beware those who are evasive when asking for examples. You can see some of our own work on our Gallery page.

So the big takeaway here is that’s it’s vital to do your homework if you’re approaching loft conversion companies purely from the investment angle. You’ll need to figure out the health/state of your local housing market, what buyers are looking for, what styles are in-vogue and which loft conversion specialists can help you tick every box to maximise an investment…