Preserving Charm and Boosting Value when Working with Historic UK Properties

*Collaborative Post

55% of people think that older properties are built better than modern developments, according to the UK-based publication This Is Money. Buying an older property can be a special and rewarding experience. Many older homes come with a lot of unique character and craftsmanship, not to mention that they come with a strong sense of history that can be hard to replicate with a newer property. With that said, there are some things you can do to restore the charm while boosting the value of your investment property.

Preserve the Architectural Details

Older homes tend to have stunning woodwork, baseboards, and wainscoting. This helps to give the house a lot of character. To obtain maximum value, don’t rip these out. Restore them, as people are often drawn to the charm of an older property. If you have a stunning fireplace or mantel in the living room, highlight this with a feature wall, and consider using iron paint to bring out the original colour. Built-in shelves and window seats are often seen in older homes too, and although they are often taken out to make the home look more modern, you’ll be able to get more for your home if you keep them in. Add some cottage vibes, such as classic patterned blinds, some cushions, and cosy elements to frame the architectural elements you have, and create a homely feel for potential buyers

When renovating an older property, you must work with contractors with experience preserving homes like this. They can guide you on how to maintain the home’s integrity while addressing repairs or upgrades. Should you fall short, or discover an issue with the home, like asbestos that puts you over your renovation budget, remember, going to market isn’t the only way to sell the property. You can consider an auction like Allsop, or you can look into services like We Buy Any Home. You can receive your funds in as little as 7 days, and you can also choose your completion date, making it easier for you to time the sale of your property, with the purchase of your next one.

Highlight Unique Elements and Historical Detail

Many older homes have very high ceilings, which help to create an airy yet spacious feeling. Installing tall windows and hanging art at a higher level is the best way to make this come across in photos. Hardwood floors with natural patinas from years ago can also add tremendous charm. If the floors are in acceptable condition, consider having them refinished, rather than replacing them with cheap laminate. Incorporate decor that relates to the era of the home, too. If you have an aged Victorian property, adding period-appropriate wallpaper is a good way to make the home stand out to the right buyer. Architectural salvage yards can also be used to replace windows, doors, and hardware, and old cabinetry can be refinished rather than replaced. Although modern functionality is important for buyers on the market, when dealing with older properties, modernising isn’t always the way forward. Sometimes, historic charm can carry more weight, and it’s usually something people will pay more for.

*This is a collaborative post. For further information please refer to my disclosure page.

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