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What To Consider When Buying An Older Property

By August 23, 2022 No Comments
What To Consider When Buying An Older Property

When you picture your ideal home, is it an ultra-modern new build, or a historic building, full of character?

If it’s the latter, you’re not alone. Whether you’re moving into a Georgian townhouse or converted barn, there are certain things about living in this type of property that make it very different.

Less control

Buildings of a certain age, or with historical significance, will usually have been given ‘listed’ status. This means that you don’t have a carte blanche to change the property as you see fit. Any renovations, repairs and extensions will need to be approved by the relevant authority in the country the building is in.

This can often cause property owners a lot of stress when they cannot do what they want to a property, they are more like caretakers of these places.

Maintenance costs

Older buildings usually need more work done to them to keep them looking good and maintain their safety. If you’re living in a listed building, this maintenance may have to be done by specialists, using approved techniques and materials.

Energy efficiency

It’s important that your home is as energy efficient as possible. Not only is it good for the environment, but with energy prices at an all-time high, you don’t want to be paying to heat and poorly insulated home.

Fortunately, there are many ways to improve the energy efficiency of even the worst-performing building.

In some cases, you may be able to apply for grants to update your property in line with current regulations.

While there are certainly challenges to owning an older property, there are also a lot of upsides too.

Period properties are often unique in looks, rather than a carbon copy of the house next door like a lot of newer estates. Having that kind of character is one of the main reasons that people choose older properties. Many will also have the original features of the period they were built in, which can make you fall in love with a property and its uniqueness.

They also usually occupy more desirable spots in the towns and villages they’re in too.

If you think that modern houses are getting smaller, you’re right. The average room size in newbuilds has decreased over the years. So if you’re looking for a good-sized property, then older buildings will usually give you more for your money.

If you’re thinking of resale value, old character properties tend to hold their value pretty well, if they’ve been kept in good condition. So if you ever are thinking of selling, then you’re in a great position. There are both pros and cons to whichever you choose. In the end, it may come down to budget, location and individual preference but there is a lot to be said for owning an older property.

Final thoughts

Buying a property is a huge decision, which is why you want to be sure you’re getting it right, and when moving your furniture, valuables, and important items from your old home, a smooth and professional process is ideal. Essex Removals provide a premium service at a low price, with years of industry experience placing us as a local favorite.


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