PHASEZERO

FLAT CONVERSION

Design - -> 2-4 Weeks

Pre-planning - -> 2+ Weeks

Application - -> 6-8 Weeks

Design - -> 2-4 Weeks

Notices - -> 48H

Full Planning - -> 3-5 Weeks

Design - -> 2-4 Weeks

Concept - -> 1-2 Weeks

FF&E - -> 2-4 Weeks

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10 Things To Consider With A Flat Conversion

A flat conversion occurs when a property is converted from one unit into multiple units or vice versa. There are a variety of different things to consider concerning flat conversions; here are our top ten considerations:

 

  1. Property suitability – Not all properties are suitable for a flat conversion. Ideally, you need a large semi-detached or detached home, a sizeable non-residential property compliant with Local Plans, bedsits or HMOs or shops with vacant space above.

  2. Fire Regulations – When converting a property into contained flats, each flat must have accessible escape accesses for emergencies.

  3. Sound Insulation – Each floor should have soundproofing to the required standard; this ensures occupants can enjoy quiet home lives.

  4. Room sizes – All rooms have a minimum floor space that must be adhered to and a minimum window area. You must pay attention to the location of rooms like bedrooms and living rooms as they cannot be internal.

  5. Market demand – Research your local area to see if flats are in demand; this will help ensure a sound Return of Investment.

  6. Planning permission – You will need to seek planning permission to convert a house into multiple self-contained flats.

  7. Cost – To convert a house into flats, it will cost approximately £25,000, but this depends on the needed work, materials, and contractors.

  8. Time – Converting houses to flats is not a quick job to complete; it would take about six months to complete as a rough estimate.

  9. Financing – You cannot secure a standard mortgage to convert a property into flats, so you will either need cash or secure some specialist funding.

  10. Selling or Renting – Having an end game is essential; you need to know what you will do with the conversations once completed. For example, renting could earn you up to 20% ROI yearly, whilst selling would give you access to an instant amount of money.

 

Converting a property into multiple self-contained flats is becoming increasingly popular. Homeowners are seeing profits that are achievable by converting due to the demand for flats.

 

Planning consideration

  • Size of the existing dwelling, if it is below 120sqm might be too small to be converted.

  • The min. GIA required for a 1 bed/studio flat is 37-39sqm.

  • Each room has a min. size required.

  • You must provide high quality living accommodations.

  • The internal min. height for each floor is 2.3m.

  • Natural lighting and ventilation.

  • Amenity spaces.

  • Sound insulation will need improvement to meet the BR.

  • Car/Bike Parking spaces provision.

  • Waste management.

If you are a developer, you made this choice because you want to increase the value of the property, but not all the properties are suitable for this change. Contact us before buying the property to have a look at the potential of the site, including extension and loft conversion to achieve the min. requirements.

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