Why Victorian And Period Properties Can Be A Great Investment

Victorian housing comprises around 15% of the UK housing stock

, around 3.6 million houses. If you think that Victorian means stuffy, buttoned-up, prudish and gloomy think again. The Victorian period is probably the most diverse, evolutionary and positive in recent history. This affected home decoration as much as any other aspect of every day life, from grandiose mansions to cheap terraced housing built to house the poor. Many peoples favourite architectural period when question is the Victorian period and that coupled with the fact that money can still be made from good period house renovations means that a good Victorian property will always be a sound investment.

Did you know that houses renovated and restored to their original style and period enhance their value and potential sale price when compared to similar houses not renovated sympathetically?

However, too often, owners or developers will compromise their projects by using modern style radiators, laminate flooring and ghastly door handles simply because DIY chains do not offer authentic products for period houses. Others who are prepared to search around for traditional fixtures and fittings dont know where to look or what to source, while inflated prices often put them off. Thats a major frustration for period house renovators.

One example is a homeowner who wanted 12 Victorian style radiators for a new central heating system and found that four out of five of the plumbers they approached had little idea where to get hold of column or period style radiators. The remaining one quoted over 1000 per radiator. Its easy to get drawn into expensive mistakes without accurate advice and being able to compare prices.

Here is the view of one leading estate agent:

"Every year for over 30 years we have sold Victorian Homes for modernisation. They have usually been modernised and then re-sold. Time and again we have witnessed quick and cheap renovations resulting in the stripping out of original features that embody the character of the building and replaced with unimaginative modern fittings. Accordingly the resale price has rarely met the expectation and thus there is disappointment all round. There is no doubt that a quality restoration produces the maximum dividend. Irrespective if it is a small 2 bedroom Victorian cottage or a larger 4 bedroom detached Victorian house, we see them all. Many are wonderfully refurbished, where thought and attention to detail can be seen throughout the property. This results in a top price being paid by a grateful buyer. Using original or reproduction fittings in keeping with the style of the home enhances the saleability and value significantly. Today, buyers are far better informed and they demand a quality, authentic renovation."Simon Wilkinson FNAEA, The Wilkinson Partnership

A new website brings together all of these products, and also provides help and advice along with buyers guides, forums and discussion areas www.thevictorianemporium.com This will surely be one thing for period house owners to celebrate.

by: Emma Page

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