Semi-Detached Houses – A Good Investment?

Townhouses are a very popular choice for homebuyers and renters and are available in a wide range of styles. A semi-detached house is attached to another house on one side, sharing a wall. Both parts are generally identical in design, although there may be some differences. These are cheaper than single family houses as two houses can be accommodated instead of one. The shared wall between the two portions is called a “party wall” and any changes to the wall are subject to legal agreement between the two occupants of the property.

A brief history:

The original design is attributed to the architect John Shaw and his son in the 19th century in North London. Terraced houses were generally attributed to the middle class. Around the 1920s and 1930s, a number of semis emerged in different styles in the suburbs that featured spacious living rooms with modern amenities. After the Second World War, it was common to see municipal semi-trailers throughout the UK and eventually these became the preferred choice among home buyers. Attached “villa” style residences in the suburbs are in high demand. As an evolving style, even single-family homes are being divided to create two homes because of the price they fetch. The reverse is also common, where two semis are combined into a single single-family home, increasing its value.

What are the benefits?

With the variety in construction style, the area in which they are located, and the quality of construction, the following are the perceived advantages of semis:

• The cost factor is the first benefit. There is the advantage of an independent residence at a much lower price than a single-family home.
• Opposite semi-detached houses where the owner must park on the street, the semis are equipped with their own garages and gardens.
• The semis offer privacy due to their location, as well as less noise pollution from the neighbors.

A semi-detached house is a good investment for those seeking the benefits of an independent residence without the high associated costs. To choose the most suitable one, talk to the neighbors to get an idea of ​​the area. A property with a garden is an advantage as it increases the value of the property. Ex-municipal semis are more affordable, spacious, and conveniently located.

Things to keep in mind:

Building a semi-detached house is a great idea, but when a homebuyer considers purchasing an existing property, it is important that the property is inspected. Since townhomes were originally built as a more affordable housing option, there is a chance that the quality of construction may not be up to par. Repairs and renovations, if any, should be taken into account before investing in the property. There is also the issue of the mortgage, the intricacies of which must be properly understood before making the purchase.

The best starting point is a trusted developer with an excellent reputation who can offer various options and unbiased advice based on the buyer’s needs, chosen location and budget.