Does an annexe add value to your home?
We believe that the benefits of adding an annexe to your property are plentiful and will add value to your home and life in many ways.
A Swift annexe is a permanent, self-contained living space built within the grounds of the main house. An annexe will typically have a living area and a bedroom, although some may have one bedsit style multipurpose room. An annexe will almost always have a shower room/WC and often a kitchenette. The garden annexe or living annexe, as it is also known, has seen a huge rise in popularity over the past few years.
With many households needing more space (without the upheaval and costs incurred by moving), an annexe will certainly provide value in terms of additional, flexible living space.
Granny Annexe – Keeping Families Together
We all know that old age can often be accompanied by loneliness. Couple this with the rise of care home costs, adding an annexe to your property can be the perfect solution to your elderly family member’s needs. Keeping loved ones close to home can be a welcome option – allowing for somewhat independent living, along with welcome company when desired.
When considering your long term financials it’s important to remember that the initial costs of building an annexe can often offset the on-going costs of private care or a care homes.
Multigenerational Living
Multiple generations in one family living together brings with it numerous benefits to be had for all. Many choose to live together for financial and caregiving reasons. Often parents can struggle with the pressures of balancing careers, running households, and providing suitable care for their children and elderly parents, so living close can have many benefits.
Realistically though, independence and space can prove difficult, which is where an annexe in the garden is the ideal solution.
“The building of the annexe has been life changing, allowing me to move close to family. Never before have we undertaken a building project of this nature and we are over the moon that we put our trust and faith in Martin and his team. It is marvellous now that I have settled in to my ‘escape pod’, my four-year-old grandson loves putting on his wellies in the morning and meandering his way down the garden!”
JB Merseyside
An annexe is not just for granny!
With the cost of living crisis and the continuing struggles younger adults can encounter trying to get on to the property market, annexes are also becoming an increasingly popular option for the adult children of a household.
Swift are proud to say that we offer deposit protection and a 15 Year building warranty on all of our buildings. Your Swift Annexewill be built to last and will be flexible enough to evolve as you and your family’s needs change. Today’s granny annexe can be tomorrow’s guest suite or first independent home for an older child.
Adding high quality, versatile space, such as a Swift Annexe, will indeed add value to your home. In a recent study on Checkatrade it states: “It’s estimated that you could add up to 20-30% to the value of your property”.
Now that sounds like a sound investment!
Feel free to contact our friendly team to discuss any ideas and answer your questions…alternatively, take a look at our annexe specific FAQ page.