Benefits / Drawbacks of older homes
Older properties tend to have more character than newer properties. You may find some Victorian or Georgian houses are in need of modernisation but are full of original features, well within your budget.
These properties often need re-wiring, new boilers, central heating, insulating and decorating throughout which can take a lot of time, money and effort but you can have a lot of fun putting your own mark on the property and restoring some of the features back to their original glory.
What’s more, your efforts could significantly enhance the value of your property once the modernisation is complete.
However, there are more hidden costs associated with older properties including the need for re-pointing, damp proofing etc. Older homes do tend to have larger rooms and gardens, ideal for growing families or those who like a bit of space!