Spark Global Limited Reports:
When buying real estate in the UK and seeing a variety of house types, many people will wonder which house type to choose for better investment and higher returns? In fact, when buying a house, you should consider all types of houses and make choices based on your personal circumstances and budget. Don’t exclude a house just because it has limited space.
Types of property in the UK
Apartment / Flat
There are many modern apartment buildings in London, and most of the neighborhoods have complete supporting facilities to provide convenience for residents’ daily lives.
Modern apartment buildings usually have 99-year, 125-year, 150-year or 999-year leasehold property rights (Leasehold). In addition, the property fees for modern apartments in different communities are also different.
Detached (independent villa)
This villa is the most expensive, with its own garden and parking space.
Independent villas are generally 2 storeys high, with at least 3 bedrooms, as well as a living room, kitchen, dining room, etc., and many have their own garage. Single-family villas are villas with detached courtyards. They are independent spaces up, down, left, and right, and have a high degree of privacy. There are spacious courtyards and front and back gardens around the house.
This type of house covers a large area, and most houses are built in relatively empty areas, such as the fringe of the city or the outskirts of the city. The price of single-family villas varies greatly depending on the location. Compared with the same townhouse in the same area, the price of a single-family villa may be 25%~50% higher.
Semi-Detached (Semi-Detached Villa)
Semi-Detached (semi-detached villa) is a large villa divided into two independent houses on the left and right. Each house generally has its own independent garden and parking space, two stories high, 2-4 bedrooms, living room, kitchen, and many have their own garage and parking space.
This type of room has a smaller floor area than an independent villa, and the cost of building a house is lower, so the price is slightly lower than that of a villa.
In the 19th century, between 1930 and 1950, dense townhouses were built in many cities in the UK, including London.
These townhouses are usually composed of multiple sets of two and three-story villas with the same structure closely connected to the left and right. Each villa type is generally 3~4 bedrooms, 1 living room, 1 kitchen and 2 bathrooms, and the usable area is about 100~130 square meters, especially Favored by many families who need to work in the city.
It is a type of townhouse. It can be roughly subdivided into two types: classical (generally very magnificent buildings) and modern (since 1970).
Classical Townhouses are mostly located in central London (equivalent to Beijing First Ring Road), with an area of up to 250-450 square meters. The prime location plus the extravagant area will inevitably lead to high prices for such villas.
The main difference between Townhouse and other townhouses is that it has many floors, usually 3 to 5 stories high, so the use of space is larger. Generally, each house has its own garden and garage.
This kind of house is difficult to classify, but generally in the UK, cottages are very old small houses, many in the countryside, the price is high, mainly because the British prefer old and distinctive houses. Many of these houses are used by British people for retirement or vacation.
This type of room usually has only one floor, because all rooms are on the same level, and there is no need to go up and down stairs, so it has become the first choice for the elderly. Relevant data shows that the average rental return rate of bungalow villas is as high as 7.2%.
article links：How to choose a house with too many units in the UK?
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