Rachel Johnston of Stacks Property Search says, “An annexe is the most useful aspect of a property a homeowner can have. But I use the term ‘annexe’ in the loosest sense. The more separate and self-contained the better, but as long as it’s space that’s self-contained in terms of bedroom/bathroom/very basic kitchen that might just include a kettle and microwave, it meets the criteria.
“An annexe provides a useful way of living and infinite flexibility. Guests can be less ever-present, they’re a halfway house for children who haven’t quite flown the nest, a wonderful place for family to stay for extended visits, great for nanny or au pair, or a permanent home for elderly parents or grandparents who can no longer live alone.
“For the times in life that none of the above apply, the homeowner has the luxury of finding their own use for the space – either as a place of work or play, or to generate some cash on a regular or occasional basis. It’s win-win.
“While an annexe may just be a separate area of the house, the best are independent in layout with their own access, outside space and utilities. Homeowners who have too much space within the main property would do well to think of ways of carving the space up and adapting it to create an annexe. If the main house doesn’t have any spare space, but there’s outside space available, think about creating completely separate secondary accommodation. There are a host of options ranging from a proper new build, to converting an existing building, to a shepherd’s hut, to a caravan.
“Bear in mind that planning permission for an annexe is generally granted on the basis that the property can’t be sold separately. There may be other restrictions attached regarding use, especially relating to renting out – check these carefully before you invest.
“Be careful of making decisions about secondary accommodation that are based entirely on income rather than utility. Do realistic sums about costs and likely occupancy / rates, and work out how long it will take to pay off the investment.
“If you’re buying a new property, one with an annexe really is an excellent proposition for almost every stage of life, and allows for so much flexibility. Even if you hadn’t thought you needed one, think about the benefits and how it may make the property viable for a much longer life, negating the need to move, and saving huge sums of money in moving costs.”
This Gloucestershire village house has a pretty single storey completely separate annexe with an open plan bedroom / living area, kitchen and shower room – complementing the five bedroom period house, with large garden and pony paddock, in a great edge-of-village location. The freehold is available for £2.25m through Butler Sherborn, Stow on the Wold, 01451830731 / www.butlersherborn.co.uk
Stacks Property Search & Acquisition, 01594 842880 / www.stacks.co.uk
Call us on +44 (0) 1594 842880 or complete the form below
When making probably the most important financial decision of your life, it pays to have the right advisors at your side.
Retirement or semi-retirement is an exciting stage in life. Finding the right home to live in and enjoy it to the full is important. We know that and will do all that we can to understand what you’re looking for… before starting to search. And search we will, until we find the house of your dreams.
Relocating is time consuming and stressful. We regularly work with clients who live abroad. We hunt, short-list, prepare your viewings, and make the search process as easy as possible. We oversee the negotiations, manage the conveyancing, and deal with the headaches, so you can concentrate on other aspects of your move.
A holiday home is often an interesting mix of investment and heartfelt connection. You want to use it, but you may well also be keen for others to use it too. We can advise you on what factors to consider in making your decision. And we can then find the perfect holiday home for you to enjoy.
Others say, ‘location, location, location’. We say, ‘location, purpose, price, capital growth, rental returns’… the list goes on. Knowing the market is critical. Local knowledge is key. We ensure all aspects of your investment decision are addressed. Finding, analysing, negotiating, and completing… it’s what we do.
“You showed fantastic attention to detail, anticipated all eventualities, and provided timely and practical help and guidance every step of the way. Above all, you supported me in making my own considered decisions, and I am so grateful to you for all your help in getting me to where I am now!”
“We firmly believe that without Rachel and her skilled negotiation we would not have secured the property.”
“We felt they genuinely wanted to help.”
“Stacks’ performance on this assignment has been absolutely outstanding and more than met my expectations. Her understanding of the brief and the ‘after-find’ service set a standard of professionalism that I have not met before.”
“It is not often that one is pleased to part with money but I can truthfully say that I am on this occasion. You have earned every penny of this cheque and what is more, you have done it with great courtesy and good humour. It has been very pleasant working with you. You really did take most of the stress out of our house hunting.”
“Encouraging me to think creatively about what could work for me.”
“Finding a plot not yet on the market and persuading the developer to enter into an exclusive contract with me to build to my specification.“
“I was impressed by the efficient, kind and courteous service provided by Stacks”
“Stacks were a tremendous help and we would never have found our home without them. She is a lovely person with a great sense of humour which was essential during some of our tricky negotiations“
“You gave a much-valued ‘younger’ perspective on our situation, which was a real asset”
“We found the service extremely helpful and professional at all times”
“I have been delighted with the service I have received from Stacks and will not hesitate to recommend Stacks in the future.”