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2015 saw a surge in demand for loft conversions by homeowners in the UK as a result of the new and simplified planning regulations. There are different types of loft conversions chosen because of price, space available, aesthetic appeal, property style, the height of the roof, and the planning permission required. [1]
Loft or warehouse conversion can be an apartment building wherein part of the unit, usually consisting of the bedroom(s) and/or a second bedroom level bath is sub-divided vertically within the structurally tall bay between the structural floors of a former factory or warehouse building.
The loft conversions were more profitable to the landlords than industrial use. [1] By 1977, the New York City Department of City Planning found that 91.5 percent of the conversions were illegal [ 2 ] and 44.9 percent of those lofts were occupied by heads of households who were artists. [ 3 ]
Adaptive reuse is defined as the aesthetic process that adapts buildings for new uses while retaining their historic features. Using an adaptive reuse model can prolong a building's life, from cradle-to-grave, by retaining all or most of the building system, including the structure, the shell and even the interior materials. [6]
Pro: It's a Potential Income Generator. Another potential bonus from a garage conversion: extra income. The space could host overnight guests, aging relatives, or even make money as an Airbnb rental.
Turns out, that cottage, a former hay loft in a historic mews in London’s Paddington area, is now for sale with a £3.25 million price tag that the currency conversion contraption tallies up to ...