0808 164 1111

A guide to buying and selling a house with an annexe

If you’re just entering the housing market – either as a buyer or a seller – it’s likely that you’ll have seen the topics of annexes keep cropping up.

If you haven’t heard of them before, annexes are smaller structures that are built on the site of (either completely detached from, or partially attached to) an existing property. The specific design and layout of an annexe can be completely unique, but they typically contain a large central room, plus a bathroom, kitchen and bedroom.

Annexes achieve a space that operates completely independently of the rest of the house. This allows someone to live there just as they would if it was a completely separate building, while still allowing them to live alongside their loved ones.

If you’re interested in the idea of buying a house with an annexe, or if you’re wondering whether your annexe will add extra value to the property that you’re trying to sell, keep reading.

Below, we’ve outlined whether an annexe adds value to a house, the benefits of choosing a property with an annexe, and the factors that are fuelling annexes’ popularity rise.

Does an annexe add value to a house?

In the majority of cases, an annexe does add value to a house.

Speaking generally, this is because, at its base level, an annexe increases the total square foot of the property. So, since it offers more space and an extra room, adding an annexe will increase the value of most properties.

In addition to the general perk of extra square footage, many prospective buyers perceive an annexe as an extremely desirable asset.

On a more case-by-case basis (depending on the specific requirements and preferences of the buyers), annexes are commonly seen as a major selling point of a property. As a result, the unique benefits of a granny annexe (we’ll cover these in more detail below), can be a great way to distinguish your property on the market, generate higher levels of interest, and unlock a higher price point.

The question of how much value an annexe will add to a house depends on a number of factors. These include its size, the condition and quality of the annexe, the functionality of the space, the location of the property, and the current housing market within that area.

What are the benefits of choosing a house with an annexe for sale?

Annexes are inherently flexible spaces, which can be adapted to suit a wide range of different uses.

Choosing a house with an annexe for sale offers a wide range of possible benefits. Depending on how you choose to use the space, these include:

  • Supporting multigenerational living arrangements and helping you to support your family (more on this below)
  • Helping your family to navigate the current housing market, and save money that they would otherwise spend on high rent or mortgage costs
  • Increasing the volume of living space that you have access to
  • Making hosting easier, and providing a more comfortable place for guests to stay
  • Offering the opportunity to make extra income (as an Airbnb space, for example)
  • Making remote working more enjoyable, by allowing you to create a home office or studio

If your needs change over time, you can continuously adapt your annexe to ensure it achieves the best function for you.

Why is it becoming so popular to buy a property with an annexe?

These benefits have always been part of the perks of investing in an annexe. So, why exactly are annexes experiencing such a surge in popularity right now?

The recent rise in demand for annexes comes as a result of an increasing trend towards multigenerational living.

Multigenerational living is the name given to a living arrangement where adults of different generations (in the same family) all live together in one property. It could be the case that all of the adults live together in one house. Or, that some adults live in a house, and others live in an annexe on the property.

In recent years – particularly after the COVID-19 pandemic – multigenerational living has increased markedly.

In fact, recent studies revealed that a third of UK households (more than 9 million homes) are classed as multi-generational. Furthermore, estimates predict that this figure will continue to rise over the next few years.

As part of the 2020 Aviva How We Live Report, Gareth Hemming, MD Personal Lines, for Aviva stated that:

“While lockdown led to some new multi-generational households, this type of arrangement is already the norm in millions of UK homes, for a multitude of reasons… This type of set-up could be set to grow further still. Our data suggests that the number of older people living in multi-generational households has increased over the past four years, and there is no one-size-fits-all approach to modern living.”

The current housing market has been a key factor fuelling the rise in multigenerational living and, in turn, the increasing popularity of annexes.

Annexes and multigenerational living offer an affordable solution to today’s sky-high house prices. Be it young people saving for a house deposit, or elderly people looking to downsize, annexes help people across the country to unlock the benefits of owning their own place, at a fraction of the price.

Plus, for adults of all generations – from adult children returning to live with their parents, and elderly people moving in with their children – an annexe gives adults the opportunity to enjoy all the benefits of multigenerational living, while still retaining complete independence.

Contact iHus

Recent years have seen a significant uplift in interest in buying a house with an annexe for sale, and it’s easy to see why. They are inherently flexible in their use options and are ideally suited to the continuing trend of multigenerational living. As a result, they’re a fantastic way to add value to a property.

If you’d like to find out more about the benefits of selling a house with an annexe or to explore the range of annexe options that are available to you, the iHus team is here to help.

Recent Articles

Quick Links

Featured Projects

nielsen annexes

Nielsen

At 93 years young, Jeanne has moved into her stunning new Annexe home, and the whole family are loving their new multigenerational living arrangement. Jeanne adores having her grandchildren over an...
granny annexe projects

Jenny Haughton

We recently visited the Haughton Family to see how garden annexe living was working out for them. It's safe to say they feel like it was the perfect choice. Watch the video below to hear their expe...
DCIM/102MEDIA/DJI_0478.JPG

Holbrook

Every annexe is designed around you, no iHus is alike. Find out how our customer Peter is getting along in his iHus 1 year on, and let him take you on a tour around his cosy annexe home on his Son ...
Gould Annexe

Gould

The Gould's moved from South Wales to Bournemouth, as they felt their 5 year old grandson was growing up quickly and they wanted to be involved with his day to day life. They are only 2 months into...
1

Esher

This 1 bedroom bespoke Annexe is home to a family from South Africa, their Annexe has enabled them to live in an area that they love close to their beloved family and grandchildren. Find out how th...
hamm

Wendy Hamm

In Autumn 2020 Wendy Hamm and her family approached iHus as they were contemplating an annexe build in their back garden to house Wendy’s mother. Wendy’s mother Jane, 82, was living over an hours d...
Load More

Download our iHus annexe brochure

Download our iHus annexe brochure

If you would like to download our annexe brochure, please complete the form below. You can also request for a hard copy to be posted to your home address. Have any further questions, why not request one of our team get in touch?

If you would like to download our annexe brochure, please complete the form below. You can also request for a hard copy to be posted to your home address. Have any further questions, why not request one of our team get in touch?






    Yes





    Talk to an expert

    Whether you’re looking to build a garden annexe, or just have a quick question, get in touch with us today and one of our friendly team will get back to you.





      Download our iHus annexe brochure

      If you would like to download our annexe brochure please complete the form below. You can also request for a copy to be posted to your home address. Have any further questions, why not request one of our team get in touch?






        Yes





        Get in touch with iHus

        If you want to speak to one of the team about how Multi-Generational Living can be achieved by building an annexe. Complete the form below.


          Is an Annexe right for you?

          Save time scrolling and speak with one of our annexe experts to find out if an annexe would work for you and your family.





            Book your Free Open Hus Visit

            If you would like to view an annexe show home, please complete the form below. Have any further questions, why not request one of our team get in touch?






              Yes





              Download our Annexe Financial Guide

              If you would like to download our annexe finance guide please complete the form below. Have any further questions, why not request one of our team get in touch?

              Download our iHus annexe brochure

              If you would like to download our annexe brochure please complete the form below. You call also request for a copy to be posted to your home address. Have any further questions, why not request one of our team get in touch?

              Download Your Free Annexe Brochure






                Yes