Blog

Instant Valuation Market your property
microhomes

The ‘Down’s of Micro-Homes

Imagine living in an apartment the size of an Underground tube carriage. It has all the utilities of an apartment. It is just smaller. And cheaper.

Photo source: http://bit.ly/2fY34hN

Micro-homes are a solution for those wanting to live by themselves, but without necessarily having a big budget to let or buy a home.

More than 8,000 micro-homes were built in 2016 and it was a record until now. The demand was high enough to convince developers to keep on creating micro-homes in the UK.

However, more and more voices are starting to talk more about the downs of these types of properties. One of the biggest problem is their value that will surely not grow once with time. More aspects about micro-homes to take into consideration have been discussed by specialists in this article on Property Reporter.

Also, keep in mind that London already has some of the smallest sized properties in Europe.

Consumer group highlights down side of new trend in micro homes

What do you think? Would you choose a micro-home for your own use?

Request A Valuation

For more information and to discuss your individual requirements,
please call 0208 519 2000 or request a valuation.