Buying a terraced house has become increasingly popular over the last few years, often appealing to first-time buyers and young families because of its convenience and cost. Young families who have a sizable income can pride themselves in owning a new home with ease. Below are a few steps to note when sourcing for a terrace house to buy.
Location – The location of your terrace is obviously going to be of prime importance when you begin house hunting but, in the case of this type of property, it can be even more crucial. One of the most common concessions buyers are forced into when buying terraced houses is that of outdoor space. Therefore ensure that you take the time to discover the surrounding area and consider the practicalities of your chosen location.
Safety and Security – Areas which are well lit at night, easily visible from neighboring houses and that have a steady flow of traffic are often the safest. When viewing terraced properties, be sure to consider the condition of the street and surrounding houses – if you have children, consider the dangers of nearby roads, and whether there’s enough street-lighting for sufficient security.
Another important safety factor to consider is the presence of rear access to the property, which is common on terrace streets. Many of these have alleys or passageways leading to the rear of the properties, which can be a security issue. It’s important that you consider this access with security in mind.
Construction – Before stepping inside a potential terraced property, take a good look at the external appearance of the house. Consider how much maintenance or repair you may have to carry out – are there any visible faults or flaws which may need a closer inspection? Building consultants or inspection firms can carry out pre-purchase inspections and so, if you’re in any doubt about the structural condition of the property, it’s best to get the house checked out by a professional. While you’re viewing the outside of the terrace, have a look for the following warning signs:
Signs of leaks – water staining, bubbling/peeling paint or mold. This could be a sign of poor construction and insufficient weatherproofing, and maybe the warning signs of a much costlier problem.
Gaps around doors and windows which could let in water.
Cracks and fine lines in plaster, which may require attention or re-plastering.
Visible curves, lines or cracks in the wall cladding.