Hi All,
Looking at buying a PPOR and found a place that appears to meet all of our requirements.
However looking at the original building plans, and subsequent renovation approvals, it appears that the house originally had 4 bedrooms with a study, and somewhere along the line the current owners have converted one of the bedrooms into a (massive) ensuite.
On the approved plans for the ensuite, the house officially now has 3 bedrooms and a study. The study is actually quite a good size, being only marginally smaller than the other bedrooms, it has a large window, small built-in cupboard, has a normal ceiling height, and for all intents and purposes looks like a bedroom.
My question is does the fact that it's a 3 bedroom plus study, make it any different price wise from a 4 bedroom house (with no study)? The price guide for the property puts it well into the 4 bedroom price range and I'm concerned that we might overpay for something that we'll be forced to sell as a 3 bedroom plus study later on.
I've not run into this issue before, though I'm not even sure it is an issue! Any advice would be much appreciated.
Thanks!
Looking at buying a PPOR and found a place that appears to meet all of our requirements.
However looking at the original building plans, and subsequent renovation approvals, it appears that the house originally had 4 bedrooms with a study, and somewhere along the line the current owners have converted one of the bedrooms into a (massive) ensuite.
On the approved plans for the ensuite, the house officially now has 3 bedrooms and a study. The study is actually quite a good size, being only marginally smaller than the other bedrooms, it has a large window, small built-in cupboard, has a normal ceiling height, and for all intents and purposes looks like a bedroom.
My question is does the fact that it's a 3 bedroom plus study, make it any different price wise from a 4 bedroom house (with no study)? The price guide for the property puts it well into the 4 bedroom price range and I'm concerned that we might overpay for something that we'll be forced to sell as a 3 bedroom plus study later on.
I've not run into this issue before, though I'm not even sure it is an issue! Any advice would be much appreciated.
Thanks!