Converting a house into flats
Costs will vary hugely from property to property, depending on the size, the new house design, condition and the number of flats you’re converting. We’d say you will expect to pay around £35,000 for a basic conversion, which would include putting up walls, installing bathrooms and central heating units. (You’ll need to talk to the utility companies so that each address has its own gas, electricity and water meters.)
There are lots of things you’ll need to consider when budgeting for the project, including:
Planning approval from the local planning department
Building regulation approval
Installing new utility meters
Fitting a new kitchen and bathroom
Finance for development
Sound deadening & tests
Separate boilers
Separate heating systems
Creating the second entrance
Decorating costs