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ANNEXES ADD FLEXIBILITY AND VALUE AS BUYERS LOOK FOR MORE FROM THEIR HOMES

Homes with annexed accommodation are becoming increasingly appealing to buyers seeking flexible living arrangements, potential rental income and long-term value, according to Yorkshire estate agent Dacre, Son & Hartley.

Against a backdrop of rising living costs and higher borrowing expenses, annexes are attracting buyers looking beyond traditional family accommodation. Once primarily associated with housing elderly relatives, they now offer solutions for multigenerational living, home working and generating supplementary income.

Sales valuer Andrew Skelton, from Dacre, Son & Hartley’s Ripon office, said: “An annexe can make a real difference to how a property works for its owners. Buyers are increasingly thinking about how their home might meet their needs in the future, as well as how it can work for them today.

“Whether it is providing independence for family members, creating space to work from home or offering the potential for additional income, an annexe gives homeowners options.”

Multigenerational living is a key driver of demand, with annexes allowing relatives to live close together whilst retaining privacy and independence. Shared accommodation can also help families manage household expenses, support childcare arrangements and give adult children space to live independently while saving to buy their own homes.

Annexes may also offer the potential to generate rental income, subject to relevant planning, regulatory and property requirements. Andrew added: “The continued popularity of hybrid working has increased demand for separate office space, whilst adaptable accommodation can also provide practical options for visiting guests or older relatives who need additional support.”

Two properties currently for sale with Dacre, Son & Hartley illustrate the appeal of an annexe. Number 36 College Road in Ripon is a substantial seven-bedroom end-of-terrace house featuring a lower-ground-floor annexe. The layout could suit buyers seeking to accommodate family members or create separate living areas. The property is on the market for £925,000.

Becklands on Minskip Road, Boroughbridge, is an impressive six-bedroom detached house with an attached annexed bungalow. Its separate accommodation could provide independent living for relatives or offer scope for alternative uses. The property is on the market for £950,000.

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Dacre Son and Hartley

One of Yorkshire’s most established estate agents, we’ve been providing expert residential sales and lettings services for over 200 years. Our property advice is built on sound local knowledge and our outstanding professional team, complimented and enhanced by cutting-edge technology. We pride ourselves on delivering personalised, reliable service across our network of 18 Yorkshire offices.

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