Terraced House Loft Conversion Cost Guide 2024

Terraced house homeowners, if you are looking to convert your loft into an extra living space, this guide will set you on the right track. We will explore common conversion styles and their associated costs, supply costs, rules and regulations and ways you can reduce the costs of your conversion.

Construction costs can vary based on various factors, including location, the size of the loft, the complexity of the project, and the materials used. Keep reading to find out more!

There are various options for loft conversions in a terraced house and these commonly include Velux, rear dormer, L-shaped dormer and mansard conversions. On average, a small-sized 25m2 rear dormer loft conversion will cost approximately £31,250, at £1,250 - £1,350 per m2. 

In addition, larger conversions will cost more, however, the total cost will depend on many factors. One of these factors is the location of your property. For example, if you live in London, you will see higher costs in comparison to properties located in more rural areas.

We have included the average costs for each type of conversion in the table below.

The price range for a Velux loft conversion is between £15,000 - £25,000. In comparison to other conversions, you may consider this to be an inexpensive option. 

The conversion involves adding Velux windows to the preexisting roof line. This project also includes adding heating elements, lighting, and insulation to the space. Other primary modifications involve the construction of a staircase and flooring. 

This conversion will cost between £25,000 - £50,000. This price range is a result of the different dormer conversion types available, which range from small-scale to larger, more extensive projects. The dormer conversion type involves installing one or more dormer windows in addition to improving the current loft space, such as changing the flooring and plastering the walls.

Other factors that will affect the cost are the finishes used and the state of the loft before the conversion. The dormer conversion adds an additional area that extends beyond the roofline. Although they cost more than a roof light conversion, they are suited for almost any type of property.

On average a hip-to-gable conversion ranges between £40,000 - £70,000. The scale of the conversion will determine the final cost. A larger project will require more materials and supplies, which will increase the costs. Also, if the project takes longer to complete then the labour costs will rise. 

When a hip-to-gable conversion is constructed, the roof's shape is altered. The roof is extended to the border of the house along its uppermost section.

As a result, the house will no longer have a sloping roof on the side, but rather a vertical gable that can be made with brick or tile. This creates a lot of additional space. 

Although mansard conversions are the most expensive at £40,000 - £75,000, they offer the most space. It can be a suitable choice for families that need to maximise their space and create a whole functional floor. 

The cost range is dependent on the material used, the finishes added and the scale of the project. Also, as this conversion is the most complex, it will take longer to complete and this will increase labour costs. 

The entire shape of the roof is altered in the Mansard conversion style. The roof is designed to be flat with the new walls angled at seventy-two degrees. From the outside, the walls will appear almost vertical.

An estimated cost of a standard Velux loft conversion with one, two, or three bedrooms can be seen in the table below.

Windows, flooring, lighting, insulation, and other supply materials are needed for your loft conversion. Materials represent one of the most significant costs. The most popular materials for loft conversions are listed here, along with their associated costs.

Window Costs

The table below showcases the costs of Velux and dormer windows.

Flooring Costs

The following table displays the costs of flooring materials per m2. 

Insulation Costs

The table below shows insulation materials and their cost per m2.

Stairs Costs

The table below also shows the different types of stair options and their cost per m2. 

Labour Costs

The amount of labour required for your loft conversion project will be one of the single largest expenses. The entire cost of labour for a conversion might range from £14,000 to £35,000, depending on its size and style.

The hourly rates of several craftsmen are as follows:

Even while not all building contractors will require full architect plans, it is a good idea to have them created so you can clearly understand the scale of the project. 

Simple architect plans will approximately cost £500 whereas more detailed plans can cost up to £2,000. 

There are various factors impacting the cost of a conversion. We have outlined the most important below. These include the roof structure; the condition of the existing loft; rules and regulations, and the necessity of a Party Wall Agreement.

The type of roof your terraced house has can significantly impact the amount of structural reconstruction required. If your terraced house has a modern trussed roof it often complicates later modifications or conversions due to its specific design, making it more expensive for loft conversions. 

If significant alterations on the existing roof or reinforcements are needed to support the conversion, costs can increase. For instance, reinforcing the roof to accommodate the additional weight of windows may require structural modifications.

If your loft already has a staircase in good condition that complies with recent rules and regulations, you can bypass the expense of installing a brand-new one.

However, if a new staircase installation is needed, consider placing it above the staircase on the floor below, rather than creating a new pathway, this can be less expensive.

The type of staircase you select as well as the material will affect the supply cost of a new staircase.

The cost of a softwood staircase may vary from £400 for a straight flight of stairs to £4000 for stairs with a z-shape. The cost of a hardwood staircase is a little higher; single-winder staircases start at £1400, while triple-winder stairs cost £4000.

A glass staircase can be a better choice if you desire a more modern design. Glass staircases typically cost between £1500 and £3500. Metal steps are an additional alternative that is somewhat unique and usually costs between £1450 and £3450.

The condition of the existing loft can impact costs. If the loft requires significant repairs or alterations before the conversion work can begin, additional expenses may arise.

The extent and cost of these renovations will vary depending on the specific condition - if there is any existing damage, decay or rot.

Before beginning your loft conversion, you will need to take into account any planning permission requirements and the Party Wall Act.

Homeowners need to obtain the necessary approvals and comply with building regulations when undertaking projects like loft conversions to ensure the work is done safely and legally. This can help maintain or even enhance the property's value in the long run.

When selling a property, potential buyers and surveyors often look for evidence that any alterations or extensions have been carried out in compliance with building regulations.

If there is uncertainty or evidence of non-compliance, it can raise concerns for buyers, and they may negotiate a lower price to account for the potential costs associated with not following regulations. 

While planning permission is not always necessary, it is sometimes required for loft conversions.

The exact cost will vary depending on your local government and the area in which you reside, such as an area of natural beauty or conservation area. For example, an application for planning approval in England can cost £206, £300 in Scotland, £291 in Northern Ireland, and £230 in Wales.

Although it is not necessary, it is advisable to obtain a Lawful Development Certificate (LDC). This proves that the loft conversion is within its legal borders. An LDC can prevent problems with future sales and it costs between £100 and £250.

In terraced or semi-detached houses, where the loft conversion may affect the party wall shared with neighbours, a Party Wall Agreement is required. The process and associated fees for such agreements can influence the overall project cost.

The Party Wall Act of 1996 stipulates this. Depending on the professional advisers hired, costs may vary; however, some Party Wall experts provide the full service for about £1,250. A mid-terraced house will need to get this agreement on both sides of the property.

If you are looking to create a 30m2 dormer in a mid-terraced house, the table below gives price estimates of the project. 

As we discussed, several factors might affect how much a dormer conversion for a mid-terraced house will cost. Location, project requirements, and contractor rates are just a few of the variables that can affect the final cost. For this reason, it's critical to acquire personalised quotes that take your unique needs and costs into account.

Converting your loft is not a cheap project; however, there are a few tips you can apply to reduce some of the expenses. Here we listed some savvy saving strategies.

There are a few finance possibilities, such as conversion loans, if your conversion budget has been exceeded. Some loft conversion companies provide loft financing via a third-party company; this financing works similarly to that of financing a car, a three-piece suite, or white goods.

If the financing is approved, you won't need to find a sizable down payment or go through the hassle of evaluating your home and determining your affordability - both of which your mortgage lender will demand. Instead, you may move forward with your loft conversion project.

Even while the interest rate and monthly payments are higher than those provided by a mortgage lender, you will typically pay off the loan faster and end up saving more money overall than if you were to get the money from your mortgage lender.

A secured loan is another option for financing your conversion project. It is a kind of personal loan where the collateral is your possessions. This implies that you risk losing your house if you don't make your repayments.

However, when compared to a re-mortgage, these are usually a faster way to get financing and offer you more options for lenders. Interest rates can change based on your credit history and unique situation. It's also important to keep in mind that the payback duration is often much shorter than that of a mortgage.

To obtain the best possible deal, customised quotes must be compared. A precise cost estimate can be provided through personalised quotes as these take the unique features and needs of your terraced home into consideration. 

Terraced houses come in a variety of designs, layouts, and structural issues. It is therefore imperative to get tailored quotes. In addition, customised quotes are more likely to include all project-related costs, which lowers the possibility of unforeseen or hidden costs surfacing during the building stage.

With the aforementioned advantages in mind, using our website to compare quotations will help you save money.