2 Bed Houses for Sale

If you add a 3rd bedroom to your house (like if you convert the loft, for example) you can add around 15% to its value. So if your 2 bed was £150,000, you could add £22,500 to its value by adding a 3rd bedroom. Remember to factor in the cost of the conversion when you’re doing your sums though!

If you’re interested in the market difference, according to stats from 2019, there is on average a 29% difference between a 2 bedroom and a 3 bedroom house. It does vary a lot across the UK though, with the smallest jump being in central London, where there’s only a 10% average price hike. The largest percentage difference is in the South West of the UK, where the percentage uplift is a whopping 36%.

The advantage of a two bedroom house over a one bed is that you tend to get more floor space. This is not only because of the extra bedroom, but also because you tend to get a little more wiggle room in either the kitchen, living room, corridors or all of the above. One beds and studios can be very cosy, whereas two beds can have more add-ons, like another bathroom, or access to a garden (in a maisonette, for example).

The advantage of buying a two bed over a three bed property is, of course, the money you’ll save. If you’re deciding between the two options, it’s worth having a browse through the properties available and seeing what jumps out: don’t rule out either 2 or 3 beds. If you can find a 2 bed with potential for extension, this could be a great opportunity to make some money on resale, because adding an extra bedroom adds on average around 15% to the value of the house.

Another advantage of buying a two bed rather than a one bed as an individual or couple who plan to share a room is the extra room you’ll have to play with. Since the pandemic, spare rooms across the country are doing some real heavy lifting, doubling up as offices, gyms, a dance studio, a meditation centre, a place to go to if you need to have a big shout into the abyss. The flexibility of having a spare room isn’t to be underestimated.

Only you can tell us that, love. If your bank statements say “pub, pub, pub, Pret, pub”, then possibly not. If you’ve got enough for a deposit and can afford a mortgage, then yes! There were less affordable mortgages available following the mini budget in 2022, making it harder for first time buyers to get onto the property market. The hope is that mortgages will become more affordable.

Though two beds might be more expensive than one beds, the extra bedroom gives you the opportunity to rent out the second bedroom to contribute to your mortgage repayments. You can find good calculators online to help you start to understand whether it’s a real possibility for you right now. Take a look through the two bed property options on Strike, and get in touch if you want any mortgage advice.