The rise of the three bedroom house
Offering more flexibility than a 2 bedroom home and significantly less expensive than its 4 bedroom counterpart, 3 bedroom properties are making a comeback, holding broad appeal to a wide variety of purchaser, according to Jane Bailey, Sales Manager at Bewley Homes whose Oakham Park development, situated on the edge of Crowthorne, offers a selection of terrace, semi and detached three bedroom properties for sale.
“Three bedroom houses are popular” says Jane. “They offer sufficient accommodation, more versatility than a 2 bedroom home and they are more affordable than a property with more bedrooms.”
The result has seen the popularity of 3 bedroom homes soar to new levels as first time buyers, downsizers, professional sharers, investors and young families all vie to secure them.
“Whilst every individual has different needs, almost without exception every buyer is taking a medium to long term view on investing in property. This means that whatever property they end up buying, it has to be versatile enough to last five or more years. We believe this is one of the reasons why 3 bedroom homes have become so sought after.
“First time buyers, many of whom are now in their mid 30s, love the idea of a 3 bedroom home. Whilst a bigger investment than a 2 bedroom house, it provides a medium term solution to their housing requirements – enabling them to get a foothold on the property ladder and providing enough space to accommodate a change in circumstance – such as starting a family – should it arise.
“Downsizers are more focused on reception rather than bedroom space. Many will favour a 3 bedroom house and will utilise one of the bedrooms as a study or hobby room. This reduces the amount of ‘clutter’ in reception areas, enabling them to dedicate more formal rooms to entertaining. Many prefer having a house to a flat because of the provision of outdoor space and each of our Oakham Park 3 bedroom houses comes with garden and parking (some with garages).
“A third bedroom makes sense to professional sharers, providing them with the option of letting out the third room should they need to, or utilising it as a study for those who work remotely – a trend which is increasingly on the rise as working patterns become more flexible.
“Whether buying solely to let out or as a future proofing solution for themselves, investors are keen advocates of the 3 bedroom house. From a rental perspective, they know that having three bedrooms rather than two, means their property will appeal to a wider tenant base, attracting professionals as well as families but without the higher price tag that a 4 bedroom property would inevitably have.”
Bewley Homes is offering a selection of 3 bedroom properties at Oakham Park, its new development situated on the edge of Crowthorne. Prices start at £465,000. Help to Buy available.
For more information or to view, contact Bewley Homes on 01344 466011 or email: firstname.lastname@example.org
Learn more about Oakham Park