While only a surveyor can provide a specific figure, a new bathroom typically boosts property value by about 4-5%. Especially for properties over £150,000 with bathrooms older than 15 years, the added value can often surpass the refurbishment cost. It’s a unique opportunity where you enjoy the upgrade and potentially profit when selling.
Many homebuyers, who usually finance purchases through mortgages, prefer homes with updated bathrooms to avoid immediate renovation costs. A slightly higher mortgage for a refurbished bathroom is often more manageable than a lump sum renovation expense after purchase.
