Pros and cons for most investors purchasing on the ground floor has long been a property industry taboo due to a number of buyer preconceptions.
Lower ground floor flat pros and cons.
However there are still multiple reasons why people prefer lower level units.
There s a smattering of newer bigger elevator endowed buildings but 4 5 stories is typical.
Having a flat on the ground floor space means there won t be much sunlight.
That said ground floor flats can be great for those who have mobility problems as there are no stairs and the whole of the flat is of course on one floor.
Since the residence is at the bottom most of the time it will be in the shadow of the ones above it even when the sky is clear.
If you re not sure if ground floor living suits your needs take a look at our list of pros and cons.
We had mould everywhere despite doing everything right to minimize damp keeping the place heated and well ventilated being careful when cooking drying washing outside.
The occupants will have to rely on electricity to lighten the place up even during the day which can be quite expensive.
Less noise than the bottom floor.
It had chronic damp.
You will typically find that the price of a ground floor flat might be around 20 percent less than the price of the upper floors.
If you live on the middle floor you re bound to have less street noise to deal with as well as foot traffic in your halls but you still get some of the same benefits of living lower in the building.
It means there are no cutouts for the balcony elevator or corridor.
I lived in a lower ground flat in a victorian building when i moved to london.
From accessibility point of view one reaches the ground floor quickly giving better access to parks swimming pool and club house heavy items can be moved in and out easily on the lower floors low floor apartments stay cool and that helps in reducing the electricity bill and ac consumption.
And for a taster of the types of ground floor flats available we ve also pulled out a selection of homes that fit the bill currently for sale on zoopla.
A ground floor apartment may have a spacious interior one of the biggest pros of living in a ground floor apartment is the availability of extra square footage.
5 pros of a ground floor flat.
These ground floor apartments often take a good deal longer to sell and appraisers estimate that they stay on the market approximately 70 days longer than the overall average.
I live in brownstone brooklyn where most apartment buildings are 4 story walkups.
Often living on a ground floor unit means potential pest problems increased noise from proximate boroughs and security concerns.