The majority of us view our basement flats as ideal storage spaces or as an addition to our homes as our families expand. Others could find it to be the perfect source of rental income. However, drawbacks like a bad drainage system and inadequate ventilation can be a problem. Basement flats are in demand as independent builder floors gain prominence. While some homeowners may convert their basements into living areas for their personal use, others would rather rent them out to generate additional income. However, residing in a basement flat may have negative effects on one’s health because of the building’s propensity for moisture and seepage.

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The advantages and disadvantages of renting a basement flat are as follows:

 

Advantages of having apartment in basement

Enhances the value of homes

Your home’s worth will increase whenever you expand it through construction or other means. If your home has greater space, you’ll be able to get better returns. It is more likely that prospective purchasers will appreciate a basement apartment than you do, elevating your home’s value above comparable properties.

An additional revenue source

A fantastic strategy to increase your monthly income is to rent out apartments in the basement. If you aren’t using your basement unit for storage or any other purpose, you can make extra money each month by renting it out. If you are having trouble finding the right tenant, you can think about renting it to students who are looking for reasonably priced rental properties.

 

Storage objectives

A basement apartment often has a good amount of space, just how you use it matters. Additionally, whether finished or unfinished, a basement apartment will add extra storage to your house. Who doesn’t enjoy extra space?

 

Privacy

Apartments on the first level or any higher floor often offer less privacy. Even though you must share the house or apartment with someone else, a basement apartment allows you to have more privacy.

Having a basement apartment has drawbacks

Lack of appropriate ventilation and natural lighting

The lack of adequate ventilation and natural light in a basement apartment is the most frequent issue because of its location below ground level. You have to rely more on artificial illumination because there isn’t as much sunlight. Rodent activity and mould growth can both be avoided with proper ventilation. Additionally, the lack of ventilation and sunlight causes moisture and air contaminants to become trapped inside the home.

 

Health issues

Due to radon and mould, living in a basement flat can lead to a number of ailments. A type of fungus called mould grows best in damp conditions. The odourless, colourless gas radon, which is detrimental to human health and is frequently found in basement apartments, causes lung cancer. As a result, you should think about these things if you intend to live in a basement apartment.

No windows

Any home needs windows because they allow sunlight and fresh air to enter the building. The house would be much darker if there were no windows. The basement flats, on the other hand, don’t have a lot of windows and can seem oppressive.

Despite the aforementioned drawbacks, a lot of buyers favour purchasing a home with a basement since it gives them the extra room and freedom to make a private space for their family.

 

 

 

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