Buying

Maisonette vs Apartment Explained

Posted February 28, 2024
Maisonette vs Apartment Explained

Getting your first home is a big deal. It’s full of excitement but also leaves you with many decisions. For many first-time buyers, figuring out the best type of home is key. Maisonettes and apartments are two top picks, and each suits different needs and tastes.

In this blog, we’re comparing maisonettes vs apartments. We’ll clear up what these are and point out what sets them apart. Maybe you like the idea of a maisonette or prefer the vibe of an apartment. Knowing how they differ is important to make a choice that’s good for you now and down the line.

We’ll check out what makes each unique, from how they’re built to what owning one means for your lifestyle. Whether it’s the privacy a maisonette gives or the sense of community in an apartment complex, we aim to give you all the info to help decide with ease.

What is a Maisonette?

Maisonettes first popped up in the UK during the late 19th and early 20th centuries. They offered a mix of house space and flat costs during a time when cities were growing fast.

These homes became popular in London. They offered a way to have your own space while living in the city. Each maisonette has its own entrance and more than one floor, which helps keep things private and comfortable.

They mix features from both houses and flats. You often see them with balconies, patios, or gardens for enjoying outdoors. Having its own entrance makes it feel more like a house and stands out for those who want something unique.

People like them because they blend privacy with affordability. This can mean they’re worth more when selling or renting.

The layout of maisonettes sets them over two levels with stairs inside. This layout gives you room to experiment with design and keeps living areas separate from workspaces.

Since there aren’t too many around, their special traits can make them pricey, especially in tight city spots.

What is an Apartment?

Apartments came into the picture during Victorian times but really took off after World War II because of a big need for housing.

The 60s and 70s brought high-rise buildings in big cities, offering anything from simple to fancy places to live that catered to different people’s needs.

Apartments range from single-room studios to large multi-bedroom units. This variety means there’s something for everyone’s budget and lifestyle. Depending on their location in the building, some have superb views of the city.

Modern apartments might have services like a concierge, shared spaces, high-tech home systems, and fast internet. These make living there convenient. Events held within these complexes also make it easy to meet neighbours.

Buying an apartment can be an investment through rental income or value growth. They’re especially appealing for first timers or those into city life because they’re less costly than buying a house outright.

What are the Benefits of Living in a Maisonette?

  • Maisonettes mix the privacy of a house with the handiness of apartment living.
  • One benefit is having multiple floors. This setup separates living and sleeping spaces like in traditional houses. It makes the home feel more organised and private.
  • Maisonettes often have their own entrances. This feature adds to the sense of privacy and exclusivity, valuable for those wanting their own space.

What are the Drawbacks of Living in a Maisonette?

  • Living in an older building might lead to higher upkeep costs, especially if it’s not well kept.
  • Because of their classic design and shared walls, maisonettes might not have the latest features that new apartments do.
  • The leasehold agreement could limit how much you can change your home, affecting your ability to make it your own.
  • Having two floors means you can arrange your sleeping and living areas more freely.

What are the Benefits of Living in an Apartment?

  • They may have lower maintenance responsibilities because they usually manage property maintenance collectively.
  • Often in city centre locations, making it easy to travel to work for professionals.
  • Often more affordable than buying a house, making them a good option for first-time renters or buyers.
  • Flexibility in lease terms which is beneficial for people who move frequently.
  • Built-in community that can be great for socialising and networking.
  • Efficiency in heating and cooling because of shared walls, potentially leading to potential lower utility bills.

What are the Drawbacks of Living in an Apartment:

  • Lack of outdoor private space, such as a personal garden or yard.
  • Limited parking availability or additional costs for parking spaces.
  • Smaller living space and storage options compared to standalone houses.
  • Potential for stricter pet policies, limiting the types or sizes of pets allowed.
  • Less autonomy in making significant changes or renovations to the living space.
  • Service charge or ground rent might apply to some properties.

Frequently Asked Questions

Who owns the garden in a maisonette?

Garden ownership in a maisonette setting differs base on property agreements; it might be only for the maisonette resident’s use or shared among occupants, this will be stated in the lease terms.

Are maisonettes primarily freehold or leasehold?

Maisonettes can be freehold or leasehold, though leaseholds are more common, with freehold options providing greater control over the property, including potential for extensions.

Is it possible to extend a maisonette?

Extensions on a maisonette are workable but may require consent from the landlord for leasehold properties, or adherence to local planning permissions for freehold owners.

Maisonette vs Apartment Key Takeaways

  • Maisonettes: Offer the space of houses with the cost-effectiveness of apartments/flats, featuring private entrances and outdoor spaces, popular for their privacy and unique design.
  • Apartments: Historically grown since Victorian times, these range from basic to luxury, located for convenience and community living with modern amenities.
  • Investment Potential: Maisonettes have a high resale value because of the rarity and unique features; apartments can yield solid rental incomes, especially in sought after locations where there is a lack of housing.
  • Advantages: Maisonettes merge house privacy with flat maintenance benefits; apartments feature lower upkeep costs, location perks, and community events.
  • Limitations: Maisonettes may face higher maintenance fees and renovation restrictions; apartments could lack outdoor spaces, have parking limitations, and smaller living quarters.