Converting a house into flats can be a profitable property investment, allowing landlords and developers to increase rental income, maximise property value, and appeal to multiple tenants.
✔ Higher Rental Yield – Multiple tenants generate more income than a single household.
✔ Increased Property Value – Well-converted properties can command a higher resale price.
✔ Flexibility for Investors – Flats can be sold individually, offering an easier exit strategy.
✔ Affordable Housing Demand – More renters seek smaller, cost-effective flats in urban areas.
Before proceeding, assess whether your property is physically and legally suitable for conversion: