When it comes to investing in property, there is no right or wrong - it simply comes down to the property type, a person’s financial situation and what is best suited to individual circumstances.

However, that being said, when it comes to older homes, and in particular, graded or listed properties - these are typically much more desirable. 

That isn’t to say that newer homes aren’t desirable, they just tend to attract a different audience and buyer, and with new build properties being continuously built, they don’t have the same ‘novelty’ feel as something much older.

But, if you’re looking to purchase an older home or a graded or listed property in 2025, here are five key things to consider. 

1. Property size, land and build quality

With a much older property, you often get a lot more space. From larger rooms and more of them, to huge, open gardens or even a sizeable amount of land - space is something you simply do not get with a new build home. But with this, comes an increased sale price.

Older properties are typically known for having a much better build quality making them much longer lasting, however depending on its age, there may be some damage, movement and wear. Because of this, it’s recommended to utilise the help of experts and a level 3 RICS building survey to take a thorough look at the property and its condition. 

Yes, older properties may be more appealing and appear to be much longer lasting but they must have been built correctly and typically well looked after. If not, the cost of repairs may be too significant, leaving investors and homeowners out of pocket.

2. Adding value

With newer build homes becoming much more common and with us seeing such an increase in the number of these being built year on year, this makes an older property much more desirable. 

This also means that older homes, graded or listed buildings often come at a more premium price - however, this also means that the potential to add even more to its value is a huge benefit.

Because of the generous size of older homes, their gardens and land, this makes the potential  to improve, extend and renovate a huge opportunity, particularly to investors.

Before going through with such a huge project (and investment), it’s important to consider the support of an expert - from RICS surveys to archeologists and builders, we advise understanding everything there is to know about a property before making a final decision.

3. Requirement of works

Everybody is different - some investors and homeowners may be up for a challenge in terms of ongoing repairs, maintenance or even rebuilds. However for others, convenience and untouched is the perfect solution, which is where new build properties come in. So first and foremost, you must consider what the most important elements are to you. 

A new home requires little to no work, or if you’re up for the challenge, an older property can be the ultimate renovation and could require a huge amount of maintenance, or it may just need a little bit of extra TLC.

A RICS survey and homebuyers report will tell you everything you need to know about a property. From small issues such as fine cracks, to much larger issues such as damp, mould, structural defects and excessive movement, a homebuyers survey will give you the confidence to decide whether or not the requirement of work is right for you, your budget and your needs.

For many, the renovation could lead to the ultimate long-term investment!

4. Character and charm

One thing you are guaranteed to get with an older home, listed or graded property, is character and charm in abundance!

From rustic exteriors to stained glass windows, original fire places and brickwork, the characteristics of an older property is something you simply can’t get from a new build. And, whilst you can do your best to replicate certain features, it’s never quite the same as the original.

All of this is what continues to add value to a property, too. If you’re seeking something unique and want a deeper connection to a house - residential or commercial - then old is gold!

5. Restrictions

More relevant to graded and listed properties, building and planning restrictions are something to consider.

Whether the land has restrictions or the property is built in a conservation area, or features such as windows need permission to alter, this is something else to consider.

Whilst things are still possible, restrictions can make things a lengthier process - but one that may be more than worth the wait.

Older properties - do or don’t?

There’s no right or wrong when it comes to property, it simply depends on a person’s circumstances.

If you’re looking for a longer-term investment, aren’t afraid of a bigger project and want to prioritise character, charm and space - an older property could be just for you.

It’s important to weigh up the pros and cons, work out your end goals and enlist the help of a trusted RICS survey to ensure that you’re aware of all there is to know prior to completing your purchase.

To arrange a free quote or consultation with a member of our team, please contact us today!