New terraced houses

Cup’d

Kitchen

Living room

Bedroom 1

Bedroom 2

Dining

Bathroom

En Suite

Ground Floor First Floor

Note: Floor plans are illustrative examples only. Any similarity between

actual designs, layouts and/or specifications is purely coincidental.

Terraced new homes

Terraced housing is a row of similar looking houses side by side forming a row of housing that share side or Party Walls. The end houses are often called end terrace and may be slightly larger homes than those in between. New builds are normally two bedroom properties.

For:

Freehold title - no management charges.
Relatively cheaper than end of terrace and detached houses.
No neighbours above and below unlike a flat
Easy to sell when the time comes, and hold value.
Cheaper to heat (fewer outside walls) and being smaller than a larger house
Lower Council Tax banding than more expensive home.
Potentially more social contact with neighbours than with detached houses.

Against:

Reduced privacy and potential of noise through the party wall
Can be noisy with young families and perhaps social housing tenants.
Smaller rooms and limited storage space.
Bathroom windows are unlikely
Little or no front gardens.
More maintenance than a flat

Size and value for money

A typical new two bedroom terraced house is around 750sqft. A three bedroom terraced house is around 1090sqft. In 2012 in West Sussex, a 2 bedroom terraced house was priced at £195,000, equating to £264 per square foot. A 3 bedroom terraced house was £280,000 equating to £257 per square foot.

Who are they for:

First time buyers. Buyers who would like a garden. Young families. Buy-to-let landlords.

Who are they not suitable for:

Those who like privacy and quiet. Elderly retired buyers. Buyers who can afford other alternatives or need more room.

Our advice

Neutral! The main disadvantage is that newly built terraced houses are very small with no front garden. Two bedroom houses being less expensive are easier to sell and can hold their value. Avoid any new build terraced houses with timber frame construction. See also What to look for when buying a new home.