The multi-generation home offers versatility and space

March 4th 2016
By: Melanie
The multi-generation home offers versatility and space

In recent years there has been a growing demand for multi-generation homes, this is when several generations usually pool their money so that they can afford to buy a larger home to accommodate the whole family – Grandparents, Parents and Children. Many of these families can enjoy a spacious family home even when money is tight, by purchasing somewhere together.
This growing need for the multi-functional home has mainly come from economic factors as the cost of housing has become unaffordable for many first time buyers, and even second time buyers, especially when looking for the space they need for an expanding family. Although there are pros and cons to living as a large family unit under one roof, if the property is laid out to meet everyone’s needs, i.e enough space for everyone, this can be a great option for all concerned.
James Mackenzie, head of Strutt & Parker’s Country Department told the Telegraph: “I won’t be surprised if we see a lot more of the trend towards three-generational living.Grandparents often downsize anyway, to help pay for their grandchildren’s school fees.”
“If they are on the premises, helping with child care, it can save their children a fortune in child-minding fees.”
If you are considering buying a multi-generation house then we have this spacious property for sale near Bassingbourn, which comes with six bedrooms and its own two to three bedroom annexe and double garages. The accommodation comprises hall, living room, dining room, study/office, kitchen breakfast room and conservatory on the ground floor, four bedrooms, two with en-suite and family bathroom on the first floor with a further two bedrooms and wet room/wc on the second floor. The annexe is accessed via the office and comprises two/three bedrooms, kitchen, living/dining room, en-suite to master and family bathroom. EPC Band E. Offers in excess of £800,000, to find out more information please either call the Royston team on 01763 771023 or follow this link.
Source: The Daily Telegraph