breathing new life into old buildings: renovation and conservation in liverpool and the wirral
in today’s world, sustainability and innovation go hand in hand, especially in architecture. renovating and conserving old buildings in liverpool and the wirral offers a practical and creative solution to preserve history while addressing modern needs. local architects, including riba-accredited professionals, are leading the way in transforming historic structures into vibrant, functional spaces.
repurposing buildings is more than preserving heritage; it’s also environmentally friendly. by reusing materials like bricks, wood, and steel, architects reduce the demand for new resources, lowering carbon emissions associated with new construction. adaptive reuse projects in liverpool and the wirral have seen old dock warehouses turned into contemporary apartments, art galleries, and business hubs. these areas, once at the heart of the shipping industry, are being revitalized to serve as community anchors while maintaining their historical significance.
architectural innovation in these projects mirrors the principles outlined in jane jacobs’ the death and life of great american cities. by reintegrating neglected spaces into urban life, local riba architects help create thriving neighborhoods. these renovations also foster a sense of identity, bridging liverpool’s rich maritime history with its dynamic future.
for homeowners, developers, and conservation enthusiasts, working with experienced architects in liverpool and the wirral ensures projects are both visionary and sustainable. whether it’s a dockside warehouse or a victorian townhouse, renovation and conservation breathe new life into buildings, reducing waste and creating lasting value.
preserving the past while building for the future—liverpool and the wirral are leading the way in architectural innovation and sustainability.
Feel free to reach out by phone, or call into our studios for a complimentary consultation with our team.
trend report: decorex international 2024: best of british
based in london, decorex is the UK’s annual celebration of interior design. it’s a great research experience for designers who can discover emerging and established brands, gain industry insight through guest speakers and connect with fellow designers.
in 2024, sustainability remained at the forefront of design through the use of responsibly sourced and recycled materials, plus a focus on circular design, with products designed for longevity contributing to a longer product lifecycle. Aside from that, there was an abundance of use of colour, clashing prints, maximalism, and bespoke designs.
in this trend report, we have chosen to highlight British designers and brands that showcase the modern heritage, craftsmanship, and natural elements trends.
craftmanship: original btc
lighting company original btc uses traditional methods to produce beautiful contemporary lighting designs with each bone china piece produced in stoke-on-trent, where now only a handful of ceramics factories exist.
the fin range uses organic shapes for a modern yet classic design that appeals to consumers' desire for timeless designs that fit the craftmanship trend.
natural elements: holmes bespoke x hyde house
holmes bespoke has partnered with british furniture specialist hyde house to introduce an exclusive furniture collection that focuses on craftsmanship, sustainability and the use of natural materials aligned with the natural elements trend.
inspired by holmes bespoke’s latest hidden gems collection, the pieces are expertly handwoven from premium, sustainable new zealand wool offering a luxurious and durable fabric ideal for upholstery.
modern heritage: tatie lou
tatie lou was founded by louise wargnier in 2019, an experienced textile designer and expert in the japanese art of shibori; she was able to transfer her work to striking wallpapers, velvets and beautiful fringed lampshades. working with local suppliers and manufacturers means tatie lou is able to reduce waste and carbon footprint.
deep colour and pattern are key elements of a modern heritage style which fits perfectly with tatie lou's latest collection which draws inspiration from the rococo period successfully combining this ornamental style with a rich modern colour palette.
Redefining Rental: The Rise of HMOs and Their Influence on UK Housing Dynamics
Over the past few years, the UK rental market has seen a noticeable increase in the conversion of single-family homes into Houses of Multiple Occupation (HMOs). Due to several socioeconomic causes and governmental developments, this trend has considerable effects on both landlords and tenants.
HMOs became popular as student housing, offering shared living areas to students looking for low-cost housing. However, the environment changed in the mid-2000s with the introduction of "professional" HMOs. Investors realised that renting out well-kept, aesthetically pleasing shared residences to working adults—who were prepared to pay premium prices for individual rooms—was a profitable business strategy. This movement was spurred by the difference between housing prices and earnings growth, making renting the sole realistic alternative for many people.
The Private Rental Sector (PRS) saw legislation tightening, with a special focus on HMOs. To guarantee the safety of tenants, requirements for risk assessments, fire safety precautions, and licensing were implemented. Regulations grew over time, including requirements for minimum room sizes and designating a responsible individual for fire safety compliance. Although living standards have increased as a result of these measures, administering HMOs has become more complicated and expensive.
Environmental and Physical Implications
The rise of HMOs has sparked concerns about their environmental impact and physical repercussions for tenants. From an environmental standpoint, converting single-family homes into shared accommodations can result in increased energy usage and carbon emissions per person. Furthermore, the higher tenant density in HMOs may put an additional burden on the utilities and local infrastructure, aggravating environmental challenges.
Physically, renters in HMOs could have cramped living quarters, little privacy, and possible health hazards because of shared amenities. Tenants may have to settle for lower living conditions because they have fewer options, and these issues are frequently more noticeable in places where there is a significant demand for affordable accommodation.
National Differences and Socio-Economic Factors
The presence and impact of HMOs vary by location in the UK, depending on socioeconomic conditions and housing market trends. HMOs may have lower rental yields in high-value locations like London and the South East, but demand keeps them appealing as investments. On the other hand, areas with greater yields, including Wales and the North West, are popular places to invest in HMOs.
Furthermore, the HMO market is significantly shaped by socioeconomic differences. HMOs may be a crucial source of inexpensive housing for low-income individuals and families in more deprived locations. A focused approach is necessary to address housing disparities because tenant rights and the quality of lodgings may vary greatly.
The profitability of HMOs today
HMOs continue to be a profitable investment despite the difficulties brought on by legislative changes. Strong rental yields result from rising rents and a high demand for all-inclusive room rentals; HMOs outperform conventional buy-to-let properties in this regard. According to the PRS research from Paragon Banking Group, HMOs in the UK are yielding the highest returns, with rates ranging from 6% to 9%.
For HMO landlords, however, there is now a new obstacle in the form of the steep increase in mortgage rates and energy costs. Those with high loan-to-value mortgages may incur additional financial burden, emphasising the significance of careful financial planning and regular investment performance monitoring.
HMO Hotspots Right Now
The demand for HMOs varies by region, with some emerging as hotspots for investment. Opportunities have increased in cities including Liverpool, Manchester, Bristol, Durham, and Glasgow, especially in student housing where there has been a shortage recently. Wales offers the highest returns, followed by Yorkshire & Humber and the North West; London and the South East, with their high property values, give lesser yields.
As a result of reasons like investor demand, regulatory changes, and affordability challenges, the number of houses being converted into high-rise apartments and houses (HMOs) is on the rise in the UK rental market. While HMOs have the potential to increase rental yields and housing availability, they also present issues in terms of environmental sustainability, tenant well-being, and socioeconomic inequities. To ensure a fair and equitable housing market for all, addressing these difficulties requires a multifaceted approach that combines regulatory measures, investment in affordable housing, and community engagement.
Get in touch today!
At Studio16a, we understand the complexity of the HMO market and are devoted to assisting you in navigating this constantly evolving environment. With our combined experience in real estate and architecture, we can help you explore the possibilities of HMO homes and realise your financial goals.
Whether you're thinking about property management, remodelling, or HMO conversions, our experts can offer solutions that are specifically designed to match your requirements.
To explore your HMO investing objectives, get in contact with Studio16a today.
