Comprehensive Guide to 2 Bedroom vs 1 Bedroom Granny Flat Floor Plans
Granny flats are a smart investment everyone in the real estate world deserves. They are the easiest way to generate more income as well as increase your property value. However, as good as they sound, the main challenge lies in choosing a granny flat floor plan.
So, 2-bedroom granny flat floor plan vs. 1-bedroom granny flat floor plan – which is the right pick? Tough as it may be, you must make the bold decision to ensure your needs and those of your loved ones will be met in the years to come.
If you are in such a dilemma, we are here to rescue you! In this comprehensive guide, we will share a detailed comparison between 2-bedroom granny flats and 1-bedroom granny flats, outlining their benefits, limitations and cost analysis. Ready to know which best fits your needs? Stick around!
1-Bedroom Granny Flat vs. 2-Bedroom Granny Flat – Everything You Need to Know
Granny Flat Floor Plans
Before we make the comparison, allow us to give you a vivid explanation of the granny flat floor plan. Understanding the floor plan concept will make it easier to make the right pick.
The floor plan is typically a technical drawing that includes the dimensions and layout of the rooms within the granny flat. The dimensions are designed to ensure that every square metre of your property is well utilised, no matter how small the space is.
Now, floor plans can vary depending on a person’s preferences and local building codes. If you live in Sydney, Western Sydney, Campbelltown or Liverpool, here are some standard features you can expect.
- Living area: A multi-functional space usually includes a living room and dining area.
- Bedroom: Can be a studio, one bedroom or more
- Bathroom: Includes a toilet, sink, shower, bathtub and space-saving fixtures
- Kitchenette: Usually, an open-layout kitchenette
- Entrance/Exit: Can be separate or shared
- Outdoor Area: A patio, deck, or garden (depends on design and the available space)
Limitations and Considerations
Occupancy Restrictions: If you have a large household, a 1-bedroom granny flat may fail to meet your needs.
Functionality Trade-offs: A 1-bedroom granny flat may require you to compromise your house’s functionality. For instance, if you want a bigger bedroom, you may have to minimise the space in the living area or kitchen.
Resale Value: With larger families in Sydney and surrounding areas, finding a buyer may be challenging.
Exploring 2-Bedroom Granny Flat Designs
2-bedroom granny flats designs have become increasingly popular in Sydney and the surrounding areas. Let’s explore why most people are investing in them.
Advantages of 2-Bedroom Layouts
A 2-bedroom granny flat for sale has ample space; thus, it’s much easier to get a wider demographic of renters. Your property value is also likely to shoot high, given that most 2-bedroom granny flats in Sydney have an outdoor area. There is more! The advantages extend further for those who want a 2-bedroom granny flat as a primary home. You can use the higher number of rooms as a guesthouse, limiting hotel expenses.
Space Utilisation in 2-Bedroom Designs
A 2-bedroom flat Sydney is more spacious compared to a 1-bedroom granny flat. It features two separate bedrooms, an open kitchenette, a living room, and a dining area, which saves space by minimising the number of walls. A combined or separate laundry and bathrooms and an outdoor living space can be a patio, deck or porch.
Comparing 1-Bedroom and 2-Bedroom Floor Plans
This goes without even saying. A 2-bedroom granny flat cost will be higher compared to a 1-bedroom granny flat cost. Let’s get technical here for a minute. Given that the 2-bedroom granny flat is calling for a higher room, the construction materials and labour costs will most definitely round up to thousands of dollars.
However, as much as the upfront costs are high, the amount of money a 2-bedroom granny flat will generate in the long run is higher than a 1-bedroom granny flat price. Want us to do a little maths for you?
Constructing a one-bedroom granny flat can range anywhere from $100,000 to $150,000, depending on the size and design. Now, the average rent of a 2-bedroom granny flat in Sydney is $400-450 pw. If you sum up that money in 2-5 years, you can easily buy a one-bedroom flat.
Functionality and Flexibility
As discussed earlier, a 1-bedroom granny flat is less functional and flexible than a 2-bedroom granny flat for rent. With space being a constraint in a 1 bedroom granny, you have to sacrifice space in some components of your granny. This implies that if you want a spacious living area, you may have to sacrifice the space in your bedroom or kitchen. As a result, you limit the functionality and flexibility of your kitchen and bedroom.
Granny flats floor plan 2-bedroom, on the other hand, are more spacious and designed to ensure that the available square footage is used efficiently and effectively. Such designs can include the open-concept living. This design allows a smooth flow between different functional areas.
Key Considerations in Choosing the Right Floor Plan
Assessing Your Needs
What do you intend to use the granny flat for? Do you want to bring your ageing parents close to you? Or are you looking to venture into an Airbnb business? If this sounds like you, a 1-bedroom granny flat will serve you well.
For those seeking to rent or use the unit as a primary home to accommodate a growing family, a modern 2-bedroom granny flat plan will do the trick.
Budget and Land Size
Your budget and available land size go a long way in dictating the type of floor plan you go for. Researching the 2-bedroom granny flat prices as well as the bedroom will give you an overview of what your budget should look like. From there, use your available space to narrow down your options.
If you have a smaller plot, a 2-bedroom granny flat may not be an idea, especially if functionality and flexibility are your priorities. If you have the money to blow and ample space, there is nothing wrong with investing in a granny flat 2-bedroom design. If you have the money but space is a problem, you may need to prioritise having a larger living space and maintaining an outdoor area.
Legal and Zoning Considerations
Navigating Local Regulations
Local zoning regulations often stipulate minimum setback requirements and the maximum allowable coverage on a property. Ensure you comply with these rules by ensuring your 2-bedroom granny flat doesn’t exceed the allowed coverage. You can have a local granny flat builder guide you through the process.
Obtaining the Necessary Permits
If you are new to real estate in Sydney, Western Sydney, Campbelltown, and Liverpool, you must acquire permits to comply with the local guidelines. Navigating the local authorities may be challenging, which is where the Brickwood Homes team comes into the picture. We are well familiar with the ins and outs of the Sydney real estate market and can acquire permits in no time.
- Flexibility and functionality are core when it comes to making a long-term investment.
- Adhere to the local regulations and attain necessary permits to avoid costly problems.
- Consider both your long-term and short-term needs before making the choice.
Experts suggest that 2-bedroom granny flats are a cost-effective smart investment worth the risk. They are flexible and functional and can accommodate all types of needs. Whether looking for a primary home or a unit to rent, 2-bedroom granny flats are the best.
If you are ready to begin the exciting journey of owning a 2-bedroom granny flat, Brickwood Homes are ready to partner with you and bring that dream into reality. With our expert granny flat builders, we will help you design and build a stylish and luxurious 2-bedroom granny flat! Contact us today to discuss your needs.