When properties are listed they are deemed to be of high interest to the surrounding areas culture and or heritage. This categorisation is used to protect the buildings from physical and environmental changes being done in the surrounding area. Buildings are listed based on four different varieties: age and rarity, unique architectural approach and whether it has a historical or cultural value. The problem with buying these properties is if you plan to modernise, alter or extend said property under the legislation you cannot. Getting planning permission can be time consuming and tricky. With new property trends coming into play listed properties are seeming like no-goes.
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Would you buy a listed property?