Pros and cons of owning a listed property

Listed properties are those that are considered to be of architectural or historical importance or interest. List properties are typically very beautiful and situated in idyllic settings. For example, many thatched roof properties are listed buildings.

If you’re considering buying a listed properties then it’s a good idea to be aware of the pros and cons that go along with ownership. Whilst there are many positives to owning a listed property, there are also drawbacks that may be enough to put you off.

Below are the biggest pros and cons of owning a listed property.


  • You own a piece of history – For listed property owners, knowing that they own a piece of history is a very satisfying feeling. Listed properties have a unique character that makes them appealing and of special interest. Getting to live in such a property is a privilege that few people get to enjoy.
  • Applications have a high approval rate – Because councils usually want properties to be lived in and well maintained, the application rates are very high (up to 90% according to English Heritage). This means if you’re able to afford a listed property and are prepared to accept the responsibilities that ownership comes with, there’s a very high chance you’ll be approved.
  • They appreciate in value – When compared to regular properties, listed buildings typically appreciate in value very well. It’s quite rare for a listed property to lose value providing it hasn’t been damaged in any serious way.


  • Insurance can be expensive – This can be a big drawback of owning a listed property. Because new owners are liable for any previous unauthorised work and rebuild costs are higher, the average quote is usually fairly expensive. However you can save money on listed property insurance by getting quotes from specialist providers.
  • You may not be able to make alterations – When you own a listed property, you must get the permission of your local conservation offer before making any alterations or extensions. This is because the buildings must retain their unique character and any alterations that would disrupt this are usually not permissible.
  • Grants are very limited – Due to the cutbacks from the government, grants for listed properties are now very limited. You’ll be able to find out exactly what grants are available by speaking to your conservation officer.

Restorations are typically expensive –  If any repairs or restorations are needed, they’ll need to be done using the same materials and construction methods as were used originally. For example, thatched roof properties that need re-thatching can be quite an expense.

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