As a landlord, you may believe that renovations are an unnecessary cost. Have you considered how much a rental that hasn't been upgraded is costing you in lost revenue? Consider how much it would cost if your property was not rented for a month or perhaps longer. Bexhill Property Maintenance offers high-quality building services and has experienced builders ready to carry out your next property extension or loft conversion in Bexhill, Eastbourne, Hastings and surrounding areas.
Rentals will eventually become someone's home. As a result, they are entitled to the best they can afford. As a result, client consideration is an important aspect of the rental renovations equation. A list of possible steps for landlords considering a rental refurbishment is shown below. This could be the ideal time to enter the rental market in 2022.
Our Top Ten Tips for Landlords:
When a renter leaves, take a close look around your property.
What will it appear to the next potential renter? Are you charming and inviting, or are you exhausted and unappealing?
Make a list of everything that needs to be addressed.
This could range from broken locks to ill-fitting windows. Then make repairs a top priority. For each new tenancy, a property should ideally be fully functional in every way.
Recognize your target renter.
What exactly are they searching for? Is the rent for other properties in the same price range in the neighbourhood comparable? What are the features of these properties? Does your home currently meet the criteria? What is lacking?
It's worth doing your research and finding out what other successful rental properties are doing in the area.
After you've established your priorities, it's essential to properly study your property.
As a result, the services you provide should be appropriate for the type of renter who may be interested. It's pointless to offer something unsuitable that won't bring you any money. You may notice that properties doing well in the area have loft conversions present. Here at Bexhill Property Maintenance, we have experience and expertise in carrying out loft conversions and home extensions for rental properties.
Additionally, do the task that will have the most impact. Is it possible to remove a kerb and provide parking? Will superior storage be a selling point? Will a breakfast bar provide a variety of dining options? Would adding another partition wall, or even deleting one, make a dramatic difference to your home?
Keep in mind that during the pandemic, exterior space was frequently prioritised.
Be extremely critical of your property's major components.
Kitchens and bathrooms, without a doubt, can make or break a home's appeal. Investing in contemporary equipment will increase the value of your rental. Neutral bathroom colours, a new shower curtain, and ample storage can significantly increase the rental rate and ensure that your rental renovations pay off.
We offer Kitchen and Bathroom installations across Bexhill, Eastbourne and Hastings.
Finally, in your rental makeover, aim for excellence whenever possible.
A slightly more expensive click flooring or vinyl covering will outlast a lower-cost finish. You will save time, work, and aggravation by doing so.
Do you want to learn more?
Our building services are provided in Bexhill, Eastbourne, and Hastings.
You may reach us at 07879335446 or 01424 238797, and we'll be pleased to assist you with any renovation services you require.
