If you’re looking to sell or rent a property soon, there are lots of things to consider – not least what condition it’s in.
In London especially, where the market is competitive, the condition of your property makes an enormous difference to the price you can sell or rent it at.
If you’re looking to make the most out of your asset, here are the five best improvements to instantly boost your property’s value.
Creating storage space
Tenants or homeowners are always appreciative of more space to store their things. If you don’t have enough already, make sure to create ample storage space for them.
This is particularly important if your property is smaller, as it maximises all the space available.
This could be as simple as adding a fitted wardrobe, chest of drawers or shelves to rooms throughout the house.
Alternatively, you could alter the layout of some rooms to free up any wasted space.
Improving kitchen layout
Nobody wants to cook in a kitchen too small to move around in.
If you’re thinking of selling or renting your property, renovating the kitchen is a great way to make your property more appealing.
If items in your kitchen are moveable, simply shifting the layout could create more space. Otherwise, you could think about knocking a wall through or taking some kitchen islands out to make the space easier to move around in.
Improving the bathroom’s condition
A sparkling-clean bathroom is usually on the must-have list for prospective tenants and buyers.
It might sound obvious, but make sure you’ve given your property’s bathroom a thorough deep clean before any viewings to boost its value.
You should also check whether the pipes and plumbing are in good condition as leaks are likely to put people off.
Converting garages, lofts or cellars
One renovation that’s likely to add a significant amount of value to your property is converting a garage, loft or cellar into a second lounge or living area.
The addition of extra space for relaxing will make your property much more appealing – and valuable – to new tenants or owners.
Adding garden furniture
If you’re not able to do any large-scale renovations, smaller touches can still add value to your property.
One easy way to do this is by adding garden furniture to any outdoor spaces. This will instantly brighten up the space and make the home more appealing to those buying or renting.
Making renovations is always worthwhile if you want to maximise the value of your property – and you’ll be surprised at how small changes can make a really big difference.