Rightly or wrongly, most people will judge a property on first sight. Houses or flats in good condition will attract a superior tenant and a higher rental return. It’s therefore worth investing time and money in maintaining your property to an attractive standard.
If you are a Dexters Property Management client, we will alert you to refurbishment work as part of our twice yearly inspections. If the walls need a lick of paint, the bathroom needs changing or the carpets could do with an upgrade, we will let you know as part of our service.
Many of our clients need more extensive refurbishment done to a newly purchased property or to reconfigure an existing one. Our Design and Interiors team, based in Mayfair will meet with you to discuss the best strategy for achieving your desired rental yield. This might be partitioning a large lounge to turn a one bedroom flat into two. Or a roof conversion to convert a house into multiple occupancy flats. We will produce a full specification of work so that you can understand exactly what’s involved structurally, financially and legally.
We can manage a project from start to finish, liaising with the multiple professions involved including structural engineers, planning officers and architects. We also have access to more than 100 approved London-based contractors, including expert tradesmen who can handle everything from fitting a kitchen to crafting bespoke marble tops. And once refurbishments are complete we can dress the property, sourcing beds, sofas and sideboards to impress prospective tenants.
Most rental properties need some kind of improvement works every four to five years. With the right approach, the work you do will pay dividends fast.