Ask any local landlord or local business owner, and they’ll probably agree that times have been tough lately.
With tenants unable to pay rent due to Covid-19, laws protecting tenants against evictions and economic uncertainty abounding, giving your property portfolio a spruce up has ended up right down at the bottom of the priorities list for many landlords.
However, the demand for good quality rental accommodation is booming once more, so now is the ideal time to decorate and renovate and look forward to a profitable future.
If budgets are a little stretched, try these tips for improving your property on a budget.
Paint, weed and plant the garden
According to recent surveys, gardens are higher up on the must-have list for rental accommodation than ever before.
As we were all told to stay home during lockdown, many people enjoyed time in their gardens and those that didn’t have much outdoor space are now seeking accommodation that will offer them the opportunity of some socially distanced fresh air.
No matter how small your yard or garden, you can give it a cheap makeover by painting any fences or walls in a brighter shade and adding a few pots and easy to care for flowers plus a small patio set to help showcase the usefulness of any outdoor space.
Paint for profit
It’s amazing how much a lick of paint does to refresh a property. Before you book viewings for vacant rooms or properties, take a few extra days to apply a fresh layer of paint. Choose a pale or neutral shade to give the appearance of more space and light.
Tubs of bright white emulsion can be picked up for just a few pounds, and if you don’t want to pay a professional, a brush, roller and dust sheets won’t break the budget either. Plus, no special skills are required to give walls and ceilings a refresh.
Keep it clean!
Once a tenant has moved out, a deep clean of your property is an essential first step to make it welcoming for the next person.
Cleaning carpets and steaming kitchens and bathrooms can significantly improve the appearance of the property with minimal cost and effort, so it’s a good way of improving the space and keeping the place hygienic without breaking the bank.
Change kitchen cabinet doors
If your kitchen is looking a little out of date or shabby, vinyl wrapping offers a lower-cost alternative to brand new cabinet doors and you get to keep the original cupboard carcasses too!
This little trick can easily transform the most worn-out looking kitchen and transform it into a fresh, clean and contemporary space at a fraction of the cost of new units. Track down on of the many vinyl wrapping companies in your area for a quote. If you want to take it a bit further, ordering replacement cupboard doors will give the appearance of a new kitchen without the expense. All you’ll need is a tape measure and a screwdriver.