๐๐ช๐ง ๐๐ค๐ฅ ๐ฑ ๐๐ช๐๐๐๐ฃ๐ ๐๐ง๐๐ฃ๐๐๐ฅ๐ก๐๐จย
Firstly, in case you're not aware of what serviced accommodation is, essentially it is a type of furnished accommodation that is available for a short- or long-term stay and provides the guests with amenities such as furniture, utilities, and cleaning.
It is gaining popularity due to its strong rental income and yield potential and Chris has had a lot of experience in refurbishing them for other landlords.
Today, Chris is sharing his top 5 guiding principles when he is refurbishing a property that will be used as serviced accommodation.
See the video for more details and the quick breakdown below:
๐ญ. ๐ ๐ผ๐ฑ๐ฒ๐ฟ๐ป ๐๐ถ๐๐ฐ๐ต๐ฒ๐ป: On trend and easy to maintain.
๐ฎ. ๐ ๐ผ๐ฑ๐ฒ๐ฟ๐ป ๐๐ฎ๐๐ต๐ฟ๐ผ๐ผ๐บ: Marble effect and black bold features are very popular right now.
๐ฏ. ๐๐ถ๐ด๐ต๐๐ถ๐ป๐ด: Consider the lighting in each room.
๐ฐ. ๐๐ผ๐ผ๐ฟ๐: Spending a little extra can make a lot of difference.
๐ฑ. ๐๐น๐ผ๐ผ๐ฟ๐ถ๐ป๐ด: Needs to be appropriate for the space and feel luxurious.
Using these principles will ensure you make the best decisions to get the best return on your investment.
If you have a property you're looking to make into serviced accommodation, you definitely need Chris' golden wisdom and these 5 key principles!
Get a sneak peek into one of our projects hereย ๐
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