What’s the easiest way to add 20% in value to your property? 🤔

What’s the easiest way to add 20% in value to your property? That’s the magic question. When I first started I used to do...

What’s the easiest way to add 20% in value to your property?

That’s the magic question.

When I first started I used to do the refurbs myself. I can remember the first property I bought, which was with my brother. It was a 2-bed ground floor flat in Bensham, Gateshead. It had a front room as you walked in, living room, kitchen, bedroom and bathroom to the back. It was a bit of a state when we bought it, I think an old lady had lived in it, and it ultimately needed gutting.

The problem with refurbishing a property is where do you start and what’s the best way to get the most for your money…

For us – It was usually hard work, with me being at the end of a paintbrush deep into the night. You’d then try and fit a kitchen (poorly), get a cheap plumber to do your bathroom and find the cheapest boiler you could find.

Sound familiar?

Luckily we’ve moved on a little bit from that now. Whenever we do a refurb, we’re constantly assessing the cost versus the long term gain. One of the biggest wins you can find is having a large bedroom with two windows. It’s the easiest thing in the world to put up a stud wall and add an extra bedroom. It’s also the easiest way to add value! Guess what as well?

There’s tonnes of other things you can do:

• Tiled skirts in kitchens to prevent water damage
• Plinth LED lights – To add a WOW!
• Move your bathroom upstairs – again adding tonnes of value to a house!
• Never scrimp on the small things like taps (spending a couple of extra £’s makes a BIG difference)
• TV aerials in bedrooms – tenants love it
• Put a feature wall in your lounge

One of the company owners, Chris, did all of these things in a refurb we recently did👇