Simple Ways To Increase The Value Of Your Rental Property

If you’re looking to increase the value of your rental property, you’re in the right place! We’re here with a few simple things you can do that can make a massive difference to how much you might be able to charge for rent each month, and in the long run, you will certainly make your money back when these things are done well. 

If you’re looking to invest in your rental property, these are the ways to do it.

Change Your Window Coverings

The first thing you should do to increase the value of your rental property is to change the window coverings. If you have old, drab curtains throughout your property, it can really make the whole room feel so much darker and dingier. Plus, this will really let your place down when it comes to photography. So, the best thing you can do is to change your window coverings.

Ideally, you should change them to blinds, because they look really clean and sleek in any space. Go for something really simple for your blinds in Watford, like venetian blinds, as these last for years and years, and they look great in any room. 

Go For A Simple Interior 

Our next tip is to go for a really simple interior for your rental property. If you have really bright or bold design features, it could be enough to put people off the property completely. So, what you need to do is go for really simple but classy designs throughout. This would be hardwood floors and then simple carpets in the bedrooms, cream or white walls throughout and simple furniture. 

You can then hang some contemporary art (we’d recommend prints as you don’t want expensive art in a rental property), which brings all of the spaces together and adds a bit of character. This will give renters a blank canvas that they can bring their own sense of style to, therefore making it more enticing and encouraging people to spend more on the space. 

Have An Energy Efficient Boiler

With an upcoming energy crisis, particularly in the UK, one of the best things you can do to make your rental property more energy efficient and also more appealing to potential renters is to have an energy efficient boiler. This is something that you can do to massively increase the potential yield, as you will be saving the tenants a lot of money on electricity when you have a fantastic boiler that will reduce their monthly expenses. 

This is an investment that is certainly worth making, along with any other eco-friendly changes that you can make. Not only is this going to attract people as it will save them money, but it will also appeal to people who are very environmentally conscious and are willing to spend more on a rental property that is kinder to the environment. 

Upgrade The Kitchen 

Last but not least, you should upgrade the kitchen. This is a major component of a property for so many people, and if it is outdated then many people, especially people who are into cooking. Plus, a new kitchen will completely change the look of the whole space. So, invest in a new kitchen and it will be more than worth it.