Property renovations that are better left undone

30th November 2021
Home > News > Property renovations that are better left undone

Landlord

When it comes to buy-to-let property renovations the are some improvements that are worth the value for money and there are others that most certainly are not and be better left undone. 

Here are some key points when renovating your buy-to-let properties that are better left undone.

1.     Repairs that will not increase the value or have a poor return of investment. 

Here are some renovations that have a poor return of investment.

  • Laundry
  • Above-Ground Swimming Pool
  • Professional Office

2.     Fixing the property too much

Too much fixing the property may not be good for the property. This is of the mistakes that buy-to-let investors do. If the property is a luxury house, then going all out is okay but most rentals particularly for the professional working class don’t need anything near that. They just need the place to be nice and functional, not spectacular. But of course, it’s important not to use crummy materials. 

3.     Upgrades that don’t fit the property

People love light-filled homes especially natural light, but they are not going to pay for expensive lighting upgrades. So, there is no need to spend on costly lighting fixtures that will not add value to your home. 

4.     Upgrades that provide headache

Some upgrades are nice, but they usually provide headaches especially for rentals. One of which are skylights. They look nice but they are notorious for leaking when it rains. Moreover, they can cause draftiness during winter and overheat in summer. 

When it comes to renovating your buy-to-let property, you should always ask yourself, what would you want if you lived there. 

You can make or lose money at any stage of the process of your investment property. The most common place where investors turn a good deal into a bad one is with a botched renovation. Finding good contractors and managing well are important. Also, it is essential to put together a good scope of work for the property renovation 

BLUESTONE PROPERTIES

We provide lettings and property management services. We are based in south London. To know more about us and how we can help you as a London landlord, call us on 0208 355 3405 or simply contact Bluestone Properties.


Share this article

Related News

06/07/2020
ELECTRICAL SAFETY STANDARDS FOR LANDLORDS: JULY 2020

Landlords have a lot to deal with regarding the COVID-19 pandemic, but it is important to not overlook other parts of the business. There is a lot of regulations landlords must comply with, and this includes new regulations. At Bluestone Properties, we aim to provide support and guidance for all local landlords, and it is important you comply with the n...

Read More
16/09/2021
New Guidance for First Time Landlords

Here is the guidance for first-time landlords in London who are letting out their property 1.  Check your mortgage when letting out your propertyYou must check if your mortgage allows you to let your property as there are some terms that may prevent your property from being rented. If you are not sure, make sure to call or talk to your mortgage len...

Read More
22/12/2020
WHY WANDSWORTH IS THE BEST BOROUGH IN LONDON?

Wandsworth is huge and there are many things to love about this borough. Here are the top 15 reasons why Wandsworth is definitely the best borough in London.#1 Clapham JunctionWandsworth has Clapham Junction. It is the busiest railway station in London by the number of trains passing through the station every day. It seems that you can catch a train to where...

Read More
07/07/2022
Why do house sales fall through?

The process of selling a home can be time-consuming, challenging and frustrating. Despite going through all the steps and paperwork, you may fall at the final hurdle. But what causes sales to fall through and what can you do to prevent this from happening? Let’s take a look at the facts. How often do house sales fall through? It's a common misconcept...

Read More