When becoming a landlord, it can be difficult deciding on what to do first in making your property appealing to renters. Rather than any major overhauls, it’s little improvements that can make the biggest impact. Keep things as low-cost as possible and invest in mid-range, quality materials durable enough to withstand heavy-footed tenants.
By spending a small amount on some simple renovations you could earn up to 20% more rent for your property. There are those cheap and cheerful improvements that can make a huge difference for pretty minimal effort.
Here are some low-cost ideas you might want to consider if you a becoming a landlord for the first time:
- New, modern light fittings
- Replace cupboard handles
- New hardwearing flooring
- Re-grout tiles in bathroom
- Garden maintenance