🏡📈✨️ADD VALUE Here's our top 6 ways to add value to your refurb... In a property purchasing world unhealthily obsessed with Below Market Value (BMV), investors forget to importance of ADDING VALUE. It's often much more lucrative and much easier to pull off than asking for an insulting low-ball price. Ask any agency if they 'love' being asked about BMV 🙄... Refurbishments aren't just about making a property look great, they are absolutely critical to ADDING VALUE and increasing the market value and/or rental potential. Here are some upgrades that often deliver the highest returns: 1 Kitchen Upgrades: The heart of the home! Modernizing the kitchen is one of the most impactful ways to add value 2 Adding Bedrooms: Converting unused spaces like lofts or basements into extra bedrooms can significantly boost market appeal. 3 Improving Curb Appeal: First impressions matter. Fresh paint, landscaping, and a clean façade can make all the difference. 4 Bathroom Improvements: Adding an en-suite or modernizing an existing bathroom can attract higher-paying tenants or buyers. 5 Energy Efficiency: Upgrades like better insulation or installing double-glazed windows not only add value but also save on utility costs. 6 Staging. You've finished the refurb. Now it's time to make your investment shine. Property Staging - the process of turning a house into a home for marketing and photos is an important step to ensuring you stand put from the competition, attract the best buyers/renters at (or above) the asking price/rent. Strategic refurbishments can turn a good property - if well sourced and negotiated - into a great investment. What's been your most rewarding upgrade? Let me know in the comments! Join Derbyshire and Yorkshire's most exclusive property club. We SOURCE 🎯 We SUPPORT🤝 We MANAGE 🏡 We CONNECT ❤️ DM the word VIP #btl #propertyinvesting #propertyinvestor #propertysourcing #dealsourcing #investment #property #addvalue #refurb

Posted by James Lovell-Smith at 2025-01-28 20:00:43 UTC