As an agent with my background and experience rooted predominantly in the Residential Lettings and Management market for the last 10 years I have seen a vast array of properties. From tiny studio apartments in out back locations to elegant City Penthouses spread over several floors, sprawling thousands of feet with far-reaching views.
Whatever your property, wherever your property- presentation is vital! Of course, your plans and budget have to reflect both the capital and rental value of your property. There is little or no point doing a £20,000 interior project on a tiny studio that is going to get you £160 pw. However, there is equally no point spending £1500 furnishing a £2m Penthouse. Both options are equally ridiculous and damaging to your returns.
A beautiful property demands a premium- fact. As beauty is in the eye of the beholder, it won’t grab everyone’s attention, but those it does will fall in love. The great news is- love demands a premium. This can boost your rents peaking 10-20% above similar properties if you get it just right. Check out some of our success stories at: www.baseps.co.uk/interiors.php
However, factor in the practical. Don’t install diamond white carpets in the hallways. Don’t create a garden so elaborate that you need a Landscaping degree just to know where to start keeping it. Whilst natural, untreated wood worktops might look stunning- I give it a week (if that) before it has its first stain. If you find something you love, assess the practical nature and longevity. To ensure a genuine return on your investment it has to last- and the longer the better! If what you love isn’t practical, find something similar that is- it will save you money and heartbreak.
Once you have embraced that though- be bold, tasteful but bold. If you are unsure exactly how to put a room or entire property together, get help. From your local Agent ( if they mention the word Magnolia- run a mile) to an Interior Designer there are plenty of avenues to explore. If you get the formula right the rewards can be fantastic!
As you might have gathered, this is yet another service available from base. Visit our website where you will find a host of services and helpful information: www.baseps.co.uk
