4 ways to improve your investment in 2025
Every now and then an investment property will benefit from a bit of TLC. But as a property owner where exactly should you focus your attention?
Let’s look at four ways to improve your investment in 2025.
General spruce up
No matter how new the property was when you bought it, or how fastidious the renters are, every investment property benefits from a general spruce up now and then.
This includes a repaint of the walls to update the colour scheme and also repair any knicks and damage that comes from general wear and tear.
It might also involve the installation of flooring such as carpets, and the replacement of any tired curtains, blinds and light fittings.Â
Energy efficiency
The cost of living is really biting into most people’s household budget, and the hit to the hip pocket is definitely evident in terms of energy costs.
That’s why it could be worth making your rental property more energy efficient.
Not only would your current renters and the environment thank you for it, but an energy efficient property is likely to be far more appealing to prospective renters should your property become vacant.
Extra features
In addition to making the property more energy efficient, there are a whole host of other areas where you can really value add and make the property more comfortable and more appealing.
For example, could you add an outdoor entertaining area, landscaped backyard, or storage shed?
What about allowing pets at the property or installing high speed internet.
Each of these extras adds value to the property, and in the process it makes a lot more appealing to a wide range of people.
Expert property management
Finally, would your property benefit from better property management? A great property manager protects your investment by attracting and screening great renters, forging a great relationship with all parties, and ensuring the property is well looked after and maintained.
That’s something that adds incredible value to any investment, allowing you to rest easy in the knowledge nothing has been overlooked or left to chance.
The benefits of improvements
Taking the time to invest in your rental property and improve it has a whole host of benefits both in the short and long term..
When you improve your rental, you improve its value in terms of the rent it can command, and also the capital value of the property.
Meanwhile, a well cared for and maintained property attracts the right type of renters, ensuring your property appeals to people who will look after it, maintain it and value it as the place they call home.
How we can help
Our experienced property managers pride themselves on establishing great relationships with both rental occupiers and owners.
We manage every property as if it were our own and you can learn more about our property management services here.
Alternatively, if you are looking to rent a property, you can view the properties we currently have available here.
