{"id":18617,"date":"2018-11-13T10:01:25","date_gmt":"2018-11-13T10:01:25","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/?p=18617"},"modified":"2018-11-13T10:01:25","modified_gmt":"2018-11-13T10:01:25","slug":"upgrades-that-will-pay-dividends-on-your-rental-property","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/upgrades-that-will-pay-dividends-on-your-rental-property\/","title":{"rendered":"Upgrades That Will Pay Dividends on Your Rental Property"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p><span style=\"font-weight: 400;\">Everyone likes to dabble in a home improvement project from time to time. But when the property is one that you are letting out to tenants as a source of income, you need to approach every upgrade with a business head on your shoulders. Personal taste needs to be set aside, and the question you need to ask is how any upgrade will improve the <a href=\"https:\/\/www.thehouseshop.com\/rental-calculator\" title=\"rental value\">rental value<\/a> of your property or reduce the costs that are associated with it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are four areas to consider that are guaranteed to make sense from a business perspective, and will also make the property a more pleasant home for your lucky tenants to enjoy.<\/span><\/p>\n<h2>Upgrade the lighting<\/h2>\n<p><span style=\"font-weight: 400;\">Good lighting, especially in the kitchen, will make the property more attractive to potential tenants, and in the modern age, you need to be thinking LEDs all the way. For one thing, these<\/span><a href=\"https:\/\/www.ledhut.co.uk\/spot-lights\/g9-bulbs.html\"> <span style=\"font-weight: 400;\">G9 LED bulbs<\/span><\/a><span style=\"font-weight: 400;\"> last at least 20 times longer than the old-fashioned halogen or fluorescent alternatives, meaning that awful situation when you find half the bulbs have blown and not been replaced becomes a thing of the past. There is also the fact that LEDs are more energy efficient, so utility bills are significantly reduced.<\/span><\/p>\n<h2>Opt for simple, hard-wearing floors<\/h2>\n<p><span style=\"font-weight: 400;\">Even the best tenants in the world will not take such good care of your property as they would if it was their own \u2013 that\u2019s just human nature. Thick pile carpet might have seen a nice idea at the time, but it can be a nightmare to keep clean, particularly if the tenant has walked around in muddy shoes or is clumsy with glasses of red wine. Laminate flooring provides a modern, contemporary look while being inexpensive, hard wearing and easy to clean. It makes sense in every room of the house.<\/span><\/p>\n<h2>An unfussy landscaped garden<\/h2>\n<p><span style=\"font-weight: 400;\">Another fact about tenants is that they are less likely to want to spend time maintaining a garden. Unless you are prepared to spend money on a gardener visiting every couple of weeks, it is better to invest in getting it professionally landscaped in a low-maintenance design. That means paving and decking as opposed to lawns and beds, with a few green perennials around the edges that will look after themselves. Remember the importance of<\/span><a href=\"https:\/\/www.homify.co.uk\/ideabooks\/3496694\/15-simple-ways-to-boost-your-home-s-kerb-appeal-and-value\"> <span style=\"font-weight: 400;\">kerb appeal<\/span><\/a><span style=\"font-weight: 400;\">. When one tenant moves out, you don\u2019t need to be spending a week clearing a jungle in the garden.<\/span><\/p>\n<h2>It\u2019s all about the details<\/h2>\n<p><span style=\"font-weight: 400;\">Making the property look a little more \u201chigh end\u201d means potential tenants are more likely to pay a little more per month to make it their home. But that doesn\u2019t demand thousands spent on a luxury kitchen or bathroom. Simple details like replacing door furniture with new knobs or renewing the taps in the kitchen and bathroom can make a huge difference, yet will be inexpensive and will only take an afternoon to install. You can also replace the handles and fittings to give existing kitchen cabinets a new lease of life.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Everyone likes to dabble in a home improvement project from time to time. But when the property is one that you are letting out to tenants as a source of income, you need to approach every upgrade with a business<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/upgrades-that-will-pay-dividends-on-your-rental-property\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":18618,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[10,16,9],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2018\/11\/rental-house-image.jpeg","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/upgrades_that_will_pay_dividends_on_your_rental_property","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/18617"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=18617"}],"version-history":[{"count":1,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/18617\/revisions"}],"predecessor-version":[{"id":18619,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/18617\/revisions\/18619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media\/18618"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=18617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=18617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=18617"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=18617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}