Residential refurbishment for increased rental value

After 9 years of continuous tenancy, the property required refurbishment to bring it up to current rental market standards.

A budget-conscious renovation was undertaken, including redecoration throughout, installation of a new kitchen and bathroom, new flooring, and replacement carpets.

The refurbishment aimed to enhance the property’s overall appeal and functionality while maintaining cost efficiency. As a result of these improvements, we achieved a 15.6% increase in rental income compared to the previous tenancy rate.