Buying property as an investment can be a very good idea. The trick is to add as much value to the investment property as you can, so that when you do come to put the property on the market, you get the best possible return on your investment. Of course you want to make sure that any work you do produces the results that you want.

This is why it’s important to think carefully how which improvement is the best idea. You also need to plan your projects carefully, so that you have realistic timelines and budgets in place, before any work is started. Let’s take a look at four top tips for adding value to an investment property.

  • Cladding the walls of the property

Cladding can help to improve the look of a property. It’s also useful as an insulation tool, and helps to protect your investment from damage caused by extreme weather conditions. There are different types of cladding materials available, with vinyl cladding tending to be the most affordable. If you are looking for a cladding option that is durable and long lasting, it may be worth spending more and choosing UPVC cladding for your property.

  • Adding a bathroom or half bath

There was a time when many homes only had one full bathroom. These days, most buyers like to see a couple of bathrooms, or a bathroom and half bath, in a property they are looking at. Ensuites are also very popular. If you have the plumbing in place, and the available space, adding a bathroom to an investment property doesn’t need to be that difficult or expensive. If you are going to add a bathroom, do not forget to take a look at the latest bathroom trends, to make sure that the end result is as effective as possible.

  • Building an extension

It’s amazing how much value you can add to a property, by simply creating more space. But, it’s worth pointing out that building an extension can be a complicated process. You need to make sure that you hire reliable professionals, such as builders and surveyors, to complete the project. They should be able to give you advice about what you can realistically achieve for the budget you have in place, and what permission you need in order to proceed.

  • Landscaping the exterior space

If there is land attached to your investment property, it’s a good idea to make it an enticing prospect. Take a look at other properties in the area and see how the outside space is organised. Most people like an area that is easy to manage and looks good. If your property is in an area which is popular with families then it’s important to think about making the outside space child friendly, with a lawn area for play. You can add a significant amount of value to a property by landscaping the exterior, to make it usable as soon as people move in.

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