How to add value to your investment property in 2023

2023 is an opportunity for property development and to create value and a future return on investment properties. Whether you’re looking to add equity and gain attention from buyers or simply want to make the most of your current assets, there are various ways in which you can help ensure your property stands out while increasing its monetary worth at the same time.

From selecting modern upgrades to expanding livable spaces, we’ll show you how improving just one or two elements can make all the difference when it comes to boosting your ROI.

Let’s take a look at some of the key strategies that professionals use to increase value while decreasing costs!

Build A House Extension for real estate investing

Property owners know that building a house extension is an amazing opportunity for real estate investors looking to maximise their return in the real estate market. It offers a cost-effective way to improve the market value of their property, as well as add additional living space for those who would like to enhance their current residence or rent out part or all of the extension for extra cash flow.

A popular choice amongst many is a loft conversion, as it turns unused space into a functional room without having to build out and decrease the size of your outdoor areas whilst adding value to your property- plus, loft extension doesn’t usually require planning permission which is always a bonus.

With careful planning and good local builders on your side, investors can be certain that their project will increase the value of their property investment and stand out from the rest in the ever-growing property market.

Upgrade Your Central Heating System

If you’re an investment property owner, making sure that your investment properties are in tip-top condition is essential to ensure they remain valuable and desirable.

Upgrading the central heating system could be an important step when it comes to maintaining your investment’s worth. By replacing older systems with more efficient, low-emissions options, you can make a huge difference in energy consumption and utility bills over time. A new boiler installation upgrade and double glazing will also add a great deal of value to the investment itself, ensuring prospective tenants or buyers will consider it a great investment.

Ultimately, upgrading your central heating system can be a very prudent investment that pays dividends down the line!

A bathroom or Kitchen Remodel will help increase your property value

Typically, one of the best ways to add value is to remodel or update a kitchen or bathroom. Not only will this help increase the value of a property you plan on renting out or selling, but it can also be an attractive benefit that most buyers look for when searching for a new home.

This can be an important factor in how quickly your property sells and how much you are able to get for it. Getting a new kitchen or a new bathroom is definitely worth considering if you are looking to invest in a property but make sure to look for reliable plumbers so your beautiful new bathroom or kitchen works just as efficiently.

Add renewable energy to your property

As a property investor, have you considered the financial opportunity in older properties by introducing green features?

Getting renewable energy installation systems added to older buildings can add value to the sale of properties and allow you to increase potential rental income. Not only that, but it will make the property more attractive to today’s modern buyers. While extra costs might be associated with adding these features, landlords who invest could end up benefiting from an increased sale or listing price or improved rental rates.

In fact, many landlords are now starting to see how cost-effective and financially viable this type of addition can be for their older properties; it’s certainly worth considering if you’re looking for ways to increase your property value!

Increase your rental income and invest in a property asset management company

Suppose you’re looking to wow prospective buyers, increase your rental income, get maximum value from your properties, or find someone capable of managing tenants and rental payments. In that case, a property asset management company is an excellent option for your initial investment.

Many investors underestimate the value of using one of these services; however, they can really make a difference when it comes to improving the effectiveness of rental income and streamlining rental operations.

Furthermore, these companies work hard to ensure that your home investment is secure and well-managed so you can benefit from its potential returns for years to come. Don’t let this opportunity for success pass by – give property asset management a chance today!

Don’t forget about the exterior of the home

Investing in the home’s exterior is an important part of making a great impression on potential buyers or tenants, from the front garden that a professional landscaper can shape to a swimming pool that adds the wow factor. When it comes to building out your property portfolio, no cost should be spared to make sure you’re catching everyone’s eye.

Whether you’re looking to sell or rent out a property, having a frontage that stands head and shoulders above similar properties in this competitive market will bring much success.

Add value to a commercial property

Investing in a commercial property is an exciting venture, and making additional investments to increase the value of that property can be even more fulfilling.

Whether you are adding a fresh coat of paint, adding interesting features, allowing in more natural light, replacing old flooring or making additional renovations, the end result of your investment will be a more valuable commercial property with additional features added.

Not only will you get to enjoy the most value for your investment, but creating new housing units or additional business space that you can rent out will provide additional income in return. The potential gains from investing additional money in commercial real estate are rewarding!

Invest in your property today!

Are you looking to add additional value and make the most of your real estate investment in 2023? Then it’s time to put your plans into action and consider our top tips above. Still unsure how to get started? Our advice is to speak with a property asset management company; although this will come with an additional cost, it’s the best way to get the most from your investment property.

They will conduct in-depth research about the market trends before carrying out any other actions for you. This way, you can be sure that the decisions made are informed and at the right price. With their help, you are sure to start seeing strong returns on your investments.

So don’t wait any longer – start taking control of your property investments now!

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The Heim Enquiries

Speak to our friendly enquiries team

enquiries@jacksonheim.co.uk

The Heim Reservations

Discuss your booking with our friendly reservations team

reservations@jacksonheim.co.uk

The Heim Haus Rules

 
Investment enquiries 

Become an investment partner
investment@jacksonheim.co.uk

Interior design enquiries

Speak to one of our designers
interiors@jacksonheim.co.uk

Concierge enquiries

Speak to us about management
heimhost@jacksonheim.co.uk

General enquiries

For anything else or just to say hello
hello@jacksonheim.co.uk

 

Head Office Phone Number

+44 (0) 161 726 5059 

Meet the team

Head Office Address

Jacksonheim Property Group
Ground Floor Unit, The Gate
4 Naval Street
Manchester
M4 6EW

Get our latest offers at the boutique and stay up to date on everything Manchester.

[elfsight_cookie_consent id="1"]

Head Office Phone Number

+44 (0) 161 726 5059 

Meet the team

The Heim Enquiries

Speak to our friendly enquiries team

enquiries@jacksonheim.co.uk

The Heim Reservations

Discuss your booking with our friendly reservations team

reservations@jacksonheim.co.uk

The Heim Haus Rules

Investment enquiries 

Become an investment partner
investment@jacksonheim.co.uk

Interior design enquiries

Speak to one of our designers
interiors@jacksonheim.co.uk

Concierge enquiries

Speak to us about management
heimhost@jacksonheim.co.uk

General enquiries

For anything else or just to say hello
hello@jacksonheim.co.uk

 

Head Office Address

Jacksonheim Property Group
Ground Floor Unit, The Gate
4 Naval Street
Manchester
M4 6EW

Get our latest offers at the boutique and stay up to date on everything Manchester.

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