If you’ve bought a property for the sole purpose of letting it out, but it needs a complete cosmetic overhaul, then you have several things to consider.
This property is primarily to provide you with an income, so you won’t want to spend a fortune on the décor. You may well not personally know the people who will be living in your property so you need to ensure whatever you do is as hard wearing and long lasting as possible. You also want it to be appealing to potential tenants. If it is done out to a high standard then you can charge a premium for the property.
It’s a good idea to stick to neutral colours. Creams and beige or white. This will appeal to most people and it will be easiest to match should you need to replace or renew anything which with rented accommodation is likely.
Where you can buy in bulk and you should be able to save money. If you are fitting out a block of flats then you can save even more by kitting them out all the same. If your supplier won’t give a discount for bulk, shop around, try looking online and don’t be scared to haggle. If you’re wanting half a dozen fitted kitchens for example, someone will be prepared to give you a good discount to get the business.
Try and use the same materials as much as you can. A batch of white cheap bathroom tiles will work well in any bathrooms, the kitchen or utility areas. Likewise the same cheap floor tiles can be used in both the kitchen and bathroom if you choose carefully a style that will work for both. Porcelain floor tiles are the best choice for rented accommodation as they are the most hard wearing floor tiles you can get and will last a very long time as well as taking a lot of wear and tear without it showing. It’s a good idea to buy extra tiles now, so you can replace them in the future, don’t get rid of surplus paint either in case you need to touch up areas between tenants to maintain the premium look of the property.
Paint is the best idea for the walls for the rest of the house. Buy in bulk again and paint the whole house the same colour. It can make a house look bigger too so don’t feel like you are compromising by not making the rooms look individually different. Be careful when choosing a carpet. Too pale a colour can look grubby very quickly and you may find you need to replace it between tenants. Pick something a little darker with a bit of a pattern to it and it will wear much better.
It’s always important to remember that this house is not for you. Just because you love the expensive pink kitchen units doesn’t mean anyone else will, or that it’s worth spending the extra for. Finally, when you have your property looking stunning and ready to let out, don’t forget to get your landlords insurance policy in place.
Article Source: http://EzineArticles.com/
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