Earning consistent rental income by letting your London property is a good way to build wealth. However, to deliver attractive yields, your property should stand out to well-paying corporate tenants. Maintaining it well and enhancing its appeal requires a hands-on management service.
While London does have a huge rental market, with many tenants willing to pay a premium for modern amenities and comfort, as a landlord, you may need to invest in improving your home's appeal. From updated kitchens with the latest appliances to contemporary bathrooms and other energy-efficient fixtures, there are many ways to upgrade your property.
Installing design-led furniture packages and refurbishing older properties are some ways in which Japanese landlords can enhance rental appeal and maximise rental income. Our sister company, InStyle Direct, has been furnishing and renovating London homes for over two decades and can offer you the most cost-effective solutions for quick results.
Right from the initial consultation to suggesting appropriate design themes, sourcing the right materials and providing comprehensive after-care services, we have supported many overseas property investors in renovating and upgrading their homes. Modernising older properties with the latest fittings and fixtures can help boost rents for better long-term returns.
You can start by getting a professional consultation to evaluate the current state of your property and the potential modifications to boost rent by understanding your tenant market and other demographics.
Renovations that include modernising a home by updating utility areas like kitchens and bathrooms, improving energy efficiency and kerb appeal are cost-effective and result-driven. Even smaller changes like new kitchen worktops, stylish flooring and attractive decor can make a big difference.
Adding the latest home tech features, creating built-in workspaces and personalising outdoor spaces are some other high-impact additions when renovating.
Tenants are more likely to want to rent a property that has been refurbished or renovated, and this is also a means to justify charging higher rents. However, when setting the asking rent, always consult with your lettings agent to understand current demand and rental trends.
Our Japanese property experts can coordinate with our teams in London to help you with an accurate quote. All you need to do is schedule a free consultation with us.
Connect with our Japanese-speaking property specialists