The property had been used by our long-standing client for a number of years as a successful rental investment but it had developed a number of problems which resulted in poor presentation as well as compromised the structural integrity of the building. We presented our client with some options to increase the value of her investment as well as increase the rental yield.
Our task is the following:
- Refurbishment of two 1-bed flats on the first floor
- Complete rewire of the first floor. Installation of spotlights in most rooms
- Supply and fit two kitchens
- Renovate four bathrooms and one WC
- Install new central heating system
- Redecorate the entire property, all three floors, common staircase and front exterior
- Lay new tiles in the entrance lobby
- Replace staircase up to the first floor
- Supply and fit new carpet for the common staircase
- Replace most windows in the property
The project started on 20/07/09 and was completed on 31/10/09. All flats in the property got let immediately for record prices.