Property Refurbishment in Central London

As more people are looking to rental property as a source of income in London, it is important to manage your property maintenance as rental incomes continue to increase.

When you are managing a property refurbishment in London there are some unique things to consider.
Don't expect to make easy money as buying expensive properties in areas such as Kensington and Chelsea will require considerable expertise and investment to refurbish to the high standards expected by those looking to rent in this area of London. The cost of these desirable houses do not always yield a quick profit if the intention is to renovate and sell immediately when the ancillary costs of purchasing, and refurbishing are taken into account.

A longer term investment view is required which will entail a regular maintenance plan to ensure you command the highest rental income from your investment. To maximise your profits from your rental property is to have a thorough understanding of the work and the costs involved for the refurbishment and this is particularly true if kitchens and bathrooms are to be renovated. A cheaper flat-pack solution from the larger retail outlets will not be of sufficiently high quality for prestigious houses in Kensington and Chelsea and one should expect to budget considerably more for  high quality fittings.

Using a Specialist House Refurbishment Company

It is also necessary to be realistic about how much of the work you will want to undertake yourself. Unless you are an experienced builder you will almost certainly want to engage the services of a specialist house refurbishment company who has experience in property renovation in London.

Panacea Property Maintenance and Refurbishments have been renovating prestigious houses in London Kensington and Chelsea for many years. We have the expertise and the professionals to take on a project from the initial survey through to completion so you can get your property rented and generating revenue in the shortest time.

If you have are are considering renting a house in Central London, call Paula Ionnides on 07877 015 297 or email info@panaceapmr.com and we'll be happy to advise you on your options.