If you are an investor looking to make a profit by improving and selling or letting properties, there are several possible steps you can take to boost your prospects of success. Firstly, it is important to ensure that the structure is in the best possible condition. Tenants will want a home that is sound and buyers will be looking out for issues they will need to pay to have fixed. Making even minor improvements could potentially give your profits a major boost.
One area that you need to focus on is the roof. Issues like missing tiles, damaged chimneys and structural concerns all need to be resolved, particularly if you want to take on tenants. People won’t want to move into a house only to find there are leaks and problems with ceilings that need repairing. When it comes to a sale these problems may not be deal breakers, but they could result in a much lower selling price than you anticipated. In both cases it is better to fix them in advance.
All work on roofs, whether it is structural, tile replacements or repointing brickwork, should be done be trained professionals. This is important because high quality workmanship will last longer and provide better value for money in the long term.
At Finefair we work with investors throughout Wandsworth and the rest of London, offering full property management and support with portfolios. As part of our services we can offer advice about preparing properties to return them to the market, arranging repairs and maintenance, and ensuring they are properly managed. We offer excellent flexibility to all of our clients to meet their unique needs, and we give them the benefit of professional support at all times.
Over the years we have built strong relationships with a variety of tradesmen with many specialities, from roofing to electrical systems. We are confident we can help you to gain the best returns from your investment. If you have any queries please feel free to contact us for impartial advice.