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- Buy to let tax break removed for wealthy landlords, housing shares fall!
Can a good bathrooms help to ‘sell’ your rental property?
When it comes to the rooms that matter in a home, the kitchen is king, but surprisingly it’s the so-called smallest room in the house that can often provide the true wow factor.
And as for the bedroom, what goes on behind closed doors…
Most bathrooms aren’t massive, so creativity is the watchword.
Space and storage are often at a premium, but by using cleverly designed pieces such as bathroom cabinets, cupboards and drawers, you can easily create more space where there was previously none.
Wall and floor tiles now come in a dazzling array of colours and textures, while mood lighting can create a luxurious, sensual environment that needn’t break the bank.
But does it matter when you come to rent out your property and can it help you achieve a greater rental yield as a result?
“We often see people sacrificing the smallest bedroom to create an upstairs bathroom, then extending into the loft to compensate for the lost bedroom. The work is significant and costly, but taking the bathroom up a floor can add significant value,” says Ania Stanik from Ideal Standard.
“The bathroom is one of the most considered rooms. It equals the kitchen in its aspirations and is now a wellness sanctuary in which to de-stress and relax. Size has increased and the bathroom is a space in its own right.”
So, a glitzy bathroom is now seen as aspirational, and not just a functional space of little importance.
The consensus is that where you have two properties of equal size, condition and location, the one that has a gussied-up bathroom is not only likely to be snapped up quicker, it’ll be able to command a premium rent into the bargain.
To find out more on how you can maximise your rental yield and property value in the best way possible, visit www.idealstandard.co.uk and ask for their advice.