Property refurbishment in London

If your London rental investment property needs a little more work than just a furnishings pack, then we can help you create a bespoke interior that looks visually stunning and also meets your practical requirements and budget. From a basic freshening up; putting in a new kitchen and bathroom or a more comprehensive property refurbishment, we have many years’ experience at managing all sizes of residential projects across London.

Modernising your rental property to add value

We can advise on how best to maximise available space.

Creating a desirable interior that tenants will love

Our proven track record will help you attract top quality tenants.

Design flair with a practical eye for detail

Overseen by a qualified interior design team. All work fully insured.

If you are planning to refurbish a property, whether it's a principle room or an entire property, we can manage that too. From planning and design to construction and installation, we work with partners who have an in-house team of builders, bathroom and kitchen specialists and can manage the entire renovation project. And throughout, you'll work with our experienced design and support staff who will ensure that the work is completed to the highest standard, on time, and within budget.

Furnishing packages too

We can also help with the supply of furniture, window dressings and soft furnishings or why not take a look at our Furnishing packs which include everything needed for an incoming tenant. These are ideal for overseas investors or for those who want to save time and get on with letting their property.

Not sure if you need to refurbish your property? Take a look below at our advice for when you should refurbish your London rental property.

Well presented properties always let more quickly, often for a higher rental, so landlords should always aim to enhance the presentation of their rental property. It's important to match the presentation of the property to the calibre of tenant you're hoping to attract. For example, a professional or corporate tenant will expect a high spec finish with stylish, contemporary furnishings. People with higher budgets have high expectations and so Landlords have to ensure their property is appealing and up to date.

Kitchens and bathrooms are priorities. Investing in a smart, contemporary kitchen is a must. Equally important are bathrooms. A two bed property should have two bathrooms if possible. If you own an older property, it is worth creating an ensuite by taking space from an existing bedroom (which tend to be larger in older properties). Always retain original features in period properties, such as ceiling roses, cornicing and fireplaces. If you have a limited budget, simple measures like a lick of paint, new flooring and curtains are worth doing. Tenants usually prefer the contemporary look of wood flooring but check your lease allows them.

At the end of the day investing in your property will add to the overall capital value too, so it is worth considering employing a a specialist to look at the layout. Older properties often have small rooms, so by removing some internal walls you can create a more spacious, open-plan layout with a real 'wow' factor – it will definitely increase the asking rental. A great example of this is an apartment opposite the Science Museum in South Kensington which we were instructed on by a client. The apartment was old fashioned and had a layout that didn't maximise space so we brought in a refurbishment specialist to carry out alterations. They suggested removing some internal walls to create a larger and elegant reception area. The client agreed and the result was better than even he could have imagined. They created a grand, double height reception area that makes the most of the room's floor to ceiling windows. And the work reaped dividends too as the apartment let very quickly, in 10 days, and for an asking rental of £1500 per week, £500 per week more than previously.

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What allowances are there for refurbishing my London rental property?

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Demand rising for London residential property from Hong Kong investors

Buying a London property is a prime investment opportunity for Hong Kong buyers – either as a pure investment or as a home. The potential is clear - London is an international hub for business and education and the UK’s stable political system and strong economy are also important factors. New UK Visas for Hong Kong citizens Now, with the ongoing political unrest in Hong Kong and the Chinese government imposing a new National Security Law on Hong Kong citizens, the UK Home Secretary, Priti Patel, has announced changes to immigration laws that will effectively offer British National Overseas citizens visas that allow them the right to work and study in the UK up to five years and eventually seek full British citizenship. We noticed a shift in sentiment several months ago sparked by unrest in Hong Kong and we received a lot of new enquiries for properties completing this year. And since the UK Prime Minister Boris Johnson’s‘commitment’ announcement in July, we have seen a surge in demand for London properties for BNO’s considering the possibility of a new life in London. You can find more information on the new Hong Kong BNO Visa and Passport at Gov.uk website UK Stamp Duty ‘holiday’ cuts purchase prices As well as visa reforms, investors with foreign income are finding the weak pound means London property offers exceptional value while those who need to borrow will benefit from historically low interest rates. And, the current Stamp Duty ‘holiday’ until March 31st 2021 where there is no duty to pay up to £500,000, is further reducing the cost of buying a London property for anyone completing before the deadline.More details about this can be found in our temporary Stamp Duty ‘holiday’ savings blog. Where are Hong Kong expats looking to invest? Expats not living in the UK may not know London well and different areas vary considerably in price and in what they offer residents. Historically, prime central London has always been popular with Hong Kong investors; areas in Zone 1 such as Knightsbridge, Kensington, Belgravia and other prime locations such as Hampstead with their elegant, large period apartments and houses. But the London skyline is changing and recently we’ve seen rapidly growing demand for homes in areas of large-scale regeneration. These offer exceptional value, with the potential for both capital growth and rental income. It’s clear that Hong Kong investors are diversifying and considering property in other zones where value and higher yields can be found. East London is incredibly popular, particularly with younger buyers. Residential developments such as Marine Wharf situated across the River Thames from Canary Wharf, and the new Berkeley scheme at 250 City Road in Shoreditch are schemes of interest. While Nine Elms in Vauxhall, near Battersea Power Station, in Tube Zones 1 and 2, is a hugely successful residential quarter in its own right. Placemaking has taken on a new meaning here and Hong Kong investors are thinking long term so this ticks a lot of boxes for them. This soaring demand isn’t just a trend we’ve noticed. UK newspaper The Times recently published an article on this growing phenomenon. Read it here Helping investors find the right property We are well positioned to help Hong Kong investors buy London property, helping them identify which opportunities are right for them and which areas suit their objectives. We opened our Hong Kong office in 1995 and have a locally employed team of multi-lingual professionals who work seamlessly with our London sales and lettings teams to help Hong Kong professionals buy property in London. They speak Mandarin, Cantonese and of course English, meeting our Hong Kong clients in our local office, streamlining the property investment process. Some of our clients have been with us for 30 years and now we are also looking after their children’s investments. And with 16 branches across London plus our experience Hong Kong team, we have London covered. If you wish to discuss our current property opportunities, please contact our Hong Kong team email or telephone (+852) 2537 5443

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