So we’ve all watched the TV programmes – Property Ladder etc. We sit and think we could do better than that, surely it’s so easy! Easy to pass judgement when it’s not you doing it and not your money involved.

There is certainly a lot of skill involved in doing a renovation project. One of the main things that you need to do is TO PLAN. Good organisation skills are essential when doing something like this.

You need to decide on your exit strategy up front. Are you going to buy and hold and let the property out or are you going to refurbish the property then try to sell it – flipping. Having more than one exit strategy will reduce your risk. “Begin with the end in mind” Stephen Covey

Make sure you do you research:

  • Research the area – so that you can really target the sort of people who will want to live there, keep your target market in mind when you start to develop your plans.
  • Find a suitable property.

Remember don’t get personal; don’t be tempted to buy things just because you would like them. Don’t spend lots of money on the latest gadgets or technology. This is not going to be your home; you are in this to make a profit!

We have some great eBooks that will help you with a refurbishment project.

Apply to be on Sarah Beeny’s new property show

Sarah Beeny I love to watch Property Snakes and Ladders. I find it really inspirational when people win big and I groan at the TV when some people don’t follow Sarah’s advice and lose hugely!  Sarah Beeny has a brand new property show coming soon. Is your dream home turning into a living nightmare? Have you discovered problems in your home such as damp, dry rot, leaks, flooding, blocked drains, infestations, cracked walls or worse? Are you thinking about renovating but need to do serious repair work first? Sarah and her team can help in this exciting new property programme. How To Apply If you are looking to save your property then please phone Matthew on 020 7855 7404 or email This email address is being protected from spambots. You need JavaScript enabled to view it.
Rate this blog entry:
Continue reading
783 Hits

Refurbishment Completed!

So our refurbishment project is just about finished.  The tiling is being done tomorrow in the bathroom and the kitchen then that’s it!  The refurbishment only took 4 weeks in total which was our plan, so we were very pleased to be able to keep to the schedule.  Fortunately we were able to negotiate with the vendors so that we could gain access in between exchange and completion, therefore we only had 2 weeks of mortgage payments to make before the tenant moved in.  She moved in on the 15th of August and is very happy with her new home. The house has been refurbished to a really nice standard. I know that we could have done slightly less and it still would have rented, but I think it’s good to have a certain standard.  Particularly in this market, as it seems that there is a lot of rental property available...
Rate this blog entry:
Continue reading
481 Hits