When thinking about your property and living arrangements in London, renovation and refurbishment are usually high on the agenda. Prospective and current property owners in London often think “How can I optimise return on this property in 5 or 10 years time when selling the property and make the best use of space in the meantime?” This is driven by the property owners’ desire to make the best of their time whilst living in the property as well as driven by the financial gain realised from their property investment.
Gordana Mandic comments “When considering a home renovation project, we usually advise property owners the best way to realise a return on that refurbishment and investment is to carry out the project a few years ahead of selling your property. This way, you tend to get the best of everything.” Gordana, a qualified Engineer of Architecture continues… “You enjoy the renovation long after all the home improvements are completed as well as immediately improving your lifestyle and well being. Your home becomes fresh and innovative and remains so. Much more appealing for prospective buyers when considering properties to buy in prime central London.”
Structural improvements to the fabric of the building and small but dramatic steps taken to improve the way space is used increase the value of your property as well as helping you realise more return on your property investment. When clients eventually decide to sell their property (as their primary residence or to realise an investment) they do so for a much higher price and yield, realising much more return on their investment than if they had chosen not to carry out the renovation at all.
As both architect and fine local builders, specialising in property renovation in Chelsea, Kensington and Westminster, TylerMandic routinely carry out all sorts of practical and aesthetic improvement works on London’s fine residential property and residences