The season of love has finally arrived, and with that, people are preparing to display their affection for their loved ones through gifts and by sending cards. But if you treasure and love your investments like most of us, then it is the right time to shower some affection on those deserving pillars.
As Valentine’s Day approaches, consider extending your affection to your valuable property investments. Here are thoughtful ways to care for your bricks and mortar this season:
Freshen Up with a Splash of Colour
Enhance your property’s curb appeal by giving it a fresh coat of paint. This not only improves aesthetics but also adds value and potentially increases rental income. Properly done, it ensures longevity and sets the stage for a vibrant spring.
Note: If you’re a tenant, be sure to check for any necessary permissions from your landlord.
Embrace Eco-Friendliness
Bring your property into the modern era by making it more eco-friendly. Improve insulation, reduce CO2 emissions, cut utility costs, and consider contributing to the national grid. Preparing for upcoming changes, especially for properties with low EPC ratings, can be a wise investment.
Organise Reports and Paperwork
Keep your property documentation in order. Ensure all certificates and reports are up-to-date. Schedule surveys, inspections, and maintenance to stay legally compliant and maintain a well-organised property portfolio.
Evaluate Rents, Values, and Costs
Review outstanding rent issues, renegotiate deals with landlords or tenants, and explore mortgage refinancing opportunities. Ensuring fair and competitive levels for rents, property values, and costs contributes to the long-term health of your investment.
Consider the seasonal impact on Property
Recognise how the season can influence your property. For commercial properties, businesses like restaurants and florists may thrive, potentially helping with rent or practical aspects like parking. For residential properties, anticipate increased activity, deliveries, and potential interruptions due to holidays or family commitments.
By taking these steps, you not only demonstrate love for your property but also invest in its sustainability and future success. Happy Valentine’s Day to you and your beloved real estate.
Subscribe to our Newsletter
