Home improvement and how to increase the value of your London property

News at Kings Group | 05/04/2017


DIY jobs and home improvements provide several benefits for property owners - not only does an improved home make your living experience more pleasant, but if executed properly, these upgrades can increase the value of your home when you come to sell.

 

It may well have passed you by, but April is in fact 'National Home Improvement Month' and, with the long Easter weekend on the horizon, there's no excuse for Londoners to neglect their DIY and home improvement duties over the next few weeks.

 

And so, with a little help from NAEA Propertymark, here is a run-down of some of the most cost-effective and value-adding home improvements...

 

Focus on the kitchen

 

It's well-known that the kitchen has become a focal point in many British homes and so it makes sense to give yours some attention and love, particularly if you're looking to put your property on the market in the near future.

 

A complete refurbishment will of course have an instant impact, but there are a number of smaller and less costly improvements which can give your kitchen a timely boost. Maximising storage is key and so any extra cupboard or shelf space you can provide will be valuable. Meanwhile, larders are becoming extremely popular with London property buyers.

 

What's more, a few small tweaks to the lighting could make a significant difference - under unit lighting is relatively inexpensive but can instil a luxurious feel to a modern kitchen. Other general upkeep jobs like re-painting cupboards and fixing broken handles and drawers could also prove beneficial.

 

Exterior is all-important

 

It's clear that first impressions really do count and this is particularly the case when prospective buyers come to view your home. That's why it's key that you make sure the exterior of your property is up to scratch. Re-painting the front door, washing the drive and tidying up the front garden are all small jobs which can really help to make your home look the part.

 

Not only will this have a positive effect if you're trying to sell, but it'll give you a boost and make you feel good about your home again.

 

The rise of energy efficiency

 

As time goes by, energy efficiency becomes increasingly important. A home which is energy efficient saves money on bills, and property buyers are becoming increasingly dedicated to finding a home with green advantages.

 

Installing smart meters, insulation and solar panels are all good ways of improving a property's energy efficiency and potentially its value. On top of this, replacing any old and outdated appliances like boilers has tangible safety and financial benefits.

 

Don’t neglect the garden

 

It's getting closer to the time of year when the value of a garden significantly increases. A calm, tranquil and well-maintained garden can offer some well-earned respite in the summer months and London buyers will be keen to take advantage of properties which provide this.

 

The first thing to do is get the garden space looking its best by mowing the lawn, tidying up the flower beds and clearing away any clutter or rubbish. Then you can start thinking about adding desirable features like a water fountain, pergola or decking.

 

The power of mirrors and lighting

 

In an ideal world, you could install a skylight or build a conservatory in order to maximise light in your property. However, these improvements are expensive and likely to take time.

 

One inexpensive and instant fix is utilising mirrors in order to create more light in your home. Hanging mirrors in strategic places - like opposite windows and reflecting into dark corners - can make a big difference, giving your property a more open and spacious feel.

 

If you would like further guidance on buying or selling a property in North London, East London, Hertfordshire or Essex, we would be delighted to help.

 

You can get in touch with us on Twitter, Facebook or contact your local Kings Group branch.

 

 

Find out how much your home could be worth on the current market by requesting a free instant online valuation.