Maximising your rental property's value is about more than just finding the right Renters — it’s also about strategic upgrades that appeal to Renters and boost your return on investment. Here’s how smart (yet simple) renovations and improvements can transform your property into a higher-performing asset.
Potential Renters are willing to pay more for properties with fresh, functional and stylish features. Modernising or upgrading certain aspects of your property not only attracts high-quality Renters but also allows you to command a higher rental return.
Miles Concierge: Renovation and Home Improvement Services
At Miles, we understand the importance of enhancing your rental property to maximise its value. We offer a specialised renovation service designed to tailor improvements to your property’s unique needs.
Our team handles everything from planning, quoting, budgeting and project management, ensuring a seamless process with minimal stress for owners. Our recent projects have shown that investing in rental renovations not only cover costs in the short to medium term but also deliver long-term increases in rental income.
Key Improvements That Can Boost Rental Returns
Kitchen and Bathroom Upgrades: These are the most impactful areas to renovate, offering a significant return on your investment.
Flooring and painting: Fresh paint and updated flooring can transform the entire feel of a property.
Lighting and Fixtures: Modern lighting and fixtures can make spaces feel more warm, inviting and contemporary.
Outdoor Spaces: Landscaping gardens, courtyards or balconies adds valuable appeal for renters.
Why Choose Miles for Your Property Management and Renovations?
With over 100 years of expertise and dedicated Property Management and Concierge teams, we have very well established relationships with trusted trade partners. Whether you’re a first-time investor or a seasoned Rental provider, the team at Miles will position your property for success in a competitive rental market.