What adds value to buy to let properties?
Drawing on new research and market analysis, our latest report highlights the financial impact of extensions, additional bedrooms and bathrooms, and energy efficiency upgrades. It also uncovers the surprising regrets many landlords have post-renovation. The findings offer insights to help landlords make informed decisions that balance cost, compliance, and rental yield.
- Kitchen and bathroom renovations are most popular amongst buy to let investors who have made improvements in the last five years.
- 18% of landlords made green improvements, such as adding solar panels or insulation.
- But over 50% surveyed regretted renovating their rental properties.
- Our analysis suggests adding an extra bathroom can boost buy to let property value by 8%.
- Increasing floor area to incorporate an extra bedroom can add 12% to typical rental income (around £125 per month). While a second bathroom attracts a 6% rental premium (around £60 per month).