Property Investment Sheffield
There are many reasons why renovation is important, especially when it comes to a property. Many times, we find the ideal property in an ideal location but with the living room painted all wrong.
What to do?
Abandon the entire property or accept the property with a living room painted in a colour we detest. At other times, it might be a commercial building that doesn’t have the right number of restrooms.This problem is not reserved only for renters; in fact, investors also have to face this problem. Most of the time, the property might need some tweaking to bring it up to the taste or appeal of potential tenants or renters.
The good news is that, nowadays, you don’t need to abandon a beautiful property because it lacks certain features.With as little as a call put through to us at Henson and Stanley Property Services Limited, Sheffield, we can give you a total property renovation package.
Types of Renovation
Basic Renovation
Basic renovation entails repairing existing flaws and impairments in a property as well as making other improvements that raise the grade of a residence. Fixing a leaky roof, patching up wall cracks, and doing a straightforward kitchen or bathroom makeover are a few examples of simple renovation tasks. These tasks do not necessarily increase a property’s market value as they are things that are considered standard and should be present in any property.
Cosmetic Renovation
Cosmetic renovations, on the other hand, are those upgrades made to a property to make a home more appealing to potential purchasers. Common cosmetic renovations include features like the addition of yards or decks; the installation of wide windows; the creation of additional living spaces; the addition of cosy lighting; the updating of outdated areas (including kitchens and bathrooms); and repainting of the entire property.
These additions boost the value of your property significantly. The buyer could even be ready to pay more in some circumstances for specialised facilities like wine cellars or greenhouses.
All your renovations, whether basic or cosmetic, are best handled by a contractor, and we are always ready to assist you in getting the best renovation.
Our Services
Residential Property Renovations
Residential properties are those properties built with the purpose of having people reside in them. We cover all the renovations that need to be done on your residential property. Below are some of the renovations that we can have done in your residential property.
Kitchen Renovation
There is this relaxed feeling that comes with a kitchen that is suited to your taste.
Imagine a kitchen with the right cabinets, countertops, sinks, and everything tailored to your taste. After all, the kitchen feeds the entire house, and nobody should be stuck in a kitchen they do not like, especially not you.
Our kitchen renovation could be full or partial, depending on what you want. You might want a part of the kitchen renovated, such as the sink, or you might want to overhaul the entire space and give it a new look. Whatever it be, we’ve got you.
Bathroom Renovation
Basement and Attic Renovation
Your house may be able to employ these top and bottom portions as functional areas. By just a little renovation, they might be transformed from a dusty, old, forgotten area into the favourite room in the house. It can also entail making it a space ideal for hosting friends and family by adding carpets or walls to create partitions.
Home Additions
A home addition most of the time is building a multi-room structure onto the side of the house to enlarge the space. This addition is fitted in such a way that it is always open to the original house. As soon as it’s finished, it melds in perfectly and turns into a component of the house.
Commercial Property Renovation
Your commercial property may require further improvements to raise its market value. While renovations are important, especially when boosting the value of a property, the security of the people who use the property should be the major consideration and not merely for decorative purposes.
As an owner or investor, your commercial facility should be a practical and useful setting for businesses, their staff, and consumers. As a result, you must ensure that your business property meets all of the demands of your renters in a hassle-free manner, just as was promised in your lease.
Examples of Commercial Property Renovation
Electrical Renovations
These involve replacing or upgrading any obsolete, ineffective, or even hazardous electrical systems and also installing new lighting fixtures.
Exterior Renovations
External renovations are mostly structural renovations, and they mostly include replacing or repairing external siding or bricks that have become weathered and pose a hazard to the building’s appearance and structural stability.
Interior Renovations
These are those renovations done inside the property and could include pulling away post-construction linoleum to repair the underlying timber flooring or replacing linoleum tiles with more resilient and expensive porcelain tiles.
Importance of Commercial Property Renovation
Renovations to commercial properties show that the owner values both the tenants and the building. By providing the greatest amenities and advantages they are due, it is evident that the owner aims to maximize the value of the tenant’s monthly payments.
For the owner, renovating your property raises the value of the property’s selling price. Although the transition may be daunting and difficult, it will all be worthwhile in the end.
Difference Between Residential and Commercial Property Renovation
The first thing before any renovation is to know exactly what kind of property you are working with before you begin any renovations. You may approach your project differently once you are sure about the sort of property you are working with. For instance, it is equally necessary to understand the distinctions between commercial and residential remodeling so you can choose the appropriate strategy.
Enhanced Services
There are significant distinctions between residential and commercial standards for property owners thinking about updating the plumbing, electricity, or other facilities. The building systems in commercial structures will be far more sophisticated and complicated than those in residential homes, which are normally built for a limited number of people. As more power outlets, switches, and data connections are needed in commercial properties, these structures often feature more sophisticated plumbing and electrical systems.
Design
The majority of contractors concur that there is far more scope for innovation and creative problem-solving while working on a residential home. The scenario is frequently the opposite with commercial buildings, though. Since a commercial facility may be owned or inhabited by a number of different parties, it is more challenging to implement an extreme design.
Duration and Construction Supplies
It can cost significantly more to renovate a commercial building than a residential one. The truth is that commercial properties are typically much bigger, and as such, the work will take longer. Also, completely different materials are used in both renovations.
When it comes to structural renovations, commercial buildings are frequently constructed using a steel-concrete composite material to provide the structure with the sturdy foundation it needs, especially for larger, multi-floor buildings. On the other hand, wood is typically used to frame residential buildings.
Tips for Having a Smooth Renovation
Purpose of Renovation
Before putting together a detailed strategy for your renovation project, you, as the owner of the property, need to first identify the issue and why a renovation is needed in the first place. The rationale for the renovation should be obvious and compelling enough.
Budget Properly
Consult your contractor initially when remodelling a business structure to discuss the designs and associated costs. When you have a well-organized and clear budget, it is easier to know the important things to prioritise first. Because they don’t plan ahead and stick to a budget, most people’s properties wind up spending more money on a renovation that should have cost less.
To account for long-term unforeseen costs, it is very important to establish a contingency budget of at least 10% extra.
Keep Sustainability in Mind
The field of building and renovation has changed over the past few years, and more experts are becoming interested in simplifying their projects with an emphasis on sustainability. The aim, then, is to decrease waste by utilising eco-friendly products and investigating more advanced methods of efficient renovation.
Make Team Efforts a Priority
A good team to assist you in handling all areas of the renovation is required since completing a renovation project is a laborious effort. It will be easier for you to supervise the renovation if you encourage teamwork because many chores will be completed on time, choices will be made, and so on.
Employ Certified Workers
You should feel at ease speaking with the contractor you choose to renovate your building, and they should be able to complete the work on schedule and to your satisfaction. Choose the services of a firm that you can easily contact and has references where you can learn more about their attitude and level of integrity.