Value-Add Lateral Apartment Refurbishment Case Study 📈
This case study demonstrates how intelligent refurbishment and layout optimisation can dramatically enhance rental income and capital value. By converting a dated two-bedroom apartment into a high-quality three-bedroom home, significant market uplift was achieved.
Design-led upgrades such as satin brass detailing, natural oak flooring, and jet black blinds elevated the apartment’s appeal. The addition of a dedicated utility room further improved usability, making the property more attractive to both tenants and future buyers.
Rental Growth & Capital Appreciation 🏠
The refurbishment resulted in strong rental growth and a substantial uplift in valuation, highlighting the commercial benefits of well-executed internal reconfiguration within existing apartment footprints.
Project Performance Summary 💷
Refurbishment Cost: £56,500 |
Previous Rent: £1,300 pcm |
New Rent: £2,280 pcm
Rental Uplift: £980 pcm (20.8% ROI)
Previous Valuation: £275,000 |
Current Valuation: £550,000
