Upgrading Your Second Property In the Right Way

Investing in the property market is an excellent way to earn some extra money and take on a career that you’re passionate about. However, when it comes to upgrading your second property for future sale or rental, you need to make sure you’re going about it in the most cost effective way. Whether you’re a new landlord looking to step into the world of real estate, or you’re genuinely looking for ways to improve your second property so you can increase the sale price or rent, some of the following ideas will help you to make those all important decisions.

Expand and Extend

If your current space feels awkward, clunky or unnatural, it might be worth doing a complete overhaul with the help of an expert. Investing in this now will bring you long-term results for the future rather than “making do” with an inadequate space. You may want to look into architects in your local area, and discuss how you can turn your visions into an attractive and enticing property. When you opt for a unique design or layout it can boost appeal when you eventually put it onto the market for sale or rental.

Consider the Best Features of Your Property

When you’re looking to upgrade your second property, you need to understand the type of people you’re hoping to sell or rent to. For example, if the property boasts a huge kitchen or master bedroom you may want to appeal to couples or families. Capitalising on the most attractive features of the property can really help to drive the rental or sales prices up, as it’s what your target client is looking for.

Don’t Forget Your Outside Space

Outdoor space is very important to consider, especially if you’re planning on renting out your property. You may want your tenants to be in charge of maintaining the outdoor space, which could become time consuming and costly for them. If you’re looking for a low maintenance option for your outdoor space, you may want to consider artificial grass if your property has a garden. This will help your tenants to stay on top of any outside maintenance and it will keep your house looking neat and tidy all year round.

Playing the Long Game

When you own a second property, it is important to consider your long term goals and how you can make decisions now that will serve you in the future. Don’t make the mistake of choosing the cheaper, quick fixes as this may end up costing you more in the long run. Choose wisely and invest more money now, so that you can get a better return in the future.

With these ideas in mind, your second property is bound to undergo the makeover it deserves. Whether you’re looking to completely change the layout with the help of a professional architect or you want to make small, cost-effective changes that last for the long haul, these steps will help you to achieve a profitable and appealing property to put on the market.

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Revealed: the most lucrative shared living postcodes

New research from COHO, the HMO management platform, reveals that the shared living market in England & Wales generates an estimated monthly rental income of £1.4bn. But which postcode areas are creating the most income from shared living? How much are HMOs making in your postcode? Find out here COHO has analysed the estimated number…
Read More
Breaking News

Mortgage approvals continue to climb in June

The latest mortgage approval data from the Bank of England figures show that: – Mortgage approvals on house purchases for June sat at 64,167 up (+1.4%) from 63,288 in May. This signals two consecutive months of growth. Approvals are also up (+5.6%) when compared to the 60,761 seen in June 2024. This growth is positive,…
Read More
bank of england interest rate
Breaking News

Bank of England Money & Credit Report June 2025

Net borrowing of mortgage debt by individuals increased by £3.1 billion to £5.3 billion in June, compared to a £2.8 billion increase to £2.2 billion of net borrowing in May. Net mortgage approvals for house purchases increased by 900, to 64,200 in June. Approvals for remortgaging also increased by 200, to 41,800 in June. This…
Read More
Breaking News

Housing market’s summer surge dampened by soaring stamp duty costs

Housing market activity has surged, with buyer demand up 11 per cent and agreed sales up eight per cent year-on-year, defying typical summer slowdown National house price inflation has slowed to 1.3 per cent, driven by a 12 per cent increase in homes for sale and higher stamp duty costs for many buyers Higher stamp…
Read More
Rightmove logo
Breaking News

Rents reach another new record as tenants pay £400 more than five years ago

The average advertised rent of homes outside of London has risen to another new record this quarter of £1,365 per calendar month (pcm), but the yearly pace of rent growth continues to slow: London rents also reach a 15th consecutive new record of £2,712 pcm this quarter Five years on from the pandemic, new tenants…
Read More
Breaking News

Six UK vineyards where homebuyers avoid the 84% premium

Six affordable UK vineyards where homebuyers avoid the 84% house price premium and toast a better deal The latest research from Yopa has revealed that living close to one of the UK’s top vineyards will set homebuyers back an average of £494,739, 84% more than the current UK average house price. However, there remain a…
Read More