How homeowners and landlords in Brent can add value to their property

In this article, we look at some of the most lucrative things people have ploughed their money into and how you can add thousands to the value of your property. A fast Saturday 90-second read.

How homeowners and landlords in Brent can add value to their property
In 1903 John Gray (no relation) invested $10,500 (approx. $264,000 in today’s money) into a small car company.

Fast forward 16 years and Gray’s family sold their share back to the Ford Motor Company for more than $26.25m (around $1.8 billion today).

The film star Ashton Kutcher invested a cool £364,000 in a start-up taxi service called Uber several years ago. You’ve probably heard of it. His stake is now worth more than ten million pounds.

But you don’t have to be a canny entrepreneur or heart-throb film star to spend your dosh wisely.

Below are five ways homeowners and landlords can add value to their properties.*

1)     A new bathroom can add up to 3% to a home’s value.
2)     Converting a garage to a home office or extra room can potentially create a 10-12% uplift.
3)     A loft conversion can help your property’s price rise by around 10-15%.
4)     A new kitchen can add 5% to a property’s value.
5)     A side or rear extension will add more space, and that will create a higher value for your property, potentially up to 15% depending on the size and quality.

*These estimates come from a Zoopla report from 2018 but are still relevant today.

We’ve experience in helping people work out what home improvements will also boost a property’s value.
So, whether you’re thinking of improving then selling, refurbishing then renting out or simply curious about what your home’s value on the Wembley property market is right now, give us a call.

We’re here to help.

What’s the best investment you’ve made when it comes to your property?

We’d love to hear from you.

Thanks for reading.

Abigail & the team at Grey & Co

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Meet Abigail

  Hello, my name is Abigail, and I am the Grey in Grey & Co. I started working here in 2002 as a Junior Negotiator and have worked my way up the ranks since then. I took over running the company in 2014 and have been enjoying the roller coaster that is leadership ever since.   During my 20 plus years at Grey & Co I have dealt with the sale of over £100,000,000 worth of property and overseen the management of assets worth £250,000,000 for clients around the world.   I also had the pleasure of working with my father, the founder of Grey & Co, for 15 years before he sadly passed away and from him, I learnt the work hard ethic and our values today are still the ones that he founded the company on all those years ago.   Be Remarkable, Be Passionate, Be Humble and Be Better.   As a community centric boutique family agency, you couldn’t find a better partner to take with you on your property journey.

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