Turning a three-bed let into a four-bed let, generating an extra £300 per month

We recently met a landlord client at her rented property in the Heath. Currently let to three students, she wanted our advice on how to create a fourth bedroom without adding an extension.

As it stands, the lounge is situated at the front of the house and there's a kitchen plus utility room at the back. Our Property Advisor, Helen, suggested knocking the kitchen and utility room into one to create an open-plan kitchen/lounge, allowing the front room to be turned into a fourth bedroom.
We gave the landlord an estimate of £15k to carry out the work, which included making the kitchen a bit smaller as the existing one would have been too big for the new, open-plan layout.
Currently let for £900 (£300 x 3) per month, we’ve already secured tenants for the 2016/17 academic year at £1,200 (£300 x 4) per month.
If you’d like us to cast our eye over your buy-to-let investment and suggested similar improvement work, please call Rhys Owen today on 02920 668585, or e-mail him via rhys.owen@cpshomes.co.uk.

'Before' and 'After' floorplans below...





04 March 2016


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