If you’ve just bought a buy-to-let property and want to make sure that you have as few vacant lots as possible, you may want to look at ways to improve your units or building as a whole. There are tons of renovations that will give you an impressive return on your investment and can be done pretty fast too, and if you’re strapped for cash, these are the ones you should be focusing on. Let’s take a look at a few simple and budget-friendly ways to improve the look and value of your buy-to-let property.

Improve or Add Lighting Fixtures

Lighting is one of the most important parts of any home and adding functional and decorative lighting with customisable and smart options is one of the best ways to make your units more attractive. Recessed lighting is something that will woo a lot of potential tenants, especially if it helps them navigate their homes better. Properly placed lighting can also make working in the kitchen or performing simple tasks like reading at night more convenient, and people will be impressed if they can use all sorts of lighting options for their devices right from the minute they move in.

You have to be very careful with any type of renovation that involves your electrical grid, however, and be aware that you may need to get an electrical certificate from a certified inspector before you can welcome tenants in. It is required by law that you get an Electrical Safety Certificate from a competent and qualified person after any major electrical addition or modification, or you may be subject to fines and lawsuits. So, make sure that you know all the compliance rules before you carry out any renovations, especially those targeting major components.

New Paint and Moulding

If you want to give your units an overall better look on the cheap, a good paint job will do the trick. You should try to stay on trend with your colour choices, and don’t be afraid to get creative with colour schemes as they can really make a room stand out. If you have a little bit of money left, adding crown moulding all around the house or in certain rooms will make them look more polished and luxurious.

Small Kitchen Upgrades

Performing small kitchen upgrades across units is another simple but efficient way to make them look more attractive. Replacing cabinet doors could be an option if you have the money. Or you could simply have them resurfaced and add new fixtures. Replacing worktops could be a bit expensive, but you could get roughly the same results by adding veneer, so consider making some modifications there as well.

These renovations are all relatively cheap and could go a long way in helping you attract tenants. They will also be appreciated by the tenants you currently have and allow you to charge more for rent, so look at all of them and perform those that would make the most sense for your property and market.