Every one of our clients has a different motive for their renovation, refurbishment, conversion of the loft or extension of their property.

Old Town Property Services is always focused on is the return in investment.

It may be for a lifestyle change, to provide additional living space, modernise what was already there or to prepare for the rental market, but one thing Old Town Property Services is always focused on is the return in investment.

A recent example…

Second home purchased in Broadstairs, Kent, for £375,000 by a family from Hackney, London. No work had been carried out on the property for over 30 years. The scope of Old Town Property Limited’s remit was a complete rip out, re-wire, new kitchen, replace half the roof, internal structural alterations, new family bathroom, full garden redesign incorporating tree removal and patio area, flooring throughout, decoration.

Old Town Property Services Limited offered a fixed cost estimate of £80,000, work completed within 14 weeks, then revalued by local estate agents at an average of £545,000. That’s a profit of £90,000 on investment.

Old Town Property cannot take all the credit, the client bought a fantastic property in a great area, in need of total modernisation and invested in Old Town Property Services to deliver their return on investment.

On a smaller scale, there can be significant returns on investment on straight-forward refurbishments, loft conversions and extensions, these returns are always considered and discussed prior to commencement by Old Town Property Services to give our clients a realistic expectation of their return on investment.

Read our recent blog that explains the expected costs for your next house renovation or refurbishment.