If you’ve invested in a property which needs complete refurbishment; spatial redesign; an extension; or a garage/loft/basement conversion our experienced designers can help you through the stages from the initial conceptual design to completion.
Property development, or a complete refurbishment, is a complex and comprehensive process that requires careful consideration and planning. Whether you’re an individual looking to renovate your own home or an expert property developer seeking to maximize returns, there are several crucial factors to keep in mind before embarking on a complete refurbishment project. We can help you to clearly define your goals and objectives for the work.
Goals
The biggest decision is whether your aim is to maximize the property’s value or to enhance its functionality, updating its aesthetics for your own use. This will define the direction you’ll need to take throughout the project
Budget
The second most important issue is to establish a realistic budget that includes all potential costs – such as construction, materials, permits, professional fees, fixtures & fittings – but also contingency funds. It’s crucial to have a clear financial plan and to account for unexpected expenses.
Research
If your aim to increase the property’s value, it’s important to conduct thorough market research to understand the demand and trends in the local property market. Knowing your target audience will help to tailor the refurbishment to meet their needs and preferences.
Most amateur developers don’t know if and when they need planning permission and Building Regulations approval. It is important that your refurbishment plans comply with all legal requirements to avoid delays and potential fines or even enforced reinstatement.
Project management
For a successful refurbishment, a skilled and reliable team of professionals – including architects, contractors, project managers and interior designers – should be assembled ; then collaboration and effective communication are vital.
Allow a realistic timeline for the project, taking into account potential delays and unexpected challenges.
Invest in good quality materials and skilled craftsmanship. Cutting corners on materials or workmanship may lead to costly repairs and maintenance issues in the long run.
Design
Keep the resale value in mind when making design and renovation decision even if you’re doing it for yourself. While personal preferences are important, it’s important to balance them with features that have broader market appeal in case you need to sell your property.
Finally, if you don’t want to refurbish every 5 years, don’t follow current fashionable trends and design styles – it’s better to work around a timeless theme that can be freshened up or styled in accordance with future tastes.