Top Budget-Friendly Storage Solutions For Your Rental Investment
We always find ourselves answering the same question from our owners.
"How can I get my residents to stay longer?"
The good news is, thanks to our vacating questionnaire, we have all the answers.
We asked our residents, if you could change one thing about your property, what would it be?
Storage facilities landed in the top three.
With space at an all-time premium in London, it's no surprise that storage ranked high on our resident wishlist.
The increase in rental prices, cost of living and working from home means that people spend much more time inside than ever before.
In short, people need space; if they have it, they'll stay a lot longer.
Optimising storage is an easy and budget-friendly way to give your residents as much space as possible, and we're going to show you how.
Built-in for the win
Built-in wardrobes are custom-designed to fit the available space, which means they can make the most of even small or awkwardly shaped rooms. They can be designed to fit around features such as windows, doors, and alcoves, so there is no wasted space.
Use every nook and cranny
Corner kitchen cabinets are a great way to make the most of the available corner space, which can often be underutilized in a kitchen. Top-floor flats can be especially tricky because they sometimes have awkward ceiling coving, but you can still be clever with your storage; open shelving is a great way to add more storage in a space where a cupboard wouldn't work. Do you have a bit of an awkward space between the cabinets and the wall? It's the perfect opportunity for a wine rack.
Making more bath-room
Optimizing storage in a bathroom can be challenging due to the limited space available. However, with creativity and planning, you can maximize the storage space and keep your residents happy! Make the most of the area under the sink by adding pull-out drawers or a shelving unit. Making use of the vertical space by adding a mirrored cabinet cupboard, it's a great way to combine both items whilst still adding a little extra storage for your residents!
So there you have it - your framework for investing in storage solutions that'll encourage longer stays, more rent and quality residents.
To learn more about installing storage solutions in your rental investment, contact our refurbishment team today.
Whilst you're here, why not read "Budget-Friendly Rental Property Upgrades with High ROI!" or "Understanding Resident Profiles: How Can You Attract Your Perfect Match?"