It’s all about kitchens and bathrooms—fix them up and you’ll add value to your property. This is not new news. But perhaps you’re not aware how much value?
The average house price in the UK (in 2020) was £235,298; research suggests that a kitchen renovation can boost the worth of a property by 10%, which is a massive £23,529.
Renovating a bathroom can add 5% to the value of a property (£11,647) – not quite as much as a kitchen but still worth the spend, depending how much fixing up you have to do.
Property experts suggest the most important kitchen features (in order of value) for new prospective buyers are:
- Kitchen Island/ Breakfast Bar – supply & fit £600
- Modern & Spacious Storage Units – supply & fit £4,000
- Glass Doors (leading to outside) – supply & fit £3,000
- Good Quality Tiles & Grouting – supply & fit: New Tiles – £35/sq.m. Regrout: £25/hr
- Durable & Stylish Worktops – supply & fit £250
- Adequate Lighting – supply & fit £100
Property experts suggest the most important bathroom features (in order of value) for new prospective buyers are:
- Good Quality Tiles & Grouting – supply & fit: New Tiles – £35/sq.m. Regrout: £25/hr
- Bathtub – supply & fit £500
- Electric/Power Shower – supply & fit £100
- Walk-in-Shower/Wet Room – supply & fit £8,000
- Sturdy Fixtures – supply & fit £100
- Neutral Colour Scheme – supply & fit dependent on scale of project
- Underfloor Heating – supply & fit £100/sq.m
If you are hoping to upscale your kitchen/bathroom on a budget; cleaning the grout on your tiles, painting, replacing fixtures (taps etc.) or adding shelves (rather than entire units) can do the trick.
For all your energy-related needs, contact the team at AACooper on 01689 485007 or info@aacooper.co.uk.
Source: Tap Warehouse
