Star of property program Relocation, Relocation, Phil Spencer has advised property developers and those considering property development courses to think very carefully when considering how to invest in their projects. He stated in The Times that there are adaptations property developers can make which will add over 9% to the value of a property. If you are considering attending one of Access Training’s property development courses, then this should come as excellent news. Upon completion of our property development course, you will be in a position to reap the rewards of your hard labour when it comes to selling your home and moving on.
Adding value to a project is the bottom line for all graduates of property development courses; Spencer explained the most effective way of achieving this was with a kitchen, bathroom or garden refurbishment. The tutors at Access Training’s property development courses whole heartedly agree with this point and teach their students how to carry out such refurbishments to the most exacting of standards.
Those of you considering undertaking property development courses should firstly note Phil’s comments: “If you are only going to improve one room, make it the kitchen. This has now become the showpiece area of the home. We don’t just cook in it; we do homework, watch television and hold dinner parties in it too. The number one priority is creating a handsome and efficient work surface, ensuring easy access between the three points of the kitchen triangle, namely the sink, fridge and cooker.
“You should also ensure the equipment you install is as up to date as possible, so it won’t look outdated in 10 years. Property development courses teach individuals to ensure the price bracket of your kitchen matches the price bracket of your home. There is no point putting a £25,000 kitchen in a £250,000 house; you won’t see a return on investment. Equally a £10,000 kitchen in a £1 million house will only drag down the value. Typically, a new kitchen will add 4.6 per cent onto the value of your home.”
Phil also offered some valuable advice as to how best refurbish your bathroom: “The secret is to keep things simple. You don’t need to do a lot with the room; it’s all about the features you put in. You should think about a set of new taps (£20), a heated chrome towel rail (£50), a big shower head (£20), a power shower (£250-£750) and a glass screen (£100) or glass door (£125) instead of a shower curtain. A new bathroom puts 2.88 per cent onto the house value.”
The third area that Phil said that graduates of property development courses should concentrate on is the garden: “Make it accessible and enjoyable from the house; glass doors are a good idea, as is outdoor lighting. View the garden as another room; install decking (£250 up to £5,000) and you can add two per cent to the house value.”
If you are considering property development and are looking for all encompassing property development courses, Access Training can offer you property development courses which will teach you the trade skills needed to add real value to your property at a fraction of the cost. Take a look at our bathroom fitting courses, kitchen fitting courses for more details. Alternatively call us now and we’ll answer all you questions.