In the bustling property market of London, achieving a substantial rental income, such as £1000 per month for a small room, is not only feasible but highly achievable with strategic interior design. At Premier Rooms London, our experience in areas like The London Borough of Newham and The London Borough of Barking & Dagenham demonstrates that even in less sought-after locations, exceptional interior design can significantly elevate rental income. This article aims to guide landlords and property investors on how to design rooms to attract high-paying tenants, emphasizing cost-effective methods and smart design choices.
Precision in Painting: Start with a meticulous painting job, choosing Dulux's brilliant white Matt paint for the majority of the room. This paint is renowned for its high quality and durability, ensuring a long-lasting, crisp, and expansive feel. This choice of color not only brightens the room, making it appear larger and more inviting, but it also provides an ideal backdrop for additional design elements, allowing them to stand out and capture the eye.
Bold Feature Wall: Introduce a dynamic element with a vibrant feature wall, ideally in a striking Mustard shade. This isn’t just about adding a splash of color; it’s about creating an ambiance that’s both warm and contemporary. This bold choice infuses the space with personality, making it more appealing and memorable. The feature wall acts as a visually arresting focal point, captivating potential tenants and setting the tone for the rest of the room.
Luxurious Bedding Within Budget: Invest in a king-sized bed with built-in storage - a blend of style and functionality. Elevate the sleeping experience with premium bedding. Opt for a high-tog duvet for ultimate comfort, plush pillows for a luxurious feel, and white hotel-grade duvet covers for an elegant touch. These can be sourced affordably without compromising on quality, ensuring guests feel pampered. A well-chosen throw not only adds an extra layer of sophistication but also introduces texture and color contrast.
Harmonious Window Treatments and Rugs: Carefully select window blinds that complement the feature wall, creating a cohesive and harmonious look. This attention to detail shows a commitment to design and adds to the room's aesthetic appeal. Complement this with a rug that not only ties the room’s design elements together but also adds both comfort and style underfoot, enhancing the room's welcoming ambiance.
Elegant and Practical Furniture: Furnish the room with a white cupboard, chest of drawers, and bedside cabinets, carefully chosen for both practicality and style. These pieces should offer ample storage while maintaining a sleek, uncluttered look. Opt for matching lamps to enhance the ambiance, adding a warm glow that can transform the mood of the room.
Statement Headboard and Innovative Storage: A grand headboard can instantly elevate the bed from a mere piece of furniture to a luxurious focal point. This, combined with innovative storage solutions, maximizes the use of space while contributing significantly to the room's overall luxury feel.
Decorative Accents: Embellish the room with a freestanding mirror and thoughtfully selected wall art that reflects the room's color palette. These elements not only add character and depth but also personalize the space, making it feel more like a home than a rental.
Modern Amenities: Incorporate a wall-mounted TV with Amazon Prime, ensuring entertainment options are at the fingertips of your tenants. Combine this with a smart lock for enhanced security and peace of mind. High-speed internet (1000mbps) is no longer a luxury but a necessity, catering to the needs of the modern, connected tenant.
Incorporating these design elements thoughtfully and meticulously can transform a simple room into a luxurious, highly sought-after space. This approach to interior design is not just about aesthetics; it's about creating an experience that resonates with high-paying tenants, ensuring a lucrative return on investment.
With a strategic approach and a budget of approximately £1500, landlords can design a room that not only looks luxurious but also commands a rental price of £1000 per month. The secret lies in selecting high-quality, cost-effective items, with a preference for online platforms like Amazon for the best deals.
We are actively seeking partnerships with landlords to extend our rent-to-rent and serviced accommodation business. Our expertise in interior design and property management is key to transforming properties into highly desirable, high-yielding investments.
The journey to achieving high rental yields in London's competitive market begins with strategic interior design. By adopting the methods outlined above, landlords can significantly enhance the appeal and value of their properties.
If you're looking to transform your property into a high-earning asset, consider partnering with a proven expert like Premier Rooms London. Our track record in designing high-rent-fetching properties is a testament to our expertise and commitment to excellence in the property market.
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