10/03/2026
Cheap refurbs are rarely cheap.
A lot of investors try to cut costs during refurbishment.
Lower spec. Quick finish. Just enough to get a tenant in.
It looks efficient at first.
But it usually leads to:
- Lower quality tenants
- More maintenance issues
- Higher tenant turnover
- Longer voids
The refurb isn’t just a cost.
It’s what determines how the property performs for years.
When it’s done properly it attracts better tenants, reduces problems, and protects the asset long-term.
Two similar houses on the same street can perform very differently.
Often the only difference is how the refurbishment was approached.
Not exciting, but it works.
