Recent reports have suggested that the trend to buy run down houses in Oxfordshire in order to develop them is becoming more and more popular amongst landlords. The ‘refurbish-to-let’ process is the result of rising house prices and smaller rents. This means that many homeowners letting out properties have to find different ways to make a decent return.
As Oxfordshire-based builders, we know from the amount of property refurbishments and loft conversions we carry out that more and more clients are facing challenges in the sector. These last couple of years has seen a sharp rise in the popularity of HMO (House of Multiple Occupation) as they have provided the highest yields in Oxfordshire.
By investing in run down properties, our clients are then using companies like GDS Construction to carry out high quality and cost effective property refurbishments.
Many properties are bought at auction or through clearance with a view to ‘do up’ and rent out. By adding property extensions and loft conversions to allow more occupants, the individual houses are let out as a HMO to benefit from individual rental fees.
As a positive strategy, it increases an Oxfordshire property’s capital very quickly. Less maintenance would be needed and as many of the houses and flats we carry out work on will always attract low risk tenants such as students, professionals and skilled workers.
Whether you need to carry our property refurbishments or property extensions, we are able to work closely with a landlord to enable them to produce an extra bedroom to rent out. As experienced builders, we can work to an acceptable timeframe in order to produce a professional and high quality addition to your Oxfordshire property.
This could also come in the shape of our bespoke loft conversions in which we have gained many new clients for, over the years. Loft conversions in Oxfordshire have become a more common addition and with our builders at the helm, we guarantee that any of our property extension adds tremendous value to your home.
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"I have worked with GDS Construction on both small domestic and larger commercial projects - they have always delivered on our agreed objectives and supplied valuable quality outcomes on time meeting our customers expectations - in todays competitive market you need partners you can trust and they have not let me down"
Nick O'Connell Owner - Whitehorse Property Services - Plumbing Heating Electrics Renewables
"Gary and his team have helped us with several jobs over the years we have been here. We have always found them to be very fast and reliable. This has meant that we have been able to get any work done with the minimum fuss so we have not had to stop trading at any point."
Dave & Tutu, Owners of The Churchill Arms, Long Crendon, Bucks
"GDS have demonstrated a keenness to 'get the job done', the capacity to work with a demanding client and good value for money."
Selby Stocks of David Parker Architects.