Edinburgh landlords are being urged to consider property upgrades to stay ahead of the competition.
With more rental properties on the market than at any other time over the past five years, tenants have a wide choice of high quality accommodation with up-to-date fixtures and fittings. In order to minimise void periods and ensure tenants renew contracts landlords have started upgrading kitchens and bathrooms and redecorating city centre properties.
Leading Edinburgh property lettings and management specialists Cullen Property have seen their refurbishment service gain in popularity over the past six months.
Operations Director Steve Coyle said: "Landlords have to compete for tenants if they want to avoid flats lying empty.
"Property types that were hard to find such as two bedroom flats in sought after areas, are now available across the city and prospective tenants can take their pick, making it even more important that landlords offer accommodation to a high standard.
"Our refurbishment team has definitely been busier than ever before over the past six months advising existing landlords as well as new clients on changes needed and how they can make a property more attractive."
While Edinburgh's property market is showing some early signs of recovery, Cullen Property predicts that the number of flats available for rent will remain high for the foreseeable future as landlords wait for property values to rise again. The company currently manages nearly 300 flats across the city and continues to achieve above 98% occupancy levels.
The firm offers a full management service, including property sourcing for investors, lettings and refurbishment.
(GK/JM)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
22/11/2024
SP Energy Networks has announced a major investment in Britain's electricity grid, selecting 19 preferred partners to deliver a £5.4bn supply chain programme. This significant initiative aims to meet increasing energy demand and facilitate future growth. The selected companies, many of which are ...
22/11/2024
Edinburgh City Council has launched a 12-week public consultation on a new strategy to revitalise Princes Street and the wider Waverley Valley. The vision aims to create a more vibrant and welcoming city centre, attracting investment, supporting businesses, and enhancing the visitor ...
22/11/2024
Ener-G Services Limited, a leading UK electrical engineering company specialising in renewables, marine, and offshore sectors, has expanded its operations in Westhill, Aberdeenshire. The company has leased Unit 6E at Kingshill Commercial Park, a 2,500 sq ft space, on a 5-year lease. This new ...
22/11/2024
A consortium of leading scientists, industry experts, and academic institutions has joined forces to accelerate Scotland's offshore wind sector. The £2.5 million project, led by the University of Edinburgh in collaboration with the University of Dundee and the Forth and Tay Offshore cluster (FTO), ...
22/11/2024
The Port of Aberdeen and Turner & Townsend were highly commended in the 'Engineering, Construction & Infrastructure Project of the Year' category at the APM Project Management Awards 2024. The award recognises excellence in project management and the positive impact on end-users. The £420 million ...
22/11/2024
South Lanarkshire Council's £10 million fire safety improvement programme has reached a significant milestone, with CCG (Scotland) completing installations in over 1,700 high-rise residences across East Kilbride and Cambuslang. The Glasgow-based construction firm has been working closely with the ...
22/11/2024
SSEN Transmission, a key player in the UK's energy transition, is set to further expand its workforce and move into a new, sustainable office space in Glasgow. The company's commitment to net zero and the increasing demand for green energy workers has led to significant growth, with the number of ...
22/11/2024
Scottish Water is investing in the upgrade of its Loch Eck clean water plant in Dunoon. The project involves replacing outdated dry well pumps with new, more reliable pumps capable of operating in both wet and dry conditions. WGM Engineering, an RSK Group company, has been tasked with carrying out ...
22/11/2024
Scottish Land & Estates has expressed serious concerns over the Scottish Government's Land Reform Bill, particularly the provisions that would allow ministers to force landowners to sell large estates in lots. Sarah-Jane Laing, the organisation's chief executive, stated that while the land-based ...
22/11/2024
Clark Contracts employees have once again shown their commitment to community engagement by volunteering at Silverburn Park in Leven. On Thursday, 21st November, 16 members of the team spent their day planting over 400 trees and carrying out other landscaping tasks. This latest volunteering effort ...