5 Bedroom Upgrades That Will Increase Your Rental Income

 

As a landlord, maximizing your rental income is crucial, and one of the best ways to do that is through smart upgrades. In particular, bedroom upgrades can significantly increase the value of your rental income and attract high-paying tenants. In this article, we’ll discuss five effective bedroom upgrades that can boost your rental income by up to 20%.

1. Upgrade to Built-in Wardrobes

Built-in wardrobes are a space-saving feature that tenants love. They give a sleek, modern look while maximizing storage, which is a big selling point for renters. Consider adding sliding doors with mirrors to enhance the sense of space.

Why it works: More storage means less clutter, which makes the room feel bigger and more functional—something tenants are willing to pay extra for.

2. Modern Lighting Solutions

Swap out old, dull light fixtures for modern, stylish ones. Go for pendant lights or recessed LED lighting to create a contemporary feel. Adjustable lighting that allows tenants to switch between bright task lighting and warm, ambient light is especially appealing.

Why it works: Well-lit rooms not only feel larger but also more welcoming. A great lighting setup is an easy way to add perceived value to a space.

3. Upgrade Flooring to Hardwood or Laminate

Carpets can easily look worn out over time, and many tenants prefer the look and feel of hardwood or laminate flooring. These are durable, easy to clean, and give the bedroom a luxury feel.

Why it works: Tenants are willing to pay more for durable and stylish flooring, and it reduces your long-term maintenance costs.

4. Neutral Wall Colours for Universal Appeal

Opt for a neutral colour palette like soft greys, whites, or beiges. These colours make the room feel larger and more inviting, and they appeal to a wide range of tenant tastes.

Why it works: Neutral tones allow potential tenants to envision their own furniture and décor in the space, making it easier for them to feel at home.

5. Add a Furniture Package

Consider offering a fully furnished bedroom, especially if your property attracts corporate tenants or short-term renters. Furnishing the space with quality bedroom sets, like those from Hometastic, can make your property more appealing, reduce the tenant’s setup costs, and justify a higher rent.

Why it works: A furnished property saves tenants time and money, making your rental more desirable—and higher rent more justifiable.

Conclusion

By making strategic bedroom upgrades, you can dramatically increase your rental property’s value and appeal. Each of the above improvements not only boosts tenant interest but also helps you justify a rent increase. Ready to start? Begin by checking our bedroom packages.