Would two baths and two beds give a better return?

Would two baths and two beds give a better return?

9:00 AM, 16th September 2019, About 5 years ago 6

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In our area there are 1930s estates which rent well. There are many semi and some detached.

One area or estate has many houses where the third bedroom is something like 40 sq feet. This is only really a child’s bedroom. I am wondering about buying one for the rental market and converting this room into a bathroom.

We would therefore have two double bedrooms and two bathrooms. Perhaps a good shower in one and a bath in the other?

There are very few such properties in the area. Perhaps this might generate a better return on investment?

What do you think?

David


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Neil Patterson

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11:40 AM, 16th September 2019, About 5 years ago

Hi David,

Are there any comparable in the surrounding area you can find on Rightmove easily?

david porter

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12:04 PM, 16th September 2019, About 5 years ago

Neil
Thank you for your iterest.
I have nt been able to find comperables , I cannotf find two bed two baths in the area at all.

April

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14:08 PM, 16th September 2019, About 5 years ago

I'd consider converting it into a dressing room rather than a bathroom. Dressing rooms appear to be all the rage ATM - but perhaps asking the local estate agents what's selling might give you some evidence or having a look at local builders' show homes?

david porter

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14:13 PM, 16th September 2019, About 5 years ago

I cannot find any 2 bed 2 bath properties for sale or otherwise in the local area.
Rightmove does give filters but not for number of bathrooms.
A semi with two beds and two baths would be unique which is perhaps why there would be some kind of demand?

Dino

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15:21 PM, 16th September 2019, About 5 years ago

You need to look at the likely renters and future buyers. If it's professionals sharing a house, then 2 big beds and 2 baths/ensuites probably works best, as no one will want the tiny bedroom and not sharing a bathroom is a plus. If it's families, they're less likely to want the bathroom over the bedroom.

amarni

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17:01 PM, 16th September 2019, About 5 years ago

Your rent will reflect a slightly higher sum and be more desirable.
If your market is the town centre, professionals market I would try to create either an en-suite shower to master bedroom or a 2nd bathroom/smaller shower room with (space permitting) an outside separate storage area/cupboard. 2 Bathrooms attracts a wider range of renters, ie a couple or 2 sharers or at couple plus child.
If the property is a furnished one opt for a kingsize bed with the possibility of dividing them up into 2 separate ones.
Most people prefer their own private wash facility area.

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