Have tenants ruined your property? See how the Selling Houses Australia Extreme team tackled a similar problem in episode six.
Address: Frankston, VIC
List Price: $270,000
Sale price: $270,000
Makeover budget: $13,000
It’s not often the team takes on an investment property but this is an extreme situation which prompted the owner’s mother to contact us on her son’s behalf. Ben bought the place just eight months ago thinking it was an uncovered gem but ill health forced him to rent it out before he’d had a chance to do any improvements. The time has come when he has no option but to sell and now the house is in such a state it makes your average student share house look upmarket! With rats on the loose, no kitchen, no guttering and an easement through the block, it’s going to be a major challenge to get this house fit for sale.
This was probably one of the filthiest places Shaynna has had to tackle! First step on the road to renovation was to clear out the debris left by the tenants. It was a massive job, but industrial strength removalists Metro Movers helped to strip the place back to basics, leaving Shaynna and the team on clean up duty.
With all of the junk taken away, Shaynna could see the extent of damage to all of the doors and door frames. The front door is literally the first part of the property investors see, so it’s important it looks clean, fresh and well maintained. Shaynna had to replace or repaint all of the doors, and chose Taubmans Endure Interior ‘Crisp White’ to keep a uniform colour throughout, and really lift the standard of the interior.
Perhaps the most important addition to this property was a functioning kitchen. With limited space and budget, Shaynna had to stick to the basics by repairing the water damaged walls and ditching the kitchen sink before installing a single row of cupboards. Shaynna picked up a great deal by buying directly from the manufacturer, which gave her extra money to install a much needed convection microwave oven from Appliances Online. The kitchen was finished off with a splashback of budget white tiles and a coat of paint in Taubmans Endure Interior ‘Jess’ to keep it light and fresh.
The same paint colour was used on the walls throughout the living areas and bedrooms, while all trims were painted in Taubmans Endure Interior ‘Crisp White’. Keeping a neutral colour scheme helps to make a very small house like this seem much larger, and the lighter semi-gloss on the trim gives the place a sense of modern style.
To finish off the fresh and simple look Shaynna was going for, Blinds Online supplied classic white Venetians to dress the windows, and Mica Lighting had simple yet classy light fittings to match. Shaynna and Jules had fun at the Valiant Hire showroom and chose some key pieces of furniture to give investors an idea of what each room is for. To finish up, Spotlight had the perfect accessories to help turn this rundown rental into a lucrative investment property.
Not even Charlie could escape from clean up duty on this renovation. The backyard was an overgrown jungle and before he could even mow the lawn, it needed a once over with the whipper snipper. But once that was done, you could really see what a huge block the property was on – its size and openness a great plus for selling an investment property, and as long as it looks neat and tidy, it looks low maintenance.
Plants originally used to screen out traffic noise at the front of the property had become hideously overgrown and Charlie needed to get rid of them to enhance street appeal. Unfortunately this meant exposing a sadly neglected porch and rotting front fence, which both needed replacing. O’Shea’s Timber and Truss supplied all the timber for this badly needed facelift. Charlie painted the fence in Taubmans Endure Exterior ‘Crosby’, and used Taubmans White Knight paving paint in ‘Woodbine’ for the new porch.
The back fence also needed replacing in order for the property to seem secure to prospective investors and tenants. Jamie’s Fencing installed the brand new ‘Evergreen’ Smartascreen Colorbond fence, supplied by New Colour Fencing and BlueScope Lysaght. This part of the renovation used a significant part of Charlie’s budget but the fence is now inconspicuous and long lasting, which is perfect for a rental property.
Charlie couldn’t do anything about the fake brick façade of the house, so he had to enhance other features out the front by creating a welcoming exterior. Using some new pots from Potsonline and low maintenance plants from Flower Power, Charlie could entice buyers past the front fence and into the house, as far away from the traffic noise as possible.
Taubmans colour chart
Exterior Gutters - Exterior low sheen “Aspen snow”
Exterior Timber, Fence & Trims - Exterior low sheen “Crosby”
Exterior front porch - White Knight paving paint “Woodbine”
Interior Trims - Interior semi gloss “Crisp White”
Interior Walls - Interior low sheen “Jess”
Interior Ceilings - Ceiling “Flat White'