Property design trends that could lead the charge next year

Property design trends that could lead the charge next year

With the property market showing modest performance over the past few years, many investors are turning to alternative options like real estate investment trusts or purchasing pre-existing properties and remodelling them. In 2022, experts predict that a shift may also take place from private homes to a hybrid of industrial or commercial properties and residential properties.

Working from home set-up

Working from home culture shift

Many experts have been tipping this shift for some time now, but it has failed to materialise because of low-interest rates, which have made investing in residential property highly profitable. The pandemic has now created an opportunity where investors can capitalise on the work from home trend by creating multi-purpose facilities. This will create a subculture of individuals and small families opting to stay in apartments or smaller houses built close to offices or business hubs in the suburbs. Remote work has opened up a whole new era in the property sector, where coffee shops and restaurants have been doubling up as offices.

There’s a relatively new trend where freelancers can ‘rent-a-desk’ in an office building which is totally unrelated to their line of business. A kind of symbiotic relationship has developed between people, buildings and the purpose of said properties.

This post takes a look at property design trends that will come into play in 2022. Here’s a list of ten design trends that could lead the charge.

1) Open plan living – a growing trend amongst people who want to live an open and socially inclusive lifestyle. Open plan design essentially means that there’s no division between common spaces and private zones. This creates a lot of fluidity in the home, making it easier to live an almost communal lifestyle with friends and family easily popping in and out as they please.

2) Industrial – unique designs based on commonly used materials that are recycled and reused. Pre-existing elements of a room can be used to create a new dynamic look for a space. This is about stripping back elements of a room to make way for new ones.

3) Green roofs – people living in cities want to be surrounded by nature, so green roofing will become a popular trend for homes and office buildings. Going green is a great way to look after the planet while also creating an attractive, unique looking building.

4) Steel exteriors – based on the popularity of glass panels, builders have started using steel as a complementary or even alternative material. Steel has a unique texture and appearance that will lend an industrial or steam punk look to a building. Mixed with glass, steel panelling can create a unique look for buildings.

5) Wood interiorswood is now being used as part of interior design, which can create a more natural atmosphere inside unique designs. Because wood is a natural material, it can be treated and shaped to make one-of-a-kind designs like furniture and decorative items. Wooden walls are also being used to create a warmer, cosier feel inside homes.

6) “Trapped” gardens – these allow home-owners to grow plants inside their homes or offices without having to worry about rising energy costs. Even though they’re not visible from the outside, they can be enjoyed from the inside, which is a great way to bring more nature into homes and buildings without compromising on aesthetics.

7) Unique lighting effects – uniqueness will become the main focus for most property owners who want to stand out from the crowd. Unique lighting effects will allow them to do just that as they can incorporate a touch of uniqueness into any space, whether private or common.

8) Upside-down homes – these are homes with living spaces on top and garages at the bottom or vice versa, giving home-owners different options for storage space. This is already popular in Japan, where they have limited land to build upon. Exterior elevators for moving between floors of a building are even installed at the exterior of the structure rather than inside. This is obviously more expensive and harder to make it look good, but it will give home-owners something unique and attractive to boast about.

9) Daylight basements – basements traditionally usually make use of artificial light, but these days people are looking to incorporate natural light as much as possible, making it perfect for multi-purpose rooms like an office, gym or home cinema. Daylight is best for these types of rooms which is why more homes are being built with basements that make use of natural light.

10) Alternative energy sources – solar panels are becoming popular in residential properties because they significantly reduce or even eliminate electricity bills depending on the size and power output. This comes in addition to promoting green practices, which will become more popular in the coming years. Combined with other green features such as air and ground source heat pumps, solar panels are perfect for making homes both attractive and practical.

Automated home

Fully automated homes

The rise of smart technology is making it possible for homes to be fully automated and controlled remotely through an app on your phone. This type of home is perfect for people who lead busy lives or work from home who need their homes to be as efficient and effective as possible. To close the loop on the new trend emerging where all you really need is a laptop and wi-fi, the need to be online kind of fast-tracked the development and roll-out of various smart devices and 24-hour connectivity.

It also impacted the way we live our daily lives, and this has influenced our sense of style. People are looking at efficiency combined with cosmetics and adaptability. Designers and architects are entering uncharted territory and they need to evolve or they’ll be left behind.

'Stay safe' stenciled on to a road surface

The new normal is here to stay

There are many property design trends emerging which will change the way homes, office buildings, coffee shops and restaurants look in 2022. The common theme among these trends is to make it unique, attractive and functional for everyday life. Who knows, perhaps the ‘new normal’ is going to be more enjoyable than we thought!

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The hidden costs of renting out your second property

The hidden costs of renting out your second property | H is for Home

When you have the funds to invest in a second property, it can be incredibly exciting. You now have a second home to decorate and keep in line with the latest trends. However, many people invest in a second property not to live in but to rent out in order to make an additional income. This can be very profitable but there are some hidden costs that you need to be aware of before splashing out. This is why a lot of people consider hiring Southsea Letting Agents to manage everything.

To prove this to you, we thought we’d look at some of the hidden costs involved in renting out your second property. Read on to hear more about this.

Property management

Managing the property

Some landlords are active and will manage the property by themselves. Of course, if you’re hoping to make this into a side hustle with very little input from yourself, you might want to find a letting agent to manage the property. While this can be useful, it can also be very expensive as they’ll deal with finding tenants, organising repairs and more. Make sure to think carefully about the cost of having your property professionally managed. You can also have a look at things such as inventory checks as a cheaper alternative. 

Rent spelt out on a calculator LED

Keeping it furnished

If you have already been living in your second property, you might have already furnished it. But, is this furniture suitable for tenants or would you rather include some other furniture? Furnishing a property is never going to be cheap and so you need to account for this cost before you rent it out to a new tenant. On top of that, you’ll need to replace any broken furniture, and this is going to increase the cost.

House safety

Safety first

Many landlords get into the property market because they think that it will be an easy way to make an additional income. However, the government has put many rules and regulations in place to make renting safer for tenants. For this reason, you’ll need to make sure that the property is safe to live in and that you have the documentation to back it up.

For example, you’ll need to get an electrical certificate which you can book at electricalsafetycertificate.co.uk which is a government endorsed website. Their reports will showcase that your property is safe to live in and that you’re following government guidance. While companies like this one offer a cost-effective service, you’ll still need to account for this cost.

Legal fees

Legal fees

Finally, you should know that there are more legal fees involved in renting out your second property than you might realise. You’ll need to pay for the creation of a tenancy agreement, and you’ll need to enter a safe deposit scheme which is required by law. Other legal fees involve obtaining an energy certificate and potentially setting up a limited company. Make sure that you can cover all these costs.

Miniature house with key

Get started

While there are many hidden costs involved with renting out your second property, you can make a lot of money if you do it right. Make sure that you’re adhering to any laws set out for landlords if you want to make this a sustainable project. Hopefully, you’ll be able to cover the costs and get that money back over time.

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Why you should invest in a studio apartment in the UK

Why you should invest in a studio apartment in the UK

Studio apartments are becoming a big part of the UK property market, appealing to a growing number of investors. With a bedroom, dining area, living room and kitchen all contained within the one room, studio apartments represent a more functional way of living. Here are some of the reasons why you should consider a studio apartment for your next investment.

The aim of any property investment is to make as much money as possible, which is made possible through high rental yields. Studio apartments have some of the highest rental yields of any property investment due to their low costs. Prices for studio apartments are often low due to their size, but with a high demand from growing populations in several UK cities, people are willing to pay similar amounts for a studio as they would for a one-bedroom apartment. If the studio apartment is a new-build with a more luxury, modern design, rental costs can go even higher.

View into flats in an apartment block

Part of this growing demand for high-quality studio apartments lies in the population of young professionals and students in the UK. Major property investment hotspots like Manchester and Liverpool have some of the highest student populations in the UK, with Manchester being home to the largest single-site university in the country. There are on average 3.5 students per room throughout the UK, leaving large numbers of student tenants in need of quality accommodation.

Student accommodation is not what it used to be in the UK. In the past, students were happy to settle for shared housing in a run-down period property, whilst today, apartments with a more luxury and modern edge are preferred. Students are keen to rent accommodation that’s stylish, convenient and has everything they need for a comfortable university experience. Studio apartments can be the ideal living situation for a student who prefers their own privacy but doesn’t want to rent a larger property all to themselves.

Studio apartment with house plants

Young professionals are another type of tenant who could benefit from studio apartment living. Many young people prefer their own space, for which a studio is a great option as it gives the tenant their own privacy but is still relatively affordable. Studio apartments from property investment companies like RW Invest are based in popular city centre locations which are convenient for professionals working in the city.

The target market for studio apartments doesn’t end there, however, as these types of properties may also appeal to an older clientèle. Numbers of middle-aged people living alone in the UK have soared in recent years, meaning studio apartments could be a perfect alternative to living in a large residential property.

White-painted studio apartment

With a large and varied target market, increasing demand and high rental yields, investing in a studio property might just be the best option for your next UK property investment.

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A guide to improving your home’s kerb appeal

A guide to improving your home’s kerb appeal

Home improvements are a great idea if you are a home-owner as they can make living in the property much more enjoyable, plus they can also add a great deal of value to your home which is ideal if you are considering a sale down the line. Additionally, it can be exciting and rewarding to see the project coming together although there may be a few disruptions while work is carried out. There are also endless possibilities when it comes to home improvements and what will be right for you will depend on the type of home you have, your circumstances and the amount of money that you have to spend.

Equity release

Financing the work

First, you need to decide how much money you want to spend and how you will fund the work. If you do not have savings to dip into, many home-owners over the age of 55 are finding that an equity release is a good option. If you’re unfamiliar with what is involved, you can easily learn more about equity release with Sunlife. If you’re wondering where can money released from your home take you, you could improve anything from new carpets and flooring to building a conservatory or redecorating your whole house.

Architect drawing house plans

Improvements to consider

Now that you know how much you have to work with you can decide on a project. Here are a few good options to consider:

Extension: An extension will give you a lot more room to work within your house and is a good idea for growing families or those that feel constricted by the amount of space that they currently have.

Conservatory: Conservatories are a great way to add a bright and airy space which are perfect for warm summer days. They can be used in many different ways too whether you want a lounge-type area of somewhere filled with plants.

Kitchen remodelling: The kitchen is the heart of the home and somewhere that you should be able to comfortably cook in. Remodelling the kitchen can transform the home, particularly if you have added space where people can socialise. It is also a superb way to increase the value of your home and attract buyers.

Rendering the external façade: First impressions count and opinions about a house are made before someone even steps inside. Adding a fresh stucco to the front elevation can transform the look of a building stuccorepairtucson.com is a specialist in this area.

Garden: There is nothing better than spending time in the backyard during the warmer months of the year. Making improvements like decking, water features, and a shed can be affordable and add value to the property.

Builder with a spirit level

Hiring the right people

Now you will want to find the right people for the job, and this is an area that many people worry about as you hear many horror stories. Going on word of mouth is a good idea but always research companies and look for good reviews and previous projects that you like the look of.

Home improvements can transform the property and make it somewhere that is much more practical and enjoyable to live, as well as add-on value to the home. It can also be daunting, but the above information should help any home-owner to get the project completed with relative ease.

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