ARTICLE
11 October 2024

The Revival Of Renovation: How The Next Generation Is Redefining Property Development

S
Stronachs

Contributor

Stronachs LLP is a leading independent law firm with a strong commercial focus and offices in Aberdeen and Inverness. We offer a powerful combination of in-depth sector knowledge and legal expertise rivalling any of the larger, national and international firms. Our clients receive a dedicated, expert and personal service. You are never more than a call away from the person you need to speak to – we are a part of your team and working for you means working with you.

We deliver precisely the service you need, when you need it. The firm is listed in the current UK Legal 500 directory as a 2024 Leading Firm. Many of our lawyers and departments are also individually recognised and ranked and have been for a number of years.

The rise in renovation costs post-pandemic has cooled the trend of purchasing "doer-upper" properties, but innovative developers are emerging, successfully transforming neglected homes into valuable, modern spaces.
United Kingdom Real Estate and Construction

The property market has undergone significant changes since the pandemic, with the rise of material costs among other factors. This surge has cast a shadow on the once-popular trend of purchasing 'doer uppers'—properties that could be bought at a bargain, renovated inexpensively, and sold for a considerable profit. Many seasoned developers have retreated from the scene, trading their hard hats for a more relaxed lifestyle.

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However, a new wave of passionate and innovative developers is emerging, determined to bring fresh ideas and energy to the table. This revitalisation is nowhere more evident than in the story of a recent project we had the pleasure of being involved with. The property, marked by nicotine-stained walls and an overall dated interior, required a significant amount of love and inspiration. While many potential buyers were daunted by the extensive work needed, this is an example of a client who saw the hidden potential and took on the challenge.

Our client's vision and dedication transformed the property completely. She graciously allowed us to share the 'after' photographs, showcasing the remarkable changes. The original lounge and dining room, once dark and dingy, have been opened up by removing dividing walls, creating a vast, light-filled open-plan space. This area seamlessly flows into the refurbished sunroom, now bathed in natural light.

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Before – living room

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After – living room

Upstairs, the bedrooms have been rejuvenated with simple yet effective updates: fresh white paint and new carpeting. These changes have made the rooms appear much larger and brighter. The cloakroom and bathroom have also been modernized with contemporary sanitary ware, and the entire property now boasts a neutral theme, ready for new owners to infuse their personal style.

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Before – bathroom

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After – bathroom

While it's clear that a considerable amount of effort went into this transformation, the results speak for themselves. This project is testament to the power of thoughtful and careful renovation. What initially appears overwhelming can turn into a rewarding journey, culminating in a beautiful, rejuvenated home.

At Stronachs, we have several properties currently on the market that are ripe for similar transformations. These homes hold incredible potential for anyone ready to embark on a renovation adventure. Keep an eye on our property page and ASPC for your next project opportunity.

For now, let this success story inspire you. View all properties currently on the market here. To view the property featured, click here.

Originally published June 13, 2024

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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