How to increase the value of your rental property in 2021

Posted on: 4 August 2026

How to increase the value of your rental property in 2021

By Nick Devonport – Managing Director, CGT Lettings

As we move through the latter half of 2025, it’s clear that the rental market has stabilised following several years of economic shifts, legislative change, and post-pandemic adjustments. Demand across Gloucestershire remains strong—but tenants are more discerning, and the standard expected from rental homes has never been higher.

For landlords, the message is clear: it’s no longer just about owning the asset—it’s about managing it strategically. Modest, well-planned improvements can significantly increase monthly income, attract better tenants, and protect long-term capital value.

A Real-World Example from Cheltenham

One landlord recently approached us with a dated two-bedroom apartment in Cheltenham. Previously renting at £795 pcm, we helped them invest in new carpets, a refreshed bathroom and kitchen, and neutral redecoration. The result? The property now achieves £1,050 pcm—a £3,000+ annual uplift, with a likely ROI in under 24 months.

Here Are My Top 5 Tips for Increasing Rental Value in 2025:

1. Kitchens and Bathrooms Sell Tenancies

Tenants want clean, modern, low-maintenance spaces. A new kitchen and bathroom can often justify £100–£150 more in rent per month, depending on spec and location. If you’re upgrading just one area—start here.

2. Flooring & Decor Still Matter

Replacing tired carpets and repainting in neutral tones is a cost-effective way to instantly increase appeal. Opt for hardwearing LVT or laminate flooring, which offers better longevity and is tenant-friendly.

3. Get Creative with Layouts

Where space allows, reconfiguring your property could pay dividends. One landlord we advised turned a large one-bed flat into a two-bed simply by relocating the kitchen into the living area—increasing rent by £150 per month, without the need for building work or planning permission.

4. Add Space for Work or Wellness

Remote and hybrid working are here to stay. Adding a garden office, studio, or home gym—even via a pre-fab unit—can transform your property’s value. Tenants increasingly prioritise lifestyle space, and this kind of addition can command an extra £100–£200 pcm in many areas.

Just ensure you check planning rules with your local authority before building.

5. Guarantee Your Rent

With increased living costs, even the best tenants can run into financial difficulty. At CGT Lettings, we offer 12-month Rent & Legal Protection for just £20 per month—ensuring:

  • Your rent is paid (even if the tenant doesn’t)

  • No excess

  • Legal fees for eviction fully covered

  • In-house management for peace of mind

2025: The Year of Smarter Landlords

As the market levels out, it's no longer enough to rely on demand alone. Landlords who think strategically—investing in presentation, layout, and protection—will reap the benefits.

At CGT Lettings, we manage over 1,600 properties across Gloucestershire. We understand what tenants are looking for, what improvements deliver results, and how to protect your income in a complex legal environment.

Free Rental Appraisal Available

Want to know what your property could achieve in today’s market?

Book a free, no-obligation appraisal with our team, and we’ll show you how small changes could result in big returns.

Let 2025 be the year you make your property work harder for you—while still giving your tenants a better place to call home.

Nick Devonport
Managing Director, CGT Lettings

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