Decorum - Furnishing for High Rents
| Decorum | Cheapest | |
|---|---|---|
| Furnishing Spend | £10k | £5k |
| Rental Income | £12k | £9.5k |
| 1 Year Profit | £2k | £4.5k |
| 3 Year Profit | £26k | £24.5k |
| 3 Year Furniture Replacement | £1k | £4k |
| Final 3 Year Profit | £25k | £20.5k |
More landlords now realise that achieving a good rental income requires an investment in furnishing and presentation.
Post buy-to-let, tenants have so much choice that tired interiors simply do not let for high amounts.
Cheap furnishings flatter to deceive: rents are lower and flatpack furniture (Ikea, Argos, etc) breaks easily.
The table shows that cheap furnishings do not pay off in the long run. Decorum uses hotel standard furniture that is built to last 5-10 years and can withstand the rental wear and tear.