Hong Kong investors: Why consider a London furnishing company over a high street retailer?

For Hong Kong investors, the London property market can be a challenging place to navigate, especially when considering the additional work of furnishing a property. After putting your money into the property, the next crucial phase involves getting the home ready for tenants, and the furniture you choose will be key in attracting potential renters.

Based on a recent study by property portal OnTheMarket, landlords in the UK can earn up to 21% more by furnishing their rental properties in comparison to those who have unfurnished ones. However, a lot of buyers still struggle with deciding whether to choose furniture from popular retailers or go for a complete furniture package with a professional London furnishing company?

So, let’s break it down for overseas landlords, who are looking for the best and most effective options for managing their rental properties:

High-street retailer vs. A professional Furniture Package provider: An extensive cost comparison

When it comes to furnishing a property, the initial costs can often give a false impression. Even though furniture bought separately from stores may appear to be cost-effective, the overall cost can increase significantly once delivery and assembly charges are taken into account. The thorough cost comparisons below clearly demonstrate this.

The cost comparison

Note This cost comparison was conducted in August 2024.

Why is choosing a local retailer a challenge for landlords and investors?

Time-constraint

Buying furniture from different stores can be time-consuming, as it often involves extensive research and coordinating multiple delivery dates. Any delays in delivery can significantly disrupt the entire furnishing process, especially for overseas investors who are managing their properties from afar.

Challenges of cohesive design

Retailers provide a wide variety of styles, but if not carefully coordinated, this flexibility can result in mismatched designs.

Quality and durability

Lower-cost products tend to have reduced durability, which can lead to more frequent replacements and ultimately higher expenses over time.

Longer lead times

Retailers often have longer lead times for delivery, and most do not cover the cost of assembly in their pricing.

How does a furnishing company add value to your property?

Cost-effective

Furniture packages include a single, all-encompassing price that includes delivery and installation.

Focus on design

Furniture packages are carefully put together to improve the overall appearance of your home. Opting for a furniture package guarantees a unified and visually appealing space.

Turnkey solutions to make setup easy

Furniture packages are delivered and installed together for a hassle-free experience. This minimises the inconvenience of having to assemble and coordinate personally.

Quality and long-lasting furniture

Companies go through a rigorous sourcing process to acquire durable, high-quality materials that are built to last, guaranteeing that your investment will endure for years to come.

Responsible disposal

Most companies take care of the waste produced during assembly to provide a clean and professional service, eliminating the need for customers to worry about disposal.

Why are we the top choice for landlords when furnishing rental properties?

Selecting the right furnishings is essential for London landlords in order to maximise rental potential. We are experts in assisting landlords and developers in effectively leasing or selling properties. Due to our extensive knowledge of the London property market, we are able to customise our furnishing packages to fulfil the unique requirements of buyers and tenants. Thus, a large majority of the properties we furnish are rented out in just a week.

One standout success was furnishing 450 build-to-rent units for Vastint at Sugar House Island, resulting in a 100% occupancy rate upon completion and a 20% rise in rental fees for several units.

Opting for a complete furniture package instead of buying separate items from stores provides numerous benefits for buyers, landlords, and investors abroad. Choosing turnkey solutions can enhance the marketability and rental potential of your property by offering cost savings, design consistency, easy setups, and quality assurance. Plus, with stock availability, we can fully furnish your home in 24-48 hours, ensuring a quick and seamless process. Get in touch to learn more!