Pass the Keys Blog

Top Renovations to Boost Your Swansea Rental Income

Written by Pass the Keys Swansea | May 12, 2025 10:31:29 AM

 

Why Renovate Your Swansea Rental?

Swansea’s rental market has grown steadily in recent years, driven by strong demand from students, professionals, and retirees alike. With its coastal charm, city amenities, and proximity to the Gower Peninsula, Swansea offers solid returns for landlords. But in a competitive market, standing out isn’t just about location – it’s about property quality.

The good news? You don’t need to invest in a full-scale refurbishment to increase your rental income. Strategic, cost-effective renovations can significantly boost tenant interest, reduce void periods, and even allow for above-average rental rates.

In this post, we explore practical upgrades that deliver high return on investment (ROI) for Swansea landlords – from cosmetic fixes to energy-efficient improvements.

1. Kitchen Refresh (Not Remodel)

Estimated cost: £1,500–£3,000
Potential ROI: 8–10% rental uplift

You don’t need a brand-new kitchen to impress tenants. A modern-looking kitchen that’s clean, functional, and neutral will go a long way. In many Swansea rentals – especially older terraces in areas like Brynmill or Uplands – the kitchen can feel tired but fixable.

Quick wins:

  • Replace cupboard doors or repaint them with modern colours (e.g. matte grey or white).

  • Upgrade handles and fixtures.

  • Install new splashbacks or vinyl flooring.

  • Replace old worktops with budget-friendly laminate or wooden finishes.

Why it works: Kitchens are a focal point for tenants. A tidy, modern space adds perceived value and justifies higher rent – particularly with young professionals.

2. Add a Second Bathroom or En-Suite

Estimated cost: £3,000–£6,000
Potential ROI: 10–12% rental uplift (especially for HMOs or student lets)

In shared housing or HMOs, bathrooms are high-traffic areas that can create tension among tenants. Adding an en-suite to a master bedroom or converting under-stairs space into a WC can drastically improve appeal.

Best suited for:

  • Student lets in areas like Mount Pleasant or Sandfields.

  • HMOs in central Swansea.

  • Family homes that lack a second WC.

Why it works: More bathrooms mean more privacy and convenience, allowing you to charge premium rents – especially per-room.

 

3. Energy Efficiency Upgrades

Estimated cost: £1,000–£5,000 (depending on work)
Potential ROI: Long-term savings + future-proof compliance

As EPC regulations tighten, energy efficiency is becoming a must. Improving your EPC rating can:

  • Lower tenant energy bills (a major draw).

  • Prevent costly compliance issues as the minimum EPC rating requirement may soon rise from E to C.

Upgrades to consider:

  • Loft insulation

  • Double glazing

  • Replacing old boilers with energy-efficient models

  • Installing smart thermostats (e.g. Hive, Nest)

Why it works: Tenants are increasingly conscious of energy bills. A well-rated property can also be marketed as eco-friendly or “low-bill living.”

 

4. Low-Maintenance Gardens or Outdoor Spaces

Estimated cost: £500–£2,000
Potential ROI: 5–8% rental uplift, better tenant retention

In a coastal city like Swansea, outdoor space is a major selling point – especially post-pandemic. However, many landlords overlook garden appeal.

Simple upgrades:

  • Replace lawn with gravel or decking to reduce upkeep.

  • Add seating areas or shed storage.

  • Install fencing for privacy.

Why it works: Outdoor spaces increase tenant enjoyment and property value. Low-maintenance design also reduces long-term costs and hassle.

5. Modern Flooring

Estimated cost: £1,200–£2,500 for a typical 2-bed
Potential ROI: 6–9% rental uplift

Carpets can feel dated and hold odours – especially in student or pet-friendly rentals. Modern vinyl, laminate, or engineered wood flooring is durable, stylish, and easy to clean.

Best places to upgrade:

  • Hallways and living rooms

  • Kitchens and bathrooms with waterproof options

Why it works: Sleek flooring can transform the feel of a property and justify a higher rent, especially in mid-range and professional lets.

6. Redecorate with a Neutral, Modern Palette

Estimated cost: £500–£1,500
Potential ROI: 4–6% rental uplift

This is one of the most cost-effective ways to boost appeal. Neutral colours like off-white, light grey, or soft beige help tenants imagine the space as their own and make rooms feel larger and brighter.

Pro tip:
Use durable, wipe-clean paint (e.g., Dulux Easycare) to keep walls looking fresh between tenancies.

Why it works: First impressions matter. A clean, well-painted property photographs better and shows well during viewings.

Conclusion: Strategic Renovation Pays Off in Swansea

In Swansea’s evolving rental landscape, cosmetic upgrades and practical renovations can make a measurable difference in your returns. Whether you manage student housing near Swansea University, family homes in Sketty, or coastal flats in Mumbles, small investments can translate into higher rental yields, lower void periods, and better tenant quality.

Rather than overhauling a property from top to bottom, focus on key high-traffic areas and efficiency gains. Regularly updating your rental also helps you stay competitive with new builds and other landlords investing in their portfolios.

Need help deciding which renovations make sense for your property? Consider working with a local letting expert or property manager to assess ROI based on your target tenant type and area.