Stop the small issues escalating into major problems. Protect your property investment by hiring a professional property management company.
Buying a freehold investment property is a significant financial venture and prioritising proactive maintenance and upkeep will protect its value over the long term.
Equally importantly, it will also help you avoid costly repairs during your period of ownership, as ignoring maintenance needs can lead to small issues escalating into major problems.
At Pure Block Management we have occasionally taken on the management of properties where the freeholder has not been proactive with maintenance since the initial purchase, leading to major work being required urgently.
For example, a leaking roof left unattended can result in water damage, leading to structural issues and mould growth, while not attending to small jobs like painting wooden window frames can eventually lead to the windows themselves needing replacement.
Investing in proactive maintenance means issues like this can be caught and dealt with early, preventing them from becoming costly nightmares.
Having professional, experienced property managers in place will ensure this situation doesn’t occur. A good block management firm will have put a maintenance programme in place with our trusted contractors for your freehold property that includes:
- Regular inspections and surveys to identify any issues. Checking for and dealing with repairs associated with plumbing leaks, electrical problems, structural issues and signs of wear and tear when they first occur will save money down the line.
- Checks of heating, ventilation and air conditioning systems. These should be serviced regularly to ensure they function efficiently and to prevent breakdowns.
- Exterior maintenance. This includes landscaping, gutter cleaning, roof inspections and exterior painting, which enhance the kerb appeal of your property and/or protect against weather-related damage.
- Interior upkeep. Your block management company will attend to interior paintwork, flooring and fixtures in communal areas, replacing or repairing damaged items promptly to maintain a pleasant environment for tenants.
- Safety measures. Safety is paramount for both legal compliance and tenant wellbeing, so checks and maintenance of smoke detectors, fire extinguishers and other fire safety equipment and systems will form a vital part of your block management company’s maintenance programme.
Investing in property maintenance isn’t just a cost; it’s an investment in the longevity and profitability of your valuable asset.
Choosing a reliable, experienced property management service will streamline the maintenance process and ensure any issues are dealt with promptly.
