Property restoration can be an exciting project and a profitable investment. With so many derelict or devalued properties throughout the UK, as well as the ever-improving property market, it’s never been a better time to seek out a restoration project. Whilst many people have gained experience and skills in renovating buildings, it’s essential to understand the unique features, qualities and problems that make period properties a slightly different ball game. So here are 5 top tips to ensure that you don’t take on more than you can handle, and that your project is a successful one.

1. Respect the Roots

When renovating an old property you must stay true to the period of the building and its individual characteristics. Try to do a little research on the background and dating of the property, so that you can strive to restore it to its former glory and make decisions that are in-keeping with the building.

2. Listed? Tread Carefully

If the property in question is a listed one, tread very carefully before committing to buy. Some buildings are sold with planning permission, but this isn’t a blanket approval for any construction or renovation works – often such consent is very specific to certain improvements and changes. It can be difficult to obtain planning permission for a listed building, making it a risky investment.

3. Seek Expert Advice

Services such as stone renovation, electrics and plumbing can often be far more complicated where period properties are concerned, because often the building structure is a law unto itself. Many of these jobs won’t be straightforward, so be prepared to ask for a professional quote before you commit to buy. This can in fact be much more useful than a survey for such unique properties.

4. Be Realistic With Your Budget

It’s essential to be aware that renovation projects on period properties can quickly spiral above the estimated budget. Whilst this isn’t always the case, beware of jumping in too deep if it looks like you’ll be on a tight budget to begin with. Try to choose a project where you will have room to manoeuvre if any obstacles do arise, rather than facing compromises or cuts later down the line.

5. Enlist Professionals

Getting the help of experts in the field is not only important for pricing things up. You might consider yourself a bit of a plumber or a competent mason, but the complex layout of period properties means that it is easy to make a mistake that can affect the stability and structure of the whole building. If in doubt, hire a specialist who can ensure the work is done safely and to a high standard, using materials that are in-keeping with the property.

Renovating a period building can be rewarding and highly profitable. But make sure that you make the commitment fully aware of the nature of the project, the cost, and any possible complications. By doing so, you can avoid any risks or nasty surprises, and ensure that your project is a resounding success.

Article written by Kelly Gilmour-Grassam who you can follow at @KellyGGrassam on Twitter. She wrote this article with information from Henley Stone and enjoying the culinary delights of gods own county.