Editor's note: This brief was summarised by The Property AI Newsroom from a report by The Negotiator. Read the original article for full details.

Research Warns Landlords of Major Property Value Losses from Poor Maintenance

Landlords could see up to £59,000 wiped off the value of their properties if they fail to maintain them, according to new research by property management specialist Rushbrook. The findings, reported by The Negotiator, highlight the financial risks of neglecting property upkeep in the UK rental market.

Rushbrook's research calculated that poorly maintained properties could suffer a capital value impact of between 10% and 15%. For the average buy-to-let property in England, estimated at £201,145, this equates to a potential loss of between £20,115 and £30,172. The impact is even greater in London, where the average landlord property is valued at £390,625. In the capital, failing to maintain a rental property could reduce its value by between £39,063 and £58,594, according to the research.

The report emphasises that delaying maintenance can lead to higher costs over time, as minor issues left unresolved may escalate into more significant problems. This can result in larger repair bills, tenant disruption, and a decline in the overall condition and value of the property.

Rushbrook's findings underline the importance for landlords, letting agents, and inventory clerks to prioritise regular property maintenance. Maintaining rental properties to a professional standard is presented as fundamental to protecting both current rental income and long-term capital value.