Step-by-Step Tutorial on How to Sell Property in Canterbury

July 29, 2024

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It might seem daunting when you’re trying to sell property in Canterbury. With the right guidance, the process can become smooth and ultimately successful. Let this guide walk you through the essential steps in properly selling your property through self-storage.

Let’s first understand why you should sell property in Canterbury.

Why Sell Property in Canterbury?

Selling property in Canterbury offers a range of benefits. Whether a homeowner or an investor, here are some reasons to consider selling your property in this historic city.

Strong Market Demand

Canterbury is a desirable location. It showcases a strong property market thanks to its rich history, vibrant cultural scene, and excellent transport links. This demand can work in your favour.

Educational Hub

Home to several top-rated educational institutions, Canterbury attracts students, faculty, and staff from all over the world. If you own a property near these universities, you have a prime asset.

Thriving Rental Market

The rental market in Canterbury is thriving. The city’s large student population and the influx of professionals are one of the main highlights. If your property is well-maintained and located in a popular area, it can be highly appealing to investors.

Historical and Cultural Appeal

Canterbury’s mix of history and cultural appeal is a major draw for buyers. Selling your property in areas near the iconic Canterbury Cathedral to the charming streets lined with independent shops and eateries.

Transport Links

Excellent transport links make Canterbury a convenient place to live. The city is well-connected by road and rail. Easy access to major motorways and public transport options make your property an attractive option to a wide range of buyers.

Growing Economy

Canterbury boasts a growing economy. Many industries, including education, tourism, retail, and healthcare make it an attractive place for professionals and families alike. 

One innovative way to increase your property’s value is by converting it into self-storage.

Converting Your Property into Self Storage to Boost Its Value

An appealing option for investors and property owners looking to make the most out of their assets is self-storage. Here’s a step-by-step guide on how to do it and why it could be a smart move.

Benefits of Self-Storage for Your Property

Firstly, let’s discuss why converting your property into self-storage can boost its value. Self-storage units are in high demand, mainly in areas such as Canterbury. With people constantly moving in and out, there’s always a need for extra storage space. This steady demand makes self-storage a profitable venture.

Assessing Your Property

Not all properties are suitable for self-storage. You need to check whether your property has the potential. Consider factors such as location, size, and accessibility. 

Planning and Design

Once you’ve determined that your property is suitable for conversion, the next step is planning and design. You need to think about how many units you can fit into the space. It’s important to create a layout that allows easy access and efficient use of space. 

You might want to consult with a professional like Wigwam Storage Management who has experience in designing self-storage units to ensure your project is successful.

Getting the Necessary Permissions

Before you start any conversion work, you need to obtain the necessary permissions from local authorities. This includes planning permission and building regulations approval.

Conversion Process

With your plans and permissions in place, you can begin the conversion process. This involves constructing the storage units, installing security systems, and setting up any necessary facilities such as lighting and ventilation.

This Detailed Guide to Opening Your Own Storage Facility can help you.

Make sure to use high-quality materials and reliable contractors to ensure the durability and safety of your storage units before you decide to sell property in Canterbury. Wigwam helps you develop, maintain, and manage your property for self-storage.

Marketing Your Self-Storage Property

Once the conversion is complete, it’s time to market your property. Highlight the benefits of the location, the security features, and the convenience of the storage units. 

Selling the Property

When it comes to selling your property, present it as a ready-made investment opportunity. Provide potential buyers with data on rental income, occupancy rates, and the overall demand for self-storage in Canterbury. 

You first need to understand what is self-storage before you decide to sell property in Canterbury.

What is Self Storage?

If you're looking to sell property in Canterbury, you need to understand how it can be a beneficial aspect of your property sale. Self-storage refers to renting out secure units to individuals or businesses who need extra space to store their belongings. 

These units can vary in size and are typically rented on a month-to-month basis. The concept is simple: provide a safe, accessible place for people to store items they don't have room for at home or in the office.

Do you have a building or land to spare? Wigwam Storage is expanding! We're looking for prime locations to build new self-storage facilities. Earn extra income while helping your community. Contact us today!

How Does Self-Storage Work?

When you convert part of your property into self-storage, you create individual units that tenants can rent. These units are usually located in a secure building, often equipped with features like climate control, surveillance cameras, and controlled access to ensure the safety of the stored items.

  1. Moving House: During a move, people often need a temporary place to keep their belongings.
  2. Decluttering: Homeowners looking to create more space might store seldom-used items.
  3. Business Needs: Companies might store inventory, documents, or equipment that they don’t use regularly.
  4. Seasonal Storage: Items like holiday decorations or sports equipment that are only used seasonally can be stored away safely.

Take a look at these Essential Tips and Tricks for Packing Your Self-Storage Unit.

Benefits of Self Storage

  1. Steady Income: Self-storage units can generate a regular income stream, making your property more attractive to investors.
  2. High Demand: With the rise of consumerism and the need for more space, self-storage is in high demand. This trend is especially strong in urban areas like Canterbury.
  3. Flexibility: Tenants typically rent self-storage units on a short-term basis, giving you flexibility in managing the property.

Adding Value to Your Property

  1. Appeal to Investors: A property with existing self-storage units presents a ready-made business opportunity for investors.
  2. Increased Property Value: The potential for generating additional income through self-storage can increase the overall value of your property.
  3. Diversification: Offering self-storage adds another layer to your property’s appeal, catering to both residential and business needs.

Conclusion

When you decide to sell property in Canterbury, understanding what self-storage is and how it works can be a game-changer. By providing a secure, convenient space for people to store their belongings, you can meet the growing demand for storage. 

For those interested in exploring the self-storage market further, Wigwam Storage Management is an expert in the field. Our smart, secure storage units with a focus on technology, make self-storage easier and more convenient. 

Want to know more? Check out Wigwam Storage Management!

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