Landlords need to be aware of what prospective renters are looking for in a property. Whether buying a new property or updating current accommodation, it’s vital to make it appealing to new tenants. People thinking about renting a home often have different needs. Students for instance may prefer a property in the city centre while families might want something more rural. The following tips can help make it easier to rent out a property.
- Keep your property in good condition, both inside and out. A tenant doesn’t want to move into a home that is dirty or cluttered. Why not think about installing modern fixtures and fittings? If it’s an older property, then future renters will probably prefer fixtures that are in keeping with the style and age of the house. If you’re having a problem renting out your property, maybe you need to reassess the décor. It only takes a lick of paint to spruce the rooms up. Neutral colours always work well. They are like a blank canvas to new tenants who can then add their own stamp to their prospective home.
- Close to transport links. Would-be renters who maybe don’t drive or have a car will prefer transport links that are only a short walk away from their new home. Buses, trams or tubes in close proximity to where tenants live are a plus. If your tenant or tenants do drive, easy access to main roads is also an attractive option.
- A bright and light home with lots of natural light is attractive to new renters. Having plenty of light in all of the rooms gives off a warm and welcoming atmosphere. It also enhances the chances that your property won’t be on the market for long. Make sure each room has good sized windows with an airy feel.
- Space outside is definitely a bonus. Whether it’s a garden, balcony or patio, it means renters have the opportunity to sit outside during those long, hot summer months. Children will also enjoy playing outside in a garden, whether it’s jumping on a trampoline or playing hide and seek. Always make sure the garden is kept tidy and lawns are cut before showing people around.
- Being close to a supermarket or a shopping centre will attract rental clients. If you want students to rent your property and it’s near the local university or college, you won’t have any problems. For families, maybe a park, a short walk to the shops or local amenities will attract the kind of renter you would like.
Tenants also prefer lots of storage space especially if they are renting long-term. Try to maximise the storage facilities. For instance, are there any spaces which could be turned into cupboards. Will tenants have access to the attic or basement?
Good parking is also a selling point when letting out property. High speed internet is usually a must for students and families, so make sure you install the best WiFi.