How To Prepare A Rental Property And Attract The Best Tenants
Winlaton and Blaydon are in high demand from tenants due to the decent rental costs, transport links to the city centre and A1 and the appeal of being on the doorstep of some beautiful country side.
Properties are coming onto the market and are being snapped up in a matter of hours, but how can you make sure that your property is the centre of attention? We have experience in what works and what doesn’t and what tenants are looking for. See our top tips below on how you can get the best price and the best tenant.
Before you get the paintbrushes out, ensure you are meeting the legal obligations that come with being a landlord. You must have checks done on the gas, electricity and a valid EPC that is a rating of E or above and that’s just the tip of the iceberg.
Did you know there are almost 200 lettings legislations you must comply with when renting out your property? That’s why we are here, to help you keep them covered and to ensure your tenants are safe and that you don’t get a hefty fine!
Once you have that all covered, you can start the fun in getting the property ready and making your property stand out from the crowd.
- Keep it neutral – greys, whites and creams create a fresh and clean space where the tenant can feel they can make it their home
- Declutter – Get rid of any junk. Don’t use it as a storage shed, tenants want to see how their home is going to look and they can’t do that with boxes piled in every corner
- Consider furniture carefully – If you are furnishing the property, don’t just throw in any old thing, make sure they match the property and are clean, functional and above all SAFE!
- White goods – Consider your white goods carefully, there should at least be an oven and hob. You will be responsible for any repairs they need if they break down so make sure you can cover the cost
Snagging – The last thing you want when showing a property is a tenant to see that it is in disrepair with broken door handles, flickering lights or peeling paint. Show you are a responsible landlord and fix any small issues.
- Gardens – A garden is always a bonus in rental properties but don’t neglect it, make it an inviting place for relaxing. Tidy up rubbish and leaves and remove any broken pots. Fix any loose fence panels and if needed, a lick of paint and a trim of the grass.
- Make it feel homely – Small things like curtains and lampshades can make a property feel more like a home. Ensure there is heating on in cold months and air fresheners around, no one likes a cold, damp home!
If you do it all right from the start, you are bound to have tenants fighting over it and you can have the pick of the bunch. Attracting and choosing the right tenant makes it more likely that you will be paid your rent on time and the property will be looked after.
Being a landlord is a tricky business so ensure you choose a local agent you trust and they should market your property successfully and help you along your journey.