Tips for Making Your Property More Attractive to Tenants

Tips for Making Your Property More Attractive to Tenants

Are you looking to ensure your rental property is attractive to potential tenants? Just because the rental market is booming, it doesn’t mean tenants will accept any old property!
If you want to guarantee a speedy let, you’re going to need to make sure your property is appealing. Below, you’ll discover some top tips for making your property more attractive to tenants to ensure it isn’t left vacant for months on end.

Keep it neutral
If you want your property to appeal to a wide range of tenants, it’s important to keep the décor neutral. They need to be able to envisage themselves living in the property. Therefore, you need to keep your own personality and preferences out of the interior design.
Most landlords assume they only need to make the walls a neutral colour. However, you should really be aiming to ensure the window dressings and flooring have a neutral design too. Not only does a neutral décor attract more tenants, but it also encourages longer tenancies. If you’ve recently redecorated the property, that’s also going to enhance its appeal to prospective tenants.

Maximise the property’s space
One thing which is particularly attractive to tenants these days is space. The more spacious the property appears, the more likely tenants will snap it up. They’ll even be willing to pay a little more if the property does have a spacious feel.
This doesn’t mean you need to make any drastic changes, such as knocking down walls to create an open plan environment (though if you do have the budget, open plan kitchens are very popular). However, it does mean you may want to get clever with space-saving options. Adding storage solutions, such as open shelving in a smaller kitchen to accommodate items that won’t fit into built-in cupboards, can prove beneficial.

Pay attention to the outside of the property
Enhancing the property’s curb appeal is also extremely important. Remember, the outside of the property is the first thing prospective tenants see. So, if they don’t like it, they’re unlikely to want to rent the property out.
Focus on de-cluttering front and rear gardens, mowing the lawn and adding attractive flowers and plants. Whatever you can do to make gardens look clean, tidy and attractive will help to generate more interest in the property.

Consider furnishing the property
Furnished properties typically generate a lot more interest from tenants than unfurnished properties. You’ll also be able to charge a slightly increased rental rate if you offer a furnished property. However, it’s important to keep in mind that any furniture and appliances you do provide will need to meet strict safety standards.
It’s also not a good idea to furnish the property with your own second-hand furniture. If you are going to offer a furnished tenancy, you’ll need to add new furniture to appeal to tenants.
As you can see, there are plenty of things you can do to make your property more attractive to tenants. You don’t need to spend a fortune, but the more money you do invest, the higher returns you’re likely to see.