Private rental prices in England increased by 2.9 per cent in the past 12 months up to June 2022. It was also higher by 2.8 per cent than rental prices in May 2022. Excluding London, rental prices in England increased by 3.6 per cent in the last 12 months.
But in today’s market, there is more competition than ever before, so it’s essential to ensure your property is in tip-top shape. With that in mind, here are some tips to help you make your rental property more appealing to tenants.
Keep It Clean and Well-Maintained
Keeping your rental property clean and well-maintained is important, making it more appealing to tenants. A clean and tidy property will give the impression that it has been well looked after, likely to put potential tenants at ease. In addition, a property in good condition will be less likely to suffer damage or require repairs, meaning you’ll save money in the long run.
So, how do you keep your rental property clean and well-maintained? First, it’s essential to carry out regular cleaning and maintenance tasks. This means dusting, vacuuming, mopping floors, and cleaning surfaces regularly. In addition, you should check for any signs of wear and tear and carry out repairs as soon as possible. Doing this can help prolong the life of your rental property and make it more appealing to tenants.
Investing in some quality furniture and fixtures for your rental property is also a good idea. This will make it look more stylish and inviting, and tenants will likely want to live there. Furthermore, you won’t have to replace them as often, saving you money in the long run if you choose furniture and fixtures that are durable and long-lasting.
Offer Amenities That Tenants Want
When looking for ways to make your rental property more appealing to tenants, it’s essential to consider what amenities they want. Many tenants are looking for a place with comfortable living spaces, a well-equipped kitchen, and plenty of storage. You may also consider offering extras like on-site laundry facilities, parking, or a pool. By providing these amenities, you can make your property more attractive to potential tenants and increase the chances that you’ll fill your vacancies quickly.
You should also get the property’s domestic EPC or Energy Performance Certificate. The certificate shows the energy efficiency of the property. The requirement became fully implemented in 2008 and had a validity of 10 years. Properties with good ratings appeal to tenants who want to save on energy costs.
Be Flexible with Lease Terms
Being flexible with lease terms is one of the most important things you can do when finding tenants for your rental property. Many prospective tenants will be looking for a lease that fits their specific needs, and if you can’t offer that, they may look elsewhere. By being flexible, you may be able to attract more tenants and get your property rented more quickly.
Many different things can be flexible about lease terms. For example, you may be willing to offer a shorter lease for someone only looking for a temporary solution. You should also be willing to waive the security deposit for someone willing to sign a longer lease. Being willing to negotiate on these and other points can make your property more appealing to potential tenants.
Use Professional Listing Photos
One of the most important things you can do to make your rental property appealing to tenants is to use professional listing photos. This will help create a good first impression and show potential tenants that you take your business seriously. Furthermore, professional photos can help you stand out from the competition and attract higher-quality tenants.
Some landlords try to save money by taking photos, but this is usually a mistake. Professional photographers have the equipment and experience necessary to take high-quality images to make your rental property look its best. They also know how to stage rooms and use lighting to create an inviting atmosphere.
If you want to use professional photos, hire a reputable photographer with experience photographing rental properties. You should also ask to see some examples of their work before making a decision.
Use Positive Reviews and Testimonials
Another way to make your rental property more appealing to potential tenants is by using positive reviews and testimonials. If you’ve had good experiences with previous tenants, be sure to ask them for a review or testimonial that you can put on your rental listing or website. This can help give peace of mind to potential tenants worried about committing to a new rental property.
You can also join online landlord forums and post about your rental property. This can help generate interest from potential tenants searching for a new place to live.
If you’re looking to increase the appeal of your rental property, there are several things you can do. Following these tips, you can attract quality tenants in no time!