24 Jun 2024

What do tenants look for when choosing a rental property?

What do tenants look for when choosing a rental property?

Finding the perfect tenant may feel impossible. You want someone who'll love your property, pay rent on time, and treat the place with respect. But what exactly are tenants looking for these days?

Whether you're a seasoned landlord or just dipping your toes into the buy-to-let market, understanding tenant priorities is key. It can help you entice the best tenants and keep your vacancy rates low.

So, let's dive into the top features that make a rental property stand out from the crowd:

Location

Proximity to shops, amenities, and good transport links is a major draw for most tenants. If you're considering a new investment property, consider areas with easy access to daily necessities. This will make your rental more attractive and easier to fill.

Keeping it fresh

First impressions matter, a bright and airy space with modern fixtures and fittings creates a clean and inviting atmosphere. Think light paint colours, updated kitchens and bathrooms, and reliable appliances.

Breathing room

A private outdoor space is a huge perk. A balcony, patio, or even a small garden can be a game-changer for tenants, providing a serene area to relax and unwind.

Beyond the basics

While the essentials are important, there are features that can take your rental property from good to great. Consider offering:

  • Storage solutions: Built-in cabinets or extra shelving can be a lifesaver for tenants with limited space.
  • Reliable internet: In today's digital world, a strong and stable internet connection is a must-have.
  • Parking space: Particularly valuable in crowded areas, a parking space can be a major perk for tenants.
  • Pet-friendly policies: Opening your doors to furry friends can attract a whole new pool of responsible pet owners.

Remember, it's about creating a space that feels more than just a place to live – it's about creating a home! By considering these factors and tailoring your properties, you'll be well on your way to attracting great tenants.

 
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