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How To Make Your Rental Property Stand Out

Uncategorized   |   May 27, 2022   |   declan

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When you’re a landlord, it’s key to ensure your rental properties don’t sit vacant for long periods. Simply put, if you don’t have tenants, your rental properties won’t be profitable and you may even end up losing money on this investment. So, it is crucial to ensure you’re doing everything you can to fill any vacant properties as quickly as possible. 

 

These days, the rental market is incredibly competitive and when searching for a property to rent, tenants will have several options to choose from. It can be easy for your rental properties to get lost amongst the crowd and this can result in you losing out on prospective tenants. Thankfully, there are some things you can do to make your rental property stand out though and below we have listed some of the best ways to attract new tenants. 

 

Pay attention to the exterior of your property

 

The exterior of your rental property is more important than you may initially realise and it’s essential to make sure that your property is giving off the right first impression. Your property’s facade is the first thing prospective tenants will see both online and in person, so it’s always beneficial to spend some time and money doing up the exterior of your property. Ensuring your rental property has good kerb appeal will increase the likelihood of people making an enquiry or booking a viewing. 

 

Give the interior design a refresh 

 

Whilst you’re revamping the exterior of your rental property, it is worthwhile giving the interior a fresh lick of paint too. Completing any required DIY jobs and fixing any imperfections will help you to attract new tenants, and you shouldn’t underestimate what prospective tenants will notice when viewing your property. A general tip for decorating a rental property is to keep the interior as neutral as possible, especially in rooms like the kitchen and living room, and this can help people to envisage themselves living there. 

 

Choose the right estate agent

 

The estate agent you use can have a huge impact on how quickly you fill your vacant properties. Estate agents will be responsible for everything from valuing your rental property and taking advertising photos to marketing your property on all the major property portals and conducting viewings with prospective tenants. Choosing the best estate agents in the local area will make the whole lettings process as straightforward as possible and they can support you from beginning to end with finding quality tenants.

 

Know what tenants are looking for

 

As you may expect, tenants’ wants and needs will change over time, and you need to know what your target tenants are looking for in a rental property. Depending on whether your property is best suited to families or couples, you may find that different features are considered to be essential and it’s beneficial to do some research in this regard. You can then make a few realistic changes to ensure your property benefits from everything tenants require, increasing the likelihood of them wanting to rent from you.

 

Make sure you’re pricing the property right 

 

Whenever you’re advertising a property, whether this is online or in the window of an estate agent, the rental price is one of the first things that people will look at. Charging too much per month will be off-putting to prospective tenants and it can prevent them from even considering your property. The professional valuation you receive from an estate agent should be thorough and well-researched, and you shouldn’t set your rental price based on an instant valuation you received online somewhere. 

 

Advertising houses to rent in Takeley

 

If you’re a landlord and you have houses to rent in Takeley, our team at Wright & Co are the best people to reach out to. We can provide you with the comprehensive assistance you need from valuing your property to marketing it and conducting viewings. Our team has lots of experience supporting landlords with their properties to rent, and we invite you to take advantage of our local knowledge. We can assure you that we have a proactive approach too and we always have an open line of communication, so you won’t have to chase us. To find out more about how we can assist you with your houses to rent in Takeley, explore the rest of our website today. 

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