MAKE YOUR PROPERTY STAND OUT FROM THE CROWD
Posted on 26th February 2019 at 16:36
Has your rental income stagnated?
Does your averAGe tenant last less than 2 years?
Does it take longer than one week to re-let your property?
As the private rental market continues to grow and rental income takes a dip for the first time in a decade, it is important to consider how you can stand out in a competitive market, achieve the highest rents and re-let faster than anyone else!
Bear in mind the type of tenant you want to attract and what they truly value when choosing a rental property – you want to make sure your property makes it on to their shortlist and shrink any vacant periods.
Think like a tenant – would you look at your property AND be happy to call it home?
Are there any simple upgrades you could make to enhance the properties appeal to your target tenant?
Perhaps a lick of paint in warm neutral colours, or upgrading the light fitting in the main living space. Fit in some workspace for the new trend in flexi-working from home. Small changes will ensure your property is let in a flash at the optimum rent.
If you are looking at a new property to bring to the rental market, remember ‘location’ is key.
Does the property offer good transport links, ample free car parking and walking distance to supermarkets?
In larger properties we like to attract family tenants so consider the local school catchment areas or the size of the outdoor space.
These are all factors that could help a prospective tenant want to make your property their long-term home. Helping to reduce vacant periods and expensive tenancy changeovers.
Call the AMCO Team to discuss your investments we would be delighted to assist with a new purchase and to make your property more attractive in this competitive market.
Speak to a member of our management team today on 0161 7733978.
Share this post: