Top money-saving tips for Landlords preparing a property to let

Top money-saving tips for Landlords preparing a property to let

Preparing a property in an effective way prior to making it available to rent can help landlords to secure a quality tenant and a great rental return.

Allison Thompson, lettings director at Leaders, says: “Presenting a home to rent in an appealing way, with quality fixtures and fittings, is a must for attracting good tenants and getting the best possible rent.

But it can be expensive and time-consuming so landlords need to find the right balance between short-term costs and long-term gains. Over the years Leaders has guided thousands of landlords in preparing their properties for letting in a way that will help them to secure and keep good tenants and maximise their returns while saving time and money in the long run.”

Allison has revealed her top tips designed to help landlords with this important part of the letting process:


Décor:

Stick to neutral colours throughout to ensure your property appeals to all types of tenants. Opt for high-quality paints as the colour will last longer and you will need to redecorate less frequently. Fit doorstops on every door to protect walls from being damaged by door handles.

Flooring:

Fit the same carpet or wood flooring throughout as much of the property as possible as you should receive a discount for buying in bulk. Put large remnants aside to be used for patching up damaged areas to avoid the expense of new flooring. Use a stain resistant carpet and good quality underlay so it lasts longer.

Kitchen:

A modern kitchen will attract tenants and a better rent. If you are fitting worktops it pays to fit it in sections so that if it gets damaged you can replace just one section rather than the whole worktop. Choose standard size and shape tiles only in readily available colours as they cost less and can be easily replaced if damaged. Kit out the kitchen with catering-quality crockery, as these items are less likely to chip or crack and can be replaced on an item-by-item basis should any be broken.

Bathroom:

Choose a power shower over an electric one as they tend to scale up less, are more reliable and typically do not need to be replaced as frequently so will save you money in the long run. Your tenants will appreciate a good shower too.

Bedrooms:

Built-in wardrobes in bedrooms add value and, with a fresh lick of paint, can be made to look as good as new at any time. It can also save you having to buy and replace standalone wardrobes in furnished properties.

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Latest Comments

Spencer Fortag
Spencer Fortag 25 Aug 2016

The funny thing is, I mentioned the brick issue in my blog back in April: http://medwayproperty.blogspot.co.uk/2016/04/the-medway-property-market-and-lack-of.html

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SecomTech
SecomTech 19 Aug 2016

Firstly, I either lodge with DPS or do not take a deposit...secondly, If a tenant has not received a confirmation their deposit is secured with either a scheme or in an insured account with an agent/landlord,...

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jasonevans
jasonevans 19 Aug 2016

Belvoir has over 15 years of experience in property lettings, buying and renting and is one of the best agencies I know about. I have heard that they revived an award for the hard work. Really amazing...

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jasonevans
jasonevans 19 Aug 2016

Usually these areas are least affected when it comes to unexpected economical collapse.

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TheWaspNestRemover
TheWaspNestRemover 11 Aug 2016

You agree to pay for the treatment needed to get rid of fleas, ants, mice, wasps nests and other pests unless you can prove that these are a result of us not meeting our repairing responsibilities or these...

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madisonwelch80
madisonwelch80 02 Aug 2016

16% is quite a raise. Let's hope this tendency won't continue for long.

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madisonwelch80
madisonwelch80 02 Aug 2016

?66,963 is a serious price drop However buying a property it a serious investment only small percentage of the UK population could afford.

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madisonwelch80
madisonwelch80 02 Aug 2016

Wow, it kind of surprised me. I mean counting on mom and dad's bank even after retirement is too much. That's the moment in life when one should have ensured themselves. I am shocked.

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AbbieP.
AbbieP. 22 Jul 2016

"While house prices in the most expensive eleven boroughs have declined values in the cheapest eleven boroughs continue to rise" - not a nice way to even out the price range. London is overrated as it

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AbbieP.
AbbieP. 21 Jul 2016

And try to profit from your decisions, I may add

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CommercialTrust
CommercialTrust 19 Jul 2016

Retirement investment has always been one of the biggest draws of buy to let. And the buy-to-let demographic is, on balance, older. (Over a third of our applicants are over 50 at the time of application.) It...

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Forrest Wheatey
Forrest Wheatey 11 Jul 2016

I find the time perfect for ever home-owner wannabe. Prices should slowly, but steadily drop, at least for the inner buyer. Making it harder for outsiders to buy properties (the whole Brexit thing means...

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