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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Jimmy_McCoy
Jimmy_McCoy 16 Sep 2016

I think that the main reason to buy garden purchases in last minute is because people always search for the best deal. In summer months there are abundance of seasonal goods and it means more low cost

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Jimmy_McCoy
Jimmy_McCoy 16 Sep 2016

Buying a home often is more expensive than you expect. There are lots of hidden costs such as: stamp duty, surveys and valuations, mortgages etc. that can add more than 10% to the total bill

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Homebuyerconveyancing
Homebuyerconveyancing 15 Sep 2016

We are seeing a massive influx of Homebuyers using online Estate Agents. The winners are the online portals that still aim to manage the customer journey to homeownership. They provide a valuation service,...

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oliviaG
oliviaG 12 Sep 2016

Without a doubt renovating can truly be very beneficial to many homeowners but it depends to a great extent on the condition of your home and the parts of it you want to refresh. Before you start you should...

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oliviaG
oliviaG 29 Aug 2016

So true about cats!

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Jason Roberts
Jason Roberts 25 Aug 2016

Any predictions what average rent will be at the same time next year, anymore drops coming?

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dylanvan
dylanvan 19 Aug 2016

very good, thanks for sharing

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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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