If you are out there in the market trying to let out your property, then you must have already decided what kind of tenants you are looking to hand over the keys to. Although typically a rental property should look attractive, well maintained, and presentable, but the decision largely depends upon target market segment for your property.
A studio apartment or a smaller unit of residence is more suitable for a bachelor (working or student) or a couple. So depending upon the size of your property and your preference, you can decorate your home to make it eye-catching for the market segment. For instance, a school student looking to renting an apartment in London may like something bright, beautiful and decorative. Whereas, if a family moves into a home, they would prefer neutrally decorated interiors so as to give a sophisticated look to the house. Anyhow, you should bear in mind that the overall appearance should be pleasing, neither too stark nor too dull.
When you want to let your property and put it up in the market, you are obviously looking for maximum rental amount from the property. But in order to make the most of a deal, it is therefore very important for you to pay attention to the overall rent potential of the house apart from just the count of bedrooms.
Apart from interior decoration, there are various other things that tenants like to see in their new home. For example, a smart newly done kitchen is quite an attraction for tenants. So you could consider investing into redoing the kitchen to increase the asking price. Also, nowadays majority of the home seekers are looking for a kitchen fitted with good quality appliances. So make sure you keep that in mind.
Even modern smart bathrooms are important to tenants of every age. Even if your property has 3 bedrooms and is located at a great spot, a shabby washroom could be a total put off for a prospective tenant. You need to pay special attention to kitchen and bathroom especially if you are letting an ex-council property which is usually not in a fancy condition. Also, the overall look and feel of a house includes the exteriors as well, which includes the external paint, window panes, garden, outdoor lighting, etc.
As such, there is a market for every kind of property to let but how much do you want to invest into the appearance of the property depends upon how much rental do you want to get from the property. The cleaner, well maintained and crisp the property, the higher are the chances for a quicker and more profitable rental.
A studio apartment or a smaller unit of residence is more suitable for a bachelor (working or student) or a couple. So depending upon the size of your property and your preference, you can decorate your home to make it eye-catching for the market segment. For instance, a school student looking to renting an apartment in London may like something bright, beautiful and decorative. Whereas, if a family moves into a home, they would prefer neutrally decorated interiors so as to give a sophisticated look to the house. Anyhow, you should bear in mind that the overall appearance should be pleasing, neither too stark nor too dull.
When you want to let your property and put it up in the market, you are obviously looking for maximum rental amount from the property. But in order to make the most of a deal, it is therefore very important for you to pay attention to the overall rent potential of the house apart from just the count of bedrooms.
Apart from interior decoration, there are various other things that tenants like to see in their new home. For example, a smart newly done kitchen is quite an attraction for tenants. So you could consider investing into redoing the kitchen to increase the asking price. Also, nowadays majority of the home seekers are looking for a kitchen fitted with good quality appliances. So make sure you keep that in mind.
Even modern smart bathrooms are important to tenants of every age. Even if your property has 3 bedrooms and is located at a great spot, a shabby washroom could be a total put off for a prospective tenant. You need to pay special attention to kitchen and bathroom especially if you are letting an ex-council property which is usually not in a fancy condition. Also, the overall look and feel of a house includes the exteriors as well, which includes the external paint, window panes, garden, outdoor lighting, etc.
As such, there is a market for every kind of property to let but how much do you want to invest into the appearance of the property depends upon how much rental do you want to get from the property. The cleaner, well maintained and crisp the property, the higher are the chances for a quicker and more profitable rental.
0 comments:
Post a Comment