What Are Tenants Looking For In A Property?
Whether you’re looking to add a new property to your portfolio or are a first-time landlord, it’s important to understand what features tenants are looking for in a rental property.
Knowing what features appeal to potential renters ensures your property meets their needs and expectations.
This is the key to attracting high-quality tenants who respect you and your property by paying their rent on time and not causing any damage or disturbances.
To help you find your ideal tenant, we’ve shared some landlord advice and rounded up the top 5 features renters seek in a rental property like yours.
Let’s begin.
1. Good location
Location is a top priority for most renters and will influence how much interest you receive on your property.
People enjoy the convenience of being close to amenities like supermarkets, transport links, workplaces, a pharmacy, and a GP. School catchment areas are also a big priority for families.
If you’re looking for a new buy-to-let property, location and local amenities should be a top priority in your search. This is the key to appealing to a wide range of tenants.
Remember to highlight your property’s excellent location in the ad description.
2. Clean and well maintained
Everybody wants to live in a clean and well-maintained home. To make your property attractive to tenants, you must prioritise its upkeep.
Instead of waiting until a problem arises, it’s important to review your property’s condition regularly to see if any touch-ups or repairs are needed.
Taking care of repairs promptly is also great for encouraging existing tenants to renew their leases, as it shows you care. If new renters are moving in, ensure you thoroughly clean your property beforehand.
Keep in mind that tenants usually want to make a place feel like their own, which is easier to do with neutral colours. Lighter colours will also help amplify what natural light the property has.
3. Safety and security
Safety and security are significant motivators for property-seekers. If they’re worried their car or home could be broken into at any time, it will greatly affect their peace of mind.
Not only is a safe and secure property needed to attract tenants, but it’s also a a legal requirement to ensure that your property’s security is up to date.
If you’re considering purchasing a new property in an unfamiliar area, researching crime statistics is a must.
Adding an alarm service or another security feature to your existing rental property is a cost-effective way to make tenants feel safe and secure in their homes.
4. Appliances
Appliances are a big part of any home, from ovens and microwaves to washing machines and tumble dryers.
This is why they’re one of the biggest considerations for people looking for a place to live.
Not only is it important that your property comes equipped with all necessary appliances, but you must ensure they’re all in good working order.
Today’s tenants are also conscious of the energy rating of their appliances as they want to keep their bills as low as possible.
All appliances are rated using a letter scoring system, with ‘A’ being the best and most energy-efficient.
A property with modern appliances, with good energy ratings will appeal to tenants more than outdated ones.
5. Outdoor areas
Another priority for tenants looking for a rental property is whether it comes with an outdoor space.
Most people dream of having a nice outdoor space to get fresh air or entertain guests.
If you’re in the market for a buy-to-let home, purchasing one with its own outdoor space is a good idea.
If you already own a property with an outdoor space, then updating it will make an excellent investment.
From a great location to modern appliances, there are several standard features renters look for in a rental home.
Understanding these features gives you the power to attract and retain only the best tenants.
Make your landlord responsibilities easier with Slough EPC!
From purchasing the right property to keeping up with tenant requests, there are many responsibilities when it comes to being a landlord.
At Slough EPC, we will help you manage some of these responsibilities by providing a platform where you can effortlessly manage all your property inspections and certificates in one place.
You’ll never have to worry about arranging another inspection appointment, chasing after tradespeople, or forgetting to renew your certificates.
