your property for successful letting
the past few years many people have been turning to owning
rented accommodation in the UK, Ireland and other countries
as an addition to pension provisions and for other reasons.
This has meant that there is a lot more choice for people
wishing to rent and consequently as they have choice then
the property owner has to ensure that they provide good quality
accommodation that will attract Tenants.
investors have purchased brand new purpose built properties
that naturally have an advantage over the older properties
that require modernisation. If you have an older stile property
or that one is in excess of 12 years old, consider replacing
the kitchen, bathroom and generally updating.
the properties featured here have been up dated by their owners
Examples of refurbished rental property
THE PROPERTY – decoration, furnishing, equipment to leave
The quality of the interior decoration may substantially
affect the level of rental achieved. Although it is not possible
to redecorate your own personal home prior to letting it if
you are leaving for work overseas for example, it is essential
that you follow these guidelines if you are planning on letting
an investment property. It is advisable to follow them as
far as possible if you are a returning owner occupier. Carpets
and walls should be neutral. Whites, creams and light pastel
shades and these make a cleaner, fresher impression.
finishes are much easier to maintain than wallpaper. Good
quality curtains and carpets should be provided as they will
have much longer life normally which is most important if
you are planning on letting for several years. Magnolia has
now become very dated and should be avoided if possible.
should be well equipped and bathrooms should have high quality
modern fittings, including a power shower whenever possible
(overseas visitors will usually expect one), good lighting
and tiled flooring. If you are refitting your bathrooms, white
fittings never really go out of date.
flooring is now very popular and gives the illusion of more
space. Kitchens should be tiled or have vinyl covering and
not carpets unless they form part of a kitchen /diner and
the carpet is then suitable for the dining area. If you are
installing wood flooring in an apartment, please check with
the freeholder if it is a new development as they are not
permitted in some developments because of the noise factor.
is very important for any let. Downlight spotlights in Kitchens,
bathrooms and other areas help. In furnished properties, consider
providing some table lamps. Don’t forget adequate lighting
outdoors (often with the use of sensors) to have as a safety
feature for the property.
you have bought a property to let, make sure there are toilet
roll holders, towel rails, mirror, bathroom cabinets or shelves
in the bathroom.
PRESENTATION TO A TENANT:
you are showing a prospective tenant around a property
take a note of the following guidelines:
property is clean, there are no dirty washing up items about
and if there are any unpleasant odours, open some windows
and let some fresh air circulate. Bathroom areas should be
clean and leave the toilet seat down. Beds should be covered.
Although you might be concerned about people walking
on your carpet, some tenants are not too happy about being
asked to take off their shoes
Lighting – even in summer we can have some very
dull days, so turn the lights on first. Lights make a property
welcoming. If the viewing takes place after dark, make sure
your front door outside light is switched on.
– If the curtains are pulled over during the day, pull
them back. Just like ensuring sufficient artificial lighting,
natural lighting is equally as important and can give the
impression of more space particularly in smaller properties
Garden areas – Make sure the garden is tidy
“FURNISHED, PART FURNISHED
or UNFURNISHED LETS”
with curtains, carpets and kitchen equipment – white goods.
(N.B. some white goods e.g. washing machines can be rented)
with the above plus occasional furniture – some beds, settee
or dining table and chairs etc.
FURNISHED Let with the
above, but including all furniture, china, and crockery. &
Cutlery etc. Do not leave the property with too much furniture
as the appearance could be cluttered and rooms appear smaller
than they are.
Requirements for a Furnished Letting
a let is in central London, Bedding, towels, TV’s, Videos
are not included. However, you might be requested to allow
the tenant to erect a satellite dish.
is recommended that all items of sentimental or real value
be removed as even the most careful of tenants have accidents.
It is important (if
we are managing the property) if possessions are stored in
the roof or elsewhere.
storage area should be secured and keys left at our offices,
emergency access should not be denied to a tenant in respect
of gas/electricity/water mains and storage cisterns. N.B.
be careful how you store your belongings. Attic areas can
become very hot in the summer and garages can become very
damp in the winter.
Furnishings –Each room must have adequate furniture for the tenants’
need and we list below the minimum for an average 4 bedroom
property. Some wall pictures can be included.
Lounge – Three piece suite, or two sofas, or four lounge chairs, coffee
table. Occasional light.
Room – Dining table,
Kitchen – Modern cooker, fridge/freezer or separate units, washing
machine, tumble dryer, (in an apartment consider a washer/dryer)
Microwave – not essential, but becoming more popular.
Kitchen equipment – Crockery,
cutlery, glasses, cooking knives, chopping board, saucepans,
frying pan, wok, electric kettle, toaster, coffee/tea mugs/cups/saucers,
colander, baking tins, bottle and can opener etc.
Bedrooms – Beds (complying to Fire and Furnishing regulations), with
wardrobe, bedside table, bedside lights, chair, chest of drawers/dressing
table, adequate storage for the number of occupants.
Bathroom/shower room – Shaver
point, wall cabinet, toilet roll holder and towel rail.
General Household equipment-Vacuum cleaner and tools, brushes, dustpan,
ironing board & iron.
equipment- Unless you
are providing a gardening service, you should supply a lawn
mower (that is capable of cutting long grass if the tenant
misses some cuts), spade, fork, rake,shear, hoe, wheelbarrow,
ladder etc. You might also like to consider supplying garden
sure there are sufficient TV& telephone sockets around
TYPE OF PROPERTY IS SUITABLE FOR LETTING ?
all types of property are letable, provided they are in good
condition and well presented particularly those:
close to good rail and road communications
If there is a large garden, it is maintained
The rental price is suitable to market requirements
There is parking with the property or very close by
There are not too many landlord restrictions.
jml Property Services August 2004
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