The wish list for tenants is ever-growing. As the rental market becomes even more competitive, people are looking for more features in a rental than just a good location and a clean property. Using our expertise here at The Letting Experts, we’ve come up with 5 things tenants want from a rental home.
Storage space is one of the most desirable features of any home nowadays. New builds are prioritising storage in their designs as a standard practice. If your rental is an older building, then it’s likely that built-in storage is in limited supply.
To attract tenants, consider providing them with access to the loft or a garden shed. If this isn’t available, you could supply a small wardrobe or set of drawers or even invest in a built-in storage cupboard that can be squeezed into a hallway or living room.
Remote working is soaring in popularity. Naturally, this means that home offices are becoming more and more desirable for renters and buyers. People are even selling their homes to find better remote working spaces! Even if you don’t have a spare room, there are other ways to capitalise on space.
Can you squeeze a desk in a living room, hallway or even under the stairs? Measure up and see where a home office can fit in. To make it obvious to tenants that they could work in your property, you could even provide a desk as part of the furnishings.
This might go without saying since no one has ever wanted a bad landlord. However, with people leaving employers who don’t respect them, this trend could quickly move to landlords.
High-quality tenants might not want to stick around once the initial term is up if you aren’t communicating with them or being reasonable in what you provide to them. So, number three of 5 things tenants want from a rental home is a landlord who is a good communicator and approachable.
The crime rates in the area surrounding your property are completely out of your control. But people do want to feel safe and secure in their homes. Regardless of the local crime rates, adding an alarm or another security feature can be highly cost-effective and will increase your chances of attracting great tenants.
Remote working is still on the rise. This means that people have more time for pets. Agreeing to pets in your rental can help you attract good tenants that stick around for longer. Plus, the younger generation isn’t just opting for furry friends. Gen Z will be looking for landlords who will let them have their micro tortoises, geckos, and snakes stay with them. Since they are usually no trouble at all, it’s even more reason to approve of animals!
At The Letting Experts, we can help you attract and retain excellent tenants. For more advice on how to get the best tenants, get in touch with us today on 0333 344 9915 or via email at hello@thepropertyexperts.co.uk.
Tenants often prioritize ample storage space, a dedicated home office area, a good landlord, security features, and pet-friendly policies.
To attract tenants, consider providing additional storage space, creating a designated home office area, ensuring prompt communication and maintenance, and being open to pet-friendly policies.
Allowing pets can attract a wider pool of tenants, including those with families or individuals who value companionship. It can also lead to longer tenancies and fewer voids.
Consider installing security systems, such as alarms and CCTV, and ensuring proper lighting in and around the property. Regular inspections and maintenance can also help deter potential intruders.