Landlords need to know what tenants really expect from a rental property. Which facilities do renters prefer in a rental home? What should owners consider when looking for a buy-to-let property? What is it that discourages future renters?

Both landlords and tenants may have difficulty identifying a suitable rental property because of confusion about the requirements of each. We discuss what tenants look for in a rental property and what landlords can do to attract more renters.

Location 

The location of a rental property is commonly the most crucial factor for tenants. The essential elements tenants search for in a rental home include access to everything and public transportation.

Your home’s value increases if it is close to several public transportation routes. If a tenant needs the local train services regularly, the property will not be as appealing if they have to walk a great distance to reach the train or take a bus to reach the train.

Living short distances from standard services like grocery stores, medical clinics, and pharmacies are helpful. This is especially crucial for city apartments, as many people do not own cars. Schools in the area are a significant factor for bigger homes that a family could be interested in buying.

Cleaned rental property

A common request from tenants is to have the rental unit professionally cleaned before they move in. When former tenants move out, they should have to pay for a professional cleaning, which should include vacuuming and cleaning the carpets and the whole property.

If you engage a property repair company, they will see to it, but if you are in charge of the property yourself, it is your responsibility to ensure everything is done correctly.

Security

Every renter needs a sense of security in their residence. The majority of tenants will avoid a neighborhood known for its criminal activity. 

Tenants are concerned about safety, and a sound security system with alarms and powerful locks on windows and doors can give them comfort of mind. Landlords should ensure the rental property’s security system is in good working order.

Setting up CCTV, additional locks, a camera on the front door, and ensuring all safety licenses can help landlords give their renters a sense of security in addition to a functional security system.

Landlords should conduct a mid-tenancy inspection to verify their property’s safety and proper functioning. At this time, a tenant can ask questions or share issues.

Outdoor space

Separate outside space, such as a garden or balcony, is in great demand by many renters. Tenants, especially those with little ones, are typically attracted to housing close to a local park if none of the other options are possible. 

Tenants with access to outside areas may relax in the sun during the more pleasant seasons, have parties for friends and family, and generally take advantage of a larger space for relaxation. 

Tenant interest in a rental property may increase by renovating and improving gardens. This demonstrates to tenants that the landlord knows how to make modifications and cares about the property. Additionally, it raises the property’s value.

Energy efficient

Most renters would like this benefit if given a choice, but few are ready to pay more because of it. If you are reluctant to update to more energy-efficient appliances, you should change them to energy efficiency when replacing the products. This will benefit you and your renters, reducing the need for expensive maintenance on older appliances.

Pet friendly

When looking for an extended stay, pet owners consider finding a rental property that welcomes their pets. Finding a place to stay, that allows pets can be challenging for many pet owners. The government has established a bill that helps tenants to keep pets with them.

Only 10% of landlords declare they are pet-friendly, so homes that allow pets should be checked out. By easing pet policies, landlords can increase the possibility that tenants will stay in the property for a more extended time and, in turn, increase their rental income.

Natural lighting

In most cases, a rental property with more natural light and open space will be preferred above one with less.

 Landlords looking for a buy-to-let property should focus on finding one with sufficient living space and natural light in relation to the overall size of the house.

Many modern homes are made with this in mind. For example, the layout of each flat will be set up to make the most of the space available, and big windows are often used to let in natural light.

Parking spot

A parking spot is essential and has become even more important in the past year. If you work from home, you’ll need a place to park your car for extended periods.

If you’re looking to lease a home or flat in the city, having access to a parking space is definitely an advantage. If your rental property has a secure parking lot in a neighborhood with congested streets, you’ll have no trouble finding tenants.

Properly constructed

Tenants like rental homes that are properly constructed. Newly built properties will be in better shape. Tenants also benefit from their low repair needs. For the most rental income, buy-to-let investors must focus on renting out a newly constructed property.

Landlords have a responsibility to maintain good conditions for their rental property. The first step for landlords is to update the property’s infrastructure, including the doors, windows, walls, flooring, and kitchen items. Making modest adjustments, such as painting a wall or changing out the door levers, can significantly impact.

Storage space

Tenants want a rental property with plenty of storage space, including closets and kitchen cabinets. Modern buildings may provide facilities such as underground storage lockers and a bike parking area for residents to use.

Landlords that make the most of available storage space are more likely to find and keep good tenants. It could be as simple as using an extra space, cleaning a shed, and installing a closet.

Purchasing a UK Rental Property 

When looking for a buy-to-let investment in the United Kingdom, potential buyers are advised to consider what features tenants expect from a rental property.

Get in touch with us if you’re interested in learning more about rental investment options in the UK that are according to the needs of tenants.