When letting your property, naturally you want to achieve the highest possible rent and attract the best quality tenant. Though its important to remember the local market that your property is located in and what the competition is up to. Its always useful to walk through the property with your letting agent to identify its strengths and weaknesses.
The better and cleaner the property, the easier it is to secure a good tenant. Good tenants do not generally rent properties in poor condition. We therefore recommend that the carpets are professionally cleaned to look their best, or replaced if they are worn and to attend to any general redecoration prior to the tenant taking occupation. Simple improvements such as these can transform the look and feel of your property for relatively modest outlay. If your property has a garden, its always worth getting someone in to give it a good tidy up and cut the lawn presenting it in good seasonal condition. Kitchens and bathrooms are the two key areas that tenants focus on, they don't necessarily have to be the most up to date, though so long as they are clean, bright and well equipped, this makes for a good overall impression of your property.
Tenants that are shown clean, bright and well presented property are more likely to commit sooner and to stay longer. The smarter the place is, the more likely the tenant will look after it as if it were their own, as you are offering them something they aspire to. Overall, this will go some way to increasing your properties rentability and reducing your voids as well as the long term benefits of having attracted a good covenant.
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If you are looking for an agent with experience that can help you find the right tenant for your property, then contact me to find out how we can get the best out of your investment property. Email me on chris@ashmoreresidential.com or give me a call on 020 7435 0420. Pop in for a chat – we are based at Ashmore Residential, Suite 7, 25-27 Heath Street, London, NW3 6TR. There is plenty of parking and the kettle is always on.
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