Whether you have newly purchased a property with the intention of letting it out, or are preparing an existing rental for a new set of tenants, the same preliminary preparations apply. After all, people may be much more reluctant to pay the proposed rent if the property is in poor condition. Anything from general wear-and-tear to tired, old appliances could be enough to make a tenant look elsewhere.
So what could you do to prepare your property for potential tenants?
Cleaning and decorating
When your previous tenants leave the property it could be in even better condition than when they moved in, while on the other hand, it could be a little ragged around the edges. Either way, it could be a good idea to step inside with your metaphorical magnifying glass and inspect every nook and cranny. If it needs it, consider giving the house a thorough clean, tweaking out of date décor and patching up problem areas to make potential new tenants feel as though they are the very first.
One thing you could bear in mind though is that, regardless of the type of tenant you are expecting to move in, décor that is light, airy and neutral works as a good blank canvas.
When it comes to furnished properties, why not consider including only the basics? White goods, simple sofas, beds, chests of drawers, wardrobes and shelving are all essentials that no property could be without. When it comes to more decorative furnishings such as lamps and wall art, these may well be best left to the tenant, who could have their own personal tastes.
Even in unfurnished properties, white goods, including a washing machine, fridge-freezer and cooking appliances, could be ready and waiting for your tenants on arrival. This means they have access to essentials as well as the opportunity to make their new place feel like home.
This is one of the most important things to do before new tenants move into your property. The inventory is essentially a checklist of every item in the building, where these items are located and the condition they are in.
Industry good practice indicates that this list be checked when your new tenants arrive on moving day, and be signed by them before you leave them to it. Checking and signing occurs again on the day they move out, so any changes or breakages can be identified and their repair covered using a portion of your tenants’ rental deposit.
Check for more general damage
While specific items in your inventory may not be damaged, what about the more general features of your property? A hole through a door, for example, isn’t something that potential new tenants may accept.
In addition, things such as electrics and gas boilers could be thoroughly checked for safety. These are the landlord’s responsibility throughout the tenancy, and unless it can be proven that their damage occurred through tenant misuse, it could likely be up to you to repair and maintain them.
By making sure you go above and beyond for potential tenants, you’ll both be much more likely to enjoy a stress-free and happy tenancy.