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What Tenants Want From a Rented Home

by guildy | 21 Sep 2018 | Moving in a Tenant (England), Moving in a Tenant (Wales), News

What Tenants Want From a Rented Home

The easy way to become a successful landlord is to boost the appeal of a buy to let home by giving tenants what they want from a property.

The problem is uncovering what they like and dislike about a home.

To help, consumer watchdog Which? took the survey results and compared them to 1,546 homes to rent to find out how many homes matched the tenant checklist.

New research that has asked a thousand tenants about their home choices reveals what landlords need to do offer to make a home attractive.

Top of the list by a long way are unfurnished properties. Six out of 10 tenants want unfurnished homes – but only 14% match the bill.

The next three most popular features are  being close to schools, parking space and a garden, all scoring around 22%. Lots of properties fail this test as only 15% are near schools, 11% come with parking but 44% have a garden or other outdoor space.

Some tenants also want access to a gym or swimming pool (18%) – and surprisingly 15% came with this feature.

Properties scored highly on tenant desires for an attractive home close to work or a university.

Although 17% wanted a nice looking home, 40% fitted the bill, while another 17% wanted a short commute, 58% matched the requirement.

A cleaning service was wanted by 16%, but only 3% of homes came with this option.

Another 16% liked the idea of an en suite bathroom, while 20% of homes offered the facility.

“Maximising your appeal to tenants starts with buying the right property,” said a Which? spokesman.

Which? suggests research the property market to find the right home, decide if a new or older home is best by weighing yields, stick to a budget to maintain profit margins and make unemotional business decisions.

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Recent Articles

  • Runaway Rents Hit 15-Year High 09/08/2022
  • Final Countdown for New Carbon Monoxide Rules 03/08/2022
  • Landlords Urged to Speak Out Against Renter’s Reform 02/08/2022
  • Buy to Let Rents Rising at Fastest Ever Rate 26/07/2022
  • House Prices Hit Record, but a Slowdown Is on the Way 25/07/2022
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