With one in four house sales in the third quarter of 2016 a buy to let or second home, it's clear that the rental market is only going to become more competitive. It's more important than ever that your property doesn't lie empty when it could be bringing in money. Here are some simple and easily implemented actions to help you let your property quickly, with a minimum of stress, and with the maximum return on your investment.
Make structural changesDepending on your timescale, you may find that you will actually rent your property more quickly and for much more money if you take a couple of months to make some minor structural changes before putting it on the market. Open floor living, kitchen, and dining spaces are in fashion at the moment, and maximise the size of the space. A new kitchen goes a long way to draw in potential tenants, and new bathrooms are a big plus, too.
Make the exterior shineFirst impressions count. Make sure the outside of the property is smart, tidy, and welcoming. If there's a front garden, spend some time and money planting it out, which can make a big difference to the overall aspect of the building.
Keep it clean, clear, and neutral with accentsDressing your property to make it more attractive can make a massive difference to your rental price, and the speed at which it gets snapped up. Although the basis of the colour pallet should be neutral, accent walls and brightly coloured cushions and accessories, as well as warm lighting and a clean, uncluttered space, will all give your property the best chance of going quickly.
Put up a boardA good old fashioned 'To Let' board can bring in many enquiries and is definitely worth doing.
Appeal to a particular market and advertise intelligentlyAt Diamond Move we take the time to do some research on the area local to your property, and what types of lettings are in demand. If it's family homes, for example, we advise turn your spare room into a child's room and emphasise the local school; if it's student properties, underline the local transport links. We advertise in the places where your target market spend time, whether physically or in person. We make sure your pictures are professional-looking and show the property in its best light; as imagery is the most effective form of advertising, and a good picture will grab potential tenants' eyes immediately.
Diamond Move Have been Letting properties in Hounslow since 2005.Call Diamond Move today on 02085778855 for a FREE valuation or CLICK HERE to request a call back.
Written by Diamond Move