Added worth for tenants: Easy enhancements that may justify increased lease

Editorial Team
4 Min Read


By Allison Thompson, nationwide lettings managing director, Romans

Though the lease you cost have to be in keeping with native market charges, there can be a spread of costs, and also you wish to be on the prime finish.

Trendy fittings and clear, contemporary décor are a regular ‘should’, however what are the additional issues you are able to do to draw tenants who’re keen to pay a little bit additional?

Guarantee they’ll get high-speed broadband

All of us rely closely on the web nowadays, and tenants definitely count on to have an honest broadband service. Whereas they are going to be accountable for paying their very own payments (except you’re letting an HMO, during which case, broadband can be included), it’s value guaranteeing that the property has a full fibre connection in order that tenants can get a super-fast package deal. Placing this in your property adverts is more likely to entice tenants who can afford to pay a bit extra.

Present fashionable energy factors

Now that all of us have a number of digital units that want charging, be certain that your property appears updated and might deal with your tenants’ electrical necessities.

  • Exchange older plug sockets with USB ports.
  • Be certain there are sufficient charging factors in the lounge and bedrooms to deal with a number of units charging without delay.
  • Present good energy strips for tenants to make use of, which may also help management energy utilization by robotically switching off units and home equipment once they’re not in use.

Be as eco-friendly as potential

The overwhelming majority of tenants are eager to stay extra sustainably, so making your rental as inexperienced as potential might assist entice accountable tenants who is likely to be keen to pay a little bit additional to assist the atmosphere.

  • Be certain the property is properly insulated.
  • Set up smart-tech heating and lighting management methods.
  • Guarantee all lighting is LED.
  • Set up dual-flush bathrooms and water-saving showerheads.
  • Present recycling and composting amenities.

Be pet-friendly 

In our expertise, most tenants with pets are ready to pay a little bit extra to make sure their pet has a cushty residence. So, although the Renters’ Rights Invoice (England solely) provides all tenants the best to request holding a pet and also you received’t be capable to refuse and not using a good cause, the place tenants have a alternative of a ‘customary’ rental or one which’s a bit costlier however extra pet-friendly, they’re more likely to go for the latter.

Some concepts:

  • If there’s a backyard or different outdoors space, be certain that it’s securely enclosed.
  • Have laborious flooring to make it simpler for the tenant to maintain clear.
  • Be open to putting in a cat or canine flap.

Improve the bathe

A contemporary lavatory with an honest bathe is excessive on most tenants’ wishlists. In the event you’ve had your rental for a number of years, you don’t should refit your complete lavatory, but it surely’s properly value upgrading the bathe.

Think about putting in an all-metal built-in bathe system, which is sturdy, corrosion-resistant and designed for frequent use and long-term stress – ultimate for rental properties. And it’ll look good in your advertising photographs!

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