You have a property that you wish to let, we know you’re focusing on getting a tenant as soon as possible, but have you thought about how you could speed that process up if you took the time to understand the needs of tenants in Cambridge? Damp, mould, and poor fixtures and fittings are the biggest complaints from tenants, research has suggested. One mistake you can make when preparing a property to let is not understanding that your tenants are looking for a place they can make their home.
Location, Location, Location
Where your property is situated can make it more or less attractive to prospective tenants. They will be looking to see what amenities it has close by, such as where they can do their weekly shop. Where some people will long to be in the midst of the buzz, others will prefer a more relaxing location close to green spaces. Yet, no matter the location preference, access to transport is always a must.
It’s not complicated
There’s nothing complicated when it comes to preparing your property for a new tenancy; tenants just want a home that looks like it has been loved, and that is clean and tidy. Good tenants take pride in where they live, and it’s amazing the difference a fresh coat of paint can make. Dated furniture can make even the most contemporary property look drab, so choose pieces that are hard-wearing but stylish.
Demand for rental properties in the area may be high, but that doesn’t mean that tenants are willing to lower their expectations to secure a rental property. In reality, they are willing to pay that bit more for the right one.
Make them feel safe
Showing you have thought about their safety will be a plus point when tenants are deciding on which property to rent. Think about choosing good locks and maybe even an alarm system and an outside light so they’re not approaching the property in complete darkness.
Could it be the deal breaker?
Yes, even in a rental property kitchens and bathrooms can be the deal breaker for tenants. They want modern, stylish and, most importantly, clean kitchens, a place where they can practise their culinary or baking talents. The bathroom should have a luxurious feel, somewhere they can see themselves relaxing in at the end of a busy day. So ditch the coloured bathroom suites, broken cupboards, dirty grout and dodgy plumbing, they want a home, not a house of horrors.
One of the major concerns for tenants is how they will be looked after during the tenancy. They want honest and transparent communication, and a service where you or your managing agent responds, reacts and delivers. So make it clear from the outset who is managing your property and the processes you have in place to handle any issues that may arise. Be clear about your expectations of your tenants and what they can expect from you in return.
Next time you’re preparing a property to let, keep your tenants’ needs in mind, and you’ll find that it will be let sooner rather than later. For more advice on what tenants are looking for in our area, please contact a member of our team.