Preparing to Let
When people view your property, they will compare it to others available, so its condition and appearance will affect both the rental value and the speed at which it is let. Remember that first impressions count:
- wherever possible decorations should be light modern and neutral - be prepared to re-decorate as necessary
- carpets need to be clean and neutral
- kitchens and bathrooms should be modern and well presented with white bathroom suites ideally
- in general the property should be thoroughly cleaned and the rooms left neat and uncluttered
- any gardens should be tidy and easily maintained
- ensure that any obvious day to day maintenance is dealt with prior to letting
Choosing a Property
The key to success with buy-to-let is choosing the right property. If you are buying a property to let, choose one that will appeal to the type of people who live in that area. For example, the main tenant market could be made up of busy professionals, single people or couples who may be looking for:
- a two or three-bedroom flat or house
- good transport links
- small or no garden
Before you buy, check that the house or flat you are interested in conforms to health and safety regulations. Otherwise you could find yourself needing to replace boilers, gas fires and appliances.
