If you are a landlord, you know that there is a lot of money to be made when it comes to renting in London. In particular, you can get higher rent on big properties that have several bedrooms and large living spaces.
While being a landlord can be profitable, it is not always easy. In fact, there are a lot of things you have to do before you have high-paying tenants moving in. Since they are paying a lot each month, they expect the best and you must deliver. So, here are some tips to help you impress tenants moving into your London properties.
Use End of Tenancy Cleaning Services
Tenants are supposed to clean the property when they leave. But, often, what happens is that they do surface cleaning and miss a lot of spots. So, when the next tenants move in, they can discover things like a dirty oven, dusty cupboards and even stains hidden on parts of the carpet. This is not what you want when a tenant is paying a lot to live in London.
To ensure the best moving-in experience for your new tenants, consider using end of tenancy cleaning services. This is going to make sure the property is cleaned properly from top to bottom. You can read more about this service from Platinum Commercial Management, as well as what their team can do for your London properties.
Offer Quality Furniture
If you are offering fully-furnished properties to your tenants, it can be tempting to fill the space with budget furniture. You can get a lot of furniture cheaply if you compromise on the materials they are made from.
But, this is not advisable if you want to attract and keep high-paying tenants. You have to do something extra to extra that is going to merit the higher rent prices and allow them to feel at home. Instead, you should invest in quality furniture. The good thing about doing this is that they are more likely to last since they are designed from better materials.
Paint Every Room
It can be tempting not to paint rooms in your property between different tenants living there. You may feel like it does not really need to be done. But, it is recommended that you always repaint rooms to freshen the place up. It is something that tenants notice, as they will see the new colour on the walls, as well as smell the paint. This can make them feel good about where they are living.
Thankfully, painting can be something that you do yourself. You can easily purchase paint and a roller from a DIY store and do this task. It can save money and mean that you do not have to hire someone. Just ensure that you take your time and do a good job.
Invest in the Outside
High-paying tenants want more than just a wonderful living space inside a house or apartment. They also want to love what it looks like from the outside. This means that you need to take care of the outside of the building, as well as invest in its curb appeal.
Thus, ensure that you take care of the grass and any plants and trees that are around the property. This is going to make sure the place makes a good first impression. You can pressure wash the paving and remove any debris that exists. If you do not have time to care for green space, you can always invest in low-maintenance options. The most important thing is that it looks tidy and attractive.
Ensure There is Parking
Most tenants are going to have a car. This is something that you have to do your best to accommodate if you want to attract those that are high-paying. So, if you have a driveway, ensure that it is accessible for tenants to use. Alternatively, if there is a way to secure street parking, such as through a permit, you can provide this for your tenant. Parking is definitely going to be a feature that people look for when they need somewhere to rent.
Sometimes, it is necessary to pay out some money to attract higher-paying tenants. Indeed, you may be reluctant to pay for a permit and ask tenants to do this themselves. But, this could put them off paying the high rent prices you have. So, you should invest in this for the future so that you can create an impressive advert for your property.