With the ever-changing rental market, it can be difficult for landlords to keep up with the most effective strategies for attracting tenants in 2023. Fortunately, there are a few simple tips that Corby landlords can follow to ensure their rental property stands out and attracts more quality tenants this year. In this article, we’ll discuss some of the top strategies for Corby landlords to use to draw in potential tenants in 2023. Make sure your home is in excellent shape before renting it out if you want to do so soon. Every landlord should take a few essential steps to entice long-term tenants. Whatever level of expertise you possess, becoming a landlord can occasionally be intimidating.
For this reason, we have put together a helpful guide that will enable you to prepare your house for rental quickly. Experienced Corby estate agents can assist you in getting tenants.
Clean up the place Thoroughly
To improve your chances of obtaining long-term tenants, give your home a complete cleaning. A professional cleaner may assist you in making sure the house appears perfect by washing the floors and other furniture, which may be another advantage of hiring one. Be careful to clean the bathroom and look for signs of mould or moisture. Setting high expectations early on ensures prospective tenants must maintain the property’s high standards while leaving it. So that you can address any issues that may arise, begin work on your property as soon as feasible.
Make any necessary repairs
Properties will inevitably endure wear and tear from time to time. As a result, you must address any serious difficulties as soon as you become aware of them. It’s recommended to search for local builders if you need assistance with remodelling or plastering. You may hire a professional to help you with maintenance and repair work, such as house expansions, room conversions, building or repairing garages, and more because local builders sometimes specialise in a certain field.
Utilisation of less energy
Everyone is concerned about the rising cost of living, but it’s especially important for renters moving into a new place because they will need to know their monthly expenses. Due to the quick change in gas and electricity rates, you won’t be able to provide potential renters with an estimation of what their bills would look like based on prior years. What you can do, though, is draw attention to your property’s energy efficiency. The best possible insulation, the absence of noticeable draughts where heat might escape, and a functional, efficient boiler are all requirements for tenants.
Pets have historically been less prevalent on the rental market, but as more and more renters begin to own pets, allowing pets might be advantageous. Your pool of potential tenants would expand, and you could make sure the tenant had pet and goods insurance to alleviate your mind about any possible damage.
Working from home has increased in popularity since the epidemic, particularly among young professionals. As a result, many tenants now desire greater workspace in their residences. This may be a desire for a larger bedroom for tenants in HMOs (Houses in Multiple Occupation) instead of an additional bedroom for tenants who rent entire houses.
Many rental properties need convenient parking, especially HMOs or houses in cities. Due to this, rental homes with parking access are in great demand in the lettings market. Off-street parking is especially sought after since it offers more protection and prevents them from competing for on-street parking.
Attracting more tenants in 2023 is an ever-present challenge for landlords. Estate agents in Kettering can assist you with this. By utilising the tips listed above, Corby landlords can increase their chances of finding the right tenant for their property. Additionally, they should ensure that their rental property meets the required standards and is well-maintained. Lastly, landlords should consider offering incentives such as discounts and flexible rental terms to attract more tenants and ensure their satisfaction. With the right strategies in place, Corby landlords should be able to attract more tenants in 2023.