Making the most of your buy to let property

June 23, 2012

Landlords Insurance

To make the most of the letting potential of your buy to let property, you need to make a good impression on potential tenants.

Spending a little to improve the appearance of your property to maximise benefits may be good business sense, as might making sure, if you are looking for the cheapest buy to let insurance quote, that it is actually appropriate for your needs.

Remember that what one landlord may consider to be appropriate may not work out to be the cheapest or most appropriate solution for you.

First impressions count

Even before prospective tenants get in to your property, they’ll be starting to make an assessment of it based on their first impressions of the outside.

Putting a fresh coat of paint on the window frames and doors and making sure that the window glass is clean, may all help to give a positive feeling that will make them want to go inside to see the rest of the property.

With summer on the way, another way to improve the appearance of the external areas of your property is to get the garden looking tidy. The grass should be cut and if possible, any flowerbeds should be weed free.

It may be worth investing a little money on some annual bedding plants to add a splash of colour. If you don’t have a garden, some hanging baskets or pots could go a long way to giving a welcoming appearance to your property.

On the inside

To make the most of your property internally, the first and most important point is that everything should be clean.

It may be worth freshening up the décor and if you stick to a modern minimalist look for all the walls, this could be as easy as slapping on a new coat of neutral coloured paint rather than having to bother with redoing the wallpaper.  This will also make it easier for tenants to add their own personal touches

Shampoo the carpets to remove any lingering odours – particularly important if the previous tenants had pets.

Make sure that everything you provide for your tenants is well maintained and in working order and that all your light fittings have bulbs in them.

If you provide furniture as part of the let, use clean modern lines and keep it simple.

If cutlery and crockery are provided, try to provide matching sets. Remember that breakages will happen, so go for cheaper designs and colours that are easily and readily obtainable.

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