Landlords, unlock the rental potential in your property with the help of your local rental property expert!
We are often asked "what are tenants looking for in the Leamington Spa, Warwick and Kenilwoth area"? or "what should we do with our rental property to attract the right tenant"? These questions are also asked by more experienced landlords who have been letting property for a number of years and are now finding that their property is not letting as quickly as it did before.Why?
The truth is that the rental market in this area is changing rapidly and properties that may have previously experienced steady demand may now becomming much more difficut to let. Have you got a fresh, modern and appealing kitchen with appliances, a white bathroom suite and neutral carpets or flooring in your property? These are the features that many professional tenants are looking for when deciding to rent a property.. and are willing to pay a premium!
Not only are landlords facing void periods with an empty property, landlords are also facing increased costs through removal of tax allowances, changes in calculating your tax due on your property investments and the additional stamp duty.
So what can you as a landlord do to improve your situation.? Well now is a good time to think strategically about your rental property and in particular the demand in your local rental market.
Help is at hand!
This property in Marton had been let through The Letting People for some years and was in need of some updating work to attract professional tenants for a further 7-10 years.