Six end of tenancy decorating tips
The lettings market continues to boom as prices for homes for sale continue to rise. That doesn’t mean having a second property is a sure-fire way of commanding a second income. The property must be attractive and priced competitively compared to other similar properties on the market.
1. Small Budget, Big Difference
A small budget can go a long way provided that it’s spent wisely. The trick is to appeal to as many potential tenants as possible; spend a lot of money on your interior and you won’t get a return on investment. Bargain-bucket fixtures and fittings are easy to spot and could put off higher-end tenants.
2. Neutrals Rule
Choose a paint, opt for a neutral colour and don’t be tempted to try to put your own stamp on the place. It also means that tenants are able to make it their own.
3. Remove Stains, Scuffs and Marks and Prevent More
Stains on walls and ceilings look unsightly, but before you simply paint over them it is worth looking into how they came to be there; is there a leak that needs repairing?
Paint over walls and ceilings with a stain-blocker paints that will resist nicotine, crayons, grease and other things that leave marks.
4. No Time Wasters
Decorate once the tenants have moved out. It might seem tempting to do it while they are still in situ, but in reality, the time you take covering and moving furniture makes it all very inconvenient. Every day your property is vacant costs you money, so be as efficient as you can.
5. Solve a Mildew Problem
Be sure any mould or mildew is treated and removed because whilst very common in rentals, it is nonetheless very off-putting for prospective tenants.
6. Keep a Record
However much you spend, keep a record. Track receipts. And keep an inventory of everything in the rental property and the condition it is in when then tenancy starts. Taking photographs is a good way to keep track.
If you prefer, make an investment in property inventory software from specialists like https://inventorybase.co.uk/.
For more key tips, visit End Of Term Cleaning Services for their ideas.
Be clear from the outset what constitutes ‘reasonable wear and tear’ and whose responsibility it is to make good the various elements of the rental property.