Keeping Your Property Attractive to Potential Tenants
Category Advice
Renting out your property comes with its fair share of benefits and challenges. One of the biggest, ongoing aspects of leasing a property is its ongoing maintenance, making sure it continues to attract good tenants and remains profitable.
It is vital that your property is regularly maintained, upgraded, even renovated to help you reap the maximum benefits of owning and renting out your property. It can be a very fruitful venture when you are committed to keeping your property looking and functioning at its best.
Here are some simple ways to keep your property attractive for potential tenants
1. Connectivity
As more of our workforce spends a good deal of time working remotely or in hybrid positions, a property that is equipped for a work-from-home lifestyle is essential. The initial setup may be costly, but it can go a long way to ensuring you attract good tenants consistently. Connectivity capabilities to consider include:
- A backup generator
- Wi-Fi readiness
- UPS
- Inverter
2. Alternative power and energy efficiency
This doesn't require too much convincing, as we all know just how much ongoing load shedding has impacted the way we live and work - and will likely do so for the foreseeable future. If your property can minimize as many of the negative effects of load shedding as possible, you are guaranteed to attract good tenants. Eco-friendly features will also add great value to your property.
Some features to consider:
- A backup generator
- Gas stove
- Dimmers on light switches
- Energy-saving bulbs
- Low-flow showerheads
- Geyser blankets,
- Rainwater collection tanks
- Grey water for irrigation systems
3. Upgraded features, appliances and technology
One of the most attractive features to a potential tenant is the look and feel of the property. A move-in ready property that requires minimal cleaning and maintenance will get snapped up by the right tenant very quickly. A newly renovated property will allow you to also add to your monthly rental fee, so take advantage of ways to keep it attractive.
Here are some of the easiest ways to keep your property looking updated and modern:
- Modern floors that are easy to clean (laminate flooring, non-slip tiles, etc.)
- Fully functional oven, stovetops and extractor fan
- Space for several appliances in the kitchen
- Updated bathroom fixtures and extractor fan
- A fresh coat of paint inside and outside
- An air-conditioner
- Additional shelving / floating shelves
- Multiple plug points
- Newly replaced fixtures and fittings (handles, locks, light fixtures, railings, etc.)
- A space for office use (Eg: a built-in desk or a cupboard that converts into a workspace)
- An easy-to-maintain garden with low maintenance plants
- Regular deep cleaning
- Additional appliances or costly items like a bed or couch (ideal for students or short-term tenants)
4. Security features
More and more renters are seeking out properties that can help ensure their ongoing safety and security. As a landlord or property owner, you have a significant advantage if your property is able to provide some or all of the following:
- Alarm system
- Motion detectors or beams
- Electric fencing
- Electronic access (front gate and garage)
- Armed response
- Surveillance cameras
- Security gates and burglar bars
- Slam-lock doors
- External lighting
- Pool covers
- Surge protectors (for electrical appliances)
Not to mention the importance of a fully compliant property with safely installed and regularly maintained electrical, plumbing, pest control, gas and electric fencing features.
Ready to list your rental property? Give us a call!
Let's set you up for rental success. Our experienced rental team would love to partner with you to help you prepare and list your first rental property and find the right tenant. Contact us today to set up an introductory meeting.
Author: SAProperty.com
