It’s a stone cold fact that the right furnishings can make or break a property. It may be the quaintest or the most modern, but a breathtaking exterior doesn’t matter much if what’s inside is disastrous. It’s easy for a landlord to cut corners when it comes to furniture, after all, a property is a big enough investment as it is, and furniture on top of that can see costs sky rocketing.
One thing that landlords, potential or otherwise, should keep in mind when furnishing their house is that cutting corners when it comes to quality is something they can’t afford to do. Low quality furniture breaks – simple as that. Broken furniture means you either foot the bill to replace it or push responsibility onto the tenants, which is only going to harm your relationship with them.
A well furnished property will pull in more money than a badly furnished one. Tenants appreciate a good looking space, and are more likely to sign up to rent your property if there are stylish and comfortable furnishings. Tenants are always willing to pay more for less hassle, and if they don’t have their own furniture, they won’t mind renting out at a slightly higher rate if they know they won’t be required to spend money on kitting out the property.
Leaving your property unfurnished can sometimes work in your favour. Many potential tenants will have accrued their own furniture previously, and a furnished property would force them to either sell or store this furniture while they rent your property. If you are looking to attract long term tenants (generally older tenants, as younger tenants tend to move around more), then an unfurnished property can be a real draw.
Part-furnished properties can be the best choice when deciding on how to furnish the house. Supplying tenants with basic furnishings, like a dining room set, white goods, wardrobes or beds, gives your tenants a lot of flexibility. Supplying the most expensive furnishings like a sofa set or washing machine will allow your tenants the space to personalise the property with their own furnishings, while saving them big money outlays on property essentials.
Landlord furniture packages can be a great solution for buy to let properties. There are plenty of options for price, size and scope. There are a variety of packages categorised by style and function, with packages designed specifically for students, house shares, family homes or luxury homes. With many companies employing top quality interior designers to compile the packages, they are consistently high quality and come in a variety of styles. The fact that they’re also available to rent or buy can make the difference between a huge initial outlay or an affordable monthly fee. Either way, they can help save time, money and hassle for a lot of landlords.
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