The decision to let your property furnished or unfurnished is just one of the many decisions that landlords face when letting properties for the first time. There are benefits to both, and letting property largely comes down to comparing the up-front costs against the potential for a higher monthly rental income.
The decision to let furnished or unfurnished has bigger repercussions for your rental property than you may think. Not only will it affect your target market when looking for tenants, it will also influence how much you can feasibly charge for rent, as well as the potential wear and tear your property may suffer.
To furnish, or not to furnish? That is the question. What this decision will most likely come down to whether the potential for income in the future justifies the upfront costs. You don't have to provide expensive furniture to make a difference, but it should be serviceable, clean, safe and appealing to the type of tenant you're hoping to attract.
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The past few years have seen the private rental sector in a state of flux. Here’s a summary of some of the challenges landlords may face in 2018.
Here’s a breakdown of what you need to know about the changes to energy efficiency standards taking effect from 01 April 2018.
Many landlords who are new to letting a property may not realise that they need specialist insurance to cover the properties they rent out.
Often there’s a lot of confusion surrounding tenant and landlord responsibilities when insuring buy-to-let properties. We’ve put together a short guide outlining the different types of buy-to-let insurance available.
When letting a property, there’s a lot of information that’s either useful, or a legal requirement, to provide to your tenants before the start of the tenancy.