Safety is the main priority and a powerful motivator for excellent tenants. Most tenants look for various safety features such as electric fences, CCTV, intercoms, 24-hour security and alarms. It is important to incorporate these into your house/apartment to ensure maximum safety and security for your prospective tenants.
2. School Quality
The primary deciding factor for tenants moving into a particular house/apartment is the quality of schools in the area. Schools are extremely important to families and single parents with school-aged children, and those tenants use this to determine whether or not to move.
3. Move-In Ready Condition
The condition of the property—and more specifically the ability to move right in—is very important to excellent tenants. Your ideal tenant will take good care of your property and maintain it to a high standard of cleanliness and maintenance. If you offer a move-in ready home, you are communicating that you adhere to the same standards.
4. Proximity to Employment
Proximity to a workspace and office is a very important feature for tenants when looking to move into a new home. Tenants prefer to find suitable homes closer to their work to avoid commuting for a long period of time.
5. Include Appliances
Your tenant initially incurs a large expense when leasing a property. They usually have to pay a security deposit plus the first month’s rent. If your property does not include a refrigerator or washer/dryer, the tenant would then have to purchase those items, increasing their upfront costs. Remove the friction to make their decision easier by providing those appliances on the front end. Often your tenants won’t mind paring a little more for a property that includes all appliances.
6. Access to transport and basic necessities
Access to various modes of transport and basic necessities such as grocery stores, restaurants, shopping malls and hospitals is very important. It determines the ease and comfortability in which you will be living, and in return will attract high end tenants.
Last but not least, one of the most important factors is the rent of the property. Make sure the projected rent isn’t so high that it limits your tenant pool—or so low that it lowers the quality.
At Dunhill Consulting Ltd, our team of professionally trained agents will help you find your perfect house/apartment ready to match all your needs. Contact us today to find your dream home!