LSL Property Services surveyed 3000 tenants and have found the special features that tenants would most like to have in their rental properties. These are interesting for landlords as it’s these things that could attract tenants prepared to pay a premium price.
Pets are so frequently a perceived issue from a landlord’s perspective. 28% of tenants surveyed said they would be willing to pay an average of £24 extra a month if they could have their four-legged family live with them too. With regular inspections, fully documented professional inventories and the correct check in/out procedures, Robert Williams Sales & Lettings has minimised the likelihood of pet-related problems, with several 100 properties managed that do allow pets.
From fur babies to technology, high-speed internet is seen as a priority. On average, tenants would pay £19 per month more for properties with it.
Of least interest to the tenants surveyed, was a concierge service (3%) and somewhere to store their bikes (4%). Exercise was important to 41% of tenants who would pay £20 extra for use of a communal gym. Even a communal garden was popular with an extra £10 on average would be paid by 32% of tenants. A communal games or recreation room would be welcomed by 27% of tenants too.