Cayenne Court, SE1
£370.00 pwA fantastic one bedroom apartment with a private balcony in Shad Thames within the sought after Caraway apartments Development.
Thinking about letting your property? The process of letting a property can be a complex and time-consuming one, but the rewards can be considerable when you get everything right. Find out how to let a property and get tips and advice on how to achieve the best rental price from a reliable tenant, as well as understanding your legal rights, the latest legislation and regulations and your obligations to your tenants, whether you're letting a room, a flat or a house.
Preparing to let your property
Before you begin the process of letting your property, you need to be thoroughly prepared. There is a lot to do and plenty to think about before you can think about getting your new tenants through the door.
First impressions count for everything when it comes to property, so it's vital your home looks its best for potential tenants. Maintaining this condition for all your viewings will give you the best chance of letting your home and achieving the best possible price. So, what preparations should you make?
The external view
This is the first view your potential tenants will have of your property, so you should focus on optimising its appearance.
The interior
Make sure all aspects of your property are up to scratch and meet all of the required standards to give you the best chance of finding the right tenants and achieving the best price. Is your property:
As well as the physical standards of the property itself, there are numerous other standards that will need to be met, including safety standards for gas and furniture. Read more about your health and safety obligations in our guide to being a landlord.
If the property is to be occupied by more than one family or party, this constitutes a House in Multiple Occupation (HMO) and further regulations will need to be adhered to, as well as registering with your local authority. Read more about requirements for Houses in Multiple Occupation on the Communities and Local Government website.
It may seem like a lot of work, but with time, energy and even a bit of money spent now, it could really make the difference to how quickly you let your property and how much rent you can charge. Speculate to accumulate!
Who should you consult before letting your property?
Before you can let your property, you need to consult a number of parties:
The cost of letting your property
While your thoughts may be leaning towards how much you can make by letting your property, it is important that you consider and budget for the costs involved, too. You should budget for the following costs:
Agency fees
You should never underestimate the work involved in the successful letting of your property. There are considerable advantages in using us. We will:
Managing your property
After we have found suitable tenants for your property, you have the option of either managing the let yourself, or appoint us to manage your property on your behalf. Much will depend on your circumstances. If you are living abroad, for example, you may want to employ us to make sure your tenants and the property are sufficiently looked after while you're away.
Our management team will:
Vet potential tenants by sourcing references from previous landlords, conducting credit checks and obtaining bank details
Pre-tenancy checklist
A pre-tenancy checklist should help you make sure you've ticked all the right boxes before you make the next step in letting your property.
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