Finding Tenants

Buy To Let Investments - Finding Your Tenants

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PROPERTY ADVICE BLOG - Buy To Let Investments - Finding Your Tenants

Find suitable tenants

Are you hoping to attract families, corporate couples, students or single people? Think about the type of tenant you would like to house and how your choice relates to the area you hope to buy in. Think about the type of facilities different groups of society need and how your property and the surrounding area can fulfill these needs.

Choose the right location.

When it comes to owning a buy to let property you’ll need to think about a location wisely. Depending on the type of tenants you want to attract these are the type of questions you will need to consider:

•    How near are shops, pubs, leisure facilities?
•    Where can I find public transport?
•    Are there parks and green areas nearby?
•    Would families find a school nearby?
•    Where is the nearest medical centre or hospital?
•    Are there universities or colleges in the area?
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Think about your property’s size and condition.

The size and condition of your property are just as important as the location. Explore the market and discover what size of flat or house is most attractive to tenants in your chosen area. Also, think about the age of the property and how much maintenance work is required. Will you need to renovate straight away or is the property in peak condition?

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