The student rental market in Leicester is highly competitive, with a large demand for terraced houses in particular. These properties are popular among students due to their proximity to the city's universities and colleges, as well as their relatively low cost compared to other types of housing.
However, the competitiveness of the market means that landlords must take steps to keep their properties upgraded in order to attract and retain tenants. This includes maintaining the property in good condition, making any necessary repairs, and keeping the interior and exterior of the house looking clean and presentable.
One of the most important upgrades that landlords can make is to improve the energy efficiency of their properties. This can include installing double-glazed windows, insulation, and energy-efficient heating systems. Not only will this help to reduce the cost of utility bills for tenants, but it will also make the property more environmentally friendly.
Another upgrade that landlords should consider is to install modern amenities such as high-speed internet and cable TV. Many students rely on these services to stay connected with their studies and their friends and family, and they will often be willing to pay a premium for properties that offer these services.
Finally, landlords should also make an effort to keep their properties safe and secure. This can include installing security cameras, alarms, and locks on all doors and windows. This will give tenants peace of mind and will help to deter crime in the area.
Overall, the student rental market in Leicester is highly competitive, and landlords must take steps to keep their properties upgraded in order to attract and retain tenants.
Written by First 4 Lettings
