How To Style A Rental Property To Make It More Appealing
With the rapid growth in the UK housing market, investing in rental properties presents many opportunities in the coming years. In fact, forecasters from Nationwide saw a 0.8% month-on-month growth in the Britain housing sector, hereby reaching its highest level of 11.2% growth since 2005. However, this massive growth in the housing market poses some risks to rental property owners as more competition arises. So read through until the end of this article to learn how to outshine competitors and make any rental property more desirable to prospective tenants.
Hanging Shelves and Wall Designs
With a little creativity, hanging shelves can add extra storage and accelerate the wall in a sophisticated way without taking up any floor space. Using hanging shelves as room decor can instantly spruce up the space by putting the renter’s personality on display through their artworks, photos, collectibles, and so on. These shelves are also ideal to fill vacant bathroom walls or be installed right on the top of the door to make the room feel bigger by creating a vertical illusion. For a more homey feel, be sure to use wooden picture frames that will complement the colours of the room and bring life to empty walls. When choosing a wood frame, it is important to pair cooler tones photos with lighter wood frames made of pine, oak, and ash for a calming backdrop that can stand the test of time. On the other hand, photos with warmer tones are best paired with darker frames made with walnut and mahogany in order to amplify the overall look of the photo.
Smart Home Systems and Multifunctional Furniture
As technology development continues to expand, more and more tenants are expecting smart technology systems in their homes for added security and convenience. This would include automating things like home temperature, front-door lock, and alarm systems that allow tenants to monitor activities in their rental homes real-time regardless of where they are. Remote monitoring can be especially helpful when checking in on children or elderly loved ones who are left alone at home. It is also important to invest in multifunctional furniture that intertwines functionality and aesthetics. Creative and multifunctional furniture like sofa beds or tables with stackable chairs can work wonders in a compact rental space.
Plants and Ornaments
Experts suggest adding a touch of greenery to clean up the air especially if the rental property is located in the middle of the city. Not only do plants help purify the air by removing toxins, but these low-cost ornaments can also make a good alternative to expensive statement pieces. For green-fingered people, hanging baskets or pots that can be placed in the rental property’s balcony or tiny back garden to make the outside feel more inviting and comfortable. Another option is to line up some rugs under the plant pots to add a splash of colour to a living space, while absorbing excess water from plants at the same time. Although rugs are seen as one of the simplest decorating options, these fabrics are a great way to balance the room out and create a unified ambiance.
A well-decorated home can help bring in a wave of quality tenants who will be more likely to stay for a long period of time. Whether it’s a stand-alone family home or a townhouse, be sure to follow all the tips listed in this article to win over competitors and turn any rental property into a place potential renters can call home.
You May Also Enjoy
Industry Reaction to Renters’ Rights Bill Becoming Law
Rightmove data and commentary as Renters’ Rights gets Royal Assent
Half of Brits would retrofit their property to make it more appealing to future buyers
Buyers hit pause: Housing market records first annual fall in new sales in two years as more buyers adopt ‘wait and see’ strategy
Rents hit new record as pace of new rental homes coming onto the market slows
