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5 Essential steps to prepare your property for lease

Written by Atlas Lower North Shore | Aug 26, 2024 3:08:05 AM

When it comes to leasing your property, first impressions matter. Whether you're a seasoned landlord or renting out your property for the first time, ensuring your space is ready for tenants is crucial. Here’s a step-by-step guide to help you prepare your property for lease and attract quality tenants.

1. Make a Great First Impression

Consider leaving certain items in the property that could add value for potential tenants. For example, if your kitchen has space for a dishwasher or your laundry has a specific size for a washing machine that might be difficult for tenants to find, it could be more beneficial to leave these appliances rather than expecting tenants to purchase their own. These small additions can significantly enhance the appeal of your property.

2. Thoughtful Inclusions: What to Leave Behind

Think about what items you can leave behind that would be useful to tenants. This might include basic appliances or even furniture that fits the space perfectly. Not only does this save tenants the hassle of buying new items, but it can also justify a higher rental price and make your property stand out in a competitive market.

3. Make It Sparkling Clean

A deep clean can set the tone for how your property is perceived and cared for by tenants. Don’t just stick to the basics; go the extra mile with a proper spring clean. Tenants are quick to notice cooking odors, pet smells, dusty shelves, and grimy bathrooms. A thoroughly cleaned property is far more inviting and sets a high standard for how it should be maintained.

4. Focus on Presentation

Presentation is everything, especially when it comes to listing photos. Consider updating your property with a fresh coat of paint, new carpet, or modern fittings. A renovated kitchen or bathroom can also significantly boost your property’s appeal. Additionally, think about adding heating or cooling systems to maximize comfort and, in turn, your return on investment. Don’t forget the exterior—mow the lawn, sweep pathways, prune the garden, and handle any pest issues to ensure the outdoor space is just as inviting as the interior.

5. Better Safe Than Sorry

If you're not confident in your styling abilities, consider hiring a professional stylist. Atlas can arrange this for you, ensuring your property looks its best. However, if you decide to style it yourself, take inspiration from design magazines or online resources like Houzz or Pinterest. Simple updates like new cushions, plants, and fresh flowers can make a significant difference in how your property is perceived.

By following these steps, you'll ensure your property is not only ready to lease but also stands out to potential tenants. A little effort in preparation can go a long way in securing reliable tenants and maximizing your rental income.

DISCLAIMER - The information provided is for guidance and informational purposes only and does not replace independent business, legal and financial advice which we strongly recommend. Whilst the information is considered true and correct at the date of publication, changes in circumstances after the time of publication may impact the accuracy of the information provided. Atlas will not accept responsibility or liability for any reliance on the blog information, including but not limited to, the accuracy, currency or completeness of any information or links.