Outdoor space top priority for tenants
Outdoor space tops the wish lists of UK tenants when searching for a rental property, research from yieldit has revealed.
Almost half (42%) of tenants seek a garden, terrace or balcony when searching for the ideal home and only 11% would be content with a communal space.
Other key features are parking (34%) and modern interiors (27%), while people also favour energy efficiency and high-speed internet connectivity.
Ryan Hughes, head of sales at yieldit, said: “Unsurprisingly, factors like affordability and location remain the key drivers for someone choosing a property, but features are becoming increasingly important to tenants.
“As the quality of rental properties coming to market improves, renters are becoming more discerning.
“Luxuries like integrated smart technology and amenities such as concierge and on-site gyms are becoming more commonplace and expectations are rising.
“If landlords want to achieve high yields, they need to sit up and take notice of what tenants want – it’s that simple.”
yieldit specialises in the sale of income generating buy-to-let property between investors.