Thinking of Letting Your Property to Students? What Should I consider?

Will My Property Be Suitable?

  • Type of Property
  • Location
  • Community
  • Transport Links

What additional work will I need to carry out?

  • Renovation / Decoration?
    • Magnolia blitz
    • Stud Walls
    • Electricity / gas/li>
  • Certification
    • EPC / Gas Safety / Electrical (Not Essential in Coventry)
    • HMO License
  • Safety
    • Wired in Electrical in Smoke Alarms
    • Locks
    • Fire Doors
    • Emergency Lighting
    • Fire Blanket / Extinguisher
  • Furniture
    • Fire safe furniture
    • Bed / Mattress / Mattress Cover / Desk / Seat / Drawers / Wardrobe
  • Internet Connection
    • The correct package

How Can I Advertise the Property / Rooms?

  • Internet
    • Right Move / Prime Location / Zoopla etc.
    • Easy Room Mate / Spare Room
    • Gumtree
  • Content
    • Informative
    • Attractive Photo’s
    • Emphasise Only for Full Time Students
    • 12 Month Contracts

Viewings and tenancies? Any tips?

  • Be Flexible
    • Collect them from an easy to find place
    • Weekends
    • Confirm viewing on the day
    • Confirm funding (guarantor needed)
    • Contract term

Tenancy agreements? Any tips?

  • Additional terms/charges you may could include:
    • Mattress Cover Replacement
    • Out of hours call outs
    • Lost keys
    • Early / weekend departure
  • Regular periodic visits
    • Monitor
    • Build relationships / trust

Moving in a new tenant? Any tips?

  • Go the extra mile & be different
    • Collection from old property / Airport / Station
  • Tenancy Agreement / Inventory
    • Go through each page briefly (Initial each page)
    • Inventory clear and detailed (Initial each page)
      • 10 days to notify of any alterations needed.
    • Contact information and processes.