Factors like location and affordability are the main drivers for someone choosing a property, however, features are becoming increasingly important to tenants.
Outdoor space is fast topping the wish lists of tenants when searching for a rental property, as nearly half (42%) of tenants want a garden, balcony or terrace when searching for their ideal home and only 11% would be content with a property with a communal space.
Other features top of the wish list are parking (34%) and modern interiors (27%). People also favour high-speed internet connectivity and energy efficiency.
It is good to know these factors when looking at purchasing a buy to let. Things that are important to tenants will increase the demand for the property and in turn increase the rental value. Stay on top of these trends to make the most out of your investments.