What are UK tenants looking for in a rental property?

What are UK tenants looking for in a rental property?

 
As renting becomes more and more common in today’s market, tenants will undoubtedly become more and more selective if they’re planning on renting long-term.

We all have our own idea of what features would be included in our perfect home, but which perks and features top the list for tenants today?

Go Compare has conducted a survey with the aim of finding this out and has questioned renters of all ages up and down the country to discover what’s most important to them.

According to their findings, and what may come as a surprise to some landlords, is that a huge 60.29% of survey participants would prefer a property that is unfurnished, allowing them to put their own stamp on the home.

Another priority for tenants of today is the number of bedrooms, the more the better of course, but almost half (49.95%) of respondents stated that a good number of bedrooms is of high importance to them.

Taking 3rd place by a small margin was the 23.16% that chose ‘Distance To Schools’ as a priority, which comes as no surprise as making the notoriously hectic school run easier is always a bonus.

Some of the other features that were somewhat predictable included the 22.72% of participants that wanted a parking space, the 22.64% that wanted a garden/roof terrace and the 17% that place an area’s aesthetics near the top of their priority list.

There were some less predictable features that also made the list such as the 18.28% that wanted a gym/pool in the same building as their apartment, the 16.21% that desired a cleaning service included in their rental agreement and there was also 6.54% that noted a concierge as a priority.

Overall, there is a lot to take from these findings if you’re an investor or a developer as there are clear signs of demand for rental properties of high quality that tenants can settle down in for the long-term.

Unfurnished

60.29%

Number Of Bedrooms

49.95%

Distance To Schools

23.16%

Parking Space

22.72%

Garden/Roof Terrace

22.64%

Gym/Pool

18.28%

Quality Aesthetic Of Area

17%

Close To Work University

16.88%

Cleaning Service

16.21%

En Suite

15.78%

Furnished

12.78%

Both Either Furnished

11%

Concierge Serviced Accommodation

6.54%