Preparing your rental property for university students can be a great investment. Here are 10 easy tips to help make your property appealing and student friendly:
Ensure Safety & Security
- Install locks on all doors and security stays on openable windows.
- Adding security features like an alarm system.
- Ensure all safety measures, such as smoke detectors and fire extinguishers, are up to date.
Deep Clean & Maintain
- Thoroughly clean the entire property, including carpets, windows, and appliances prior to the tenancy commencing.
- Perform necessary maintenance to ensure everything is in working order, such as plumbing, electrical, and heating.
Provide High Speed Internet
- University students often rely on the internet for their studies. Ensure the property is fibre ready.
- Highlight the availability of internet connectivity in your listing.
Optimise the Layout
- Arrange the space to maximise functionality and comfort. Ensure there is adequate space for studying, socializing and sleeping.
- Consider providing additional power outlets.
Offer Plenty of Storage
- Students often have a lot of belongings, so providing ample storage space is essential. Include built-in shelves, wardrobes and storage units where possible.
Make the Kitchen Great
- Make sure the kitchen is fully functional with essential appliances like a fridge, stove, oven, and microwave.
- Provide ample bench space and storage for kitchen essentials.
- Remove stove and add cooktop.
Create Study Areas
- Designate specific areas for studying, ideally with good lighting and a quiet atmosphere.
- Provide suggestions for arranging desks and chairs to create comfortable study spaces.
Maintain Outdoor Spaces
- Include the maintenance of lawns and gardens as part of the rent
- Provide basic outdoor furniture if possible, such as a table and chairs for outdoor studying or socialising.
Provide Clear Information on Utilities
- Tenants will be responsible for utility bills, provide clear information on the average costs of utilities.
- Offer guidance on how to set up utility accounts and tips for energy conservation to help students manage their expenses.
Use First National Progressive
- We handle everything and take the stress out of property management, allowing our owners to focus on other aspects of their life and business.
By following these tips, you can create a comfortable, functional, and appealing rental property for university students who won’t just stay for one year but likely to stay for the duration of their studies. If you have any questions or would like to discuss preparing your property, please get in contact with Glen Ford today.
With nearly 20 years of experience working in the property market, Glen would love to assist you on your property journey. Whether you are a multi-unit investor or landlord with a single property Glen has a wealth of knowledge to achieve the best results. If you are looking for somebody who is committed, reliable & experienced make sure to give Glen a call.