Furnishing Your Buy-to-let Property
Property investment can see a serious return on your investment, provided you know what youre doing. If you are contemplating buying to let, the key points to success are location and matching the dwelling specs to the needs of the area. Buying and renovating a lovely family home with a large garden is pointless in a student neighbourhood, for example. You also have to decide whether to let furnished or unfurnished.
Furnished or Unfurnished
On the whole, larger apartments and houses tend to be rented unfurnished, as tenants are older and established. Smaller properties attract younger, mobile people and are usually let furnished. Ultimately its the owners decision and there are pros and cons to both options. While there are more tenants seeking furnished accommodation, your choices may not suit your tenants, plus they tend to stay longer when they bring their own furniture. You will have to replace or repair items and insure them too. On the upside, if you decide to sell the property, you can also sell the contents. Letting agents now recommend part furnishing a BTL. The majority of people prefer