It’s student season!
How should I decorate and furnish my student let?
As a landlord with a student rental property, the yields can be fantastic, but it is worth considering that the décor and furniture for a student property should be slightly different from a professional let.
Here are our top tips!
· Paint - A silk or satin paint are recommended, as opposed to using fashionable matt paint on the walls. Student tenants often scuff walls and with a wipeable finish, maintenance is much easier.
· Colours – go for white or magnolia. Bear in mind that at the end of each tenancy, walls may need re-painting, so a simple colour is the easiest option.
· Lighting – energy saving bulbs with fabric or even simple paper shades are popular. Keep it simple, as dust will accumulate and you may find that you wish to replace the shades at the end of each tenancy.
· Blue tack! Students love to stick posters to walls and blue tack is the adhesive of choice. However, after a year the walls do tend to show a mark / residue from the application, which is extremely difficult to remove. Walls generally need to be repainted in order to cover the blue tack mark. As a landlord, what is your preference regarding posters? Some student landlords attach large pinboards to bedroom walls, so that their tenants have an area to affix posters. Others ban blue tack completely.
· Flooring – for most rental properties, laminate or wood effect flooring is very popular. It is durable, hard to stain and generally long lasting. If carpet is preferred, then a “brown mix” style carpet is a good idea, which tends to not highlight wear or any staining.
· Bedroom furniture – we recommend purchasing decent quality pine bedroom furniture. This style seems to last longer than MDF / flat pack style furniture, and ages well. The pine handles tend to remain attached to wardrobe doors and drawer units and the drawer tops will withstand scratches and scuffs.
· Lounge furniture – a great place to source lounge furniture can be charity shops or Ebay. A landlord can find good quality (but perhaps slightly less fashionable) lounge suites, coffee tables and TV stands a good prices. If the pieces are solid and will withstand cup marks, scuffs and heavy use, then replacements will be required less often.
· Gardens – the less maintenance required the better! Fully paved or concrete rear gardens are generally completely acceptable for the student rental market. The student tenant often has little experience of mowing lawns or trimming shrubs and despite leaving gardening tools at the property, they can be unused. It is worth clearly communicating the condition the garden should be in at check out. Double check your Inventory Report and ensure that neatly trimmed shrubs and mown lawns without weeds are clearly detailed. This will help your student tenants to ensure at Check Out, they leave the garden in the same condition as on moving in day.
These tips will help your student rental properties stay in great condition. If you need any further advice, please do contact the team at CP Inventories!