It’s important to understand what each term means before you decide what will work best for you as a property owner. There is no legal definition of each category. However, agents have a good idea what tenants want and what landlords need to do for each.
Unfurnished
You will still need some basic items to furnish your property. This includes kitchen appliances such as a fridge/freezer, washing machine, and cooker as well as bathroom accessories, carpets, or other types of flooring, and curtains or blinds. The property will not be classified as furnished even though it is not empty.
Part Furnished
A part furnished property is usually equipped with white goods and essential electrical appliances, as well as basic furniture for each room. The property may include equipment and kitchen utensils such as a microwave and kettle. For advice from Letting Agents Cheltenham, visit //www.meandyouestateagents.co.uk/
Fully Furnished
The property will have all white goods from that category, and pieces of furniture in all rooms. If you strike the right balance between furnishing your property with furniture your tenants need and allowing them the freedom to bring in their own furnishings, then your property falls into the category of part-furnished.
What type of tenants does your property attract?
The type of tenant that you want to attract can have a big impact on whether or not you furnish.
Students
Fully furnishing your home is essential if you live near a university. Quality is more about functionality than aesthetics. Choose furniture that’s affordable, durable, and functional. You should also consider that students expect a desk to be in their bedroom.
Families
Most families prefer unfurnished or partially furnished properties. Families are more likely to have their own furniture, and will want to move that into their new home. We recommend that you delay purchasing any furniture while marketing your property to allow for flexibility.
Professional Sharers and Couples
The furniture needs of these groups are also equally divided. The best advice we can give is to be flexible. You can start with basic furnishings and no furniture, as you can always add white goods if your tenant requests it.
You should remember that many tenants are willing to bring their own cutlery and crockery. Spending money on these smaller items is a waste, especially if you specialise in short-term corporate rentals.
Spending a little more on a property that is aimed at couples or employed sharers will be worth it. Furniture that is attractive, durable and modern will enhance the appearance of your property. You can order furniture from high-street stores or websites, or choose a company that specialises in rental property packages.