Preparing a property for new tenants can be hard work. Most small landlords have to do the work themselves as it is not cost effective to pay contractors to do it. The job is not always easy, and if you had the tenants from hell living there for two or three years, a lot of effort will be required to bring a property back up to a reasonable standard.
Is it Necessary to Redecorate Between Tenants?
There is no law that says you have to redecorate a property before re-letting it, but it is common sense to put some effort into making it more attractive. After all, if you let a below par property, don’t be surprised if you end up with tenants of a similar standard. By investing in your property, you are providing value to future tenants. Hopefully this will encourage them to take better care of the place.
Before you begin, make an honest assessment of what needs doing. At the very least you will probably have to give the property a thorough clean. Beyond that, it depends on how much wear and tear there has been during the last tenancy.
Make a list of tasks to be done and the anticipated budget. Some items will be essential, but others might not add any real value and can therefore be ignored for now.
Tackle the Items that Make Financial Sense
Basically you should only tackle the jobs that absolutely have to be addressed. This will depend on the type of property and what sort of tenant you are hoping to attract. Can the carpets...
be cleaned? If so this will be cheaper than buying replacements, but if they are threadbare, it is probably better to replace. Similarly, if white goods are not working, you will have no choice but to replace.
Lastly, give living areas and bedrooms a coat of paint and remember to do the skirting boards and architraves. Newly painted rooms always look 100% better and this is definitely money well spent.
Try and focus on making your property clean and safe for the next tenants; there is no point in spending more than you need to. You also need to get the work done as quickly as possible as time is money.
By Amer SiddiqLandlordZONE® Forums