Monday, 26 May 2014

Derbyshire's buy to let Rule four

Rule #4 Condition Is Important

As a lettings agent, we’d prefer landlords to give us well presented properties in worse areas, than badly presented properties in good areas. That’s because nice tenants want nice properties, and as Ilkeston and Eastwood  has very few no go areas, people are more likely to be flexible on where they live, as opposed to what they live in. 

As such you should either buy a nice property, or buy a grubby one and make it nice. Don’t buy a grubby one and expect a tenant to take it as it is. Any tenant that does take it probably won’t be that good a tenant.

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