Outdoor spaces are the priority for tenants

Outdoor spaces are one of the most important aspects of any property. The gardens, balconies, and terraces or any other outdoor space, attract the attention of its inhabitants and visitors. Besides, they add economic and aesthetic value to the properties, making outdoor spaces a wonderful investment.

Currently, most tenants in the UK value outdoor spaces positively. This trend has been steadily increasing, and now it is one of the tenants’ priorities. But what is the cause of this trend among tenants? We will explain it to you in this article.

Luxurious outdoors

According to a recent study, most tenants in the UK give priority to outdoor spaces before renting a property. More than 40% of tenants look for a garden or balcony or a terrace. While only a little more than 10% of tenants would prefer to have a community space.

Also, the parking lots and luxurious interiors are a demand for the tenants, but not as important as the exterior spaces. However, internet services and energy efficiency remain in the last place. The priorities of most tenants in the UK are related to luxuries and the aesthetic aspect of the property.

Ryan Hughes, head of sales at Yieldit, said: “Price and location are still the most important factors for tenants. However, special features are becoming increasingly requested by tenants.”

“Over time, the quality of rental properties increases, it is clear that tenants will become more demanding and their list of priorities will change dramatically.”

“A few years ago, tenants did not give such importance to things like internet, smart technology, gyms, and luxurious gardens. But times change, and today it is normal to see that the owners want to meet the tenants’ demands.”

“I recommend any owner who wants to maximize their profits study the market and meet those new needs of tenants. Luxuries are no longer a problem and they are willing to pay for their comfort.”

Yieldit specialises in the sale of income-generating buy-to-let property between investors.

Outdoor spaces require special care

The gardens and balconies require special attention and quality care to keep them in perfect condition.

For example, balconies may have structural failures that seriously compromise their physical integrity, or worse, cause irreversible damage to the structure of the property.

The gardens need to be taken care of by a professional, or else, they run the risk of being a waste of space and money. Not to mention that they can also become the ideal space for the proliferation of rats, insects and other pests.

If you are thinking of renting a property with outdoor spaces, we recommend you request a property survey. Thanks to this you can rule out any possible structural, construction, floor or roof problem.

HICH LTD is the market-leading company in the area of ​​property surveys. Our specialists are prepared to advise you and give you the right solution to your needs.

Remember that your well-being and that of your property is our priority!