Top Five Tenant Must Haves revealed by investment platform
A property investment group has released its latest research on the top five most searched for property features that UK renters look for.
Redmayne Smith says these were firstly Parking; secondly Fully Furnished accommodation; thirdly a Balcony; fourthly Proximity to a Good School; and finally Bills included.
Rental flats with parking included came out as the number one priority for prospective tenants in the UK, with searches in the past month alone rising by 214 per cent, claims the group.
Gordon Dutfield, chief executive at Redmayne Smith, comments: “As the UK’s housing market continues to grapple with soaring mortgage rates and a challenging financial climate, an increasing number of aspiring homeowners are turning to rental properties, seeking attractive alternatives to achieve their housing dreams.
“By understanding what renters are prioritising, and sharing this insight, we can identify properties that offer the best opportunity for long-term growth and profitability, to help our clients achieve their investment goals.”