Lettings: How to Maximise Your Property to Let

As a buy-to-let landlord, you have made a significant investment in a highly valuable asset, so it makes sense to maximise your rental income and make a profit. Here are our top tips to help you achieve your goals.
Expand your market
The key to any investment is understanding your market and potential demographic. When it comes to buy-to-let, you’ll need to gain a keen understanding of who your potential tenants are and how to reach them. This could mean investing in marketing (including professional photos), determining a correct rental price with the help of an agent, and being readily available to receive calls and emails.
Keep the property updated and fresh

Improvements do not need to be elaborate or expensive to attract higher-paying tenants. A well-presented home that has clearly been kept clean and maintained well is endlessly more attractive to prospective tenants than the opposite. Consider how you can up the appeal with interior design, for example, neutral and simple colours are fairly commonplace in rented properties due to it being cheap. Set your property apart from the rest with bold or warm colours and increase the home’s implied value.
Maximising income
To maximise your rental income, you will need to stay competitive by regularly checking rent prices for similar listings in the area. Rent can increase due to rising demand for the local area, so keep watch and make sure you aren’t undercharging for your property.
Minimising damage
Damage to your property will harm your return on investment and is likely to deter higher-paying tenants. Routine check-ups on your property, thorough research into prospective tenants and their rental histories, and clear agreements on maintenance requirements will all help safeguard your property’s condition.
Renovations

Investing in renovations such as an up-to-date kitchen, adding an extension or fixing structural issues is the best way to add value to your property. Many renters are willing to pay extra for better facilities including kitchens and bathrooms with plenty of storage and modern design will be a big draw.
Managing your finances
To maximise your return, you must ensure that your financial foundations are sturdy in case of any unexpected outgoings such as repairing damages. Work out your typical monthly yields and balance this against regular outgoings such as mortgage payments, to make sure you can sufficiently manage your investment. It is also important to have an overflow in your fund as a safety net in case the property becomes vacant for a period of time.
Contact us
Are you looking for a buy-to-let property? Contact your local Guild Member today for expert advice and guidance.

Financial Services

Contact a specialist from Aston & Co Financial Services for help with finding the right mortgage.

Read What Our
Customers Say

Jodie Skinner

From the beginning, our experience with Michael and Rhys has been brilliant. Whenever we had a question to ask or needed some additional information, they were both just a phone call away and were always happy to provide us with an answer. As first time buyers, they made us feel ...

Sue Smith

We can’t fault Aston and co in Syston, for their handling of the sale of our property. We were kept up to date weekly and nothing was too much trouble. Both Micheal and Rhys were approachable and very professional. I would definitely recommend using them for an efficient and hassle ...

Andy

Having had issues with other agents, we came to Astons who gave us an honest appraisal of our house – not overpricing it like others to gain business. Michael and Rhys are a great partnership and Rhys being local was able to provide viewers with information that other agents hadn’t. ...

Andy Freer

Recently sold our house with Aston & Co. We honestly could not have asked for more. From the moment Michael came to value the house, to the day to day communication from Rhys we have not had to chase them once. Michael and Rhys are a great partnership and a ...

V Pears

We chose Aston & Co in Syston to handle the sale of our property. We were kept up to date regularly and Michael and Rhys dealt with all matters efficiently and quickly.We would definitely recommend using them for an efficient and hassle-free move.

Gareth Mueller

We bought a house from a vendor who used Astons & Co as their agent. Rhys was helpful and professional from start to finish and regularly kept us in the loop with how things were progressing. Communication was efficient and swift all the way through.

Julie Pearson

From the first visit to value our property to the final phone call informing us of completion Rhys and Michael at the Syston office have been brilliant, down to earth, realistic with valuation very easy to get in touch with.Making everything less stressful.Regular updates were very reassuring . I would ...

Charlotte Hings

The team at Astons are great. They’re really down to earth, take time to listen and help resolve anything they can for you.Their communication is excellent as they always keep you in the loop with what is happening with your sale. They keep both seller and purchaser happy.Fees are reasonable ...

Julie Perkins

We have recently used Aston & Co to sell our property. At all times we received regular reports from them on interest and following viewings . When our property sold Astons managed the chain keeping all parties fully informed and I believe that without their input our sale would have ...

Tina Poole

Michael and Rhys handled both our sale and purchases. They had good local knowledge, their valuation turned out to be on point. Our sale viewings were nearly all on the same day and we accepted an offer very quickly. We were kept up to date regularly with that and our ...

How Much is Your Property Worth?

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation.