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Targeting Potential Tenants For Buy-To Let

May 18th 2012
By: Melanie
Targeting Potential Tenants For Buy-To Let

For a buy-to-let investment to really work over a long period of time, we would recommend that instead of imagining yourself living in your investment property, that you try to put yourself in the shoes of your target tenant.

Ask yourself some of the obvious questions - who are they? And what do they want? If they are students,  the rental property will need to be easy to clean and comfortable, but not luxurious. If they are young professionals it should be modern and stylish but not overbearing. If it is a family they will have plenty of their own belongings and need a blank canvas. As experienced letting agents, Intercounty have a wealth of knowledge about the areas different types of people want to live in and why.

Most buy-to-let investors look for properties near where they live, however your town may not be in the best investment area. Cast your net wider and look at towns with good commuting links that are popular with families or have a sizeable university. Consider looking further afield if you need to research an area further away the experience of local estate agents can be invaluable in the search for the right property to match your target tenants. 

However if your still confused, why not ask the experts, your local Intercounty, we will be able to help you through every step of the buy-to-let process, from choosing the best letting property, sourcing a buy-to-let mortgage from across the entire mortgage place, to finding the most suitable tenants for your rental property. Just contact your local branch or pop in for a coffee, and we would be delighted to discuss your buy-to-let options.