Leicester is the country’s hottest location for rental properties right now, but becoming a successful landlord is about more than simply paying for the first buy-to-let property you view. Ensure Rental Success when you make the most of your investment by taking heed of these simple tips.

Maintain a Professional Distance

Your role is to be your tenants’ landlord and not their friend. It can be difficult to maintain this professional relationship, which is why many landlords choose to make use of property management services such as those offered by Keywest. Whilst this will cost you a small percentage of your rental income, this is well worth it to facilitate the smooth running of your property and to prevent you from being called on at midnight to deal with a leaking radiator or broken light switch.

The Perfect Spot

Pick the ideal area for your rental property and you have made a major step towards success. Recent figures show that Leicester is the country’s number one location, and you don’t have to live in this area to make the most of its rental property potential. Keywest can help you find the ideal buy-to-let in the area and then fully manage the property for your convenience, meaning that you can have your own base anywhere in the country – or even the world.

Think Practically

Take expert advice and look at rental properties objectively. It may be vital to have a Jacuzzi bath in your own home, but this is unlikely to be a main priority when it comes to investing in a buy-to-let. Such factors as whether a property has good public transport links and is energy-efficient are more important than whether it has a kitchen island or a pond in the back yard. Understand the area and your market, and seek help from experts in the field such as members of the Keywest team.

Be Realistic

Working with a letting agent can help you to achieve rental success – not least by helping to determine the right price you should demand for the rental of your property. Listen to the advice you are given, and ensure you are realistic about what you hope to achieve. Is it really worth asking for an extra £50 each month when it means that you could end up with a property that lies empty for months because tenants can find similar properties cheaper elsewhere? The team at Keywest will always attempt to make the most of your property’s potential, achieving the best possible income for you whilst ensuring that it is positioned to attract the attention of the tenants you need to make your venture a success.

Call Keywest today on 0116 254 4555 and speak to one of our property experts.