We are passionate about pairing our landlords with the right tenants. Leeds is a vibrant city with many young people, if you’re a Landlord, here is why you should consider your property as a professional let in Leeds.
Leeds is a University city, with Leeds Beckett and University of Leeds. Once young people have finished their studies they are going into the professional environment, and there is often a huge influx of singles, couples, and small groups, looking to let properties. It is a great market to target if you are a Landlord, so here are some tips on how to attract the young professional market to your rental.
Location
With many young professionals working in the city centre, commuting via public transport is really important. If your property is in a great location which has transport links, it will be very desirable to this target market.
Often amenities such as parking and supermarkets are less important, so we suggest focusing on the time it takes to get into the city centre. Also, unlike with student housing, young professionals often are quite happy to be based within quiet residential areas such as Headingley in Leeds.
Home priorities
Without generalising, it is often the case for young professionals in Leeds, that the priorities of their property rental are very different to students, and the older generation. There’s not as much need for a garden for the kids to play in or a dining room, and unlike with students, often the house is used as a base to relax after work, rather than for entertaining. Instead, priorities for those who are career-focused are more based on at home relaxation and functionality such as high-speed internet, and space for a home office.
Focusing on these factors will be far more desirable to this demographic, which will go a long way towards getting your desired tenants.
Renting a room.
If you’re looking to rent a multi-room property and struggling to find tenants, tapping the young professionals market might be an excellent way to separate a property into rented rooms, with communal areas such as kitchens, bathrooms and living rooms. Many are willing to rent near excellent transport links while they further their career, and don’t mind sharing with like-minded individuals.
If you’re considering letting to young professionals, take a look a our Professional Lets for Landlords page https://sbliving.co.uk/landlords/professional-lets-for-landlords/
