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Love London: Tips for letting property in Chelsea

Chelsea letting tips

The lettings market in Chelsea is fiercely competitive with tenants often viewing 15 to 20 properties before making a decision, so it’s vital to know how to make your property stand out from the crowd. Here are five top tips for letting a property in Chelsea.

1. The best properties in Chelsea always let first. Tired flats and houses will not cut it when there is a multitude of other better quality properties on offer, so make sure your property is presented at its best. And remember that expectations are high and first impressions count.

2. Research the market, compare your property with others, and take advice from your agent on the price you can realistically achieve. Your property should be attractive and well-priced compared with its competitors so that it stands out in the minds of prospective tenants when they are viewing. If you’re hoping to achieve a record price over the market rate, the condition needs to be exceptional.

3. Try to be flexible on furnishing so that you don't exclude any prospective tenants – some will want furniture, some won't. Consider carefully how you furnish and decorate: best advice is to steer away from top-to-toe neutral and bland – a splash of colour makes a property feel loved. After all, it will be someone’s home.

4. While location is important, how a property looks is invariably the top priority. Tenants want to rent the lifestyle as much as anything else, and well-dressed properties always let more quickly and often at a premium over 10 per cent above the price it would achieve if empty. Make sure you maintain the property throughout the tenancy and upgrade, where necessary, to keep it in good order.

5. Chelsea has many period properties to let that boast high ceilings, sash windows and in many cases, large French windows that overlook pretty garden squares. To make the most of these features, avoid heavy curtains or anything that restricts the light or views. Neutral modern curtains often work best, but shutters or roman blinds are more popular for standard sash windows.

Further information

For more information on letting your property see Landlords Step-by-Step Guide

Contact the Savills Chelsea office for more details

 

 

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