Décor for rental properties

Renting out an apartment is a great way to ease the bond burden, particularly in these tough economic times.

But choosing exactly how to decorate the apartment is critical. Bad judgement in the decorating scheme could easily have prospective tenants heading for the door, says Caroline Coates, marketing manager of the R420 million Upper Eastside, a mixed-use development in Woodstock.

“Of the 225 apartments in Upper Eastside, 75% were sold to investors who intended letting them. In addition to factors like a convenient location, security, parking and great amenities, a well-decorated and maintained property is more likely to attract tenants and ensure regular rentals.”

Tenants generally look for a space that is clean, functional and modern. The flooring and paint needs to be durable and easy to clean. Use wood, tiles, laminate or vinyl for flooring and high-quality acrylic paint for walls and ceilings. Plain and simple colours are easy to re-fill touch-up.”

Coates suggests setting a budget and a timeframe. Consider whether it will be cheaper to do some of the work yourself or more cost effective and less stressful to employ a contractor. When deciding on a style, it’s important to think practically rather than personally. Aim to create a blank canvas where tenants can imagine their belongings.

Though furnishing your rental property is not essential – unless it’s for short-term or holiday rentals – Coates believes doing so could increase your rental income.

“Supplying a stove, a washing machine and a fridge makes the space more attractive to many tenants. Look for functional, hard-wearing items that would suit different needs, for example, a dining room table that could be used for entertaining by a young professional, as well as a desk for someone working from home.

“First impressions count so don’t forget about the exterior of the property. Maintain paint-work, windows and lighting. Rather than relying on the tenant or a service to care for your garden, choose low-maintenance options such as succulents in pots, stones and paving.”

Top five decor tips for buy-to-rent investors:

  • Compile an inventory to help you keep track of the condition of your property and its contents.
  • Paint is easier to maintain than wallpaper.
  • Take expert advice on which paint to use – kitchens and bathrooms need mould and water resistant paint.
  • Make a note of the name and brand of paint for touch-ups.
  • Patterned carpets hide stains.