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Pros and Cons of Furnished and Unfurnished Apartments in Edinburgh

By Adrian_Morrison Subscribe to RSS | February 25th 2012 | Views:
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Are you confused between getting your apartment furnished or unfurnished? If you have queries in this regard then you are reading the right article. The purpose to outline the pros and cons of a furnished apartment for landlords who intend to rent out their property.

There is no hard and fast rule to furnish an apartment. Getting your apartment furnished requires a lot of expenditure. You can either get the necessary furniture or provide everything, from furniture to kitchen tools. Alternatively you also have the option to rent it out with floorboards and bare walls. However, this will make a difference on the kind of tenant that comes to you and also the level of rent.

Pros of a furnished property

Furnished property is hugely in demand in Edinburgh and there are several reasons for this. Mainly, the tenants do not have to go through the hassle of buying furniture, which is costly, time consuming and requires constant maintenance. Also, there are high chances that you might rent out your property easily and have a number of potential tenants to choose from. Researches indicate that most of the tenants prefer furnished lettings. Moreover, buying furniture is a long term investment. The tenant will be leaving it behind and it will be available for future tenants and hence the benefits of it.

If you are worried that tenants might damage the items then you should be aware that you can legally deduct the cost of damage and repair from the deposit.

Mostly, landlords with furnished properties tend to get 5-10% more rent then unfurnished properties.

Pros of an unfurnished property

Probably one of the biggest advantages of renting out an unfurnished property is that tenant who has invested so much in the furniture will stay for long. Moving out will be expensive and complex for him. Another big plus point is that the landlord is not responsible for insuring tenants furniture. The tenant will also not complain again and again for repairs and maintenance.

Pros of a partly furnished property

This is the most flexible option and according to many letting agents most of the tenants are looking for this. Having a partly furnished flat/apartment means that the place looks functional and lived in but at the same time it should not be cluttered.

Mostly landlords with spacious apartments keep them unfurnished as there are high chances that they are rented out by families who have their own furniture.

Adrian_Morrison - About Author:
Adrian Morrison is a marketing officer for Greenlet, property lettings website in Edinburgh. If you want more information on rent flat in edinburgh, please visit edinburgh apartments.

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