What do HMO Tenants Want? How to Make Your Property Stand Out 

HMO properties in Liverpool are becoming more popular among young  professionals who are looking for affordable housing in high-demand areas like Liverpool. However, with more landlords opting for this type of investment,  knowing how to market your HMO property is key to your success.  

No wonder that you may be asking “what do HMO tenants want?” because  making sure your property stands out from competitors is crucial. Especially  when it comes to attracting great tenants and maximizing your revenue. 

But how can you improve the appeal of your HMO? 

The answer lies in understanding what your HMO tenants want. If you can  ensure your property offers prospective tenants exactly what they’re looking  for, you’ll have the advantage over rival HMO landlords in Liverpool.

What do HMO tenants want?  

That’s a question that we can answer!

1 – Spacious Rooms 

One of the most important things HMO tenants look for is space. Nobody  wants to live in crowded conditions. Double bedrooms will always be more  popular than single bedrooms, and the bonus for you is that you can charge a  higher rent.  

Remember that, even though you’re likely to be renting your rooms fully  furnished, your tenants will bring belongings of their own, and they will need  storage. Consider investing in smart storage solutions for your tenants’  convenience.

2 – Private Ensuites 

Sharing a bathroom can cause issues for HMO tenants, especially when living  with strangers. Most of us value our privacy, so it makes sense that HMO rooms  with an ensuite will always be more popular with prospective tenants.  

Private bathrooms let your tenants feel more comfortable and can also  eliminate some of the common problems associated with communal living.  Nobody will get frustrated having to wait to use the shower or become irritated  if housemates’ cleanliness standards differ from their own. Happy tenants are  likely to stay for longer, so this investment can increase your profits in the long  term.

3 – Outdoor Spaces 

Many HMOs are in city centres where outdoor spaces are at a premium. So,  having an outside area for tenants to enjoy can make your HMO property stand  out. Investing in a property with a garden or even just a small courtyard can  pay dividends, since prospective residents will appreciate having somewhere to  sit and relax on warm days.  

Consider putting some effort into planning your HMO’s outdoor space with  suitable lighting, seating, and a barbecue area. Make the space as visually  appealing as possible with evergreen shrubs or faux potted plants and your  property will become instantly more attractive.

4 – Attractive And Modern Interiors 

Don’t underestimate the importance of homeliness when attracting tenants to  your HMO in Liverpool. Remember that prospective tenants will get their first  impression of your property from online images. Immediately they’ll get an  idea of whether it’s somewhere they would like to live. Enhance the visual appeal of your interior spaces by adding cozy touches like rugs, throws,  cushions, and artwork, and you’ll see more enquiries come in.

5 – Technological Options 

We are increasingly moving towards the smart home concept, so by investing  in the latest technology, you will attract more young professionals who demand  all modern conveniences. Offering a streaming service like Netflix as standard  within their monthly rent, installing USB ports in rooms, and supplying a Wi-Fi  booster to each tenant will bring the property up to date and increase its  appeal. 

Reliable HMO Property Management in Liverpool

While making these changes can make an enormous difference to the appeal of  your HMO property in Liverpool, don’t overlook the importance of reliable HMO  property management when setting your property apart from others.  

Tenants want to have confidence that any issues they experience will be  addressed immediately and that their home will be well managed and  maintained. Using a trusted property management company in Liverpool that  specializes in HMOs, like Portus Lets Ltd will give you and your tenants  peace of mind that everything is in safe hands. To find out more about our HMO property management services, get in touch with our team today. You  can reach us on 0151 329 3538 or email us at hello@portuslets.co.uk.