As a Landlord, you are under no legal obligation to provide any furniture in your property, and the decision to either furnish your rental property or not, is entirely in your hands - with no definitive answer. There are of course advantages and disadvantages to both options. Hit it right, and tenants will pay you more for your property furnished, play it wrong - and you can put off prospective renters who do not want the hassle of putting their own furniture into storage.
Of course, a massive part of the decision to either furnish the property or not depends where the property is and what type of property you are renting out. If you are renting a flat in a city, aimed at young professionals, it may be wise to furnish the property fully, making it easier for the young professional to simply move in. If however, you own a family property in the suburbs, it’s likely that a young family will already have their own furniture to move in with.
If you do choose to furnish your property before any tenants move in, choose neutral styles of furniture - which combine value, with quality. The trick here is to keep furniture neutral, making it acceptable for all tastes and styles - if you choose what furniture you would choose for your own home, you risk putting off potential tenants, as well as spending much more than you need to.
It’s always difficult knowing how much to invest in furniture and home decor, when you are a tenant on a relatively short term lease of a property. On the one hand, you want to live with high quality furniture and fittings you like, whilst on the other hand - it does not make sense to invest in expensive furniture, until you own your own home - and know exactly which style of furniture fits, in the styles that you want.
Instead, as a tenant - look for high quality, yet great value furniture which meets your needs - whilst looking great, without breaking the bank.
Below, we run through some furniture staples which both landlords and tenants should consider when first furnishing their property.
Below, we run through some of the furniture staples you should buy initially, to provide enough furniture to make the property function well.
In the below list, we look at some furniture choices which are desirable to purchase.
At Laura James, we design and manufacture an excellent range of furniture, the range has been designed to cover everything from beds and sofas, to dining tables and outdoor rattan garden furniture. All of this furniture has been designed to excellent standards, whilst being incredibly affordable - making it the perfect match for those looking for designer furniture on a budget, you can view the full range of furniture - here: