Student accommodation empty over summer?

Student accommodation empty over summer?

Many student tenants have now departed for the summer to find jobs, internships, or perhaps to travel. Regardless of what they’re now doing, if you have an empty property for the summer then now is the best time to check what needs to be done and to fix any problems before your next tenants move in. Here are some tips to get your student accommodation ready for next term’s intake:

  1.       Do an inspection (with your tradespeople)

While the students should have left the rental property in good condition, there may be some underlying issues that they didn’t notice or didn’t think anything of, such as a loose tile in the roof or a tap that’s a little too leaky. It’s a good idea to get these things fixed before you get new tenants in place as it will be easier to get access to the property and will put your tenants at ease when they move in. For less seasoned landlords, it’s a good idea to take your tradesperson with you for the inspection as they may also pick up on things that you may not know to look for. There are also inspections that need to be done regularly, such as gas and electrical safety checks. Now is a good time to get these done.

  1.      Talk to your neighbours

Keeping your neighbours onside is always a good thing to do. If you don’t already know them, go have a chat. They will likely be key allies, especially if you’re planning on leaving the property vacant for a few months. If they’re staying home for summer, they will be able to keep an eye on the place and let you know if anything happens that looks a bit suspicious.

  1.      If your tenants are just going on holiday but will be returning, here are some things you may wish to ask them to do, if you haven’t already: Turn off and unplug all unnecessary electrical appliances, such as washing machines, tumble dryers, dishwashers, televisions and computers
    • Unplug small devices and chargers, particularly those for mobile phones, laptops, tablets, e-readers and hair straighteners
    • Check that the smoke alarms are all in working order
    • Clear debris such as carrier bags and newspapers from any areas that may prevent appliances from operating, such as the back or sides of a refrigerator.

In short, summer is a good time to get any necessary property maintenance done. That way you can be sure your tenants will be moving in, or coming home, to a safe house. Renting to students is a niche market, but it is a viable option for those willing and able to put in the work to manage the tenancy well. This starts by ensuring the property is in good condition.

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