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Newbie here folks....go gentle LOL

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Author Topic: Newbie here folks....go gentle LOL  (Read 115 times)
Posts: 1

I like property

« on: June 24, 2021, 03:29:42 PM »

I have house in the UK which i can now rent out.
Its fully furnished, not to shabby furniture either.

I want to rent it out for a period of 5 years (then i have to sell)

Is it best to rent

I live abroad, and will want to come back in 4 years to make arrangements to sell it, so im going to need somewhere to live
If i have to rent UNFURNISHED and i come back in 4 years time i wont have no furniture to live from

ANY advice would be appreciated, as ive never rented out a house before
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« Reply #1 on: June 24, 2021, 03:41:20 PM »

Let it unfurnished.

Furnished is niche, in my opinion. No-one ever appreciates the Landlord's old tat being left behind. After 5 years you won't want it anyway after so many Tenants have been having sex on it and spilling takeaways down in the gaps... puke stains, make-up accidents, beer splashes while watching football games and whatever else goes on in life.

Furnished requires a much more detailed Inventory and Schedule of Condition. The rental premium is negligible (read: next to zero). And if things break then you'll be on the hook (or at least having an argument about...) for replacing it. It is an easy decision. Aren't you glad your way forward is clear?
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« Reply #2 on: June 24, 2021, 04:35:11 PM »

Yes I agree unfurnished. In my experience with a house let you tend to get better tenants unfurnished (not the case with flats or smaller places). And won’t be much difference in rental value., less admin and much less hassle for you (less stuff needing repair/replacement).
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« Reply #3 on: June 24, 2021, 04:59:30 PM »

Agree,unfurnished. If people have bought stuff they like,and got the house how they want it,they are more likely to settle in for a nice long tenancy.If anything breaks or gets damaged,it's not your problem.
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« Reply #4 on: June 27, 2021, 05:45:43 PM »

Depends on where the property is.  I live in London and most people expect a furnished property.  However, if you're looking for a 5 year let I would advise unfurnished is probably better.
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