If you are a landlord, you know that you have a lot of big issues to consider. Given the sums of money involved and the importance of the service you provide, there is a need to think about “big picture” stuff. However, there will be times when the little things really matter and you will not be the first, nor the last, landlord to wake up in a cold sweat wondering what colour of walls should your rental property have.
This may not seem like an important issue but when it comes to attracting tenants and making the best possible impression, it is vital that you offer a stylish and appealing house. Redecorating the property and creating a fresh look is a smart idea but once you decide to redecorate, you need to focus on how you will redecorate and what colour you will paint the walls of your rental property.
Don’t decorate to your own tastes or preferences
The first thing you need to remember is that you aren’t decorating the house for yourself or to your own tastes. If you’re a Coventry landlord who supports Coventry City, you may be drawn to sky blue or a combination of sky blue and white, but is this going to be the colour scheme that will appeal to your tenants? It may not, and it may put potential tenants off.
Don’t forget that the vast majority of tenants accept that they won’t get to redecorate the rental property. Therefore, you need to make sure that you choose a colour or colour scheme that appeals to as many people as possible. Failing that, you need to ensure you choose a colour scheme that doesn’t make people look away in horror or disgust.
Therefore, you are best choosing a neutral colour scheme when decorating your rental property. Magnolia isn’t going to win any prizes for being interesting, but it is suitable for all rooms and it isn’t going to offend or annoy anyone.
The fact that magnolia, or any shade of white or vanilla, is suitable for any room is a great starting point. Buying in bulk can save money so why not buy enough of one single colour to decorate your entire home? This creates consistency, it ensures that people don’t dislike your choice of colours and you can lower the cost of decorating without compromising on quality. These are outcomes that landlords can benefit from, so it makes sense to at least consider this approach when you decorate property.
Opt for paint that can be cleaned
Another aspect you should consider is choosing a durable paint that can be washed or cleaned. You may think buying cheap thin paint allows you to save money but this can look poor and it can cost you more in maintenance costs in the long run. Washable paint is slightly more expensive but it will ensure you have to carry out less maintenance work and if you let to a family, they will appreciate the chance to minimise the disruption their children can cause.
You may not think that the colour of your walls is an important issue but in a competitive market, this may make all the difference. It is vital you choose a neutral colour that doesn’t annoy people. If you have the money, it is worth investing in a higher quality of paint, as this offers greater quality and will save you money in the long-term.
If you are a Coventry landlord who needs assistance in thinking about “big picture” decisions, contact Studentcircle Letting and we will be more than happy to assist you.