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If you are buying property to let then consider students, who, despite their bad press, can be perfect tenants, although aiming for the more affluent end of the market is advisable. Obviously, when directly targeting the student market it is a good idea to choose a town with a large student population. If you are having trouble finding an ideal property, a student lettings company may be able to assist you, as well as helping with contracts, renovations and even finding tenants.

It is worth refurbishing the property initially as this will immediately raise it's value, as well as making it easier to re-mortgage in the future. Basic but sturdy furniture should be provided and the house should be regularly decorated for an easy sale to prospective tenants; also this attracts a more affluent class of student who can pay more rent and look after your property better.


 
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