Discount for unfurnished house rental?

concrete_kid

I'm in the process of looking for a houseshare with 2 other people. The area we are looking is quite studenty so most of the houses are furnished.

However there are also quite a few unfurnished. I was just trying to work how much less we should pay for unfurnished. We are looking to pay about £750 for a 3 bed terrace. We do not have any of our own furniture, so would need to buy the lot (or beg and borrow), which we are happy to do, but would not want to pay as much rent for unfurnished.

So, if two house were identical what would expect the difference in rent to be between unfurnished and finished at that price range?

ognum

In my areas there is little difference in price between furnished and unfurnished it simply is a different market.

many people moving from their own homes want unfurnished or they do not want to use furniture that has been used by many others.

I don't think you will get a house much cheaper but that may be different in your area.

PasturesNew

It's priced for what it is - there won't be a discount, although you can negotiate on the price there's no "rule of thumb" for furnished -v- unfurnished.

Other things to consider:
1] They might not want to rent to 3 sharers
2] Depending on the area and the house layout, it might not be possible for 3 sharers to rent some properties (HMO rules).

thelem

It's generally cheaper and easier to get somewhere furnished, rather than having to pay for your own furniture, and pay to have to removed at the end of the tenancy.

Werdnal

The property will either be advertised as furnished or unfurnished - there is no "discount", the price it is advertised for is the price you pay. If you mean, you are seeing "furnished" properties and wonder if a LL will offer a discount to take his furniture out so you can provide your own, its very unlikley, as LL will have removal and storage costs for his own stuff.

WYSIWYG - if you want unfurnished, look for it in the ads.

concrete_kid

What I'm basically saying is, if there are two identical houses in the same street, one furnished and one not. Would you expect to pay less for unfurnished.

Werdnal

concrete_kid wrote: »

What I'm basically saying is, if there are two identical houses in the same street, one furnished and one not. Would you expect to pay less for unfurnished.

Not necessarily - You can of course ask if there is any movement on the price, as everything is open to negotiation, but rent is normally as advertised.

There are many variables to take into account anyway - the furnished one may be slightly higher rent, but have a brand new energy efficient heating system and good quality double glazing, so the running costs would be less than a cheaper rent unfurnished place with draughty windows and ancient boiler! You need to weigh up each property as a whole package as unless you are planning to rent a new build, you will find there is no such thing as "two identical houses in the same street"!

Kynthia

concrete_kid wrote: »

What I'm basically saying is, if there are two identical houses in the same street, one furnished and one not. Would you expect to pay less for unfurnished.

The unfurnished property may be targeting families for long term letting. The other property may be appealing to first time renters, sharers, short term renters, people coming over to work from abroad, etc. Generally they may be making their property more attractive by targeting those who don't have their own furniture. Or it may be that the owner moved abroad themselves or moved in with a partner and found it easier to leave the furniture rather than pay to dispose of it. This doesn't make furnished properties more expensive. In some cases furnished properties are less attractive as the typical renters for that type of property in that area have their own furniture and don't want furnished. There isn't a rule and the price will be influenced by many things, but not often on whether it's furnished.

kimberlybrown

Really finding some useful information for rental home. My aim to come in this forum is going to achieved because so many people are doing good work here. Thanks

19lottie82

kimberly brown, reported as spam

Annisele

Sometimes it can cost *more* to rent an unfurnished property than a furnished one.

In areas where pretty much everything is offered on a furnished basis, if you want unfurnished then you might end up having to ask a landlord to put a bundle of furniture into storage.