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Renting a house out for the first time - any tips?

Hello everyone,

In the next few months I will hopefully be renting a property out for the first time. Being completely new to this I need all the help and advice I can get!

I am in the process of getting quotes for it to be painted... new flooring etc and to have a new bathroom suite. I have been advised to replace the existing bath with a shower, and also to remove the gas fire and replace it with a radiator in the room to save servicing.

Could I replace it with an electric fire instead or are there regulations for that?

Thank you for reading x
«1

Comments

  • I_have_spoken
    I_have_spoken Posts: 5,051 Forumite
    Join a LL association, the subs are tax deductible.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    No one goes on an educational course called 'tips.'

    You need knowledge.

    The best place to start acquiring it is probably here:

    http://www.landlordzone.co.uk/

    but you could also read this forum for a non-risk, vicarious view of scrapes some people get into on both sides of renting. :)
  • smiler247
    smiler247 Posts: 84 Forumite
    Thank you for your replies.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Read

    [FONT=&quot]New Landlords[/FONT][FONT=&quot] (information for new or prospective landlords)[/FONT]

    [FONT=&quot]Letting Agents [/FONT][FONT=&quot](Tips for selecting, and tips for sacking them)[/FONT]
  • hazyjo
    hazyjo Posts: 15,476 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    smiler247 wrote: »
    I have been advised to replace the existing bath with a shower.

    In a house? Who advised you that? Bath is better if looking to rent to family with young kids. My OH and I (without kids) would not buy a house with just a shower (unless we were prepared to put a bath in) - would possibly put up with it in a rental for a short term, but not in a long term rental. Lots of discussions on here if you search for 'bath shower house' (or something similar). I'd keep the bath and add a shower to wall over bath (if no room for cubicle).

    Jx
    2024 wins: *must start comping again!*
  • Annie1960
    Annie1960 Posts: 3,009 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Tip no 1: learn the difference between renting and letting.
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    1. Get the electrical circuits, gas system, and chimneys checked/serviced/swept in ample time, so that you can deal with any problems that emerge. Don't decorate until after.

    2. Aim to undercharge a little on rent so that you can select the tenants rather than them select you.
    Free the dunston one next time too.
  • hollydays
    hollydays Posts: 19,812 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Design your bathroom as low maintenance as possible, disagree about the bath.
    As regards the radiator/ gas fire, is it warm enough to not need a fire occasionally.
  • hazyjo
    hazyjo Posts: 15,476 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    hollydays wrote: »
    disagree about the bath.

    With OP or me? ie replace with a shower or keep the bath?

    Jx
    2024 wins: *must start comping again!*
  • hollydays
    hollydays Posts: 19,812 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Keep a bath
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