Long term rental?

anaspiringhobbit

Wondered what you’d all make of this, as it’s not something I’ve come across before - unfurnished/no white goods flat available, being advertised for ‘long term lease’ of 3 years, to be paid quarterly and inclusive of rates. Price is low for the current climate, though there’s no internal photos, and it’s electric heating (no mention of gas in the property), so it could be a hole.

In 6 years of keeping an eye on the local property & rental market, I’ve never seen anything advertised for a rental contract renewal longer than 12 months at a time, and always to be paid monthly.

Bit suspicious, or considered perfectly normal where you are?

user1977

"Rates" = Northern Ireland?

Might make a difference to responses.

RAS

Where do you live, as people in England and Wales pay Council Tax and that has to be paid by the occupier except in very few situations.

canaldumidi

Which country? N Ireland?

It's unusual, but for a landlord wanting long term security of a steady rent, with no tenants coming/going and no voids +minimal maintenance, it makes sense.

Equally, for the tenant it offers long term security.

If that's what you want, go and view, and ask questions.

Inclusive rates is unusual too, though maybe not in N Ireland?

anaspiringhobbit

Apologies, yes it’s N.Ireland, and rates tend to be inclusive here - it’s a rare advert which lists the monthly rent and then sneakily adds ‘plus £x rates’.