Why does no one want to rent my flat? Should I admit defeat and use an agent?

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    Why does no one want to rent my flat? Should I admit defeat and use an agent?

    Hello all

    I am currently trying to let out my flat without using an agent, and I have to admit I am having quite a dispiriting time of it! The flat's in inner London, which usually has a pretty fast-paced rental market and even fairly average properties often have a holding deposit put down on them within a few days of going on the market - but not mine

    I have had my place on for over a fortnight now and no one has wanted to take it. It's on Rightmove via an online estate agent, but I have only had one person contact me through that. I've had more luck with people finding it through the Spareroom and Gumtree ads I've put on, and have probably done about twelve viewings -- but no one's bitten. The only bit of feedback I've had is that the interior decoration is a bit shabby (which is fair) so I am now arranging for it to be fully repainted between the tenancies -- but even the promise of that isn't enough.

    In case anyone's interested in checking it out, my Rightmove ad is here - http://www.rightmove.co.uk/property-...-41558999.html

    I know people might suggest that it's simply on at too high a price, but I have checked out the competition and various agents have very similar flats nearby on for notably higher rents:
    http://www.rightmove.co.uk/property-...-38437498.html
    http://www.rightmove.co.uk/property-...-41539301.html
    http://www.rightmove.co.uk/property-...-38564131.html
    http://www.rightmove.co.uk/property-...-19163784.html
    http://www.rightmove.co.uk/property-...-22662122.html

    I have inevitably had several agents phoning me, claiming that they have lots of people on their books who want flats exactly like this one and could easily get me £450 per week or more. Is this likely to be true? Should I admit defeat and use an agent? Or am I doing something wrong in my advertising / getting the wrong people coming on viewings?

    Would hugely appreciate some advice.

    #2
    Its the price mate. (And it looks very scruffy in the pictures.)

    You are asking almost as much for that place as I get for a four bed two bath house in Battersea.

    Comment


      #3
      Originally posted by JohnsonJohnson View Post
      Or am I doing something wrong in my advertising / getting the wrong people coming on viewings?
      Regarding the Rightmove advert - yes to be blunt it doesn't really look great in that the pictures are very poor: those are what people will look for first, and they are not likely to be sufficiently attracted by yours to make it on to their shortlist. Have you taken the photos with the current tenants in situ? First off, the pics are very gloomy and drab, but also, the place looks really cluttered. Your average punter can't see past that, and won't process the fact that the clutter won't be there when they want to move in - and they've alreasy moved on to the next listing. Compare your photos dispassionately with some of the others you've linked to and see the difference (though the last link is similarly affected to yours!)

      As regards why you aren't converting viewings to tenants - that's harder to say without knowing more about the applicants and how you conduct your viewings, etc.

      Do you screen applicants first, or does any Tom Dick or Harry who contacts you get to view the property? Do the people who are viewing appear to be reasonable potential tenants?

      Comment


        #4
        Originally posted by JohnsonJohnson View Post
        ..

        ...

        I have inevitably had several agents phoning me, claiming that they have lots of people on their books who want flats exactly like this one and could easily get me £450 per week or more. ,,,
        Aye, right, they would claim that...

        I agree with the others: Tatty photos etc etc..

        In your shoes I'd wait until current tenants have gone (you don't really know when they will go until they do..regardless of any notice they've given or S21 you've served...) - re-photograph in a professional manner having de-cluttered, redecorated & spruced up (empty rooms look bigger..), re-write the description (my wife is real good at that but no she won't..) and then advertise...
        I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

        Comment


          #5
          When you do get it empty, and hopefully all tidied up, take some stock pictures to use for the next time you need to advertise it.
          I offer no guarantee that anything I say is correct. wysiwyg

          Comment


            #6
            I agree with the other posts. It is very untidy.

            Comment


              #7
              Your ad says that the property will be redecorated before being re-let. This suggests that it is not tip top at the moment, and perhaps prospective tenants prefer to see the property after the work is done before bothering.

              Also it says 'broadband/ADSl' which to me suggests this is included. But the very last line suggests that it will be for the tenant to pay for it.

              Comment


                #8
                Hello,

                Thanks for all the replies -- all very helpful. Unfortunately I had to photograph with current tenants in situ so I couldn't really do anything about the untidiness, but I completely understand that it's not ideal.

                So, current plan based on the advice above: tenants move out, I immediately get it redecorated and take some good photos, and start advertising again in earnest. Does that sound right to you all?

                Originally posted by Ericthelobster View Post
                Do you screen applicants first, or does any Tom Dick or Harry who contacts you get to view the property? Do the people who are viewing appear to be reasonable potential tenants?
                I haven't pre-screened viewers -- a couple of groups of viewers were real deadbeats (e.g. arrived for the viewing over an hour late seeming dazed and confused, demanded I meet them at the nearby tube station, wanted to engage in astonishingly lengthy text message conversations asking about details that were already clearly stated in the advert, etc. etc.) but most seemed like serious potential tenants to whom I'd have been happy to let the flat.

                Comment


                  #9
                  The pictures are very off putting. If I was looking to rent and saw these pictures, I'd probably think that all the tenants were like that (messy - don't give a monkey's) in the block or worse, and that I wouldn't want to live there.

                  Estate agents tell you what you want to hear. Don't trust them.

                  Comment


                    #10
                    Originally posted by JohnsonJohnson View Post
                    Hello,

                    Thanks for all the replies -- all very helpful. Unfortunately I had to photograph with current tenants in situ so I couldn't really do anything about the untidiness, but I completely understand that it's not ideal.

                    So, current plan based on the advice above: tenants move out, I immediately get it redecorated and take some good photos, and start advertising again in earnest. Does that sound right to you all?



                    I haven't pre-screened viewers -- a couple of groups of viewers were real deadbeats (e.g. arrived for the viewing over an hour late seeming dazed and confused, demanded I meet them at the nearby tube station, wanted to engage in astonishingly lengthy text message conversations asking about details that were already clearly stated in the advert, etc. etc.) but most seemed like serious potential tenants to whom I'd have been happy to let the flat.
                    Before you take new photos you might want to check that the kitchen cupboards close and the doors are all square. They look awful at the moment. Also iron the bedlinen.

                    Comment


                      #11
                      I'm having a very similar problem. If I'm told this is thread hijacking, sorry, tell me and I'll go away.

                      My flat is also in central London (zone 2), I advertised via Igloo so it's supposed to be EVERYWHERE plus I myself put it on gumtree and moveflat. It's been on for 1 month now. Only 2 - yes only 2 inquiries via Igloo and they were just inquiries, didn''t even come to view. Only maybe 3 inquiries via gumtree and moveflat. Also a local estate agent is advertising. The photos are good (even if I say so myself). Really, I believe the photos are even better than the flat itself. The price is fair too.

                      Arrg, very frustrated...

                      Comment


                        #12
                        Clutter both in the pictures and the description.

                        The floor plan shows a balcony ? Make more of that in the details after redecorating and taking the pictures.
                        I'm a good tenant with great landlords
                        I'm also a living, breathing, fully cooked female.

                        Comment


                          #13
                          ... also the deposit seems a bit steep?

                          Comment


                            #14
                            First Listed on Rightmove: 18 May 2013 ( 10 hours ago )

                            so its saying listed on rightmove a few minutes before OP post???????

                            Comment


                              #15
                              It looks drab and depressing and you need better photos to counteract the ugly local-authority block the flat's in. Also, picture 2 shows clothes on a rail, suggesting that there isn't any storage.

                              Painting it isn't going to solve its problems, however. You need to do more work on it to make it more homely - somewhere that someone would actually want to live in.

                              Comment

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