Letting out property in a competitive market like Leamington Spa means making every penny count. Whether you’re a first-time landlord or managing a portfolio, small improvements and smart decisions can have a big impact on your returns.
At Martin & Co Leamington Spa, we help local landlords get the most from their investments. Here’s our expert advice on boosting your rental income – without cutting corners.
1. Review your rent annually
Rents in Leamington Spa have been rising steadily, especially in high-demand areas close to the town centre, university, and key employers. If you haven’t reviewed your rent in the last 12 months, you could be leaving money on the table. A quick chat with your letting agent can help you compare similar properties and adjust accordingly.
2. Present your property professionally
Tenants make fast decisions, often based on online listings. Investing in high-quality photos and a clean, well-presented property can help you let it quicker and reduce void periods. At Martin & Co, we provide professional photography and advice on presentation to show your property in its best light.
3. Consider furnishing strategically
In Leamington Spa’s student and professional markets, furnished properties often let quicker and command higher rents. You don’t need designer pieces – just clean, durable, and modern furnishings. Think about what your ideal tenant would expect and furnish accordingly.
4. Offer broadband-ready setups
More tenants are working from home and expect fast, reliable internet. Properties that are broadband-ready or offer included Wi-Fi can stand out, especially to young professionals. It’s a small investment that can add real appeal.
5. Allow pets (within reason)
Pet-friendly properties are increasingly popular and can open up your rental to a wider pool of tenants. With clear agreements and deposits in place, you can manage the risks and potentially increase rent for the right applicant.
6. Upgrade where it counts
You don’t need a full renovation to boost rental income. Simple upgrades like fresh paint, modern lighting, updated flooring or a new bathroom suite can make your property more attractive — and justify a higher rent. Prioritise the areas tenants care about most: kitchens, bathrooms, and energy efficiency.
7. Keep up with compliance
Staying compliant isn’t just about avoiding fines – it helps you avoid costly voids and attracts long-term tenants. Make sure your EPC is up to date, smoke alarms are fitted correctly, and all certificates are valid. Our managed service ensures every legal requirement is handled for you.
8. Consider short-term lets
If your property is located near Leamington Spa Station or the university, short-term or serviced lets might generate higher income than traditional rentals – especially during term breaks or event seasons. It does involve more management, but the returns can be worth it.
9. Reduce void periods
Every week your property is empty is lost income. Proactive marketing, quick turnaround between tenancies, and pricing competitively are key. We work with landlords to minimise voids and secure long-term tenants wherever possible.
10. Work with a local expert
No one knows the local rental market better than a high-street agent who’s in it every day. At Martin & Co Leamington Spa, we combine market knowledge with hands-on support. From valuations to maintenance, we’re here to help you maximise your returns and protect your investment.
Final thoughts
Boosting your rental income in Leamington Spa doesn’t have to mean major expenses. A few smart adjustments, regular reviews, and the right support can make all the difference.
Ready to review your property’s performance? Book your free rental valuation with Martin & Co today.
