Islington is a popular choice for students in London due to its vibrant atmosphere, excellent transport links, and proximity to several major universities. For landlords, preparing a property for the student lettings market requires a careful approach to ensure it meets the specific needs of student tenants. With the right preparation, landlords can attract reliable student tenants and maximise rental yields.
Here are key steps to prepare a property for the student lettings market in Islington suggested by best letting agents in Islington.
1. Understand the Needs of Student Tenants
Students have distinct preferences and needs when it comes to rental properties. They often look for affordability, convenience, safety, and a comfortable living environment conducive to studying and socialising.
a. Prioritise Proximity to Universities and Transport Links
Most students want to be within easy reach of their university or college. Islington’s transport connections make it an ideal location, but it’s essential to highlight these in your property listing.
• Tip: Emphasise proximity to major universities like City, University of London and London Metropolitan University as well as transport links like Angel and Highbury & Islington stations.
b. Offer Affordability and Flexibility
Students typically operate on tight budgets. Consider the price point of comparable student properties in Islington and aim to offer competitive rates. Additionally, offering flexible lease terms, such as a 10-month lease to align with the academic year, can be attractive to students.
• Tip: Include bills in the rent to simplify budgeting for students and make the property more appealing.
2. Furnish the Property Appropriately
Students generally expect fully furnished properties that provide all essential items. Unlike other tenants, students may not have their own furniture, so providing a well-furnished home is essential.
a. Provide Essential Furniture and Appliances
A standard student rental property should include beds, wardrobes, desks with chairs, and basic living room furniture. For the kitchen, essential appliances like a fridge-freezer, oven, microwave, and washing machine are expected.
• Tip: Consider the durability and quality of furniture. Optfor easy-to-clean materials and avoid high-maintenance items. Provide a study desk and chair in each bedroom to create a dedicated workspace for students.
b. Invest in Communal Areas
Communal areas are a key selling point for student properties, as they provide spaces for socialising and studying. Ensure the living room has adequate seating and is a welcoming environment.
• Tip: Include a dining table or additional seating in the kitchen if space allows. This can encourage social interaction among tenants and add to the appeal of the property.
3. Ensure Safety and Security Measures are in Place
Safety is a primary concern for students and their families. Properties that offer robust security measures and adhere to all legal safety requirements are more likely to attract responsible tenants.
a. Install Secure Locks and Alarms
Make sure all doors and windows have secure locks. Installing a burglar alarm can further reassure tenants about their safety, which is particularly important in student rentals.
• Tip: Consider installing a video doorbell or CCTV at the main entrance to add an extra layer of security and deter potential intruders.
b. Meet Legal Safety Standards
As a landlord, you must adhere to all legal safety standards, including gas safety checks, electrical safety certificates, and fire safety regulations. Installing smoke alarms in all key areas and a carbon monoxide detector is essential.
• Tip: Create a safety checklist and conduct an annual review to ensure compliance with all regulations. This will not only protect your tenants but also safeguard you against legal liabilities.
4. Provide Reliable Wi-Fi and Utilities
For students, a reliable internet connection is a necessity. Many rely on high-speed internet for their studies, online classes, and socialising, so investing in a good connection can make your property stand out.
a. Install High-Speed Internet
Offer high-speed broadband and ensure it’s reliable throughout the property. If the property has multiple floors or large rooms, consider using Wi-Fi boosters to extend the range.
• Tip: Include the cost of Wi-Fi in the rent to make it easier for students to manage their budget.
b. Simplify Utility Management
Students often prefer inclusive rental packages where utility bills are covered in the rent. This arrangement allows them to avoid unexpected expenses and simplifies budgeting.
• Tip: Include electricity, gas, water, and internet in the rental price. If possible, use smart meters to monitor energy usage and keep track of costs.
5. Make the Property Move-In Ready
Students appreciate properties that are ready for immediate occupation. Consider the small touches that make moving in easier, such as providing kitchen essentials and a clean, tidy environment.
a. Clean and Refresh the Property
Before letting, conduct a deep clean of the entire property. Ensure the bathroom, kitchen, and communal areas are spotless. A clean property sets a positive tone and shows that you’re a responsible landlord.
• Tip: Hire a professional cleaning service to give the property a thorough clean between tenancies, focusing on areas that students may overlook.
b. Provide a Welcome Pack
A small welcome pack with essentials like cleaning supplies, instructions for using appliances, and contact details for maintenance can make a big difference in students’ first impression of the property.
• Tip: Include information about local amenities, transport links, and emergency contacts to help students settle in quickly.
Final Thoughts
Preparing a property for the student lettings market in Islington requires careful consideration of the needs and preferences of student tenants. By focusing on affordability, safety, durability, and convenience, landlords can create an attractive and practical living environment that appeals to students.
Brook Taube 
Mehar Mozan