Furnished vs. Unfurnished Rental Properties: Key Pros for Landlords bizjournal.co.uk

Landlords face a key decision when letting out residential rental properties—should they offer them furnished or unfurnished? Each option offers distinct benefits, affecting tenant appeal and rental income.

Furnished properties attract short-term renters, such as professionals or students, who prefer convenience. These rentals often command higher rents and reduce vacancy periods. However, they require upfront investment and maintenance costs for furniture and appliances.

Unfurnished rentals appeal to long-term tenants, like families, seeking stability. They involve lower upkeep costs and fewer wear-and-tear concerns. Real estate agents note that unfurnished properties often attract tenants planning to stay longer, reducing turnover.

Ultimately, the choice depends on location, target tenants, and investment goals. Landlords should weigh flexibility, costs, and tenant preferences to maximize returns. Consulting a real estate agent can help tailor the decision to local market trends.