The pro’s and con’s of furnished rentals for landlords and tenants

To rent furnished or un furnished that is the question…

Here are some pros and cons from experienced property managers at Ray White Double Bay:

Advantages for Tenants:

1. No need for removals:Renting a furnished property means you won’t have to go to the trouble or cost of hiring a removals firm.
2. You can move straight in: You won’t have to go hunting for items to make your new home habitable.
3. Less expensive: Crucially, you won’t have to go to the expense of buying furniture.

Landlords: Obviously furnished rentals command higher monthly/weekly rentals.

Disadvantages:

1. Responsibility for furniture: You will be responsible for maintaining not just the property but the furniture, too.
2. Less flexibility:Furniture may restrict what you can use a room for. For example, if a spare bedroom contains a large bed it will be difficult to convert it into a study.
3. Storage of your own furniture:  If you already own even small items of furniture, there may not be space for them in your new home – and that could mean shelling out for storage.

Landlords: Possible risks of damage to furniture

If you are on the market for magnificent furnished or unfurnished rentals look no further than Ray White Double Bay