As a landlord in Guildford, you’re likely already aware of how popular the town is with professional tenants, students, and young families alike. But with rising costs and a changing rental market, it’s more important than ever to make sure your property is working as hard as it can.
Here are 10 practical ways to boost your rental income — without taking on more risk or stress than necessary.
Review your rent annually
Many landlords fall into the habit of sticking with the same rent for years. But if you haven’t reviewed yours in a while, you could be undercharging. A modest increase that reflects the current market — especially after tenancy renewal — can make a real difference over time.
Tip: always check your tenancy agreement and give tenants the correct notice in writing.
Invest in energy efficiency
Tenants are increasingly drawn to warm, energy-efficient homes — especially with high utility bills. Adding double glazing, upgrading the boiler or improving insulation can boost your property’s EPC rating and justify a higher monthly rent.
Bonus: properties with better EPCs may also attract longer tenancies and fewer void periods.
Offer your property furnished
In a market like Guildford, offering a well-furnished property can often increase your rental yield. Young professionals and students in particular tend to favour homes where they can move in with just a suitcase.
Opt for durable, neutral furniture that looks good in listing photos and in person.
Allow pets (within reason)
More tenants are looking for pet-friendly homes, but relatively few landlords say yes. If your property and lease conditions allow it, you might be able to charge slightly higher rent or enjoy longer tenancies by welcoming pets on a case-by-case basis.
Always request a pet reference and update your inventory.
Upgrade key spaces
You don’t need to refurbish the whole property — small upgrades can go a long way. A modern kitchen tap, new cupboard doors or fresh bathroom sealant can instantly lift a tired room and make your listing stand out.
Focus on clean, functional kitchens and bathrooms — they’re the biggest value drivers.
Add another bedroom
If your property has a large lounge or dining space, consider converting it into an extra bedroom (subject to regulations and layout). This can significantly boost rent, especially for student or shared lets.
Always check whether planning permission or HMO licensing applies.
Reduce void periods
Every week your property is empty, you lose income. Staying ahead of contract end dates and marketing your property early can help reduce the gap between tenancies.
Working with a local letting agent like Belvoir Guildford means you benefit from expert advice, marketing and tenant sourcing.
Switch to short lets (carefully)
In some areas of Guildford, short-term lets or serviced accommodation can earn higher returns — but they do come with extra management, cleaning and legal responsibilities.
This strategy works best with central flats or properties near transport links and the university.
Make your property pet-proof or family-friendly
Small additions like built-in stair gates, easy-clean flooring or secure outdoor space can make your property more appealing to families. That often means more stable, longer-term tenants and fewer tenancy changeovers.
Join a rent guarantee scheme
Want more predictable income? Rent guarantee schemes, such as Belvoir’s own service, offer fixed payments even if the tenant doesn’t pay — giving you peace of mind and easier budgeting.
Learn more about rent guarantee options through Belvoir Guildford.
Thinking of letting your Guildford property?
At Belvoir Guildford, we help landlords achieve more from their rental properties — whether you’re new to lettings or have an established portfolio.
Book a free rental valuation today
Because property is personal with Belvoir.