So you want to rent out your spare room?

Tuesday 24th August 2010, 12:00PM BST.

Renting out your spare room could earn you £300-400 a month.
Renting out your spare room could earn you £300-400 a month.

Often when I tell people what I do for a living they get very excited and tell me that they would love some extra money for renting out their spare room writes Lea Beven.

They tell me that it is usually just full of junk, or at least the wardrobe is!

I have inspired many a person to have a go at it. So here are a few tips that I share with them to get that right:

  • Declutter your home – if it looks too full then a tenant looking may feel intimidated by all of your personal possessions.
  • Clear out the room you want to use (including the wardrobe) as most tenants will worry about how much trouble you will have to go too to fit them in. You want your tenant to feel that there is room for them in your home and they won’t be in the way.
  • Keep pets out of the bedroom – lots of people love animals, but they don’t want them sleeping on the bed. It is often off-putting to walk into the room you’re interesting in letting to find the cat napping on the pillow.
  • Empty a food cupboard ready, so that when you show them around the communal areas, they feel that you have already considered their needs.
  • Don’t be afraid to show them the garage or shed if they have junk of their own that they need to store.
  • Noone wants to view a room with a bare mattress – it makes them think about who slept in the bed beforehand. Dress the room to make it look fresh and clean with plenty of pillows and a new bed kit (just for show as people generally bring their own). Attention to detail is important.

If you want to rent out your room you can achieve anything from £290 to £450 (average £368 in this area) for a nice clean double.

Just make sure it’s ready and waiting for your prospective tenant.



MoneySupermarket:

Good Loans
APR Comments
Platinum Exclusive
7.2%CHEAPEST Homeowner Loan in the UK for loans from £10,000. <b>Typical APR 15.4%</b>Apply
Sainsbury's Personal Loan
7.2%Nectar card holders receive double Nectar points for 2yrs on £7.5k-£14,999. <b>Typical APR 7.2%</b>Apply
Alliance & Leicester
7.2%For loans of £7,500 - £14,950. Apply online for a quick decision. <b>Typical APR 7.2%</b>Apply
Nationwide
7.3%Loans from £7,000-£14,999. <b>Typical APR 7.3%</b> Discount to Typical APR 7.2% for Flex acc holdersApply
Balance Transfer Cards
Rate Duration Typical APR BT Fee
Barclaycard Platinum
0%17 mths16.9%2.9%Apply
MBNA Balance Transfer Card
0%16 mths16.7%2.88%Apply
Virgin Credit Card
0%16 mths16.8%2.89%Apply
NatWest Platinum
0%16 mths16.9%2.9%Apply

Powered by Moneysupermarket.com

Business Awards

Book a Business Awards table Book a Business Awards table

Join our celebrations of the region's best in business on Thursday March 22 - book your table now

Lifestyle

Interactive Dining Out map Interactive Dining Out map

Hundreds of reviews by the Express & Star and Shropshire Star's teams to help you decide where to eat.

entertainment

All the film reviews All the film reviews

Before you plan a trip to the pictures, get our critics' verdicts on all the latest movie releases

OUR NEW APP

Get the new E&S app Get the new E&S app

Download the Express & Star’s new app to your iPad or iPhone to get one week of access to our digital newspapers absolutely FREE.