Why Tenants Leave!! How an Outdated Property Can Affect Your Rental Income

In Manchester’s competitive rental market, where new residential developments like Deansgate Square, Affinity Living, and THREE60 are raising the bar, tenants have increasingly high expectations. The days when a rental property could attract tenants based on location alone are long gone. Tenants now prioritize comfort, style, and well-being in their living spaces, and an outdated property can lead to higher vacancy rates and ultimately hurt your rental income.

As a property investor or landlord, keeping your buy-to-let (BTL) or build-to-rent (BTR) property updated is crucial. So, why are tenants leaving outdated properties, and how can you ensure your rental stands out in a crowded Manchester market?

Outdated Interiors Don’t Appeal to Modern Tenants

In areas like Castle Wharf and Crown Street, modern, stylish properties are quickly snapped up. Properties with outdated furnishings or tired décor, however, struggle to attract or retain tenants. If your property lacks a cohesive, stylish look, tenants may feel that it doesn't reflect their lifestyle aspirations.

This is where a furniture pack can make all the difference. A bespoke furniture pack from Sanctum ensures your property is not only tenant ready but also delivers a high quality design that modern renters desire. Our packs focus on affordable luxury, providing stylish, contemporary interiors that are both functional and beautiful—elements that directly enhance tenant satisfaction.

Tenants Value Wellness-Focused Design

In today’s fast paced world, renters are seeking more than just a place to sleep. They want a home that contributes to their well being. Properties that incorporate calming colour schemes, ergonomic furniture, and natural materials can significantly influence tenant comfort. Our furniture packs are specifically curated with wellness in mind, using earthy tones and natural textures that create a calming, inviting atmosphere.

Properties in Manchester’s booming BTR sector—such as MODA prioritise tenant well being through thoughtful design often enjoy higher occupancy rates and longer tenancies. Incorporating a wellness-focused interior design could be the difference between a tenant staying for a year or extending their lease for several.

Outdated Properties Lead to Higher Turnover and Void Periods

Outdated properties don’t just affect tenant satisfaction—they also increase tenant turnover. When tenants feel uninspired by their living environment, they are more likely to move on, leading to costly void periods for landlords. Each month that your property sits empty is lost rental income.

By investing in a turnkey furniture pack, you can modernise your rental property without the hassle of sourcing individual pieces. A stylish, fully furnished apartment reduces the likelihood of long void periods, ensuring your property remains attractive in Manchester’s competitive rental landscape.

Competitive Properties Drive Higher Rental Yields

It’s not just about keeping your property occupied—it’s about maximizing your rental yield. Properties in Manchester that offer high-quality furnishings often command higher rents. With developments like THREE60 offering premium living experiences, tenants are willing to pay a premium for properties that reflect similar levels of style and comfort.

A bespoke furniture pack from Sanctum gives you the ability to elevate your property’s aesthetic, making it a more desirable option for discerning renters. This can justify higher rental prices while ensuring your property appeals to those seeking both quality and convenience.

Stand Out in Manchester’s Fast-Growing Market

Manchester is experiencing a surge in residential development, and competition for tenants is fierce. Whether your property is located in the city center or in new developments like Crown Street, it’s crucial to offer something that sets it apart from the numerous other rental options available.

By choosing a bespoke furniture pack tailored to your property’s unique layout and style, you can create a memorable first impression for potential tenants. High-end furniture, thoughtful layouts, and wellness-focused designs are all elements that will ensure your property stands out and remains competitive in Manchester’s rapidly growing market.

The Solution: Modernise Your Rental Property with Sanctum

At Sanctum, we specialise in creating luxury furniture packs that blend style and wellness to enhance your property’s appeal. Whether you’re furnishing a single buy-to-let apartment or an entire build-to-rent development, our furniture packs offer a cost-effective way to bring your property up to modern standards—without the stress.

Investing in your property’s interior is an investment in your rental income. A thoughtfully designed, fully furnished apartment will not only attract tenants but also encourage them to stay longer, minimizing turnover and boosting your returns.