Editor's note: This brief was summarised by The Property AI Team from a report by Property118. Read the original article for full details.
Garden Shortage in UK Rentals
Landlords who offer rental properties with well-kept gardens may have an advantage in attracting tenants, according to a report by Property118. Research by CIA Landlords found that outdoor space is missing from almost two-thirds of advertised rental homes in major UK cities.
The study examined 72,930 homes and found that only 36.2% included a garden. Leeds was identified as having the lowest proportion of rental properties with gardens, at 25.7%.
For letting agents and inventory clerks, these findings highlight the potential value of outdoor space in the current rental market. Properties with gardens may be more attractive to prospective tenants, especially in urban areas where such features are less common.
Source: Property118