How furniture packages help Singaporean investors maximise ROI on London rentals

According to Rightmove, London’s average rent increased by more than 2% last year. While it is true that rents across the UK capital are constantly increasing year-on-year, allowing overseas investors and landlords to earn good yields from their properties, there is still significant competition to attract well-paying tenants. If you are a London landlord based in Singapore, investing in high-quality furniture can help you rent out your property quickly and support your ask for higher rents compared to similar properties that lack the design edge and functionality your property provides.

However, simply putting together furniture items from the store may not make your property stand out. Interior design is an ever-evolving space with professionals who study a home’s layout, location, and aesthetics to suggest apt solutions that help maximise rental yields. Therefore, investing in a design-led furniture package is the correct way to proceed with your rental ambitions.

What is an investor furniture pack all about?

An investor or landlord furniture pack is a value-for-money furnishing solution specially created for landlords and investors. It focuses on a coordinated and aesthetic approach to deliver desirable results by elevating the style quotient of a property at an affordable cost. Most importantly, it should combine high-quality, design-led furniture items with smooth delivery, installation and aftercare to create a one-stop, hassle-free experience for overseas landlords and investors.

Why should you choose such a furniture pack for your property?

In addition to finding tenants quickly and improving yield, overseas landlords also need flexibility and convenience when remotely furnishing their properties. Appointing a reliable furniture expert with a reputation for delivering top-notch results can make the entire experience pleasant.

Here are some added benefits of choosing a furniture pack

Create a lasting first impression

The first thought that strikes potential tenants is the livability factor of a property and whether it is ready for them to just move in with their suitcases. By providing high-quality furniture, tenants can envision living comfortably in a neat, well-coordinated home and may promptly reserve the property in the interest of time and effort.

Reduce void periods

Having a property vacant for a long time can hinder the returns generated from an asset. Almost 80% of tenants in London prefer a furnished property over an unfurnished one; this makes furniture packages an essential add-on for landlords looking to let their properties quickly.

A one-stop solution

Unlike the expensive and exhausting process of picking each furniture item from a retailer and awaiting their piecemeal delivery and installation, a furniture package is a complete suite of home furnishing essentials delivered and installed at once to create a cohesive look. Additionally, overseas landlords also enjoy the ease and convenience of managing the entire furnishing from start to finish remotely and hassle-free.

Quality and service assurance

A trusted furnishing company will ensure all the furniture items are sourced carefully and delivered on time. The assistance of a dedicated project manager and interior designer further reduces the load on the landlord to coordinate with the different stakeholders to get the job done.

Budget-friendly and effective

While the cost of individual furniture items may appear less than a complete furniture package, when you bundle and compare all the items for price and quality, a furniture package proves to be a more cost-effective and hassle-free solution.

Sustainability conscious

Furniture manufacturing heavily relies on natural resources like forests, and many new-age tenants are conscious of the products they use. An ethical furnishing company will ensure all the items they ship are sourced carefully, keeping people and communities at the centre of their business activity.

How can Benham & Reeves help furnish my London rental property?

As London’s leading estate and lettings agent, we understand the importance of cost-effective and quick furnishing turnarounds for remote overseas landlords. Our furnishing partner, InStyle Direct, has helped thousands of landlords achieve quick lets at higher rents across the UK capital with their high-quality furniture packages for rental properties.

Starting at just £3,395 + VAT, InStyle Direct’s Investor Furniture Package features all the necessary items to set up a well-furnished property. Moreover, as Benham & Reeves’ official furnishing partner, our clients are given special priority for all their furnishing and interior design projects. Contact us today if you have a property in London that needs to be brought up to speed and stand out in a thriving rental market.

Watch this video to learn more about the Investor Furniture Package.