• Richard Dawson

How to Make you Rental Property More Energy Efficient

There are many features of a rental property that will make it appeal to your target audience, from its location to its features. Ensuring your property is suited to what potential tenants want can improve rental returns, increase tenancy periods, and improve tenant satisfaction.


An eco-friendly property has been identified to be more appealing when renting your property to a younger market. Targeting this market increases the number of potential tenants interested in your property.


It’s not just landlords aiming to get younger tenants through the door that should be taking note. Making your home energy efficient can increase rental yields, increase the value of the property, reduce energy bills and future proof your property for any future changes to legislation.

Light bulbs used in Property Management

SWITCH TO ENERGY EFFICIENT APPLIANCES


If your appliances are reaching the end of their lives and need an upgrade, make sure you choose energy efficient electrical goods. Due to EU regulations, the following appliance must be marked with an energy label indicating how efficient they are:

  • Washing machines

  • Dishwashers

  • TV’s

  • Ovens (electric)

  • Boilers

  • Freezers and fridges

  • Lightbulbs

The energy label rates appliances from G to A, G being the lowest in terms of energy efficiency and A being the highest. Appliances with a higher energy rating will provide the biggest savings longer term.


INSTALL DOUBLE GLAZED WINDOWS


A double-glazed window can be up to 20 times more efficient than one that is single glazed. In addition to reducing heat loss and improving your energy bills, double glazed windows offer several benefits including:

  • Noise insulation

  • More secure

  • Cooler house in summer

  • Reduce interior damage

REPLACE OLD LIGHTBULBS WITH ENERGY EFFICIENT ONES


Lighting accounts account for around 10-20% of a property’s energy bill. Switching to energy-saving bulbs is one of the easiest changes you can make to improve the energy efficiency of the property. According to research from U Switch, installing five low energy light bulbs will save about £32 a year.


INSULATE THE LOFT


Around 25% of heat from a home is lost through the roof. Whilst it requires a significant investment, the good news is that loft insulation is effective for at least 40 years so the installation costs will be paid off many times over before it needs to be done again.


INSTALL A SMART METER


Smart meters automatically track the amount of energy you’ve used, enabling tenants to keep better track of their energy usage and use less. As well as being an added value for tenants, installing a smart meter can give you access to better energy tariffs.


HOW R.A.D PROPERTY MANAGEMENT CAN HELP


R.A.D Property Management can help our landlords get the most value from their rental properties, be that through finding the right tenants, keeping tenancy voids to a minimum or recommending local contractors to carry out work and improve the energy efficiency of your home.


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