How landlords in North Oxfordshire and South Northants can handle tenant vacanci

For landlords in North Oxfordshire and South Northants, tenant vacancies can result in significant financial losses, especially during the summer months when rental demand is typically high. Minimising void periods ensures a steady rental income and keeps your property well-maintained and occupied. If you’re facing a vacancy this summer, here are some strategies to help you reduce void periods and

 Keep your rental property generating income in 2025.

Adjust pricing to reflect market conditions

One of the first steps in reducing void periods is to ensure your rent is competitively priced. Research the current rental market in North Oxfordshire and South Northants and compare your property’s rent to similar properties in the area. If your rent is significantly higher than average, it may deter potential tenants, leading to a longer vacancy period.

If you need to fill the property quickly, consider offering a slight rent reduction or incentives such as a rent-free period or free utility bills for the first month. This can attract tenants and encourage them to move in sooner rather than later.

Offer flexible tenancy terms

Tenants’ needs often vary, especially in the summer when people may be looking for short-term or temporary accommodation. Offering flexible tenancy terms can make your property more appealing to a wider range of tenants. Consider offering short-term lets, month-to-month agreements, or the option to extend leases beyond the standard 12 months.

This flexibility can attract tenants who may not be looking for a long-term commitment but are willing to pay a fair rent for the right property.

Market your property effectively

Effective marketing is crucial to filling a vacant property quickly. Ensure your property is listed on all major rental platforms and that the listing is complete with professional photos and a well-written description. Highlight the key features of the property, such as outdoor spaces, modern appliances, or proximity to local amenities in North Oxfordshire and South Northants.

Don’t forget to promote your property’s summer appeal. Whether it’s a garden, a spacious balcony, or easy access to parks and beaches, emphasise features that are particularly attractive during the warmer months.

Make quick property upgrades

If your property has been vacant for some time or is struggling to attract tenants, consider making quick and affordable upgrades to enhance its appeal. A fresh coat of paint, new fixtures, or modernising the kitchen can make a significant difference in how tenants perceive the property.

At Cherry Lets, we can advise landlords on the most effective upgrades to make their properties stand out in the competitive rental market.

Conclusion

Reducing tenant vacancies and minimising void periods during the summer is essential for landlords in North Oxfordshire and South Northants to maintain a steady rental income. By adjusting rent prices, offering flexible lease terms, marketing your property effectively, and making quick upgrades, you can fill vacancies quickly and keep your property generating income.

If you need help managing vacancies or marketing your rental property, get in touch with us.