For landlords, rental yield is one of the most critical measures of success. It tells you how much income your property generates compared to its value, and improving it can make a significant difference to your overall return on investment.
Yet many landlords are missing out on simple, effective ways to boost their yields, often because they’re not using all the tools and strategies available to them.
1. Regular Rent Reviews
Rent levels change with the market. If you haven’t reviewed your rent in the last year, you might be undercharging.
💡 Tip: Use local market data and your letting agent’s expertise to ensure you’re achieving competitive rents without pricing out good tenants.
2. Reduce Void Periods
Empty properties mean zero income. Proactive marketing, professional photos, and early advertising can help you fill vacancies faster.
💡 Tip: Start advertising as soon as notice is given, and consider flexible viewing times to attract more tenants quickly.
3. Improve Energy Efficiency
Better EPC ratings can mean lower bills for tenants, making your property more appealing. In some cases, you can also charge a premium rent for more efficient homes.
💡 Tip: Upgrade insulation, replace old boilers, and install LED lighting to improve your EPC score.
4. Offer Additional Services
Including high-speed internet, gardening, or cleaning in the rent can justify a higher monthly rate and attract premium tenants.
💡 Tip: Work out the cost of these services versus the extra rent you can command.
5. Use Tax-Efficient Strategies
Thoughtful tax planning can increase your net yield without raising rent.
💡 Tip: Speak to your accountant about allowable expenses, mortgage interest relief, and whether incorporating your portfolio is beneficial.
6. Keep Maintenance Proactive, Not Reactive
Regular upkeep is a key strategy that prevents minor issues from becoming costly repairs and helps retain good tenants, giving you a sense of security and control over your property’s condition.
💡 Tip: Schedule annual property checks and deal with issues before they escalate.
Final Thoughts
Maximising rental yield isn’t just about raising the rent — it’s about reducing costs, preventing income loss, and adding value. By using every available tool, you can ensure your portfolio is working as hard as you are, keeping you motivated and focused on your investment.
If you want a free review of your rental portfolio and tailored advice on increasing yields, REMAX Estate Agents can help.
📞 Call us today to book your free consultation.
