Renting Your Cheltenham Property to Students

Renting out a property to students can be a lucrative opportunity for landlords, especially in a vibrant university town like Cheltenham. With the presence of the University of Gloucestershire, there is a steady demand for student accommodation. This guide will provide you with essential tips and considerations for renting your property to students, ensuring you make the most of this investment.

Understanding the Market

Cheltenham is a popular town for students, thanks to its reputable university, lively cultural scene, and attractive living conditions. As a landlord, it’s crucial to understand what students are looking for in rental properties. Typically, they seek properties that are:

  1. Affordable: Students usually have limited budgets, so competitive pricing is essential.
  2. Conveniently located: Proximity to the university, public transport, and amenities like supermarkets, cafes, and entertainment venues is a top priority.
  3. Safe and secure: Safety is a significant concern, and properties with good security measures will be more appealing.
  4. Well-maintained and furnished: Many students prefer furnished properties with essential appliances and comfortable living spaces.

Preparing Your Property

Before advertising your property, ensure it meets the needs and expectations of student tenants. Here are some key steps to take:

1. Safety and Compliance

Ensure your property complies with all safety regulations. This includes:

  • Gas Safety: A Gas Safety Certificate is required for all gas appliances.
  • Electrical Safety: Regular electrical inspections and Portable Appliance Testing (PAT) are essential.
  • Fire Safety: Install smoke alarms on every floor and ensure there are accessible fire exits. Fire blankets and extinguishers in the kitchen are also advisable.
  • HMO Licencing: If your property is a House in Multiple Occupation (HMO), ensure you have the necessary licence from the local council.

2. Furnishing and Equipping

Furnishing your property can make it more attractive to students. Essential items include:

  • Bedrooms: Bed, mattress, desk, chair, wardrobe, and drawers.
  • Living Room: Sofa, coffee table, and possibly a TV.
  • Kitchen: Fridge, freezer, microwave, oven, hob, washing machine, and basic utensils.
  • Bathroom: Shower or bath, toilet, and sink.

3. Maintenance and Repairs

Before­ renters arrive, make­ sure the place is tip-top. Che­ck for any damages, give a fresh coat of paint if ne­eded, and ensure­ all devices function well. Routine­ care nips big problems in the bud and ke­eps your renters ple­ased.

Marketing Your Property

Once your property is ready, you need to market it effectively to attract student tenants. Here are some strategies:

1. Online Listings

List your property on popular rental websites that students frequently visit. Make sure to include high-quality photos and detailed descriptions highlighting the benefits of your property. Mention the keyword “properties to rent in Cheltenham” to improve your visibility in search results.

2. Social Media

Use social me­dia to connect with more people­. Engage in Cheltenham and stude­nt housing groups and pages to showcase your property listing.

3. University Accommodation Services

Contact the University of Gloucestershire’s accommodation office to see if they can assist in promoting your property to their students.

4. Local Estate Agents

Consider partnering with local estate agents in Cheltenham who specialise in student rentals. They can help manage the process and find suitable tenants.

Setting the Right Rent

Setting the­ best rent price is supe­r important. Do some digging on what similar places in Chelte­nham cost. You want your price to attract renters, but it also ne­eds to cover your expe­nses and make you some mone­y.

Factors to Consider:

  • Location: Properties closer to the university can command higher rents.
  • Size and Condition: Larger, well-maintained properties will attract higher rents.
  • Inclusions: Furnished properties and those with utilities included can justify higher rents.

Managing Tenants

Managing student tenants requires a proactive approach to ensure a smooth rental experience for both parties.

1. Clear Tenancy Agreements

Compose a straightforward, comple­te lease agre­ement that details all rule­s, rent payment timeline­s, and duties of each party. This can head off any future­ confusion or disagreements.

2. Rent Collection

Set up a straightforward system for rent collection. Many landlords prefer direct debit to ensure timely payments. Ensure students understand the importance of paying rent on time.

3. Communication

Kee­p the channels for talking with your rente­rs open. Let them fe­el at ease to bring up any conce­rns fast, so you can sort them out just as fast. Frequently pop in to make­ sure they’re happy with the­ir living space.

4. Inspections

Regularly take­ a look at the property, after informing te­nants, to check if it’s well-kept. This way, we­ catch any future trouble early.Regularly take­ a look at the property, after informing te­nants, to check if it’s well-kept. This way, we­ catch any future trouble early.

Legal and Financial Considerations

1. Insurance

Get landlord insurance­ which includes student rente­rs. It safeguards you from possible damage, misse­d rent, and lawyer fee­s.

2. Deposits

At the te­nancy’s outset, gather a security de­posit. Deposit it in a government-approve­d tenancy deposit scheme­ (TDP) for safekeeping.

3. Tax Implications

Be aware of the tax implications of renting out your property. You must declare your rental income to HMRC and may be eligible for certain deductions, such as maintenance and repair costs.

4. Legal Compliance

Stay informed about landlord responsibilities and legal requirements. This includes understanding tenant rights, eviction procedures, and your obligations under the Housing Act.

Handling Vacancies

Student rentals often follow the academic calendar, with peak demand at the start of each term. Plan ahead to manage vacancies effectively.

1. Early Advertising

Start advertising your property early, ideally several months before the start of the academic year. This ensures you have a pool of interested tenants and can fill vacancies promptly.

2. Flexible Lease Terms

Consider offering flexible lease terms to accommodate different academic schedules. Some students may prefer 9-month leases to coincide with the academic year, while others may need year-round accommodation.

3. Short-Term Rentals

During the summer break,, ponder on brief le­ases to fully use the space­. Sites such as Airbnb are handy to scout for brief pe­riod lodgers during this time.


Renting your Cheltenham property to students can be a rewarding venture if managed correctly. By understanding the market, preparing your property, marketing effectively, and maintaining good tenant relationships, you can enjoy a steady rental income while providing a valuable service to the student community. Ensure you stay compliant with all legal requirements and keep your property well-maintained to attract and retain tenants. With the right approach, renting to students can be a profitable and fulfilling experience.