Renting out a 4 Bed House as a 3 Bed House (Excluded Room from Let)
I am currently advertising a 4 bed house on the market but these are much more difficult to rent than a 1 or 2 bed property.
Some people have mentioned they have tenancies where they are specifically excluded areas such as a garage, the loft or a cellar from the tenancy. I would like to know, is it possible to reduce the market rent and possibly offer the property as a 3 bed. The loft conversion room has a key lock on the door as well as an en- suite bathroom. We do not plan to use that room but it could be easier to secure a family tenant with the lowered rent on 3 bedroom rather than 4 beds. I would be very reluctant to offer a 4 bed with an additional bathroom on a reduced rent.
Can this be done on an AST and how do I check that the tenants haven't broken the lock and are using that room? Presumably I would have to give notice for inspection. Or is there another contract that we can use for exclusive access to the property but the loft area is owner occupied?
Want to read more?
This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.