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How to Reduce Void Periods & Maximise Rental Income

A Landlord’s Guide to Keeping Properties Occupied & Profitable

For landlords, void periods—the time between tenancies when a property is empty—can significantly impact rental income and profitability. Every month without a tenant means lost revenue, yet mortgage payments, maintenance costs, and council tax still need to be covered.

At CPA Property, we’ve helped landlords across West Sussex, Surrey, and South London minimise void periods and optimise rental yields. In this guide, we share proven strategies to help you keep your property occupied while maximising returns.

What is a Void Period?

A void period occurs when a rental property is empty between tenancies, meaning no rental income is generated. This can happen due to:

  • Difficulty finding new tenants before the current tenancy ends
  • Overpricing the property, leading to low demand
  • High tenant turnover due to dissatisfaction or poor management
  • Long maintenance delays before re-letting
  • Market downturns affecting tenant demand

While short void periods are inevitable, extended vacancies can significantly impact your rental yield and overall profitability.

Leasehold vs. Freehold

How to Reduce Void Periods

Start Marketing Early

  • Don’t wait until the tenant leaves – Begin advertising 4-6 weeks before the tenancy ends.
  • List on multiple platforms – Use Rightmove, Zoopla, and social media to attract interest.
  • Work with a trusted letting agent – They can pre-screen tenants and minimise downtime.

Price Competitively

  • Compare local rents – Check rental prices for similar properties in your area.
  • Offer incentives – Small perks like discounted first month’s rent can attract tenants quickly.
  • Be flexible with terms – Consider longer leases for stable income.
Rental properties West Sussex

Keep Tenants Happy & Encourage Renewals

  • Regular property maintenance – A well-maintained home keeps tenants happy.
  • Respond quickly to issues – Delayed repairs push tenants to look elsewhere.
  • Build good relationships – Happy tenants are less likely to leave.
  • Offer renewal incentives – Discounts or minor upgrades can encourage long-term stays.

Offer Furnished & Unfurnished Options

  • More flexibility = broader tenant appeal.
  • Corporate & short-term lets may prefer furnished properties.
  • Long-term tenants often prefer unfurnished spaces to add personal touches.

Improve Property Appeal

  • Modernise interiors – Simple upgrades like fresh paint and updated fixtures make a big difference.
  • Invest in kerb appeal – A well-maintained exterior attracts more tenants.
  • Highlight energy efficiency – Properties with good EPC ratings attract cost-conscious renters.

Consider Short-Term & Corporate Lets

  • Short-term rentals (Airbnb, corporate lets) can fill void periods.
  • Ideal for high-demand areas (West Sussex commuter towns).
  • Higher rent per month, but needs active management.
  • Interested in corporate letting? [Speak to Our Experts →]

How to Maximise Rental Income

Once your property is occupied, it’s time to ensure you’re maximising returns.

Set the Right Rent

  • Check market trends regularly – Adjust rent based on local demand and inflation.
  • Small, annual rent increases are better than large, infrequent hikes.

Reduce Maintenance Costs Without Cutting Corners

  • Proactive maintenance prevents expensive repairs.
  • Use reliable tradespeople for cost-effective fixes.
  • Regular inspections help identify small issues before they escalate.

Optimise Tax Efficiency

  • Understand allowable expenses – Repairs, letting agent fees, and mortgage interest may be deductible.
  • Use an accountant – Smart tax planning helps you keep more of your profits.

Offer Additional Services

  • Include bills in rent – Some tenants prefer all-inclusive options, allowing you to charge a premium.
  • Allow pets (with conditions) – Pet-friendly properties can command higher rents.
  • Add storage or parking – These extras can increase rental value.
Need trusted property management? [Let Us Handle It →]

Let’s Make Your Property Work for You

Whether you need help finding tenants, managing your property, or increasing rental income, CPA Property provides expert solutions for landlords across West Sussex and beyond.

Get Expert Landlord Support Today →

Expert property consultancy, sales, lettings, and management in West Sussex and beyond. With over 80 years of combined experience, we provide tailored solutions for homeowners, landlords, investors, and developers.

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