Checklist to assess a rental property

Location

• Is the property in an area that suits your lifestyle?
• Are there transport amenities nearby?
• How far are the local shops from your door?
• Do the premises offer bonus location features – water views, nearby schools, cafes/restaurants?
• Is there noise from main roads, neighbours, etc?

Size

• If you’re going to share, are there enough bedrooms/bathrooms for all of you?
• Are the main living areas large enough to accommodate you, your partner and/or family?
• Will your existing furniture fit in the new layout?
• Are there private outdoor living areas, such as a yard, courtyard or balcony?

Layout

• Are there any shared/common walls that could cause potential neighbour disputes due to noise?
• If the premises are on a busy street, are they on a higher level (to diffuse the noise and pollution impact)?
• If on the ground or first floor, is there adequate external security?
• Does the internal layout suit your lifestyle and expectations?

Bonus features

• Is there one more bathroom, ensuite, study or living area than in other properties of similar value?
• Does it have built-in wardrobes?
• Does the property have unique features such as historic preservation or art deco style?
• Is there a garage, car space or security storage area?
• Does the property have access to additional facilities, such as a pool, gym, spa, tennis courts or sauna?
• Is there an elevator?
• Do the premises have security intercom access or other external security features?

Lease terms

• Is the asking rent reasonable, overvalued or undervalued compared to properties of a similar nature in the area?
• Is the lease term within your expectations?
• How long is the lease for?
• Is there a lease-renewal option?
• What is the move-in date?

Choosing the right rental can be daunting, but with this handy checklist you’ll have a clear idea of what you’re after in no time.