According to a survey, tenants pay on average 20% more per month for a furnished apartment than for an unfurnished one.
And while the average rent for an inner-city apartment is rising, so is the price premium for a furnished apartment. This results in an average difference of £3,129 per year, or £261 per month, between a furnished and an unfurnished two-bedroom apartment.
Furniture retailer MADE claims to have identified the most expensive and cheapest cities to rent a furnished two-bedroom apartment. The survey only included a small sample of 500 people.
|
Rank
|
City
|
Price difference in rent (furnished vs. unfurnished)
|
% additional tenants pay
|
|
1
|
Newcastle upon Tyne
|
+£358
|
+35%
|
|
2
|
Bristol
|
+£573
|
+33%
|
|
3
|
Leicester
|
+£359
|
+32%
|
|
4
|
Coventry
|
+329 €
|
+27%
|
|
=5
|
Nottingham
|
+£262
|
+25%
|
|
=5
|
Liverpool
|
+£266
|
+25%
|
|
=7
|
Glasgow
|
+£280
|
+24%
|
|
=7
|
Brighton
|
+£451
|
+24%
|
|
=7
|
Sheffield
|
+£242
|
+24%
|
|
10
|
hull
|
+£181
|
+23%
|
However, the study suggests that tenants are generally dissatisfied with the furniture used.
The most common answers were cheap (18%) and boring (17%), closely followed by stained (12%) and old (12%). Other uninspiring descriptions included run down, uncomfortable and non-functional.
A company spokesperson says: “If you’re renting a property that’s already furnished, there are still plenty of ways to enhance your space. Rather than viewing boring furniture as a limitation, think of it as a blank canvas where you can modernise or maximise these pieces through colourful accessories or clever space-saving solutions. You can also get creative with decorative elements such as throws, cushions, rugs and books.
“Also, maximize your space by incorporating eye-catching pieces like floor lamps or shelves. Existing furniture can be enhanced with visually appealing trays, candles or patterned tablecloths. Even something as simple as adding a wicker basket or colorful storage box to a boring TV stand can significantly improve its look.”
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