With many households struggling for money currently thanks to the Coronavirus pandemic and the job losses that it has caused, it’s understandable that you might be looking for a side-hustle to help you earn a little extra cash once the pandemic has subsided.
If you’re a homeowner, then you could consider renting out a room in your home. For example, you can rent through Airbnb. Whether you want a permanent lodger or to allow visitors the chance to stay in your room for a short period of time, you can make money and enrich your life by renting out a room.
In the UK, you can rent a room in your home without paying tax, as long as the rent your earn is below £7500.
Renting out a room is an exciting and challenging endeavour, especially when it could earn you some much needed extra cash, so we’ve put together a guide to decorating a room to rent out.
When you’re renting out a bedroom in your home, it’s crucial that the space isn’t too personal. Avoid including photos of your family, any personal trinkets and too many indicators of your personal style. Instead, style the room with landscape images and plain furniture, so that your potential tenants can see the potential that the room has to offer.
Use Neutral Colours
As highlighted above, it’s essential that the room you’re renting out is a blank canvas, and that means using neutral colours. Off-white, pale grey and pastel blue will appeal to everyone, whereas a bold pink shade might put some potential lodgers off. Keep your walls a pale colour to make the room feel light and bright, then consider a darker shade for the carpet to make it appear clean for longer and reduce the possibility of stains.
Choose Hospitality-Grade Fabrics
The curtains, bedding and other fabrics in your room need to be high-quality, durable and safe. That’s why you should consider using hospitality-grade products. Companies such as Direct Fabrics specialise in commercial fabrics that are certified to British and International Flame Retardant Standards, so you can rest assured that they are top-quality and safe. The firm offers a wide range of stunning styles, combining beauty with function to allow you to create the perfect room for rent in your home.
Lamps Will Brighten Even A Small Space
If your room is dark, small or just doesn’t get a lot of natural light, then lamps are the perfect solution. You can use them to make the room appear brighter and more inviting. You can also add a subtle flair to the space without taking things too far and making it off-putting. Try to find a trendy lamp that will fit in with the room’s décor to make it look brighter and more enticing to potential lodgers.
Make The Furniture Uniform
Instead of a muddle of different pieces of furniture that you’ve picked up over the years, you should consider including a furniture set in your room. This approach will make the room look tidier, as everything will be of similar proportions and designed to look great together.
Renting out a room in your home, either for the short-term or the long, is an ideal way to make some extra money during these challenging times. Use these tips to find inspiration for your décor and create an inviting space for potential renters.
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