Top tips for landlords planning to expand their portfolio

Top tips for landlords planning to expand their portfolio

Scaling up? Do it with purpose 

With tenant demand strong and rents holding steady, many landlords are considering adding to their portfolios this year. But buying another property isn’t just about spotting a bargain, it’s about building a business. 

 

Whether you’re a first-time investor going for your second rental, or a seasoned landlord expanding into new areas, these practical tips can help you grow with confidence. 

 

1. Know your ideal tenant first, not your dream property 

Before browsing listings, define who you're buying for. Is it students, young professionals, families, or retirees? This will shape your location, property type, and even décor decisions. 

 

Buying a home that suits your future tenants’ lifestyle is far more important than picking something you’d live in yourself. 

 

2. Explore emerging rental hotspots 

Areas with new transport links, regeneration plans, or a strong local economy can offer excellent yield potential and long-term growth. Research demand on portals like Rightmove or Zoopla, and check average void periods in target postcodes. 

 

City fringes, university zones, and commuter belt towns are worth keeping an eye on in 2025. 

 

3. Do your maths - and then double check 

Rental income isn’t just about what tenants pay each month. Consider mortgage costs, tax implications, lettings fees, maintenance, and potential voids. 

 

Use online calculators to compare gross yield and net yield. Factor in whether the property will require upgrades, and be realistic about how soon it will start generating profit. 

 

4. Don’t underestimate EPCs and compliance 

Energy standards are tightening, and tenants are prioritising efficient homes. Make sure any potential property has a strong EPC rating or scope to improve. Modern insulation, updated boilers, and double glazing aren’t just boxes to tick they’re rent-boosting features. 

It also saves on future retrofit costs that could cut into your ROI. 

 

5. Think long-term - and stay flexible 

Ask yourself: is this a short-let opportunity, a family-friendly home, or a student staple? Will this property remain in demand in five years? Ten? 

 

Flexibility is key. Homes with multi-room layouts, outdoor space, and good transport links will always appeal even as tenant preferences shift. 

 

Ready to grow your portfolio with purpose? Let’s talk about your next smart buy