The house owners see a great future in transforming the unused area of their property in to small and compact residential flats and earn a handsome monthly income which they can get from rent receivables.
Making their unused flats to let, they can be benefited in more ways as they do not have to worry about the regular cleaning and maintenance and proper look after which becomes the responsibility of the tenant after possession till the date they live there.
This trend has helped the needy people a lot as they get an accommodation without investing too much.
The modern residential houses in big cities are built in this fashion which contains many small apartments on each floor specially meant for people looking for rented accommodations.
Apart from the apartment houses there are private houses which have separate enclosure built in the manner that they can be easily transformed in to flats to let anytime as per the requirement of the house owners.
House owners have the flexibility of giving out the flats on rent in many ways in order to get most out of it.
Flats can be rented out on shared basis, PG basis and exclusive basis with the shared basis flats suiting the bachelors where more than one people, mostly students and young executives, share the same flat and pay the expenses together.
In the PG basis the flat is provided to one or more person along with other facilities such as food, furniture, TV, Laundry etc on extra charges.
The exclusive types of flats are given to people with family.
Whatever be the need, those who are looking for flats to let can get the desired flat easily with a little bit of planning.
Those having problems in finding the right flats to let can take the help of local advertising media, internet and the local property dealers who are involved in property dealing and possess the required information of all the properties available on rent.