Lettable

Lettable is an adjective used primarily in the British real estate sector to describe property that is capable of being let (rented) to a tenant. A lettable property is one that meets typical rental criteria such as habitable condition, safety standards, and compliance with local tenancy regulations, and can be marketed for tenancy.

In practice, letting agents and property appraisals may label a property as lettable, or describe it as “to let” or “for letting.” The term emphasizes suitability for tenancy and market readiness rather than current occupancy.

Regional notes indicate that lettable is mainly used in British English and other markets following British tenancy terms. In American English, the term rentable is more common, with phrases like rental-ready or ready-to-let used as alternatives.

Etymology and forms: The word is formed from let (to lease) plus the suffix -able. Related terms include letting (the act of renting), landlord, tenant, lease, and rent. The noun form lettings refers to the business of letting properties.

See also: Let, Lease, Rent, Rental property, Letting agent, Rental yield.

Example sentences:

- The property is lettable, with repairs completed and a new safety certificate in place.

- Investors assessed the lettability of the portfolio before listing it for sale.