You will earn net rental income at or near full market rent
Room by room rental income
We are specialists in renting out fully serviced properties on a per room basis (multi-let) and only take commission from the added value we create.
Multi-lets make sense
Letting out your property as a multi-let typically increases the total rental income by £100 to £120 per bedroom, per month, compared to letting it out as whole unit [single-let].
Multi-letting is also a more dynamic market. On average, we fill an empty property with tenants in just 10 days and normally only have 2 days vacant per year once set up is complete.
Choose the right commission plan for you
Both plans include full property management and household services. Please see table below for our full service breakdown
Full property management at a fixed rate of £100 per month per tenanted bedroom in the property. For example, we will receive £300 per month for a fully let 3-bed property with living room.
- Your net rental income will be 0-2% below the property’s single-let market rate
- On average, you won’t receive rent for the first 10 days during setup, and only 2 days annually once your property is up and running as a multi-let
We pay you the agreed monthly rent each month from day one of the agreement, whether the property is let out or not.
- Typically, we guarantee rent at 4% below the property’s single-let market rate
- Eliminates risk of void rental periods
- Gives you peace of mind
Full list of services included in our two plans
|Inclueded||Fixed Commission||Rent Guarantee|
|Inventory report of each room at tenancy change|
|End of tenancy clean for each room at tenancy change|
|Let sign outside the house|
|Viewings and tenant screening|
|Tenancy agreement per room|
|Inventory check in and out of each room at tenancy change|
|End of tenancy clean of each room at tenancy change|
|Household bills management|
|Informal inspection every two months|
|Rent guaranteed / no void rent|
|Rent paid in advance|