The Full Letting Package
At Linley & Simpson, we often get asked by our Landlords where the hidden gems are and what how they can add to their portfolio without investing an arm and a leg.
The thing is, no answer is ever the same. We need to understand what exactly you’re looking for, when you want to invest, how much you want to invest, where you want to invest.
If you’re serious about finding the next hidden gem then let’s talk. Speak to Anthony on 07826 841 849.
We worked with one Landlord in Sheffield recently, where they set out their preferences. An investor looking for a buy-to-let property, we went with the client to the sales viewing to advise on renovation works and potential rental income. We helped the Landlord find a property in S64. It was in dire straits but had huge upside potential. The property was on the market for £42,000 but we advised it could rent for £625pcm.
When completed we instructed local trades experts to review and quote on the work. When approved, we project managed the whole process from start to finish. The Landlord invested £15,000 into:
A new kitchen
Fence in the garden
Two internal doors
New shower and screen
A full deep clean
When the property was one week away from completion, we added the property to the website advertising as ‘coming soon - register your details today’.
The day the work was finished we did an open house of 18 viewings and the landlord had 7 applications to choose from! The ideal tenant was picked, credit-checked and referenced within 5 days and the keys were collected 2 days after. The new tenant is paying £625pcm, and the best part is the property is now worth £85,000!
From the start of the completion to having a tenant move was as quick as 3 weeks.
Grow your portfolio with us, and let us guide you every step of the way with our project management service. Get in touch today, speak to Anthony on 07826 841 849.