Guaranteed Rent For Landlords in Haringey

Case Study: Guaranteed Rent for Landlords in Haringey – Ferme Park Road Property Transformation

Overview

Revive Property took on a significant challenge with a run-down property on Ferme Park Road in Crouch End, Haringey. After being used illegally as a marijuana ‘grow house’ and sitting vacant for months, the property was in disrepair and posed financial challenges for the landlord, who faced hefty inheritance tax repayments. By offering guaranteed rent and handling all aspects of renovation and licensing, we turned the property into a compliant, fully modernised HMO.

The Challenge: Extensive Damage & Financial Strain

The landlord inherited the property in a state of severe neglect and damage. It had previously been misused, leaving behind a long list of repairs. Adding to the stress, the landlord had to contend with prolonged void periods and a substantial inheritance tax bill that made financial stability a pressing concern.

Our Approach: Comprehensive Renovation & Licensing Management

Licence Application: To ensure compliance with Haringey Borough Council’s stringent HMO regulations, we applied for and obtained the necessary licence.
Full Property Renovation: The transformation included:
Converting a four-bedroom, two-reception property into a six-bedroom HMO, optimising space for professional tenants.
Installing an additional bathroom to meet amenity standards, providing two bathrooms and three toilets for six occupants.
Refurbishing the property with new fire doors, mains-linked smoke and heat alarms to meet fire safety requirements.
Repainting and furnishing the entire property to create a modern, inviting atmosphere.

Guaranteed Rent & Stress-Free Management

Revive Property offered a 10-year guaranteed rent contract, a unique solution designed to cover and exceed the landlord’s inheritance tax payments. Our services included:

Tenant Management: We secured professional tenants suited to shared living, ensuring a harmonious and reliable rental experience.
Ongoing Maintenance: All property upkeep, from repairs to cleaning services, was managed by Revive Property, eliminating stress for the landlord.

Results & Client Satisfaction

The landlord now benefits from guaranteed rent every month for the next decade, with a fully compliant and modernised property. The revamped HMO exceeds Haringey’s standards, offering a high-quality living environment for tenants while ensuring financial stability for the landlord.

Client Review:

"My parents state that they could not have given the property to anyone better than Revive, as other letting agencies wasted our time. We would recommend Revive to everyone!"

What type of company are you?

Some people may refer to us as estate agents but we’re far from that. We would call ourselves property managers, specialists in managing properties for landlords and providing accommodation for professional tenants.
How do you differ to regular agents/managers?

Our aim is to give the landlord complete peace of mind. We guarantee your rent for anything up to 5 years, regardless of the property’s occupancy and essentially become your perfect tenant. In addition to all the benefits and services we offer we feel the major differentiator is that we have a complete vested interest in your property. We do not simply get a % fee once the property is let; we have to ensure the property is running at its maximum capacity at all times. You can rest assured that once we take on your property we will look after it as if it were our own.
Why should I trust you?

We can always put you in touch with landlords we have worked with in the past. Our sole premise at Revive is to build long standing relationships built on confidence and trust with both our landlords and agents. We are completely transparent as a company in how we operate and our aim is to provide an honest and efficient service to all involved.

Get In Touch

If you’re a landlord looking for guaranteed rent in Haringey, Revive Property is here to help. Discover how we can transform your property and provide you with a stress-free, secure income. Contact us on 0208 144 9135 or email contact@revivepropertyuk.com.