Case Study: Guaranteed Rent for Landlords in Redbridge – Ilford Property Transformation
Overview
Revive Property partnered with a landlord in Ilford, Redbridge, to manage a large, newly refurbished 10-room HMO with en-suite facilities. The landlord’s priority was securing reliable, professional tenants and eliminating the day-to-day hassle of property management. Within just one month, Revive Property delivered a complete solution: a three-year guaranteed rent contract, full property setup, and ongoing management, providing the landlord with a steady, stress-free income.
The Challenge: Filling a High-Standard HMO with Professional Tenants
The landlord had invested in refurbishing their Ilford property to a high standard, transforming it into a 10-room HMO with modern en-suites. However, they faced challenges ensuring the property was rented to professional tenants who would respect the space. They needed a solution that would offer financial security and ease the burden of tenant management while maintaining the property’s standards.
Our Approach: Full Setup & Guaranteed Rent Solution
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Guaranteed Rent Agreement: We agreed on a three-year contract, ensuring the landlord received rent payments on time every month, regardless of tenant occupancy.
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Property Setup: To prepare the property for professional tenants, we managed all aspects of the setup, including:
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Furnishing & decorating each room to a modern, professional standard.
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Organising utilities, including electricity, water, gas, & council tax.
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Installing high-speed internet to meet the needs of modern tenants.
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Tenant Marketing & Screening: We advertised the property across major platforms and conducted a thorough screening process to secure reliable, professional tenants within 28 days.
Guaranteed Rent & Ongoing Property Management
Revive Property’s guaranteed rent service allowed the landlord to enjoy a secure income stream without any of the usual stresses of managing a large HMO. Our services included:
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Professional Tenant Placement: We handpicked suitable tenants, ensuring all occupants were professionals who aligned with the landlord’s preferences.
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Maintenance & Upkeep: We took on full responsibility for managing the property, handling repairs, regular maintenance, and tenant issues.
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All-Inclusive Management: From bills to tenant relations, Revive Property managed everything, providing a hands-off experience for the landlord.
Results & Landlord Satisfaction
Within 28 days of our initial meeting, the property was fully furnished, set up, and occupied by professional tenants. The landlord now receives consistent rent payments under the guaranteed rent contract, with complete confidence that the property is managed to the highest standards.
Frequently asked questions
Get In Touch
Are you a landlord in Redbridge looking for guaranteed rent and hassle-free property management? Contact Revive Property today to find out how we can transform your rental experience. Call us at 0208 144 9135 or email contact@revivepropertyuk.com.
2-8 Games Road, 2nd Floor Woodgate Studios, Barnet, London, EN4 9HN
T: 0208 144 9135
