Crossharbour, London,
E14
We transformed the property from a four-bedroom duplex apartment into a five-bedroom house share. By updating the interiors and addressing necessary licensing and fire safety improvements, we achieved a guaranteed rent of £3,150 pcm.
Bedrooms
5 Bed
Length of Contract
3 Years
£
Guaranteed Rent
£3,150.00 pcm
Borough
Tower Hamlets
3 .
Crossharbour, London, E14
Agent’s Position
The agent for this property looked after a serviced accommodation company based in Southeast London. He self-managed the property for a few years but failed to meet expected rental and occupancy rates. Lacking the expertise to transform the property into a house share, he did not pursue this option.
Life Stay’s Work
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Leveraging our location and knowledge, we quickly analysed the market and offered a competitive guaranteed rental figure to the property owners.
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This arrangement alleviated their concerns about vacancies and other property-related matters.
Renovation
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Originally, a four-bedroom duplex apartment, we transformed into a five-bedroom house share.
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Prior to our involvement, the property functioned as a serviced apartment with extensive decoration completed by the owner's team.
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Made an agreement with the owner to cover the costs of the license application and some fire safety improvements.
"Throughout this process, we've learned a great deal from each other, enhancing our collaboration further. Their expertise and thoughtful handling of costs have made this a truly rewarding partnership."
Sanmi A. (Agent)
SA
Visit us
10-16, Tiller Road, London, E14 8PX
Company
Property Valuation
Services
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Life Stay, All rights reserved. LS88 LTD t/a Life Stay , a company registered in England and Wales under the Companies Act 2006 (Company No. 14588130). Our registered office address is 1 Duffield Road, Derby, England DE1 3BB. You can contact us by email at enquires@lifestay.co.uk, by phone at 020 1234 5678, or by post at our registered office address. We are a members of the Safe Agents (A7953) and regulated by the Property Redress Scheme (PRS037377).