Profitable Property Business
Location:
UK Non-Specific
Business Type:
Commercial Property
Company Description (to include Products & Services) – 600 words max for BSR:
Business overview:
The business owns, professionally manages and maintains 210 properties across the UK. The portfolio is run on a day-to-day basis by an internally developed, bespoke property management system which controls every area of the operation. This significantly reduces the cost of managing a comparatively sized portfolio with traditional methods and only 11 staff/contractors required to run the business (2 of which deal with administration).
The opportunity:
• A well managed and established portfolio of 210 ‘family home’ residential properties which offer significant income generation regardless of economic pressures
• Quality properties with good geographic spread, standardised heating and appliances where possible throughout
• Track record of long-term tenants all on standard AST (tenancies) 99% repeat clients base, 85% of revenue collected by Direct Debit
• Cost saving, bespoke management software runs all aspects of the business, with online/smart phone access for engineers on the road (with fully owned IPR), and is able to manage an unlimited number of properties
• An opportunity to enter a very strong rental market, predicted to grow, resulting in high demand and long term tenancies
• This is a fully operational business, offering a significant cost saving against an option of starting a new property portfolio business
• Highly cash generative business model, with capital appreciation & rental increase 6% p/annum
• Partners flexibility in terms of handover/continued service
• Potential for development with planning granted on some properties within the portfolio
• Fully portable business; with all calls made to 0800 number operation can be situated anywhere, in the UK or abroad
North Yorkshire
£ 750,000
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Business Services that may be of Interest:
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