Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
You may have read about the problems I’ve been having with a property I own in Halifax – LINK.
Here’s an update
The local agents who it’s been let with for years still haven’t been able to get it rented. Despite owning a stake in LettingSupermarket.com and the fact that they manage most of my portfolio I had kept this property with the local agent. I wanted to be fair with them as they have always been fair with me.
However, no progress has been made so I’ve decided to give LettingSupermarket.com a chance to let the property too. It’s still with the local agent as well and the deal is that whichever agency finds the perfect tenant first will secure the business.
I couldn’t possibly think of a more honest way to market the property that the description I’ve asked LettingSupermarket.com to post on their Rightmove and Zoopla adverts – see below.
“This centrally located property has had more than its fair share of problems with layabouts causing damage to the communal areas.
For this reason, the owner is prepared to accept 50% of market rent for the next 12 months for the for the right tenant to be able to help sort the problem. This would involve liaising with the Police and the freehold management company of the block and starting a Neighbourhood Watch Scheme.
The landlord will pay the agents fees and will not require a deposit for the right applicant. Your referencing fees will also be refunded if you have been honest on your application.
Once the problem is resolved and after a 12 month period has been completed the rent will be £50 a month below market value. If the problem still exists after six months the owner will have to consider giving you notice to quit so that the property can be sold or another tenant who is better equipped to solve the problem can be found.
The communal areas of the block are a bit of a mess at the moment but the carpets will be replaced and the walls will be re-painted shortly. The flat itself is very decent internally.
If you are the sort of person who isn’t easily intimidated and you are looking for a very cheap rent, this could be an ideal property for you and we look forward to hearing from you.
Applicants who are claiming housing benefits will not be accepted. You must be working and able to prove your credit history with bank statements and references.
Rent £250 per calendar month in advance
£50 Credit check which will be deducted from the 1st months rent for a successful applicant“
Here’s the advert link on Rightmove >>> http://www.rightmove.co.uk/property-to-rent/property-48890274.html
I will let you know how I get on, wish me luck!
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