My fifth tenant has now decided to leave after having been subject to 6 months of abuse and hell from the neighbour adjoining the maisonette. All four previous tenants have left after six months and have all cited this neighbour from hell as the culprit for their misery and reason for leaving. This has put me at substantial financial loss, not to mention the stress. This is my first property and subsequently my first time as a landlord.
I have exacerbated all my options. The troublesome neighbour likes to throw his weight around and seems to relish in bullying my tenants. He is also very devious, he has filed noise complaints against each one of my tenants with the council and complains to both letting agents about the noise. My current tenant mentions that the last straw was when the neighbour abused and threw stones at his Mum while she was visiting, thus instigating my tenant to angrily shout at the neighbour who recorded the interaction on his phone. When my tenant called the Police they did nothing as the neighbour had footage of my tenant shouting.
Emails from my previous four tenants include incidents where the troublesome neighbour, grabbed Tenant A round the throat and threatened him in my property. He jumped over the garden fence and threatened Tenant B. Threats to steal, shoot, beat up Tenant C and Tenant D apparently used to come home from work and watch TV wearing headphones so as not to disturb him, the list is a lot longer than this.
Police have been called on six separate occasions by two different tenants (the others were too scared to).
I have contacted the landlord of the property direct. Their letting agent is not prepared to do anything about it giving the excuse that it is one tenants word against another. I am have now lost my fifth tenant! Is this not evidence enough that the neighbour is the cause of the problem?
My letting agent has tried to influence the other letting agent but I feel both have dragged their feet hoping that the dust will settle. My letting agent now is refusing to re-let the property due to this neighbour.
I feel like I only have two options:
1) Reluctantly sell the property or
2) Try and re-let the property by switching my current agent to the same letting agent who oversees the troublesome neighbour. This eliminates the denial that there is a problem and who causes it due to one letting agent getting to hear about all the problems at both properties without any middlemen diluting the seriousness of the allegations. The problem with this option is whether the letting agent would evict the troublesome tenant or just be happy to allow my tenants to leave and enjoy the inctreased income from the renewals.
What other options do I have?