#CAVENDISHEXPERTS in Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk
An experienced Landlord letting properties 10+ years with a property portfolio spread across the Midlands and Yorkshire region, received the welcome news that Cavendish Residential had managed to achieve an increase in the rental price of his property.
Successfully uplifting the rent from £550 to £775 per calendar month!
His previous experience of using Letting Agents in the past has been mixed at best, which is why he was initially sceptical when Cavendish Residential was recommended to him for a property that had recently become unoccupied.
However after an initial chat with Lisa Dahl-Parsisson (Senior Valuer and Asset Manager at Cavendish Residential pictured above), he knew he was in safe hands.
Lisa worked with the investor offering expert advice and guidance, explaining the steps that were needed to get the best return on investment, all whilst taking on board individual wishes and concerns. Lisa and her renovations team provided a list of quotes and then set off on the task of managing the entire refurbishment, all the Landlord had to do was hand Lisa the keys.
"Despite normally trying to do everything myself, I decided to take a leap of faith and try something new…… it really paid off! Throughout the refurb there were regular updates and photos and when all was done, I got to see the final result and was blown away by the standard and attention to detail given to my house".
Before the refurb the property had been let for a much lower amount as the owner had struggled to find Tenants in the past, with the property being rented out for £550 per month. After the renovation, Lisa set an ambitious target of uplifting the rent by 35%...
Within the first hour of going live, viewings were coming in thick and fast!
The Landlord's mum along with Lisa went to meet the prospective Tenants in block viewings where they received really positive feedback.
Bidding war...
The final two Tenants ended up in a bidding war with the final result seeing the property let for £775 per month, a staggering increase of 41%).
Moving forward the Landlord is now hoping to work more closely with Lisa and the Cavendish Residential
team to grow his portfolio, and has also recommended them to friends and family who also want to invest in property.
"My recommendation to anyone reading this would be to give Lisa a call for a friendly chat about your needs and see if herself or Cavendish can help".
Lovely words from a happy and very much valued Landlord!
To contact Lisa, please email her directly: lisa.dahl-parsisson@cavendishproperty.co.uk
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