If you are a landlord in the Newark area and looking for a top notch tenant then give us a call. We are a corporate accommodation provider who has partnerships with the likes of Situ, Rapid Travel, Comfy Workers and Spare Crib, all well established providers, a mixture of national, international and regional operators.
We have been running in Newark for two years now and are looking to expand our operation due to the high demand for what we offer. Our appeal to companies includes:
- Free Superfast Broadband.
- Free Parking.
- Full cooking Facilities including oven, hob and microwave.
- Smart Televisions in all bedrooms as well as the lounge.
- Dining table and chairs.
- Fridge Freezer.
- Cooking Utensils.
- Crockery & Cutlery.
- Free tea and coffee.
- Bath and hand towels.
As you will see from the videos below the house is kept in great condition, it will be professionally cleaned once a week, sometimes twice depending on the length of a guests stay, so none of those end of tenancy refits and mega cleans that every landlord dreads!
Your options as a landlord are as follows:
The No Stress Option
- You rent the property to us by way of a management agreement, this is a formal contract but not an AST.
- We pay you the monthly rent.
- We keep the property in pristine condition which allows us to rent the property to our corporate clients.
- You are responsible for structural issues with the property.
- We fix the niggly stuff, should a guest accidentally damage something.
- We take all the risks of generating revenue for the property and we pay the bills just like a normal tenant.
The Risk and Reward Option
- We manage the property for you, we market it through our normal channels and you take the majority of the income after cleaning, laundry and marketing costs.
- You are responsible for all the properties bills.
- You will be able to reclassify the property as commercial and therefore will be able to offset your mortgage interest against your income.
- You will be able to have one property on small business rate relief.
- You can claim capital allowances against the property thus reducing your tax liability much further.
- The only risk is the potential seasonal fluctuation of the revenue.
So, if you are a landlord in the Newark area why not contact us to discuss which option best suits your appetite, we will be happy to show what the earnings have been, in spite of two lockdowns!
