Rent-to-Rent Property & Multiple Occupancy Housing Business (Not currently Trading)

London, Greater London
REF: S08073

Asking Price:
£20,000
Annual Turnover:
TBC
Annual Net Profit:
TBC
REF: S08073
Photo of Rent-to-Rent Property & Multiple Occupancy Housing Business (Not currently Trading)

Overview

Tenure:
Relocatable
Established:
2017
  • Excellent reputation
  • Loyal customer base
  • Huge potential for growth

The business for sale is a rent-to-rent property and HMO (house of multiple occupancies) business, which is based in London. Established in 2017, the business has been growing steadily since its creation and has now gained an excellent reputation and a loyal customer base in the sector. Sadly, the vendors no longer have time for the business and are looking to sell.

This company rents properties directly from landlords on a fixed-term tenancy (normally a 3–5-year contract) and manages the property on the landlord’s behalf. They provide tailor-made commercial agreements and an all-inclusive package for their clients, including a regular cleaner, gardener, and Wi-Fi. The business then sublets these properties on a room-by-room basis usually as an HMO (house of multiple occupancies).

The business sale includes the relevant training, the website, and all contracts and documents used by R2R (record to report) investors. The company is ready to trade with a successful 4-year history, which means the new owner should be able to get to work straight away.

There is huge potential for growth with this business, as there is a massive opportunity to find properties to manage and represent. This fantastic business would be perfect for someone who is looking to start out in record to report (R2R) multiple occupancy housing (HMOs).

The business for sale has the option to be home or office-based and is fully relocatable, which should give the new owner a great deal of flexibility over their work location.

The website, bank account, 4-year-old limited company, training material, and all paperwork will be transfer over with the business sale.

The current owners are happy to stay for the initial transitional period following the business takeover.

Please note that the business is no longer trading.

This would be the ideal business for someone starting up in record to report (R2R) multiple occupancy housing (HMOs).

There is huge potential for growth with this business, as there is a massive opportunity to find properties to manage and represent.

Features

Online Presence

Location

Loading...
  • Relocatable
  • Home-based
  • Office-based
  • Close to local businesses

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

Refine

Miles
£
£
£
£
Timed popup