Case Study: Guaranteed Rent for Landlords in Enfield – Edmonton HMO Transformation
Overview
Revive Property took over the management of a neglected HMO in Edmonton, Enfield, and transformed it into a fully compliant, professionally run property. By handling all aspects of renovation, tenant replacement, and HMO licensing, we provided the landlord with a stress-free, secure income under our guaranteed rent programme.
The Challenge: Poor Tenant Fit & Lack of Compliance
The landlord faced issues with a high tenant turnover, rent arrears, and unresolved disputes. The property had not been properly maintained by previous management, and compliance with Enfield’s HMO licensing laws was a concern, putting the landlord at risk of legal penalties.
Our Approach: Strategic Renovation & Full Licensing Support
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Licensing & Compliance: Revive Property ensured that the property met all Enfield’s HMO licensing requirements, handling the process from application to final approval.
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Renovation & Refurbishment: The property needed substantial improvements.
We carried out:
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A full refurbishment of the communal areas to create a modern & welcoming environment.
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New flooring, fresh paint, & updated fixtures, elevating the property’s appeal.
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Kitchen & bathroom upgrades
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Safety Compliance: Essential fire safety equipment, including fire doors and interlinked smoke alarms, was installed to meet regulations.
Guaranteed Rent & Complete Management Solution
Revive Property offered the landlord a three-year guaranteed rent agreement, ensuring a fixed monthly income with no interruptions. Our all-inclusive management services included:
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Tenant Replacement: We swiftly replaced unsuitable tenants with carefully vetted professionals, improving the living environment.
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Property Maintenance: We took full responsibility for property upkeep, providing a hassle-free solution for the landlord while ensuring the property remained in top condition.
Results & Landlord Feedback
Since partnering with Revive Property, the landlord has received guaranteed rent on time every month, while the property has been kept fully compliant and let to reliable tenants. The transformation resulted in a low-maintenance investment for the landlord.
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What type of company are you?Some people may refer to us as estate agents but we’re far from that. We would call ourselves property managers, specialists in managing properties for landlords and providing accommodation for professional tenants.
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How do you differ to regular agents/managers?Our aim is to give the landlord complete peace of mind. We guarantee your rent for anything up to 5 years, regardless of the property’s occupancy and essentially become your perfect tenant. In addition to all the benefits and services we offer we feel the major differentiator is that we have a complete vested interest in your property. We do not simply get a % fee once the property is let; we have to ensure the property is running at its maximum capacity at all times. You can rest assured that once we take on your property we will look after it as if it were our own.
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Why should I trust you?We can always put you in touch with landlords we have worked with in the past. Our sole premise at Revive is to build long standing relationships built on confidence and trust with both our landlords and agents. We are completely transparent as a company in how we operate and our aim is to provide an honest and efficient service to all involved.
Contact Revive Property Today
If you're a landlord seeking guaranteed rent in Enfield, get in touch with Revive Property. Let us manage your property and provide you with a hassle-free income stream. Call 0208 144 9135 or email contact@revivepropertyuk.com today.
2-8 Games Road, 2nd Floor Woodgate Studios, Barnet, London, EN4 9HN
T: 0208 144 9135