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Increase your rental income by running your own Serviced Apartments in Nottingham

Serviced Apartments, Serviced Room by Room Letting - International Students - Let Insurance

Let Your Apartment To International Students.

It's a competitive lettings market out there and landlords with properties near to local Universities or in cities attracting higher paid young professionals, should consider tapping into these lucrative letting sectors.

Many young professionals or International students are looking to share a high standard apartment, so there has been a growth in demand for good standard serviced rooms.

Consider These Questions;

1) Do you have 2 bedrooms each of a size that would attract a tenant in each room.

2) Is your property in an area that will attract higher standard students, and is located reasonably near to a university.

Financial Controls & Tenant Conduct :

Example 2 Bedroom Flat:

1) Include Utility Costs in the rental (Electricity / Gas if any / Water charges) approx £200 pcm (£100 per room)

2) Include the cost of a monthly cleaner in the rental approx £50 ( £25 per room)

3) Full time students are usually exempt from Council Tax, but must register through their university.

Legal Tenancy Agreement:

Landlord Direct have designed an Assured Shorthold Tenancy Agreement to meet the requirements:

1) Individual Room let in a shared apartment or house but joint liability for dilapidations

2) Specialised deed of guarantor

3) Inclusive of gas / electricty / water charges, but covering the landlord for costs over and above.

Legal Guarantor System : China Agent:

Many International students will pay the rental due for the entire tenancy period fully in advance. Cash should not be accepted in these circumstances the money should always be transferred from the student's UK Bank Account, and students should provide proper identification such as their passport.

Take a Tenancy Deposit which is adequate to cover normal dilapidations seen to be beyond fair wear and tear.

Many of the most prosperous International Students come from China, and there are 1000's of Chinese students who come to study at our U.K. Universites.

READ MORE ABOUT CHINA PARENTAL GUARANTOR SYSTEM

 

Rightmovestudent, Findaproperty, Primelocation, Gumtree,

Powerful internet advertising Rightmovestudents aimed at higher standard properties for students.

For more information please drop us an email us

Trust & Secure Payment

Landlord Direct  sets up 1000's of lets a year, all registered agents must be  members of the Client Money Protection Scheme, this is essential to make your prospective guests, feel secure and happy in making payments.

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