SERVICED ACCOMMODATION
What is Serviced Accommodation?
Serviced accommodation consists of fully furnished apartments that offer hotel-like amenities and services, while providing enhanced privacy, security, and a homelier atmosphere.
These properties are typically situated in convenient, high-demand locations, including:
- Tourist destinations
- Business centres
- Universities and schools
- City centres
- Hospitals
- Train stations
- Airports
They can be rented on a nightly basis, giving you greater flexibility compared to traditional long-term rental agreements.
MANAGED SERVICE
We specialise in seeking properties available for rent and providing a fully managed solution that ensures consistent, reliable income, without the burden of agency fees. Our approach ensures a hassle-free, profitable experience for property owners, with a focus on efficiency and quality.
Unlike traditional letting arrangements, our Managed Services offer the following key benefits:
Guaranteed monthly rent, paid in advance
- No agency fees (0%)
- Comprehensive coverage of maintenance and bills
- Professional cleaning after each stay
- Long-term contracts (1-5 years)
- Regular property inspections after every guest stay
- No void periods
- Property maintained to the highest standards, in showroom condition
- Peace of mind, with no Section 8 or Section 21 challenges
PARTNERING WITH ESTATE & LETTING AGENTS
We collaborate closely with estate and letting agents to offer an alternative to traditional letting arrangements. Instead of entering into a standard Assured Shorthold Tenancy (AST), we establish a corporate letting agreement, allowing the agent to charge us a management fee in addition to the fee they would charge the property owner.
Our solution streamlines the process by removing the typical administrative burdens. We conduct weekly photographic inspections of the property, which are shared with the letting agent, ensuring the property is consistently maintained to the highest standards.
Additionally, we offer the letting agent an annual fee, ensuring they continue to receive compensation similar to a traditional managed renewal, while providing them with a hassle-free, long-term partnership. This approach benefits both the agent and the property owner by ensuring seamless management and maximising the property’s potential.
In simple terms:
We offer your landlord a guaranteed rent agreement for a duration of 3-5 years, with payments made directly to your client account, regardless of whether the property is tenanted.
You will receive your guaranteed management fee with no exceptions or disputes.
All maintenance is provided at no additional cost, with each property maintained to the highest standard. While you have the option to be involved in this process if preferred, it’s entirely optional.
We also handle additional insurance coverage to protect against any tenant-caused damages, ensuring added security for both you and your landlord.
Payments are made reliably on the same day each month via standing order.
BUY TO SERVICED ACCOMMODATION INVESTMENTS
Serviced accommodation has emerged as one of the most sought-after property investment opportunities in the UK, thanks to strong demand and rising rental yields. However, selecting the right property in the best location at the right time can be a complex task.
NST Property is here to help simplify the process. With wealth of experience, our team specialises in maximising rental income for property investors through our Buy to Serviced Accommodation strategy.
We offer comprehensive support, from sourcing the ideal property to managing tenants, overseeing refurbishments, and handling dealings with agents and solicitors.
CORPORATE LETTING RENT TO SERVICED ACCOMMODATION
At NST Property, our investor specialists excel in maximising returns through our Rent-to-Serviced Accommodation (R2SA) investment strategy. We focus on generating medium to long-term corporate bookings for our properties, ensuring steady and increased cash flow for our investors.
We are dedicated to building a robust portfolio by enhancing our investors’ approach to short-term lets. Our comprehensive service covers everything from sourcing properties to managing guests, enabling our investors to achieve high returns with minimal effort.
We work with hospitality with continued support to this sector offering fully furnished properties to the highest standards to holiday makers.
Our R2SA model offers the potential for substantial monthly cash flow from a relatively modest initial investment. With strategic planning, your investment can significantly grow over a few years, providing impressive returns.
Join us in establishing your R2SA portfolio in sought-after UK locations, drawing on our extensive experience in this profitable market.
RENT-TO-BUY SOLUTIONS
We are proud to offer a unique Rent-to-Buy scheme designed to help individuals who are unable to afford a traditional deposit to purchase their own property. Our approach allows you to secure a home with a clear path to full ownership.
Here’s how it works:
- We agree on a sale price and draft a tailored contract.
- A rental period and monthly rent are then agreed upon, along with an additional amount that will be saved towards your deposit.
- At the end of the agreed rental period, the accumulated deposit fund will be sufficient to cover the 10% deposit required for a standard bank mortgage on the original agreed sale price.
From day one of the rental/purchase agreement, the property will be considered your home, and after the rental period, you will benefit from any capital appreciation that the property has gained during this time.
Unlike shared ownership schemes such as Help to Buy, our Rent-to-Buy solution provides you with 100% ownership of the property, ensuring a clear and direct route to full home ownership.
CONTACT US
Please get in contact via our contact page and we will get back to you as soon as we can.
CONTACT US