Our primary goal is to alleviate the burdens of property rental for landlords, especially during times of uncertainty. Managing your property rental can be overwhelming when navigating it alone, especially with tenant problems, void periods and letting agent fees, which is why we step in to offer our assistance. Landlords frequently turn to Smart Property World for the invaluable peace of mind provided by our Guaranteed Rent service. We shoulder the entire burden of tenancy risks, allowing you to sit back, relax, and enjoy a consistent rental income without worry.

What we do is rent your property from you as a whole, and then rent out the rooms individually to tenants. This is known as 'Rent to Rent'.  We would decide on what strategy to use, either House of Multiple Occupation (HMO) or Serviced Accommodation (SA). HMO is for long term lets, and SA is for short term lets, usually a minimum of 3 days at a time. This doesn't affect you of course but it's good for you to know how it works. You just need to sit in your armchair, watch the money coming in to your bank account each month and smile.

For short term lets (SA) we have professional cleaning and linen change companies that service the rooms. This  MUST be to a high standard as our reputation is at stake and it affects our ability to get tenants and good rental prices. The benefit here is your property is well maintained because our professional cleaning teams are also required to inspect and photograph any issues and report back to us regularly (this also includes safety tests and checks).

Sometimes there is no work to be done, it depends on your property and how it is laid out. Sometimes we will split a big room into two smaller rooms by adding a stud wall. The most extensive work would be to convert a garage into a room. In any case, works would of course be agreed with you beforehand. We would also discuss and agree whether the works / modifications would remain in place at the end of the lease period or not. You may want to keep it as modified or revert back to the original layout. Usually we pay for any works as this is included in the formula we use to analyse your property.

Firstly, we have a highly successful tenant marketing strategy that regularly attracts good quality tenants. We also have our own database of high quality professional repeat renters. We also have accounts with commercial companies who need short term accommodations for their employees. 

We calculate the rent we give to you, the cost of anything to us such as modification works, advertising, repairs, legal paperwork, utilities, amenities, day to day running  etc. then we work out how much we can increase the overall monthly rental income from tenants in multiple rooms. We can then calculate our profit margin. If everything stacks up, this is a Win/Win for everyone, You, Us and the Tenants.

So, in basic terms, you get your rent every month from us, we rent out multiple rooms at a higher rent and the difference is our profit minus costs.