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Whatever your reason for letting a property, we understand every landlord is unique.
That's why Pure Investor have created a range of flexible landlord services to suit all your needs.
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Service
What's Included
Our Fees
Fully Managed
(Most Popular)
Tenant find: £600.00 inc. VAT
Management: 12% inclusive of VAT of monthly rental income
NO LET, NO FEE.
NO UPFRONT COST.
Tenant Find
Rent Collection
Tenant Find: £600.00 inclusive of VAT
Ongoing: 10% inclusive of VAT of monthly rental income
NO LET, NO FEE.
NO UPFRONT COST.
* extra charges apply
Here at Pure Investor we’re experts when it comes to the North West property market and our team of letting agents in Manchester understand the responsibilities that landlords face daily when it comes to owning and maintaining property.
That’s why we’re offering a unique service for landlords who are searching for letting agents in Manchester, who would like help and advice when it comes to managing their properties.
Our rental agents in Manchester can provide landlords with 3 different levels of management as part of the Letting service at Portfolio8. These management levels have been created for landlords with individual and unique requirements that our rental agents in Manchester aim to meet!
Whether you’re a hands-on or hands-off type of landlord, you can take advantage of our latest offer of our FREE Rent Guarantee Insurance offer by contacting our letting agents on 0161 337 3890 or email us on lettings@pureinvestor.co.uk.
Aside from our landlord property management service we also want to give landlords the opportunity to discover what the rental value of their property could be. Our free lettings valuation tool lets you do just this.
Step 1 – Enter your postcode and select your address from the list.
Step 2 – Include a few details about yourself and we’ll send you an instant lettings valuation.
Step 3 – Once you’ve received your free lettings valuation, feel free to speak to our landlord lettings team who can advise you on the next steps to letting your property and management options.
Understanding the current average rents across the UK is vital if you want to maximise the return on your rental property. Landlords will be pleased to know that since September 2018, average rental values have increased across all regions of the UK. The top 3 performing regions in the UK included Greater London, South East and East England.
| Greater London | Jan 2020 | Dec 2019 |
|---|---|---|
| Average Monthly Rental Value | £1,627 | £1,630 |
According to research from HomeLet, the borough with the highest average rate from December 2019 was Westminster at £2,427 and the borough with the lowest average rent as of December 2019 was Ealing at £1,370. Overall rents in London have increase by 4.4% when comparing January 2019 to January 2020. Naturally the rental price of a property depends on its location, number of rooms as well as amenities such as nearby schools and transport links.
| South East | Jan 2020 | Dec 2019 |
|---|---|---|
| Average Monthly Rental Value | £1,021 | £1,023 |
Although the South East saw a minor decrease of -0.1% in annual variation of rent (January 2019 average rents came were £1,022) it stills holds the second spot for highest average rental figures across the board.
| North West | Jan 2020 | Dec 2019 |
|---|---|---|
| Average Monthly Rental Value | £764 | £756 |
The North West is still a fantastic place to invest and with average rents at around £764 you can easily see the attraction, especially with cities like Manchester coming out top as a buy-to-let hotspot. Depending on where you choose to purchase a property in the North West, you could see rental yields as high at 12% for a HMO property or 7% for other property types.
| Region | Jan 2020 | Dec 2019 |
|---|---|---|
| South West | £851 | £840 |
| East England | £907 | £913 |
| West Midlands | £699 | £700 |
| Scotland | £666 | £654 |
| Northern Ireland | £662 | £666 |
| Yorkshire & Humberside | £651 | £655 |
| East Midlands | £656 | £662 |
| Wales | £650 | £653 |
| North East | £540 | £553 |
If you would like more information in regards to our landlord property management services, please get in touch with our team for further details. We’re also offering landlords a chance to take advantage of our latest offer of our FREE Rent Guarantee Insurance by contacting our landlord lettings agents on 0161 337 3890 or email us on lettings@pureinvestor.co.uk.
You might have picked the location but do you know if the right type of tenant is in that area? The Private rental sector has seen more young people between the ages of 16-34 in the last 20 years, with many of these likely to be young professionals, couples or those looking to start a family.
If you’ve got your sights set on London for example, it’s good to know that people aged between 25 and 34 make up the highest proportion of London’s population, which is the highest age demographic for renters, especially within the city centre.
Understanding your type of tenant will guide you in your search for the right type of property. However when it comes to picking your property type, you also want to understand what tenants are looking for.
If you’ve decided you want to find tenants that are more in the 25-34 age range and are thinking of starting a family, your property needs to accommodate this. In this case, you might want to look for a 3-4 bedroom property, with a garage or suitable parking and perhaps even a garden. According the data from Zoopla, these are features of the home renters commonly look for.
For young professionals who want to live in the buzz of a city centre, you might look at flats or apartments in London. Depending on the borough you decide to target, a 1 bedroom flat could reach as high as almost £2,500 a month in rent, where as other areas could still provide a lucrative £900 a month on average.
Our free lettings valuation tool is highly intelligent and uses a sophisticated algorithm which analyses over a million pieces of data from the rental market. Our tool also integrates the feedback of landlords regarding letting prices and definitive data from the land registry. This ensures the data we provide you includes accurate and up-to-date rental values.
The rental value of your property depends on several features;
Aside from housing features, the location of the property plays a big part in the overall valuation. Our tool also takes into consideration what other properties have been rented in the area of your property.
Location based factors taken into consideration includes;
For landlords who may be looking to purchase a property in a new area or you would simply like to find out how much rent you could charge per month, our tool is there to give you a helpful guide price on the rental value.
Although our tool uses a spectrum of data sources to create your free lettings valuation, our landlord lettings team is experience in providing face-to-face valuations to ensure you receive the most from your property. Feel free to contact our team today if you have further questions about our free valuation tool or landlord property management packages.
