Investment opportunities from £70,000 offering 10% Gross Yield - Liverpool UK
Investment opportunities from £70,000 offering 10% Gross Yield - Liverpool UK
Basis of agency: fully managed service on a sole agency basis
Basis of agency: fully managed service on a sole agency basis
Letting Commission: £500 Property Letting fee - 50% payable at start, balance out of rent, in addition we charge a check-in / check-out / inventory charge of £300 .
Letting & Check in service including : marketing the property on Zoopla & Rightmove, letting board, conducting viewings, drawing lease documents, collecting deposit and setting up deposit protection scheme, preparing a video and photographic inventory, collecting meter readings and informing council & utilities of new tenants.
Management Commission: 12% of the rent due for the whole term of the tenancy with minimum fee of £50.
Other payments required from tenants: see attached AST fees.pdf e.g. key replacement, tenancy modification Additional services to be provided by Agent - the Agent reserves the right to charge administration fee of £20 or 20% (whichever is greater) for ongoing repairs / bills / emergency call out
Required every 10 years
Required every year where gas appliances installed to be conducted by a qualified gas safe registered engineer. Price includes boiler and one additional appliance. Any further appliances charged at £20 each.
From 1 July 2020 these checks are required every 5 years. To be conducted by a qualified electrical engineer
Landlords are required to ensure that all electrical appliances are safe for tenants to use. The law stops short on insisting upon PAT testing, however, it is recommended and may be mandatory where property licenses are required. Price is per property unit.
Legal requirement to have a working smoke alarm. Price quoted is a battery operated alarm. Where possible it is recommended to have linked alarms that are connected to mains power supply and have battery back up - price available on application.
Legal requirement to have a working carbon monoxide alarm in any room used as living accommodation where solid fuel is used. Whilst gas and oil boilers do not fall within this category, it is still best practice to install alarms. Price quoted is a battery operated alarm.
Legionella Safe Risk Assessments are the starting point of any legionella compliance programme
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Property Find 5% of property value or £3,000 which ever is greater - 50% deposit & balance upon completion
Project management of refurbishment at Cost plus 20%- budget agreed with landlord (50% payable at start & balance on completion)
Tenant / guarantor referencing / credit check -payable in advance - cost per person. Service includes as appropriate: previous landlord/agent, credit check, employer payslips and bank statements
We can act as license holder in Council run license scheme charged at cost plus 10%. Note costs are non refundable and liability ends when the contract ends.
Attendance (For Each Additional Hour) including travel time
Regular or one off clean and inspect service
Where landlord is registered with HMRC for the Non-resident Landlord Scheme and this agency has authorisation from HMRC to pay gross income to the landlord
Management of tax deductions for overseas landlords not registered under HMRC Non-residentLandlord Scheme - charged monthly from gross rent received
All prices are subject to VAT and percentage charged as a % of rent received