UK Real Estate Assets' strategy is to acquire and hold lettable properties long-term and increase their value over time. The company’s primary focus is on generation of strong, predictable monthly cash flows in the form of rental payments which grow at least in line with inflation.
The company searches for good quality homes whose capital value will grow in line with their local market. Criteria used in selecting new assets:
Pre-Tax Yield
Capital Protection
Location - City Centres
Transport Links
Jobs Market
Schools
Crime Rate
Rental Value Growth Potential
Quality
Anticipated Absence of Void Periods
Energy Efficiency
Standard of Decoration
Ability to Sell
Capital Growth Potential
The company purchases going concerns with tenants already in-situ.
All assets are managed by professional lettings agents. Professional agents are paid on a fully managed basis. Agents are responsible for tenant find, referencing, inventory, rent collection, maintenance, etc.
Properties are maintained to very high standards:
Decoration
Fixtures and Fittings
Good Quality Appliances
Attention to Detail
This approach attracts tenants who are reliable, want to renew their contract each year, and take good care of their homes.
Assured Shorthold Tenancy agreements are in place for all tenants and are renewed annually.