Why you should pick Kingdom Houses
See the worked example below representing a small six bedroom house in West London, Ealing. This is a real world example comparing a family let through a high street agent against giving your property to Kingdom Houses.
Regular Let | Kingdom Houses | |
Monthly Gross Rent: | £3,500 | £3,150 |
Annual Gross Rent: | £42,000 | £37,800 |
Minus annual costs: | ||
Typical void period 1 month: | £3,500 | £0 |
Annual tenant finding fee 8%+VAT: | £3,696 | £0 |
Annual management fee 5%+VAT: | £,2520 | £0 |
Inventory & tenant onboarding: | £650 | £0 |
Annual Net Rent: | £31,634 | £37,800 |
Your Monthly Profit: | £2636 | £3,150 |
Profiting you £6,168 more per year or £30,840 more over the typical five year arrangement.