Thanks to notoriously stringent rental regulations, managing an investment property in London can prove extremely time-consuming for landlords, whether you are local or live overseas.
Employing the services of a professional property management company can provide investors essential peace of mind.
An experienced London agency will thoroughly vet tenant applications in accordance with UK laws, conduct meticulous rental background checks, and prepare guaranteed rental payment plans. This ensures rental income stability while reducing vacancies. Additionally, reputable London property managers are vital for timely maintenance facilitation and 24/7 emergency repair services.
By serving as a reliable intermediary between landlords and tenants, a London property management company enables hands-off ownership and minimises headaches for landlords who don’t want the hassle of managing their properties. With a rigorous tenant placement process coupled with around-the-clock property monitoring, real estate investors can sit back while their London agency handles every intricate detail related to their rental units.
If you own a rental property in Bethnal Green, London, here are the top property management agencies.
UpperKey
UpperKey has plenty of experience managing properties in this up-and-coming area of London. It’s been in operation for 15+ years, so the team at UpperKey has a lot of experience in the London property management sector. They provide a full service for landlords, including zero-fee property management, all-inclusive packages with zero-onboarding fees and 12 months rent paid in advance, and useful things like Airbnb concierge services.
Property owners can rely on a Bethnal Green property management company like UpperKey to manage their Airbnb or long-term rental. UpperKey acts as a primary tenant, so you can sit back and forget about your investment, knowing it is in safe hands. For landlords hoping for a reliable income from a short-term rental investment property, UpperKey knows how to streamline the process; they will list the property on all the top platforms, including Expedia and Booking.com. This will maximise your income.
Because the service is so flexible and well suited to landlords hoping to use a platform like Airbnb, If you want a hassle-free experience, UpperKey is definitely our number one pick.
Ellis & Co
Ellis & Co is a more traditional property management company that serves the Bethnal Green area and has been operating for around 20 years. Ellis & Co is a franchise and the owner is a member of the Association of Residential Letting Agents for additional peace of mind. If you are looking for a property management company to manage your Bethnal Green house or flat, Ellis & Co offers bespoke solutions depending on how involved in the process you want to be.
For example, you can use Ellis & Co to find a tenant and thereafter manage your property, or hand over your entire portfolio and forget about it. Ellis & Co can handle compliance issues, routine matters like rent collection, and also property inspections and maintenance. Each branch of Ellis & Co is managed by a local expert, so your property will be in safe hands. If you are looking for a long-term tenant and steady income, Ellis & Co may be what you need.
Elms Estates
Elms Estates is an independent estate and letting agent in Bethnal Green. Like any local agent, the team at Elms Estates is familiar with the local area and well-placed to work with local property investors. They can help you achieve the best price for your rental property in the current market conditions. Elms Estates takes pride in offering a more personal service and if you want to deal with the same person from day one, this could be the letting agency for you.
Elms Estates offers a let-only service where they find a tenant and set up a tenancy agreement as well as collect the deposit and first month’s rent. They also offer a full property management service that includes tenant finding, property maintenance, tenant checks, check-in and check-out, and anything else required.
Lloyds Residential
Lloyds Residential has branches in Bethnal Green and Woodford Green. Lloyds Residential works with local landlords hoping for a long-term income from their properties in Bethnal Green. The team can give you a realistic rental value based on their expert knowledge of the local area. For anyone wanting a full property management service, Lloyds Residential can also help. They will also provide a full property management service if you don’t want to worry about the day-to-day management.
Lloyds Residential will help you prepare your property for letting, market it on the most popular websites like RightMove and Prime Location, and manage prospective tenants. Once an offer has been agreed, they will conduct all applicable checks, and handle the check-in process.
Hall’s Property Group
Hall’s Property Group covers Bethnal Green and is a family-run business with more than 30 years of experience. The agency provides a property management service for residential landlords and can accommodate your needs whether you are looking for a simple tenant-finding service or more.
The letting agents at Hall’s Properties will visit your property to provide you with a rental value based on the current market and the property’s current condition. Hall’s Property Group will market the property and find a tenant. The agency offers three levels of service to suit all budgets. It can also work with HMO landlords and property investors with larger portfolios. If you want to work with a local Bethnal Green property management agent, Halls Property Group might be the one for you.
When choosing a property management agency for your Bethnal Green property, it is important to thoroughly evaluate all the services on offer from your shortlist of candidates. Not all agencies offer the same level of service, and the company you choose needs to be a good fit for your business model. For example, if you are primarily interested in short-term lettings, look for a property management agency that offers this as a service.
Always work with a reputable agency that has good reviews and a long-standing reputation for good customer service. This will prevent a lot of future headaches.
