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Guaranteed Rent in Castlefield, Manchester

53 Degrees Property provides landlords and developers in Castlefield, Manchester with guaranteed rent on long-term contracts with no voids, rent arrears or agency fees. On top of that, the house is kept in pristine condition throughout the tenancy and cleaned a minimum of once per week.

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Do you have Rental Properties in Castlefield?

Remove the normal stresses involved with letting out a property in Manchester and choose the hassle-free way with 53 Degrees Property. We can guarantee rental income at fair market value or above, paid on time, every month. 

We take care of everything, including all the tenant’s queries, the maintenance costs and professional cleaning of your Castlefield house or apartment. 

Complete our Guaranteed Rent enquiry form with your contact details today to discover more about our Guaranteed Rent service in Castlefield. 

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What is Guaranteed Rent

Are you looking for Guaranteed Rent, on time, every month?

Guaranteed, also known as ‘rent to rent’, is a service that offers landlords a steady, risk-free rental income. It involves signing a contract with an agent, such as a Manchester property management company like 53 Degrees Property, who then sublets the residence. They may use it as a holiday let or rent it out to long-term occupants. 

Guaranteed rent agreements are typically 3 to 5 years but last much longer if both parties are happy which is usually the case. During this time, you will receive fixed, regular payments regardless of how much income the property is generating or whether the property is empty or full.

Throughout the contract, the guaranteed rent company is responsible for all aspects of property management and maintenance. See the Frequently Asked Questions below to see what is included under maintenance.

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Are Guaranteed Rent schemes worth it in Castlefield?

Guaranteed Income

Our guaranteed rent in Castlefield service means you’ll receive rental income, on time, every month! We pay you rental income even if your Castlefield property is empty or we don’t let the property out to any guests.

Long term contracts

We strive to build strong relationships with Castlefield landlords and provide guaranteed rent on a hassle-free long-term contract. We complete annual reviews and can extend the contract if both parties wish. 

No tenant issues

Rent your Castlefield property the stress-free way with 53 Degrees. We handle all issues at the property, so you won’t have to chase payments, make maintenance calls and or pay for an expensive eviction process. No more viewings being cancelled, missed payments or expensive maintenance! 

Local to you

We’re a local Manchester property agency offering guaranteed rent for landlords and Developers. We also offer our scheme in Crewe, Chester, Dorset, Liverpool, London and Leeds. 

High property upkeep

Our service includes the upkeep of your Castlefield properties. Weekly professional cleaning (as a minimum) ensures your property stays looking its best. We understand some of the worries involved with owning a rental property, that’s why we install security cameras and noise monitoring technology for your peace of mind. 

No maintenance costs

Under Guaranteed Rent, we are responsible for all wear and tear of the property. We take a deposit from our clients to cover all maintenance, wear and tear, and general upkeep so you won’t have to worry about any D.I.Y or handling requests from tenants. 

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What properties work for Guaranteed Rent in Castlefield?

All types of Castlefield properties work for Guaranteed Rent. Whether you have a 1-bed apartment or a stylish townhouse, we will send you an offer that will vary depending on the location and the standard of the property.

The best properties that receive the highest offers will be in a good location, have parking, a garden or outdoor space, and be finished to high standard. 

If your Castlefield property doesn’t meet the above criteria, don’t worry! The property does not need to be in a good decorative condition as we can advise on what needs to be done and help to refurbish the property to bring it up to our standards in the most cost-efficient way.

If you are unsure, then please contact us and we can discuss options with you.

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How does Guaranteed Rent work in Castlefield?

1. Application / Property Approval

Once you’ve filled out the guaranteed rent enquiry form, we will review your property/application and do a small amount of background research on your Castlefield property so that we can provide you with a quick estimate for our offer.

We’ll then get in touch to let you know what your property in Castlefield, Manchester is potentially worth and will look to arrange a viewing as soon as possible. We always aim to offer market rent or above for your property. The amount we can offer varies depending on the size, location and desirable features the property has such as parking and a garden.

2. Agreement / Viewing

Once we have viewed your Castlefield property, we will provide you with a revised formal offer within 24 hours, which you are free to accept or reject.

This offer will include our terms, the length of the contract (usually 3-5 years), our plans for any work needed that we’ll complete and detailed rent payments.

We are very flexible when it comes to terms and welcome any suggestions from landlords or agents who operate in Manchester.

3. The Tenancy Starts

Once the terms of the guaranteed rent agreement have been confirmed with you as the landlord, we will take responsibility for the upkeep of the property and pay the first rental instalment.

We’ll arrange any works that need to be completed to upgrade the property (if necessary) and begin to use the property in Castlefield to provide our clients in the area with high-quality serviced accommodation. After the property is set up, we always encourage our landlords to view the property in its full glory.

4. Annual Review

Towards the end of the contract, we will let you know if we would like to seek to extend the contract. In most cases, we will look to complete an annual review where we show our intention to extend the contract.

If both parties agree to renew, then we will discuss a new contract, or simply extend the existing one. Should the parties agree to go our separate ways, we will return the property to you in the same, if not better condition as when we took it on.

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Guaranteed Rent / Rent to Rent in Castlefield FAQs

The guaranteed rent scheme in Castlefield, Manchester is a service offered by reputable property management companies, real estate agencies, and local councils. Under this scheme, landlords enter into an agreement where the management company guarantees a fixed rental income, regardless of the property’s occupancy status. This initiative aims to provide property owners in Castlefield with a stable income and hassle-free property management experience.

The guaranteed rent scheme in Castlefield offers numerous benefits to landlords. Firstly, it ensures a reliable and consistent rental income, eliminating the worry of void periods or late payments. Additionally, landlords are spared from the administrative hassles of managing tenants, property maintenance, and legal obligations. This scheme also provides peace of mind, knowing that the property is professionally managed, and landlords are shielded from the complexities of the rental market.

Yes, the guaranteed rent scheme in Castlefield is applicable to various property types, including residential houses, apartments, student accommodations, and commercial properties. Whether you own a single property or multiple units, you can explore this scheme to ensure a stable income stream from your investments.

The guaranteed rent amount in Castlefield is typically determined through a thorough market analysis and property evaluation conducted by the management company. Factors such as the property’s location, size, condition, and market demand are considered. The rent offered is competitive yet slightly below the market rate, providing landlords with a fixed income while ensuring the scheme’s viability for the management company.

Yes, our property management company in Manchester offers customised guaranteed rent agreements tailored to meet the specific needs of landlords. Landlords can discuss their preferences, such as the duration of the agreement, services included, and any additional requirements. Our customisation options allow landlords to have a more personalised experience while enjoying the benefits of the rent to rent scheme.

When you choose our Castlefield guaranteed rent scheme, we’ll manage all property maintenance, and repairs using a portion of the rental income to cover maintenance costs and ensure that the property is well-maintained. Castlefield landlords are relieved from the burden of organising repairs or renovations, making the scheme particularly attractive for those looking for a hassle-free investment experience.

Landlords participating in the Castlefield guaranteed rent scheme receive comprehensive support from our Manchester property management company. This support includes tenant management, property maintenance, legal compliance, and timely communication regarding the property’s status. Our professional support ensures that landlords can confidently entrust their properties to 53 Degrees, knowing that their investments are in capable hands.

Knowledge base

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Get a FREE Guaranteed Rent Valuation

Please fill out the form below and we’ll get back to you within 24 hours by call or email with a guaranteed rent quote for your property. You can also call us on 0330 058 0165 or email us at info@53degreesproperty.com

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