This happy client is delighted with the turnaround of his underperforming rental asset and who wouldn’t be with + 43.83% increase in net income.
Swiss Client - 1 bed Property in Kensington
Instructed Property Wealth Management 1st March 2018
Rent at time of signing in with PWM = £851.15 PW (£3688.33 PCM)
PWM First Rent review 18th December 2018 rent increase to £ 1,100 PW (£4576PCM)
(Existing tenant - Estate Agent said no rent increase possible, we proved them wrong)
Property Wealth Management succeeded and achieved + £12,940.20 annual increase in rent or +29.2% on previous rent from an existing tenant who was paying too little and was happy to increase.
The Estate Agent said no rent increase possible, we proved them wrong.
The good news gets even better as our client enjoys a cost saving on target for £ 22,853 over 4 years.
Money in the bank for our client.
Over last 2 years:
Extra rent received £25,880.40
Savings for 2 years £12,926
Total cash in the bank increase £38,806.90 in 2 years or £19,403.45 a year on average
£19,403 annual increase in net income divided by £44,259.80 (previous rent) x 100 = + 43.83%
This happy client is delighted with the turnaround of his underperforming rental asset and who wouldn’t be with + 43.83% increase in net income.
Making clients more money is at the core of the Property Wealth Management’s new and effective strategies.