K. B. Wealth is a UK based residential property sourcing service focusing on buy-to-let and rent-to-rent sectors of the market. We source properties internationally, focusing on key cities in Europe; London, Paris, Geneva, Stockholm and Oslo to name a few.
The rent-to-rent sector of the market is an exciting opportunity for landlords for many reasons. One of the most desirable and beneficial factors is guaranteed rent for the landlord for the duration of the contract (usually 3 years). To the landlord that means for three years they will have no empty periods, no missed or late payments, no tenant queries or management and internal condition of their property is maintained; all of which provides the landlord with peace of mind and security.
In addition to all the beneficial factors above, K. B. Wealth offer the landlord 7% of the profit made each year from the property. This is paid as a lump sum at the end of each year dated the start of the contract.
Covent Garden – Average room rents out for £1,400pcm
2 bedroom property – landlord asking for £2,750pcm
We will change the reception room to a 3rd bedroom
3 bedroom property – now generating £4,200pcm
In one year, the profit made is £17,400. The landlord is paid £1,218 (7% of the profit)