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Guaranteed Rent across South London

Introducing our Guaranteed Rent Scheme, a stress-free solution designed
specifically for landlords, investors, and developers.

What is our Guaranteed Rent scheme?

Our Guaranteed Rent Scheme in South London.

We will pay you a fixed monthly rent for an agreed period of time (3 to 5 years). During this time, we will operate the property as Serviced Accommodation, where we provide short-term accommodation to paying guests. As we require the property to be kept in an immaculate condition, we will handle upkeep and ensure the property is kept very well maintained.

A better way to let your house or
apartment in South London.

We are landlords ourselves, so we understand that handing your property over to someone is a big decision.
Tenants can be a nightmare and agents can be unreliable. Here at Parea Living we do things differently.  Through our
Guaranteed Rent service, we provide landlords in South London with…

How can we help with your serviced accommodation in South London?

Our goal is to simplify and elevate your serviced accommodation experience. Our hands-free serviced accommodation management in South London, ensures you receive a higher return on your investment without the stress of day-to-day operations.

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A better way to let your house or
apartment in South London.

Our offer is simple; we will look after your property to an excellent standard,
whilst providing you with a reliableand more profitable income stream.

Excellent condition

From the onboarding process through to the ongoing rental period; Our mission is to ensure the entire process is completely hassle-free for you. Meaning no emergencies, no problem tenants and maintenance taken care of.

Excellent condition

We’re required to keep the properties in an immaculate condition for our guests. Each house is professionally cleaned at least weekly, maintenance is addressed within hours and general decor is kept on top of year-round.

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Maximise your yield

Forget void periods, unnecessary maintenance costs and late payments. Our guaranteed rent in South London removes these problems associated with normal tenants and simply provides stable, on-time, guaranteed rent each month.

Get your Guaranteed Rent offer

Too many things in life are overly complicated, our guaranteed rent service is not one of them! All of
the complicated steps are done for you, to provide you with a simple 3 step process for you.

One word for this company AMAZING. The team took over my property with minimal fuss. They have been very welcoming, professional, understanding and most of all a great help when i need them the most.
Dominic
Investor
We have received great results since Parea Living took over the management and achieved the performance exactly as described. We are considering to bring more properties under Parea Living in coming future.
Nicholas
Property Owner

Hear from our happy landlords

As landlords ourselves, we understand that putting your property into our hands is a big decision. With Parea Living, you can rest assured knowing that you’ve made the right decision.

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Who uses the property?

We are a high-quality serviced accommodation company. This means that we provide fully-serviced stays for our clients. These clients pay to rent the entire property on a short-medium term basis. They generally need accommodation for a period too long to stay in a hotel, but too short to sign up to a traditional AST. These clients are usually people working on projects in an area or families relocating. Whatever the reason, we fully vet the clients to ensure that we only allow respectful and reliable people into our homes.

How much rent can we offer?

This all depends on where the property is, as well as the condition and facilities available. We have a complicated formula that then works out what rent we can offer, but we won’t bore you with that!

Generally, our offers are +/- 10% of the standard market rate for your house. When you consider that your costs, fees and voids are next to nothing, the vast majority of landlords would always be better off with us.

Ready to get started?

Our application process is easy and efficient. Contact us today to find out how much
you could make through our Service Accommodation management service

Apply

Complete our online application form in just a couple of minutes. We will then arrange the viewing.

Get Your Offer

Within 24 hours of viewing, we will provide you with your offer. Take your time to decide or ask questions.

Get paid

Should you accept the offer, we can generally start renting the house within 7 days notice.

We're proud of our homes​

We are proud of the work we do and how well we look after all of our guaranteed rented homes. Use the sliders to see just a few of our transformations.

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Your questions, answered.

Who is in charge of maintenance?

Responsibility for any repairs resulting from our or our guests’ actions will fall solely on us. While the owner maintains traditional responsibility for general property maintenance and structural issues, we offer to cover expenses up to £250 per year as a goodwill gesture to facilitate a more hands-off experience for owners. For instance, if a boiler repair costs £120, we’ll handle the payment. We’ll oversee all maintenance tasks, and if costs exceed £250, we’ll reach out to you for further discussion.

Can you explain guaranteed rent?

Guaranteed rent involves landlords, developers, and property investors receiving a predetermined rental income over a specified duration. This income isn’t contingent on tenants and is provided directly by the management company, irrespective of property occupancy. In our scenario, we ensure payment at the fair market rate and typically seek agreements spanning five years.

How do I receive rental payments?

Upon signing the agreement, our finance team will establish a standing order to your bank account, ensuring that the agreed rental installments are promptly scheduled each month until the agreement’s conclusion. You will consistently receive the predetermined rent amount each month, irrespective of the property’s occupancy status.

What happens at the end of the agreement?

As the contract draws to a close, we’ll communicate whether we intend to pursue an extension. If both parties opt for renewal, we’ll negotiate a new contract or extend the current one. If we mutually decide to part ways, we’ll return the property to you in a condition similar to when we initially acquired it, considering reasonable wear and tear.

What can I expect in terms of rental income?

Determining your rental offer involves several factors. Typically, we aim to provide a monthly rent payment within +/- 15% of the standard market rate for your property. Even if the rent falls slightly below the standard market rate, you may ultimately see more money in your pocket each month due to the cost-saving advantages of our guaranteed rent scheme.

What condition should the properties be in?

For us to provide guaranteed rent, properties must be in satisfactory condition. We can handle minor decorative repairs if needed. If you’re unsure, please submit an application, and we’ll assess it for you.

What size properties are we seeking?

We’re interested in properties of various sizes, but we’re especially interested in 2 to 5 bedroom properties.

How do you utilize the properties?

Our focus lies in delivering premium short-term serviced accommodation to corporate clients and travelers seeking a home away from home. To meet the escalating demand from our clientele, we partner with landlords under a guaranteed rent arrangement. This entails a specialized and time-intensive service, allowing us to charge guests a nightly rate that surpasses our rental payments and operational costs. Our profit is derived from this margin, as we impose no fees on landlords participating in our guaranteed rent scheme. It’s a mutually beneficial arrangement: landlords receive their agreed-upon rent hassle-free while their properties are well-maintained, and our clients enjoy the top-tier accommodation they seek.

Do I have to sign a fixed term contract with you?

Yes. We are looking for stable long-term partnerships of 2 to 5+ years with our landlords. If you believe that you may need the property back at some point, we can discuss adding break clauses at certain set intervals into the contract before signing.

What happens if the property is empty?

Rest assured, you need not concern yourself with this 😊 You’ll receive your rent every month without exception, even if the property remains unoccupied.