4.8 on Airbnb w/ Superhost

Serviced Accommodation
Management in London

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

What is serviced accommodation management?

Serviced accommodation management is a comprehensive solution designed to make serviced accommodation ownership a hassle-free and lucrative experience.

For landlords, homeowners, and developers looking for serviced accommodation management in London, Parea Living is the ideal partner to maximise the potential of your properties without the stress.

Our service goes beyond traditional serviced accommodation management by combining innovative technology, data-driven strategies, and an exceptional guest experience

How can we help with your serviced accommodation in London?

Our goal is to simplify and elevate your serviced accommodation experience. Our hands-free serviced accommodation management in 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 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.

Over 50% Direct

Consistent Direct Bookings

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.

+14 Nights Avg LoS

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.

4.8/5 Avg Review

Maximise your yield

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

We cover all types of stays, to maximise your revenue.

While we accommodate all types of stay to ensuring maximum booking revenue, we specialise specifically on high-value,
long-term business stays, relocation stays & insurance stays. By specialising in these types of bookings, we can maximise the
returns from your Serviced Accommodation.

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.

4.8 on Airbnb w/ Superhost

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

Consultation

Reach out to us to chat about your property and its specific needs. We’ll give you initial advice and create a customised earnings projection just for you.

Onboarding

From interior design and professional marketing pics, to compliance and safety checks, we can make the whole process hands-off. We aim to have the property live in 7 days of receiving the keys.

Launch

Our experienced guest care team will take over, launching the property across 15+ booking platforms and driving demand from existing guest relations. It usually takes up to 1 week to receive the first booking.

Your questions, answered.

Who looks after maintenance?

Any repairs that are required because of the actions of ourselves or our guests will remain solely our responsibility.

While (as per a traditional tenancy) the owner will continue to remain responsible for the general maintenance of the property and the structure, as a gesture of goodwill we agree to cover costs of up to £250/year to try to make the whole process even more hands-free for owners. For example, if there is a boiler breakdown that costs £120, we would pay for this. We will arrange and manage the maintenance works and for anything that takes us over £250, we will contact you to discuss.

How much rent will I get?

This is a difficult one to answer as there are a number of factors that go into calculating our rental offer. As a rule of thumb, we’re generally able to offer a monthly rent payment within +/- 15% of the standard market rate for your property. Even when the rent is slightly lower than standard market rate, you’d likely end up with more money in your pocket at the end of the month thanks to the cost saving benefits of this guaranteed rent scheme.

What happens at the end of the agreement?

Towards the end of the contract, we will let you know if we would like to seek to extend the agreement. 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 condition as when we took it on (taking in. to account fair wear & tear).

What do you do with the properties?

We specialise in providing high-quality short-term serviced accommodation to business clients and guests that are staying away from home.

Therefore we work with landlords on this guaranteed rent basis to be able to accommodate the growing demand from our clients. This is a time-intensive, specialist service, and because of this we are able to charge the guests a nightly rate that exceeds that of the rent payments and our costs. This is where we make our profit as we do not charge our guaranteed rent scheme landlords any fees at all. It’s a win-win for everybody involved. You get your pre-agreed rent each month without an hassle and your property well maintained and our clients get the high-quality accommodation that the are looking for.

What is guaranteed rent?

Guaranteed rent is where landlords, developers & property investors are provided a pre-agreed rental income for a set period of time. The rent is not reliant on tenants and comes directly from the management company itself, regardless of the occupancy of the property. In our case, we guarantee the fair market rate and look for 5 year agreements.

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.

How do I receive rental payments?

Once the agreement has been signed, our finance team will create a standing order to your bank account that schedules the agreed rental instalments on-time each month until the end of the agreement. You will automatically receive the agreed level of rent each month, regardless of whether the property is occupied or not.

What happens if the property is empty?

This is not something that you have to worry about 😊 You will receive your rent each month without fail even if the property is empty.

What size do the properties need to be?

We are interested in properties of all sizes, however we are particularly looking for 2 to 5 bedroom properties.

What condition do the properties need to be?

Properties must be in a decent condition for us to offer guaranteed rent on. If any minor decorative works are required, we can take care of this. If you are unsure, please apply and we will look into it for you.