Managing student rental properties can be a tricky business. In most cases, students stay in one place for just a year before moving on to somewhere else. Keeping on top of this is time-consuming and demanding – and that’s without factoring in collecting rent from multiple tenants. At Clarke Munro, we aim to make the process easier with our TS1 Student Accommodation division.
Our client, Jamie Davison, has seven properties totalling 39 rooms in the local area that he lets out to Teesside University students.
Identifying with the student population, and encouraging them to view and lease properties can be a fraught process. Jamie needed a firm who could relate to the students and fill his rooms.
“I came across Clarke Munro after visiting all the agents in Middlesbrough,” he said. “I was looking for a firm that would be able to manage my portfolio of student rental properties and decided on Clarke Munro’s TS1 division after realising they had the best exposure to the student market.
“Managing student property is hard - infinitely harder than single-lets! I needed to find an agency that could provide the best service for me and maintain a high occupancy rate in my rooms.”
Knowing that we have won landlord of the year from the Teesside University Students Union Accreditation Scheme several times and the fact we have a great relationship with our local student population persuaded Jamie to choose us as his agent.
“With my rooms being recently refurbished to the very best standard, I wanted to associate with the best property manager,” he said.
“It’s nice to know exactly what’s happening with your portfolio, and they communicate this really well.”
Since our student accommodation team started working with Jamie, we have found 105 students for Jamie’s seven properties.
Jamie said: “They are a young team which has a great relationship with the student population and results in my rooms being filled.
“Being fairly young myself, we seem to get on well and the communication is always great. I could work with other agents, but TS1 consistently impresses me, so I choose to stay loyal.
“On the management side, they are very helpful whenever I have a query or ask a question which makes my life easier.”
“I absolutely recommend TS1 Student Accommodation for student rental properties. They are professional, communicate well and keep my properties filled.
“If you are considering using their services, I say do it. However, they can’t work miracles if your property is sub-par!”