Guaranteed Rent for HMO Landlords in Caerphilly County Borough – No Voids, No Management Fees, No Operating Costs

Do you own a vacant HMO in Caerphilly County Borough?

Or are you currently buying, refurbishing or converting a property into an HMO?

Rooms in Cardiff is actively looking for suitable HMO properties throughout Caerphilly County Borough.

For suitable properties, we can offer landlords a guaranteed rental arrangement designed to provide predictable monthly income while removing many of the costs, void risks and day-to-day responsibilities normally associated with operating an HMO.

Turn Your HMO Into Predictable Monthly Income

HMOs can produce attractive headline rental figures, but gross rent and the amount a landlord actually keeps can be very different.

A traditionally operated HMO may involve paying for:

• Empty rooms and rental voids
• Property management fees
• Gas and electricity
• Water charges
• Broadband
• Cleaning
• Routine maintenance
• Room advertising
• Tenant changeovers
• Furniture and appliance replacement
• Day-to-day management

All of these costs reduce the amount of rental income the landlord actually retains.

Our guaranteed rent model offers a different approach.

For suitable properties, we agree a rental figure for the whole property rather than simply managing individual rooms on the landlord’s behalf.

This can provide landlords with a much more predictable monthly income.

No Rental Voids

With a traditional HMO, rental income normally depends on keeping every bedroom occupied.

If one room becomes vacant, income falls. If two or three bedrooms become vacant at the same time, the impact on cash flow can be substantial.

Yet many of your property costs remain exactly the same.

Your mortgage continues. Insurance continues. Utilities continue. Maintenance continues.

Under an agreed guaranteed rent arrangement, your rental income is not dependent on every individual bedroom remaining occupied.

No Percentage Management Fees

Traditional HMO management commonly involves an agent collecting individual room rents and then deducting a percentage management fee.

Our guaranteed rent model is different.

We agree a rental figure for the property.

There is no separate percentage management fee deducted from the agreed guaranteed rent.

No Utility Costs for the Landlord

Utility costs can make a significant difference to HMO profitability.

Gas, electricity, water and broadband costs can continue to rise while landlords have limited ability to control individual occupier consumption.

Under qualifying guaranteed rent arrangements, responsibility for agreed utilities can transfer to us.

This allows landlords to compare our guaranteed rent offer against the actual net income they currently retain after paying the operating costs of their HMO.

Maintenance and Day-to-Day Management

Maintenance, room changeovers and day-to-day property management can consume both time and money.

Under the right contractual arrangement, agreed routine maintenance and operational responsibilities can transfer to us.

This can make HMO ownership significantly more straightforward for landlords who want property income without having to manage the property room by room.

Do You Have a Vacant HMO in Caerphilly County Borough?

We are particularly interested in HMOs that are currently vacant or becoming vacant.

A vacant HMO can become expensive very quickly.

You may still have:

• Mortgage payments
• Council tax liabilities
• Insurance premiums
• Utility standing charges
• Maintenance costs
• Security costs

while receiving little or no rental income.

If you currently own a vacant HMO in Caerphilly County Borough, speak to us before deciding to sell it, return it to single-family use or begin another room-by-room letting campaign.

We can assess whether the property may be suitable for our guaranteed rent model.

Currently Converting a Property Into an HMO?

You do not need to wait until your HMO conversion is completed before contacting us.

We are also interested in speaking to landlords, developers and property investors with properties that are:

• Currently being purchased
• Under refurbishment
• Being converted into an HMO
• Awaiting licensing
• Approaching completion
• Existing rental properties being repositioned as HMOs

Speaking to us before completing the conversion can be particularly useful.

We can review the proposed property and discuss whether it could potentially suit our guaranteed rent model before you commit to your final letting strategy.

Areas We Are Interested In

We are interested in suitable HMO properties throughout Caerphilly County Borough, including:

• Caerphilly
• Blackwood
• Bargoed
• Ystrad Mynach
• Risca
• Newbridge
• Bedwas
• Machen
• Nelson
• Llanbradach
• Aberbargoed
• Other surrounding areas within Caerphilly County Borough

If your property is elsewhere within the county borough, please still contact us.

What Type of HMO Are We Looking For?

We will consider both existing HMOs and properties currently being converted.

Every property is assessed individually based on factors including:

• Location
• Number of bedrooms
• Room sizes
• Property layout
• Property condition
• Refurbishment standard
• HMO licensing position
• Local room rents
• Current occupancy
• Property availability

If you’re unsure whether your property is suitable, simply leave your details below and we can discuss it with you.

How Much Guaranteed Rent Could Your HMO Produce?

The rent we can offer depends on the individual property.

We assess its location, configuration, condition, potential rental income and operating costs before determining whether we can offer a commercially viable guaranteed rental figure.

The initial appraisal is free and there is no obligation to proceed.

Why Consider Guaranteed Rent?

For some HMO landlords, maximising the headline monthly rent is the priority.

For others, the more important question is:

How much income do I actually retain after voids, management fees, utilities, maintenance and the cost of operating the property?

A guaranteed rent arrangement can provide an alternative for landlords who value:

• More predictable rental income
• Reduced exposure to room-by-room voids
• No percentage management charge
• Reduced day-to-day involvement
• A simpler way of operating an HMO investment

The important comparison is therefore not simply our guaranteed rental figure against the gross room rents.

It is the guaranteed rent against the net income you actually retain from the property after operating costs.

Speak to Rooms in Cardiff

Rooms in Cardiff specialises in HMO property management, room-by-room lettings and guaranteed rent across Cardiff and South Wales.

You can learn more about our HMO Rent Guarantee and HMO Management services.

If you own a vacant HMO or have an HMO approaching completion anywhere in Caerphilly County Borough, leave your details above and we’ll contact you.

Important: All properties are subject to appraisal, suitability, compliance checks, due diligence and contract. Guaranteed rent and responsibility for utilities, maintenance, repairs, insurance and other property costs depend on the terms agreed for the individual property. References to guaranteed rent and no voids relate to rent payable in accordance with the relevant contractual agreement.