A Chelsea two-bed, fully managed and let to a corporate tenant

The challenge

The owner wanted three things: reliable monthly income, a property kept to a high standard, and as little involvement as possible.

Running a Chelsea flat directly means handling viewings, tenant vetting, contracts, maintenance and the gaps between lets. For a busy investor with other commitments, that is time they did not want to spend. They needed an operator they could hand the keys to and trust to run it properly.

What we did

We took the apartment on under our property management service and prepared it for the corporate market, where demand in Chelsea is steady and tenants tend to stay longer.

Rather than run a cycle of short stays, we positioned the flat for a single, well-vetted corporate let. We sourced a suitable corporate tenant within weeks and agreed a 10 month contract.

From there we took over the full day-to-day running of the property, from the tenancy paperwork through to ongoing management for the length of the let.

The result

The apartment is let to a corporate tenant on a 10 month contract at £6,500 a month. For the owner that means a steady income across the full term and a property that is looked after without their involvement.

As they put it, they see the income come through and do not have to think about anything else. Because this is a single corporate let rather than a short-let cycle, the income is stable and predictable for the term, not something that rises and falls month to month.