Furnishing multiple units
As changes take place in the residential property market, so do the needs of corporate landlords and professional investors.
We recognise that the success of any investment can depend on both the initial and lasting appeal of your properties by maximising rental values and reducing void periods.
Furniture rental is ideal for property investors as it eliminates the need for significant capital outlay at the start of the investment, whilst combining high quality furnishings with flexibility and convenience.
Roomservice by CORT provides choice through a different way of achieving returns and preserving cash, by renting and asset managing furnishings.
Roomservice by CORT will furnish properties and rent furniture to investors of multiple units for up to 3 years where individual circumstances and market conditions make this a requirement.
The RSbC furniture rental offering includes a comprehensive and exclusive asset management programme which distinguishes the service from both traditional furniture retailers as well as other rental companies.
The benefits to the investor are:
- Renting conserves capital; no upfront costs to furnish units
- No need to own and manage furniture and have depreciating assets on the balance sheet
- Rent free start-up period can positively impact yields in year 1
- No requirement for sinking fund to replace worn-out furniture
- Reduction in staff time looking after furniture assets
- Asset managment service can help maintain appeal of units and therby reduce rental voids Investors with multiple units can choose to purchase or rent their furnishings:
Furniture is available on a wide range of terms, ranging from just a few days to three years. The flexibility of our furniture rental service makes it an obvious choice for all kinds of customers from residential tenants to institutional landlords and buy-to-let investors.
Contact us for a quote or call 020 8397 9344 for further information on our full range of furniture services.
