Financial Highlights:
Generated a turnover of £1.2m in YE24, with an EBITDA of £471k.
Management accounts indicate a turnover of £1.3m for YE25, with an EBITDA of £504k.
Turnover is projected to reach £1.4m in YE26, with an EBITDA of £530k.
Revenue is expected to grow substantially due to increased market demand for reliable property management services, and the company’s operational area becoming sought after by students both domestically and internationally.
Additional marketing undertaken through 2025 have increased leads, and at present the company has nearly reached letting capacity for 2026/27.
Overview:
Lets out a selection of over 40 expertly maintained properties for students locally, ranging from one-bedroom flats to 10-bedroom houses, which are all near the city centre and within walking distance of the local University.
This includes 34 exceptional student properties for local student landlords, and four offices with parking for approximately 10 cars. The company is in the process of purchasing seven more flats in order to expand its portfolio further to meet demand.
Properties are routinely upgraded, with higher rents now being charged and achieved.
Has developed an easily navigable mobile and tablet application to simplify the booking of properties, as well as manage repairs.
Offered for sale to facilitate retirement plans.
Offers invited.
Key Highlights:
Operates from ideally located, freehold premises, with parking, which will be included in the sale.
National Residential Landlords Association and Federation of Small Businesses accredited, as well as being Local Authority approved.
Has established an excellent reputation in its area, receiving a high amount of income through referral tenants.
Maintains one of the biggest portfolios of student houses in its region.
The company has invested in website development, with a new iteration currently being designed.
The business would make an ideal bolt-on acquisition for similar providers in the sector who are looking to expand their client base and service offering.
Scope to convert the company’s premises to develop further flats, expand the business’s service offering, recruit additional staff and invest in marketing to facilitate growth.
