The private sector is now providing high standard, purpose built student accommodation developments in the form of larger cluster flats offering en-suite study rooms, as well as self-contained studio units and flats.Blue Property Management, understand they must meet the expectations of developers operating in the student sector, in terms of price, service levels and protecting their clients against regulatory liabilities.
We risk assess each development and draw up schedules of inspection & carry out the regulatory testing required such as:
We can help formulate a Service Charge schedule for your student block, this Service Charge forms part of the leases you sell to each student studio or apartment purchaser. It is usual for such Service Charges to reflect the benefit of new build or newly converted blocks.
We also deal with all aspects of block management including planned maintenance and collection of service charges and ground rent.
Developers may use the services of letting agents to advertise and let their student units, and in some cases will use letting agents to manage the individual student tenancies. Blue Property Management provide information to these agents reminding them of their responsibilities where a student flat has been sold on – the liabilities that the individual flat owner has. – This subtlety translates into cost savings for the Freeholder / Developer.
Blue Property Management work with Landlord Direct a company providing back office letting and advertising services to landlords and developers on a nationwide basis. For each student development managed by Blue Property Management they will draw up a bespoke Tenancy Agreement / Residential License Agreement that includes the conditions required to achieve the efficient running of your student block. Your bespoke development Tenancy Agreement / License Agreement can then be downloaded by Letting Agents instructed, for use with letting in your student block.
Blue Property Management have negotiated a free property listing for your development through Landlord Direct,who will place an advert for your development on Rightmove’ s student listings. Rightmove is particularly effective for student flats and apartments and is a powerful brand name for students looking for high standard properties.
Contact us for further details.
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Over 15 years of property, project management and client service experience; because of this we truly understand the importance of consistency and haveacquired over 75% of our portfolio via word of mouth.
Hand over your development in confidence. We are able to look after all aspects of management efficiently and ensure all residential and commercial property issues are run in a professional manner.
"I am so impressed with how the work on the building has come along in the last year. It's nice to feel like you are living in a building that is cared for and not forgotten! " H W, West Bridgford, Nottingham
An established broker for the purchase and sale of Ground Rents / Freeholds. We can achieve top prices from small converted houses to large sites built by major UK developers.
By Telephone: 0330 053 8770
We have 4 offices in the UK.
Birmingham, Essex, London, Nottingham.