What is Price Reece Property Services responsible for?
We ensure you receive your set monthly rental fee each month. We fill the house with our professional tenants, ensure all of the utilities and council tax are paid. We ensure that the property is maintained to a high standard, hiring a cleaner and a gardener (where applicable) to take care of the communal areas. We are the first point of contact for the tenants if they have any problems.
We act as the landlord and take over all of the landlord responsibilities 24/7 so that you don’t have to worry about anything. There will be no cost to you the landlord for any interior upgrade work, decoration or furniture which we undertake to meet the standard our professional tenants expect.
Will I still make the same amount of money as usual?
Yes, The rent and the duration of the agreement will be agreed between us.
Am I responsible for anything at all?
As a landlord, you are responsible for ensuring the building is structurally sound. We are not liable for repairs to these parts of the home (for example, roof tiles and structural soundness). As a responsible landlord, you should make sure the building is insured with the appropriate landlord product, and that you have adequate safety and environmental certificates in place (e.g. Gas safety, Electrical Safety, EPC). Finally, if you have one, it is your responsibility to look after your own mortgage.
How does Price Reece Property Services make its money?
Price Reece Property Services earns commission from the services that we provide to the tenants in the properties we manage. Our tenants pay an all inclusive rental fee and we manage everything, utilities, Internet, cleaners, gardeners, maintenance etc
Is this sub-letting?
No. We do not have an Assured Shorthold Tenancy (AST) with the owner of the property, which disallows sub-letting and is not appropriate in this situation. Price Reece Property Services use a contract that has been drawn up by a solicitor specifically for this type of management agreement between ourselves and our landlords.
For Motivated Sellers
How quickly can you make an offer?
Usually within 24–72 hours after viewing the property and reviewing basic documents.
Will I have to pay any fees?
No. PRPS is paid by the investor — not you. There are no upfront fees.
Do you buy properties in any condition?
Yes. Cosmetic issues, outdated décor, or properties with tenants are not deal-breakers. Any major works planned/scheduled should be disclosed.
What’s the benefit of selling to an investor instead of listing with an agent?
Speed and certainty. You avoid viewings, fall-throughs, and long chains. Investors are ready to move when a good opportunity presents itself.
What if I have mortgage arrears or financial pressure?
You are not the only person with this issue. We keep everything confidential and move fast to help you avoid escalation.
Am I locked into anything if I ask for an offer?
No. You’re not tied into a contract just because you requested a call or a quote. Often a chat will only highlight whether PRPS is the right option for you and vice versa.
For Investors
What types of deals do you source?
PRPS sources below-market and high-cashflow opportunities: off-market residential deals, BRRR, rent-to-rent, and serviced accommodation.
How do you verify a deal is worthwhile?
We run due diligence: comparables, rental demand, ROI/cashflow analysis, exit strategy, and risk assessment. If the numbers don’t work, we don’t send it out.
Do you charge sourcing fees?
Yes. A sourcing fee is charged only when you secure the deal — no deal, no payment.
Can PRPS manage the whole process?
We handle the initial part of the process, viewings, negotiations and then we provide a team of experts that handle paperwork, and coordination with solicitors/agents.
What’s the typical ROI or cashflow I should expect?
We aim to source deals that deliver strong ROI and predictable cashflow. Details depend on strategy and market.
How do I know deals aren’t being sent to multiple investors at the same time?
We operate on a first-come, first-served basis, and once a deal is reserved, it stops being sent out.
