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At Modabode Property Solutions we specialise in providing flexible options to Landlords to keep their properties filled with professional reliable tenants in well maintained homes in London and Surrey area.
We provide busy Landlords solutions to suit their requirements from the leasing of their property for a fixed period at a fixed rate to a fully managed property service.
We are specialists in both HMO shared housing and single let accommodation providers working to high standards within the industry. We are committed to providing rent guaranteed services and reliable management services for busy landlords.
Our focus is to deliver regular returns on investment for Landlords security and peace of mind.
Get in touch with our friendly team to find out what we can do for you
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For Landlords and Investors who want certainty and peace of mind. We look after your property like it’s our own
It’s simple! We effectively become your tenants for your HMO property and guarantee to pay your rent for 52 weeks.
Landlords are paid their full agreed rent even if the property is empty. We agree a term with you between 1-5 years to pay a fair market fixed rent every month. In return we provide high quality, modern shared living homes that tenants want and take care of your property just like its our own. Rooms are rented per room to professional sharers who are fully vetted. We fully manage the property and the tenants and there are no management or set up fees just Guaranteed Rent!
What is Modabode responsible for
We are responsible for paying you the set monthly rental fee each month. We fill the house with our professional tenants, we ensure all of the utilities and council tax are paid, we hire a cleaner and a gardener (where applicable) to watch over the property and take care of the communal areas. We are the first port of call for the tenants if they have any problems. We act as the landlord and take over all of the landlord responsibilities so that you don’t have to worry about any of it.
Because our tenants expect the highest quality and standards we generally need to spend money up-front in order to make the house suitable. We generally pay about the same amount of money as you would earn if you were to let your property normally and we guarantee payment every month. The exact monthly amount and the time period will be agreed between us.
How does Modabode Property Solutions make money
Unlike estate agents –we do not charge you any fees or commissions. We earn our commission from the tenant that we put into the house. Because we work with local companies to rent to their professional employees and provide quality housing with flexible length terms and professional services we are able to receive a mark up on the monthly rent. That may sound like a lot of work for us, but it doesn’t matter –your payments are guaranteed every month and you don’t have to lift a finger.
Am I responsible for anything at all
As a landlord, you will need to make sure the exterior/structure of the building is sound. MPS is 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 HMO 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.
Is this subletting
No. MPS do not have an Assured Shorthold Tenancy (AST) with the owner of the property. The AST is the contract that disallows subletting and is not appropriate in this situation. The contract that we use has been drawn up by a solicitor specifically for these types of arrangements.
You may be a first-time property investor, an experienced investor, an overseas investor or simply looking for extra income to supplement your day job, we can find the perfect investment to suit your requirements. Modabode have over 15 years’ experience and the expertise to help find properties that are normally below market value to give you great returns on your investment.
Modabode Property Solutions works directly with private businesses and government organisations offering high quality rooms for their employees.
Our rooms are fully furnished for our client’s use and the kitchen area is fully equipped with appliances, utensils and crockery to ensure our client is comfortable and the move is hassle free
All properties are professionally cleaned on a regular basis to maintain the properties high standards of cleanliness.
We offer accommodation with the highest speed wifi packages available in the area which is an essential for today’s modern living
We understand that everyone’s situation is different and we can have a confidential chat with you to discuss options on how we can manage your property
We work with Landlords, Agents, Tenants and Investors to understand and find solutions in order to create a win win situation
Our mission as a business is to be fully updated with market trends, government legislation and tenancy regulations enabling us to be compliant and offer the best services. As a business our values are based on honesty, trust and excellence. In that way we can build personalised, confidential and strong working relationships with our clients.
As the founder of Modabode, we combine traditional values with technological advancements to create a business that could adapt to the everchanging property market.
Having 15 years’ experience as a property investor and accredited as a landlord, we want to provide clients with the services needed for HMO investing in today’s market.
We have worked with Modabode Property Solutions on numerous HMO and Lettings projects for over a decade and have found them to be trustworthy and reliable. We would be happy to work with them on any future projects.Simon Topple, Managing Partner, Topproperty Services