Holland Park- Property Refurbishment
J.H., a trustee from Jersey, has lauded Chambré for delivering a level of service akin to a family office environment. They emphasise the importance of effective communication and a proactive stance, which Chambré embodies, consistently striving to enhance their service.
The primary challenges were managing a substantial refurbishment project, ensuring consistent tenancy with high-calibre tenants, negotiating rental increases in line with market rates, and providing personalised services to meet the unique needs of both the trust and the underlying UK-based client.
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- Major Refurbishment: Oversee the property’s specification and project management for extensive refurbishment works.
- High-Quality Tenancy: Secure and maintain long-term tenancies with reputable tenants.
- Rental Yield Optimisation: Negotiate annual rental increases to reflect market trends.
- Regular Valuations: Conduct biennial valuations for insurance purposes.
- Personalised Service: Tailor our services to the specific requirements of the trust and the UK-based client.
- Refurbishment Management: Provided expert advice on specifications and selected a project management company for the major refurbishment.
- Tenant Acquisition and Retention: Successfully rented the property to a family from the financial sector for four years, followed by re-letting to another family, now in their fourth year of tenancy.
- Rental Increase Negotiations: Secured annual rental increases, aligning the rent with current market rates.
- Insurance Valuations: Arranged biennial valuations for insurance purposes, ensuring the property’s value is accurately reflected.
- Customised Management: Adapted our management approach to cater to the specific needs of both the trust and the UK-based client.
Time and Budget:
All objectives were met within the stipulated timelines and budget, reflecting our commitment to efficient and cost-effective management.
Results and Achievements:
Chambré’s proactive and personalised management approach has resulted in sustained high-quality tenancies, optimised rental yields, and the successful coordination of major refurbishment works. Our ability to adapt our services to the specific needs of our clients, while maintaining robust communication, has ensured a seamless management experience, reaffirming our client’s trust and satisfaction.