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Excel Property Services Increase Rental Return 20%

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– 01 November 2013 –

Excel Property Services is delighted to announce the completion of an extensive refurbishment and the subsequent letting of a 1 bedroom property in Swiss Cottage. The spacious apartment is located on the fourth floor of Cresta House, a desirable purpose built block with daytime porter, located minutes from Swiss Cottage and the amenities on Finchley Road.

Before

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On receiving notice to vacate from the previous tenant, we advised our client that this would be an ideal opportunity to refurbish the property in order to maximise the rental return and ensure we could attract a high calibre, long term tenant in future. We have over 20 years’ experience of carrying out refurbishments and so were able to provide an accurate and comprehensive quotation for the client, which was tailored to suit their budget and ensure the finish would appeal to the target market.

During

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Our skilled master craftspeople work quickly and efficiently, to minimise the void period while maintaining a high level of care and attention to detail throughout the refurbishment process. Materials, fixtures, fittings appliances are all selected from longstanding, reputable suppliers, to ensure quality and consistency throughout.

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Each project is also closely managed throughout by one of our directors, meaning any potential problems can be identified and rectified swiftly, in order to keep the work within the desired timeframe.

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Attention to detail is key and each job is comprehensively reviewed by a Director of Excel on completion to ensure that every aspect meets our high standards throughout.

After

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Prior to completion of this project, our Lettings team began advertising the property in order to place a suitable tenant, while viewings were coordinated with the refurbishment team to ensure the property would show in its best light. We are delighted to announce that we have now successfully let the property to a corporate tenant on a long term basis, at a rental that represents an increase of just over 20% on the previous agreement, which commenced a day after completion of the works

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