If there was an award for the UK’s most successful lettings agency start-up then a business based in Nottingham and Lincoln is likely to clinch the prize.
Student Lettings was established just four years ago in Lincoln and has over 300 properties under management, 1,000 tenants and this week secured £2.6 million from local business people wanting to invest in student property.
The company operates in the lively student lets market and was set up in 2015 by former students Harry Conti, 25 and Marcus Askam-Yates 28 (pictured, above).
The pair left their courses early to set up the lettings agency after being horrified by the standard of student property in Lincoiln, and recently held a party for investors and tenants at their company’s new offices in Nottingham on the city’s Ilkeston Road.
“A lot of the investors and landlords we work with in Lincoln also own houses in Nottingham, so it was a logical move to open the new office, and it just happened to coincide with our fourth anniversary,” Conti told local media.
“The evening was a great success, and we secured £2.6 million from people wanting to invest in Nottingham property.
“We have already started to identify suitable properties to acquire on their behalf and are delighted to say we’ve just had an offer accepted on our first target, a block of six studio apartments.
“I think it’s fair to say we are Lincoln’s largest specialist agency. We’ve grown quite quickly because we know students, we know what they’re looking for and the types of property that appeal to them better than anyone else.”