Landlords and estate managers have several options available for void property management.
These range from manned security to boarding up and remote CCTV monitoring. Property managers however would be advised to also consider the use of property guardians to keep the property occupied. Keeping the building occupied and heated has additional benefits as it also protects the fabric of the building.
Simply boarding up a property can quickly lead to the building beginning to deteriorate and to attract squatters and vandals which has a wider impact on the surrounding neigbourhood. This isn’t to say that property guardians are the complete solution. If the property is part of an estate of buildings some building may not be suitable for occupation. In these cases the use of smart cam towers linked to a control room allow peripheral void buildings to be monitored.
Managing void properties whether long or short term requires a mix of solutions. Having guardians in the properties allows realtime reporting on otherwise void properties. This is in addition to regular property inspections to identify repairs, ensure health and safety.
Ad Hoc manage every stage of the void property process, from undertaking a property pre-inspection survey through to completing all the necessary remedial works, followed by final post-inspection, and handover once the building is ready for it’s new purpose.
Good management of void properties and the limitation of void periods is vital to maximise rental income in surrounding properties.
The ultimate objective being to stop void properties remaining unoccupied for long periods of time whist ensuring that void properties are safe, clean and importantly secure. With reduced costs from trespassing, theft and damage.