Home/Developers/Wales/Deeside
Developers in Deeside
Deeside stock that is not earning.
For developers holding completed Deeside units: a fixed monthly rent under one agreement, paid whether or not anyone is staying in the property.
Three Ways We Work
The three arrangements.
Unsold & Slow-Moving Units
Finished units producing income while they sit on the market, with vacant possession returned on agreed notice. How this works →
Site Team Accommodation
Accommodation for site staff and contractors, taken care of end to end and settled on one company invoice. How this works →
Whole Block or Phase
A completed phase taken as a unit, with break provisions so you can pull units back if the sales market turns. How this works →
Deeside
What drives the number
Whatever is agreed gets written down before either side commits, including what happens if it stops working. A rent with no agreed exit is not a better deal, it is an argument scheduled for later.
Deeside
What actually happens
Once the property is handed over, rent is paid on the same date each month for the term, whether or not anyone is staying in it. That is the arrangement itself, not a concession.
Deeside
Who gets the most from it
It works best where the owner wants a clear line between ownership and operation. Where somebody wants to stay closely involved day to day, the arrangement tends to create friction rather than remove it.
Deeside
Compliance, plainly
Compliance is not optional and it is not quick to retro-fit. Gas safety, electrical condition, fire equipment and the right insurance all need to be in place before anything goes live, and a missing certificate is the most common cause of a delayed start.
Deeside
What we won't do
We do not use a landlord's property to test something we have not done before.
Deeside
How to begin
An owner with several properties should say so early — it usually simplifies things rather than complicating them.
Coverage
Close to Deeside
Straight Answers
What you should check first.
We are small. Two properties operated, no developer schemes completed, and an honest expectation that you will verify all of that rather than take it on trust. Company No. 16187542, and we will hand over what you need to check it properly. On larger schemes a deposit, a guarantee or a staged take-up is the normal answer, not a sign of reluctance.
Nothing on this page is a valuation, a financial promotion or investment advice. Terms are specific to the scheme in front of us and are agreed in writing before either side commits.
Your Questions
What developers want to know about Deeside.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Deeside units rather than just discount them?
A discount is permanent and a letting is not. If the sales market is slow rather than broken, income across the slow period plus a break clause for when a buyer appears usually beats cutting the asking price on the last few plots.
What happens to the Deeside agreement if we sell the block?
The agreement is with the property, so a buyer takes it subject to our lease. That is worth raising with your agent early, because for some buyers an income-producing block is more attractive and for others it is not.
Can you house our site team instead?
That is a separate arrangement we also offer: managed accommodation near site for your own staff and contractors, on one company account with a single monthly invoice.
Who is responsible for gas, electrical and fire safety?
A lease does not make an owner's safety duties disappear and we will not pretend otherwise. Which obligations sit where is written into the agreement before anyone signs, and both solicitors should look at that clause specifically.
Will you sign an NDA before we send Deeside scheme details?
Yes, without fuss.
