A Sheffield-based property management company aims to triple the size of its business after completing projects in eight UK cities in its first year.
Resify, which transforms undervalued residential projects, achieves typical rent increases of 20% with its ‘360 degree’ approach, including profitable renovations, flexible rental policy, proactive management style and investments in the latest digital technologies.
Established in July 2020, the company has ‘repositioned’ more than 100 apartments in its first year and now has 148 units with a total value of £ 20million under management.
Founder Obi Williams, a former City broker, currently leads a team of 12 and plans to set up a service center in Lithuania to house a team of IT developers and back office staff to support its future growth.
Resify has undertaken repositioning and refurbishment projects of over £ 500,000 in Sheffield, Buxton, Manchester, Liverpool, Stoke, Leicester, Plymouth and London.
Obi Williams, Managing Director of Resify, said: “The needs of tenants have changed. The culture of “working from home” has opened up new possibilities for where and how people choose to live.
“Some have left town but still have to spend periods near the office. Then there are the “digital nomads”, parents who want housing close to the university or their child’s family members, and people working under contract.
“Changing lifestyles are driving demand for medium-term and flexible rentals. Resify offers a choice of tenure arrangements to meet tenant needs, and we make renting hassle-free.
“The virtual tours and online platform make it easy to find a property, and our ‘plug and play’ approach means they can move in immediately and enjoy a ‘home from home’ experience in a fully furnished property with all the necessary comfort. We are redefining the future of life for a new generation of tenants.
“In times of uncertainty in the real estate market, our approach helps investors adapt to changing trends and earn superior returns, which will be even more important in the future. “
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