This week we’re shining the spotlight on Glenham Property Management, who recently picked up the silver award for the second year running at the ESTAS! We spoke with Managing Director, Miles Gilham.
Q1. Tell us a little about yourself, your business, and what kind of properties you handle.
We are an independent agency specialising in investment properties and asset management. We look after single properties through to large portfolios. We pride ourselves on our service and have won the Silver award in the national ESTAS landlord awards two years running.
Q2. What made you get into the property business?
I have been involved in property for 25 Years ever since I renovated a Tudor cottage and caught the property bug. I have carried our various renovation projects over the years and was also Managing Director of Lettingweb many years ago! My background is customer service, so it was a natural leap to move into property management.
Q3. What is your favourite property you’ve had?.
One of the most rewarding properties was one that we took over where the tenants were not paying the rent and had wrecked the property.
We went through the eviction process to obtain vacant possession. We then drew up plans to turn it from a three bed to a four bed flat which we renovated for the client, obtained the HMO licence and the property is now achieving upper quartile rent for a four bed in this area.
The client was abroad and we carried out all the work without the client ever having to come back to Edinburgh which was a great weight taken from them.
Q4. What’s the best thing about the area you operate in?
Edinburgh is a fantastic, cosmopolitan and diverse City and is a great place to invest with the growing population, average salaries being the second highest outside London and the huge student market.
Q5. What advice would you give to someone looking for a rental property?
Do your research and seek professional advice. Ensure that you match the property to your target market and that the yields stack up.
Q6. What did you do before you got into this business?
I ran BMW dealerships in and around London and then Regional Operations Manager for Mercedes-Benz UK, responsible for the performance of MB dealerships in geographical areas across the UK. I was also the MD for Lettingweb and have been involved in a number of SME start-ups.
Q7. What would be a good night out in your area?
My big nights out are behind me now, but a few drinks in the Magnum followed by a Chinese at Karen’s Unicorn shared with good company is a good night for me.
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