Single-let
A single let is a rental property leased to one household under a single tenancy agreement. Typically self‑contained units, these properties offer exclusive use of the entire space.
Single‑let properties provide the potential for long‑term rental income with lower management complexity than multi‑let properties. They offer:
Consistent demand, appealing to professionals, families, and long‑term tenants.
A simpler management profile, with typically lower tenant turnover.
Cost efficiency, often easier to finance and manage.