The Hidden Cost of Void Properties – Why Timely Management Matters

Published on 5 April 2025 at 15:08

For landlords and property owners, an empty property is not just a missed opportunity; it is a growing cost. Known in the industry as a void property, any residential or commercial unit sitting vacant can quietly drain your income, erode property value, and lead to further deterioration if not properly managed.

 

What Makes Void Properties So Expensive?
When a property is unoccupied, the income stops but the expenses don’t. Landlords may still be responsible for:

  • Council tax on empty homes
  • Utility standing charges
  • Insurance premiums (which often increase for empty units)
  • Ongoing maintenance and security
  • Potential vandalism or squatters
  • Deterioration of fittings and fixtures due to lack of use

And the longer a property remains void, the more it can cost to bring it back to lettable condition. From deep cleans to pest control and repairs, delays only increase the work needed to get it market-ready again.

 

The Value of Void Property Management
At Projekt 247, we understand the financial strain empty properties can place on landlords, estate agents, and housing providers. Our void property clearance and management services in Northampton and surrounding areas are designed to reduce these risks quickly and efficiently.

We offer:

  • Full property clearance and waste removal
  • Deep cleaning and sanitisation
  • Minor repairs and maintenance
  • Garden tidying and curb appeal improvement
  • Regular inspections for security and compliance
  • Preparation for re-letting or sale

 

Time Is Money – Don not Let It Slip Away
A void period of even just 30–60 days can mean hundreds or even thousands in lost rent not to mention rising overheads. Proactive void property management helps you minimise vacancy periods, maintain asset value, and maximise profitability.

If you have a property sitting empty, do not let it sit idle. Contact Projekt 247 today and find out how our expert team can get your property back on the market, faster and safer.

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