6 WORKERS - LONDON - 12 MONTHS

Project Overview

Corporate Rentals successfully managed the accommodation of 6 employees in London for a 12-month project, providing superior living conditions while significantly reducing costs compared to traditional hotel stays.

By choosing Corporate Rentals, the client achieved significant savings of £44,489.95 over the duration of the 12-month project compared to traditional hotel accommodation. The streamlined operations, premium accommodation, and comprehensive management services provided by Corporate Rentals ensured a hassle-free and cost-effective housing solution for the client’s employees.

Corporate Rentals: Steps & Calculations

Tap below to reveal the breakdown of processes and costs throughout every stage of the project.

    • 3 Bed Rentals Required: 3

    • Ensuring a spare room within each rental for utmost space, comfort, privacy, and enabling visits from family and friends

    • Total Monthly Rent: £6,822.00

    • North London location - easily accessible to assignment site in Stratford

    • Project / Tenancy Duration: 12 months

    • Total Cleaning & Ongoing Maintenance: £6,501.60

    • Total Bills & Taxes: £14,797.80

    • Total Furnishing Costs: £14,622.00

    • Furniture Transport, Install & Removal: £3,000.00

    • Minimum Storage Duration Length: 3 months

    • 3 Months Minimum storage to provide ample time for furniture to be sourced in time for tenancy start date

    • Total Storage Cost (Minimum 3 Months per Property): £2,058.12

    • Total Amount Payable by Client (Excluding CR 15% Fee): £122,843.52

    • Includes deposit, rental fees, and all Corporate Rental amenities

    • Total Amount Payable by Client (Including CR 15% Fee): £141,270.05

    • 3 Months Upfront Deposit

    • Deposit Payable Upfront by Client: £35,317.51

    • Client’s Monthly Payments: £8,829.38

Corporate Rentals VS Hotels: Savings Calculator

Tap below to reveal how much the client saved with Corporate Rentals, versus their previous hotel corporate accommodation.

    • 6 Workers

    • 12 Months

    • 4 Nights per week per worker spent in hotels

    • £150 hotel expenses per night per worker

    • £2,580 per month per worker

    • £15,480 per month for all workers

    • £185,760 total to provide 6 workers with hotel accommodation in London for 12 months

    • £141,270.05 total to house 6 workers in 3 x 3 bed premium rental accommodation in London for 12 months

    • £44,489.95 saved by the Client for choosing Corporate Rentals instead of hotel accommodation