Desk open · London & NewcastleRef. 2026.04 · investor materials

An operating partner for private portfolios

Your portfolio, operated.
Priced on performance, not presence.

PropTurn takes the full operating burden of a short-term let or supported-living portfolio — distribution, dynamic pricing, guest operations, compliance and tax — for a single flat 15% of gross rental revenue. No service mark-ups. No lock-in. One statement, end of month.

FCA Client Money Protection·HMRC MTD registered agent·ICO · NRS · LSAPR
£2.3M
Rent under management
+18% YoY
48
Properties operated
NE · LON · EDI
73%
Avg. occupancy (12 mo.)
vs 68% market
4.84
Guest rating (blended)
1,240 reviews
95%
Messages auto-resolved
Median reply <60s

What we operate

Thirteen workflows, one operating desk.

The table opposite lists every service included in the 15% mandate — and the share of each workflow that runs without human touch. No feature boxes. No marketing fluff. Just the operating scope, by section.

  • No mark-up on dispatched services or trades.
  • Platform fees (Airbnb, Booking.com) passed through at cost.
  • 30 days’ notice either side. No tenures.
SectionServiceScopeAutomated
DistributionMulti-channel listingAirbnb · Booking.com · Vrbo · Expedia · +43 channels100%
·Dynamic pricingDemand-adjusted rates by event, cohort and season100%
·Calendar integritySingle source of truth · zero double bookings100%
Guest operationsAI guest messaging5-step pipeline resolves 95% of enquiries instantly95%
·Smart-lock accessCode at booking, revoked at checkout (30+ makes)100%
·Emergency dispatchEscalation to on-call desk within service SLA75%
ServicesCleaner rotaMerit-ranked, auto-dispatched at checkout100%
·Trades networkPlumbers, electricians, +33 further categories — quoted75%
GovernanceCompliance engineNRS · London 90-day · Scotland licensing · safety certs90%
·Client Money ProtectionFCA-compliant segregated accounts · audit trail100%
Finance & reportingTax automationOpen Banking → SA105 → HMRC MTD quarterly submission100%
·Owner reportingLive P&L per asset · PDF monthly statement100%

Automated share = instances resolved without human touch over 90 days.

How 15% pays for itself

A worked example on a typical 1-bed short-let.

£24,000 gross annual revenue. Three management options. One honest view of what each one actually costs — and what the owner keeps.

Run the numbers on your property

Traditional agent

20%
Fee on £24,000
£4,800
Owner keeps
£19,200
  • Partial compliance
  • Tax not included
  • Service mark-ups typical

Self-manage

0%
Fee on £24,000
£0
Owner keeps
£24,000
  • ~20 hrs/week time cost
  • Compliance on owner
  • Guest ops on owner

PropTurn

15% flat
Fee on £24,000
£3,600
Owner keeps
£20,400
  • Full compliance incl.
  • HMRC MTD filed for you
  • No service mark-ups

Illustrative. Actual net depends on property, void periods, platform fees (pass-through) and tax position.

How we compare

The full-service providers — and what each one actually does.

ProviderFeeFlatComplianceTax filedDistributionAI messagingCMP
Traditional agent16–25%
Houst (typical)20%
Pass the Keys18–20%
Self-manage0%
PropTurnThis desk15% flat
Included Partial Not includedFees cited are market-typical public ranges; actual provider terms may vary.

Case · 24 months

A Newcastle 1-bed, run as a short-let.

A private landlord with a single-asset STR portfolio, previously managed by a high-street agent on a 20% fee. Onboarded to PropTurn in April 2024.

Property
NE1, 1-bed · Grade II managed block
Channels
11 active (Airbnb, Booking.com, Vrbo, Expedia, …)
Tenure
24 months, ongoing
Onboarding
£350 (photography, listing, SOP)
Gross annual revenue
£17,400
+14.2% vs prior mgr.
Occupancy (LTM)
74%
+6pp vs market
Blended rating
4.87 / 5
512 reviews
Net to owner (after 15%)
£14,790
post-PropTurn fee
“A statement on the first working day of the month. A number I can trust, and a clean monthly pack my accountant actually thanks me for. The 15% is the best trade I ever made.”
— Private landlord, Newcastle · onboarded Apr 2024

The desk

Two principals, one operating stack.

Engineering and property sit on the same desk. The software carries volume; the humans carry judgement and sign every mandate.

JR

James Reed

Founder · Technology

Full-stack engineer. Prior agentic intelligence platforms, multilingual travel SaaS, algorithmic trading. Architect of the PropTurn operating stack.

AB

Alex Byrne

Principal · Property

Twelve years in UK lettings, sourcing and sales across London and the North East. HNW portfolio management with an established network of providers.