Property Sense secures equity investment.

The PropTech-driven letting agent has secured almost £500,000 in just four weeks during its first equity investment raise. The money was raised entirely through the Stockport based company’s existing investor database

The financial injection has been used to expand Property Sense’s operations nationally and to increase its PropTech capabilities. It will also facilitate a recruitment drive to take the firm’s nine-strong team into double figures.  

The team is currently recruiting for a Marketing Manager, as well as several sales and business development roles to scale up its operations. 

Property Sense has also announced an ambitious five-year business plan to make its mark on the Build to Rent sector. It includes securing 5,000 Build to Rent units to let per year by 2029, starting with 1,500 units during 2025. 

Strengthening the company’s growth, Property Sense has secured lettings for large-scale Build to Rent projects in the North West and Yorkshire and has expanded its premises in Stockport.  

The company’s unique offering enables developers to fill their apartment blocks in under three months after schemes are completed – delivering pre-approved, long-term residents to developments in record time.   

It also offers a fully funded property maintenance and repairs service with guaranteed rent, aimed at helping landlords secure predictable monthly incomes.  

“It’s great to see this first raise happen from within our existing customer base. Not only does this reinforce their belief in our model and current trajectory, but it allows Property Sense to share its continued success with those who backed us from the beginning.  

“We look forward to building further on this success with a second raise in the coming weeks. We’re confident this will again remain private due to the already increased company valuation since the first raise.  

“The returns are looking extremely promising for all our investors thanks to our rapidly expanding Build to Rent business and the value in our unique PropTech. I’m very excited to see what the future holds as we continue this journey to change the face of Build to Rent lettings and services to landlords for the better.” 
Mike Haywood, CEO, Property Sense

In September, Property Sense also launched a PropTech sister company, Place 3D. The Haywood Group subsidiary offers high-specification 3D visuals of a scheme pre-construction, which is available to all its Build to Rent clients, free of charge.