Michael Charles
Michael Charles Lettings is an independent London estate agent providing residential lettings, property management, and sales services to landlords and tenants in Camden Town and surrounding North London postcodes.
- Company typePrivate
- Founded1995
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Michael Charles does
Michael Charles Lettings is a privately held, independent estate agent specialising in residential lettings and property management, headquartered at 56 Parkway, Camden Town, London, NW1 7AH. The company (legal entity Michael Charles Lettings, registered company number 326 9792, formerly Michael Charles Limited) serves landlords and tenants across Camden Town and surrounding North London postcodes including Primrose Hill, Regent's Park, Belsize Park, Hampstead, and extending to N8 (Crouch End), N16 (Green Lanes), and W1T (Fitzrovia). Its core offerings include tenant sourcing, tenant referencing, deposit protection, inventory and checkout services, and ongoing property management, supplemented by a residential property sales service and free property valuation.
Michael Charles firmographics
Firmographics- Name
- Michael Charles
- Legal name
- Michael Charles Lettings
- Website
- https://michaelcharles.co.uk
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Michael Charles Lettings is an independent London estate agent providing residential lettings, property management, and sales services to landlords and tenants in Camden Town and surrounding North London postcodes.
- Ownership category
- akta.pro rank
Michael Charles industry classification
Industry- Product category
- Residential Property Lettings
- NAICS
- Offices of Real Estate Agents and Brokers (5312), Residential Property Managers (531311)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Residential Real Estate Brokerage (Buy/Sell) (FSAEAJAA)
- akta.pro secondary industry
- Buyer Representation Services (BPAJAAAJ)
Keywords
Where Michael Charles is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Michael Charles business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Letting and Management Services: Commission-based revenue from residential lettings services to landlords. Services include property finding, tenant referencing, tenancy management, and ongoing property management. Fees are charged as percentage of monthly rent.
- Administrative Services: One-time fees for reference checks, deposit protection, and inventory services for each tenancy.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | One time/ perpetual license | Letting Fee - 9.60% INC VAT |
| Transaction based/ take rate | Annual | Letting Renewal Fee - 7.20% INC VAT annually |
| Subscription | Annual | Annual Management Fees - 6% INC VAT |
| Subscription | Annual | Letting and Management Fee - 14.40% INC VAT |
| Unit Pricing | One time/ perpetual license | Reference Fees - £26.00 inc VAT per tenant |
| Unit Pricing | One time/ perpetual license | Deposit Protection - £24.00 inc VAT per tenancy |
| Unit Pricing | One time/ perpetual license | Inventory Fees - £85.00 to £175.00 |
| Unit Pricing | One time/ perpetual license | Checkout Fees - £75.00 to £150.00 |
| Other | One time/ perpetual license | Tenant Permitted Payments |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels5 records
Michael Charles product offering
Product offeringCore offering
Michael Charles is an estate agency based in Camden Town, London that provides residential lettings, property management, and property sales services. The agency serves landlords by finding tenants and managing their rental properties, while also assisting tenants in locating residential accommodation in the North London area.
Product overview
Michael Charles Lettings is an estate agent specializing in residential lettings and property management services in Camden, London. The company operates a core property lettings platform complemented by property sales services, a customer portal for account management, and mobile applications for iOS and Android. Additional services include property valuation for landlords and comprehensive property management including tenant referencing, inventory services, and deposit protection. Properties are marketed through integration with major property listing portals including Rightmove, Zoopla, and On The Market.
Differentiator
Problem solved
Functional benefit
Products and services
- Residential Lettings Service
- Property Management Service
- Property Sales Service
- Property Valuation Service
Companies that use Michael Charles
Customer profileSegments2 records
Ideal customer profiles2 records
Michael Charles technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Michael Charles partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- RightmovecoreProperty listing portal partnership for maximum property exposure. Rightmove is the largest UK property portal.
- ZooplacoreProperty listing portal partnership for property marketing. Zoopla is a major UK property portal.
- On The MarketcoreProperty listing portal partnership for additional property visibility.
- CMP (Client Money Protect)coreClient money protection scheme membership. CMP membership no: CMP001327. Ensures protection of client funds.
- PRS (Property Redress Scheme)coreRedress scheme membership for dispute resolution. PRS membership no: PRS007627. Required for property agents.
- DPS (Deposit Protection Scheme)coreGovernment-approved tenancy deposit protection scheme for securing tenant deposits.
- MyDepositscoreTenancy deposit protection service, an alternative DPS option for landlords.
- GNB PropertycoreWebsite platform provider powering the Michael Charles Lettings website and property management system.
- ICO (Information Commissioner's Office)minorUK data protection regulator membership demonstrating compliance with GDPR and data protection laws.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Michael Charles competitors and assessment
Company assessmentEmerging players
- Nested: London-focused tech-enabled estate agent offering managed sales and lettings. Comparable target geography and customer base, with a more capital-intensive, technology-led operating model.
- OpenRent: UK online letting platform enabling landlords to self-serve tenant finding, referencing, and contracts. Adjacent substitute targeting the same landlord customer with a fundamentally different cost structure.
Broad incumbents
- Foxtons: Largest London-centric estate and lettings agency with branch network across the city. Competes for the same Camden/NW1 landlords and tenants but at vastly greater scale and brand spend.
- Knight Frank: Global real estate firm with a major London residential lettings and management practice. Competes for the same prime North London landlords with broader geographic and service scope.
- Savills: International real estate group with substantial London lettings operations. Overlaps with Michael Charles on prime residential rentals across central and North London postcodes.
- Chestertons: Established London residential sales and lettings agency. Overlaps with Michael Charles on central London landlord services, with a broader portfolio including international sales.
Direct peers
- Draker Lettings: Boutique London letting and management agent serving central and North London. Comparable business model of full-management lettings for HNW and professional landlords.
- Ludlow Thompson: Long-standing independent London letting and management agent. Directly comparable to Michael Charles Lettings in service mix (lettings + management) and central/North London tenant profile.
- Stirling Ackroyd: East and North London estate and lettings agent with branch network. Directly comparable as a London residential brokerage serving similar landlord and tenant segments in adjacent submarkets.
- Benham & Reeves: London-focused residential lettings and property management specialist. Comparable in target customer (landlords in central London) and service offering of tenant-finding plus ongoing management.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Michael Charles social profiles
Digital presenceMichael Charles compliance and trust
Trust signalCompliance4 records
Michael Charles financial estimates
Financial estimateRevenue estimate
Valuation estimate
Michael Charles leadership team
Management profileNumber of profiles
Michael Charles funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Michael Charles M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Michael Charles
What does Michael Charles do?
Michael Charles is an estate agency based in Camden Town, London that provides residential lettings, property management, and property sales services. The agency serves landlords by finding tenants and managing their rental properties, while also assisting tenants in locating residential accommodation in the North London area.
Is Michael Charles a public or private company?
Michael Charles is a private company. It is classified as unknown and is currently operating.
When was Michael Charles founded?
Michael Charles was founded in 1995. It employs 1 to 10 people.
Where is Michael Charles based?
Michael Charles is headquartered in London, United Kingdom, in the Europe region.
How does Michael Charles make money?
Two revenue lines are on record. Letting and Management Services are the primary driver. The others are administrative Services.
Who are Michael Charles's main competitors?
Emerging players on record are Nested and OpenRent. Broad incumbents are Foxtons, Knight Frank, Savills and Chestertons. Direct peers are Draker Lettings, Ludlow Thompson, Stirling Ackroyd and Benham & Reeves.
Does Michael Charles have an API?
No public API is recorded for Michael Charles.
What industry is Michael Charles in?
Michael Charles's product category is Residential Property Lettings. Its primary akta.pro industry code is FSAEAJAA, Residential Real Estate Brokerage (Buy/Sell), with a secondary code of BPAJAAAJ, Buyer Representation Services. Its NAICS code is 5312 and its SIC code is 6531.