I've seen a number of assured rentals on this site and in my view they are misleading.
What is not clear (although it is hidden in the materials) is that the valuation is presented on a commercial basis. This valuation is materially higher than a normal 'retail' valuation. This is all well and good if you are happy with the returns they deliver. However, getting your money back on exit would also be dependent on the property being sold as a commercial proposition (presumably with a tennant in situ). If it cannot then a loss is almost a certainty.
I wholly agree. I've only got 1 rental, I didn't realise that it was massively overpriced when it was bought (vs the prices that private houses have sold for in the same street) and the first years's return was terrible <3% and that was after THC forgoed their cut. This year, the property has been fairly empty, so I'm not expecting a good return this year either.