Latest Valuation
£
ROCE
615%
Location
Birmingham

Amazing R2SA Opportunity in Birmingham Near Airport and NEC

Take the property and operate as serviced accommodation. Can be managed by a management company, makes this deal an armchair investment.
Guide Price
£695

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Key Features

  • ROCE 615%
  • Near Airport and NEC
  • Parking included
  • Fully furnished
  • Low initial investment
  • Armchair investment

The Property

1 Bed Apartment in Birmingham, parking included.
Fully Furnished
High end furnishings

Investment Required:
Sourcing fee: £4,000
Rent: £695
Deposit: £695

Total: £5,390

Selling office: Sourced Manchester Central

Planning Information

N/A

The Plan

To take the property and operate as Serviced Accommodation. We can put you in contact with a management company this makes the deal an armchair investment.

Offered on a 3 year rent to rent contract with annual break clauses to give you flexibility.

The financials:
▪ Rent: £695
▪ Sourcing fee: £4,000
▪ 70% occupancy at 3 year annual profit: £28,656
▪ ROCE: 531%
▪ 80% occupancy at 3 year annual profit: £33,156
▪ ROCE: 615%

The Location

Perfect Location for Travellers, business people, contractors & NEC exhibitions

Close to amenities and shops

5.3 miles to Birmingham Airport

Average estimated value for a house in B36 0ET

£

Figures are based on annual averages since this is a seasonal business & spring/summer months will achieve higher nightly rates & occupancy levels than winter months.

The averages are based on 12 months bookings. Cleaning fee is paid by guests in addition to the nightly rate when they make their booking.

If business is operated & marketed correctly then over 80% occupancy can be achieved.

Average rate of £90 per night based on up to 2 guests. Add £15 per person per night for additional 2 guests with a sofa bed in lounge giving £110 per night for 4 guests.

Revenue based on up to 2 guests at £90 per night.

Monthly Occupancy 70% = £1,911 pcm revenue
Monthly Occupancy 80% = £2,184 pcm revenue

Costs pcm:

Rent £695
Council Tax £125
Gas/Elec £150
Wifi £25
Total £995

70% = £1,911 pcm revenue - £995 expenses - 15% management fee = £778.60profit

80% = £2,184 pcm revenue - £995 expenses - 15% management fee = £1010,65 profit

70% Annual Profit = £9,552
3 Year Annual Profit = £28,656
ROCE- 531%

80% Annual Profit = £11,052
3 Year Annual Profit = £33,156
ROCE-615%

PLEASE CARRY OUT YOUR OWN DUE DILIGENCE.

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