Front of the property
Latest Valuation
£4,250
ROCE
%
Location

Newly Refurbished R2R SA Opportunity in London

Turnkey Investment
Guide Price
£4,250

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Key Features

  • Large, newly refurbished house
  • Prime location near Heathrow Airport
  • 3 x 1 beds and 2 x studios, all with en-suites
  • Brand new furniture and white goods
  • Perfect for business commuters
  • 220% ROCE

The Property

Newly refurbished rent to rent, serviced accommodation property offering a turnkey investment.

Brand new furniture including white goods.

3 x 1 Beds sleeps up to 2 guests, sleep up to 4 with sofa beds in lounge.
2 x Studios sleeps up to 2 guests.

Each apartment has recently undergone a full modern refurbishment to a high standard.
Brand new furniture and white goods included (beds, wardrobes, oven, fridge, freezer, hob, cooker hood).
Little to no set-up costs, only basics needed such as kettle, toaster, kitchen utensils and bedding.
Hands off business model if using a management company therefore investor can be based anywhere.

Arranged over three floors accommodation comprises of five bedrooms, four of which boast of private lounges and all FIVE comprising of private shower rooms/WCs. Accompanying the above mentioned is a large kitchen/ diner fitted with double appliances and finished with granite worktops as well as two utility cupboards and a large and airy entrance hall. To the outside can be found a brick paved rear garden, front garden and on street parking. The property also benefits from CCTV, gas central heating, double glazed windows, secure entry system, heat/ smoke detectors, pre-wired SKY TV and internet.

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.

Nightly rate weekdays £55 - £70 depending upon season, Sunday to Thursday. Average Rate £65 per night, per apartment.
Nightly rate weekends £75 - £95 depending upon season, Friday & Saturday. Average Rate £85 per night, per apartment.

Figures based on average rate per night.

Total £2475 per week at 100% occupancy. All 5 Apartments.

Realistically expect 80% if the business is marketed and operated correctly.

Below are the figures based on a 80% annual occupancy.

£1,980 x 52 weeks = £102,960 annual income (at 80% occupancy)

£102,960/ 12 months = £8,580 monthly income

£8580 - rent £4250 - bills £750 = £3,580 monthly profit

£42,960 annual profit

£42,960 x 3 year contract = £128,880

Initial outlay costings.

£10000 fee
£4250 rent
£4250 deposit
£1000 kitchen ware & TV.

Total = £19,500

ROCE 220% for the 1st year.

(Please bear in mind there is no sourcing fee or deposit for years 2 & 3 since these have already been paid in Year 1 therefore giving a much higher ROCE for subsequent years).

Planning Information

N/A

Floorplans

The Plan

To take the property and run as serviced accommodation

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

Terms are negotiable.

Introduction to management company if you wish to have hands off business model in place.

The Location

Hounslow offers an easy route into London, this property is conveniently sited 0.6 miles from Hounslow West Underground Station.

The property is located within walking distance to Hounslow Town Centre, with a variety of shops, restaurants and bars. Local bus services and rail stations are also walking distance from the accommodation with London Heathrow Airport only 20 minutes drive away.

This property would be perfect for business travelers, shopping trips to London, singles, couples & holiday makers.

Average estimated value for a house in TW4

£

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

Nightly rate weekdays £55 - £70 depending upon season, Sunday to Thursday. Average Rate £65 per night, per apartment.
Nightly rate weekends £75 - £95 depending upon season, Friday & Saturday. Average Rate £85 per night, per apartment.