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Rent to Rent Serviced Accommodation Manchester City Centre

Hands-Off Business Model if Operated by Management Company
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Key Features

  • BMV rent of £105pcm
  • Central location
  • Fully furnished and ready to operate as SA
  • 5mins walk to Oxford Road train station
  • Highly sought after location

The Property

Fully furnished to high standard, studio apartments in heart of Manchester city centre.

Floor print of a studio apartment but best described as small 1 bed apartments as living room & kitchen are separate to the double bedroom which has ensuite bathroom.

Each studio apartment is secured at below market value rent of £695pcm instead of market value rental of £800pcm.
City Centre studio apartments in sought after central location in heart of city centre.
5 x Studio Apartments available immediately.
Fully furnished, including sofa, table & chairs, TV, fridge freezer, microwave, kettle, toaster, kitchen utensils, pots, pans, dinner sets, cutlery & even bedding is included..
Little to no set-up cost as already operating with everything in them.
Hands off business model if using a management company therefore investor can be based anywhere.

• Rent is £105pcm below market value for this building & location. Like for like studios are £800pcm in this building.
• Fully furnished and ready to operate as serviced accommodation. All furniture, TV & kettle, toaster, kitchen ware & bedding included meaning little to no set up costs for you.
• Central location short walk to restaurants, bars, cafe's, shopping, business's & everything city centre has to offer including Manchester's vibrant nightlife.
• 10mins drive or 15mins on tram to Manchester United/Manchester City football stadiums & Old Trafford cricket ground.
• Oxford Road train station 5mins walk. Piccadilly train station 10mins walk. Tram station 5mins walk.
• Highly sought after location for tourists, shopping, business travellers, couples, leisure breaks and overseas students.

Sleeps up to 2 guests but could sleep up to 4 guests if using a sofa bed in lounge area.

Total £500 per week at 100% occupancy.

Realistically expect 80-90% occupancy per month if the business is operated & marketed correctly.

Below are figures based on an average of 80% annual occupancy:

£500 per week gives £400 per week at 80% occupancy.

£400 x 52 weeks = £20,800

£20,800/ 12 Months = £1733

£1733 - £695 rent - £300 bills = £738 profit per month per apartment.

£8,856 annually profit x 5 apartments = £44,280 annual profit.

£44,280 x 3 year contract = £132,840

Gives £955 per month profit per unit at 90% occupancy.

Initial outlay per studio:

£3,000 (it would cost this much just to set up each unit with furniture, tv, white goods, kitchen ware & bedding)
Rent £695pcm
Deposit £695

Total £4390

ROCE 201% 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).

Which property investment can give these kind of returns for a turn key low entry cost of £4,390 per unit.

Planning Information


The Plan

To take the properties 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.

Rent to Rent Serviced Accommodation.

Turn Key opportunity

Sleeps up to 2 guests.but can sleep up to 4 guests with sofa bed in lounge.

Hands off business model if operated by management company which we can introduce you to.

The Location

M1 occupies a prime location in the heart of Manchester, between Piccadilly and Oxford Road train stations. Sought after location is perfect for both leisure and business clients of all ages, with guests able to enjoy a variety of amenities on their doorstep.

Within short walking distance of the central shopping district & close to many major companies. Piccadilly Train Station, Printworks, Oxford Road, many restaurants, bars, cafes & vibrant nightlife of Manchester all less than 5mins walk away.

Manchester City Etihad Stadium is within 2 miles, Manchester United Old Trafford Stadium is within 3 miles, Old Trafford cricket ground is within 3 miles, Trafford Centre is within 4 miles & many other attractions within 10 minutes drive away. Piccadilly & Oxford Road train station is 5 minutes walk & Piccadilly train station is 10 minutes walk.

Average estimated value for a house in M1


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 £60
Nightly rate weekends £100