Latest Valuation
£995
ROCE
%
Location

Turnkey R2R Serviced Accommodation in Manchester

Rent to Rent Serviced Accommodation 5 Minute Drive From Manchester Airport
Guide Price
£995

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Key Features

  • Potential ROCE 159% for the 1st year
  • 5 minute drive from Manchester Airport
  • Excellent communal space

The Property

Rent to Rent Serviced Accommodation.

Turn Key Opportunity

Sleeps up to 6 guests. Can sleep up to 8 with sofa bed in lounge.

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

Property secured at £995
Complete 3 bed house ready to be ran as serviced accommodation.
5 minute drive away from Manchester Airport.
3 Double Rooms, Private Kitchen, Conservatory, Lounge, One Bathroom, One WC & Garden.
Potential ROCE 159% for the 1st year

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 £70 - £100 depending upon season, Sunday to Thursday. Average Rate £85 per night.
Nightly rate weekends £120 - £150 depending upon season, Friday & Saturday. Average Rate £135 per night.

Sleeps up to 6 guests but could sleep up to 8 with sofa bed in lounge area.

Figures based on average rate per night.

Total £695 per week at 100% occupancy.

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

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

£695 per week equates to £556 per week at 80% occupancy.

£556 x 52 weeks = £28,912 annual income

£28,912/ 12 Months = £2,409 monthly income

£2409 - £995 rent - £350 bills = £1,064 monthly profit

£12,768 annual profit.

£12,768 x 3 year contract = £38,304.

Initial outlay costings.

£3000 Fee
£995 Rent
£995 Deposit
£3000 Furniture

Total = £7,990

ROCE 159% 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

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.

The Location

M23 Wythenshawe is located out the outskirts of Manchester only a 5 minute drive from Manchester Airport. Ideal location for night stays which are very popular in this area for families or large groups. It is surrounded by some of the affluent areas in the UK, Altrincham and Hale lie to the south-west, Sale to the north-west and Cheadle to the east. Manchester Airport, the third largest in the UK, is immediately to the south.

Average estimated value for a house in M23

£

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

Nightly rate weekdays £70 - £100 depending upon season, Sunday to Thursday. Average Rate £85 per night.
Nightly rate weekends £120 - £150 depending upon season, Friday & Saturday. Average Rate £135 per night.