R2RSA in Rugby
About this property
An excellent opportunity to generate upwards of 150% net returns on this turnkey rent to rent deal in Rugby. Full set up including all furnishings is already built into this deal, however it can be made available unfurnished too which would reduce the monthly rent by £150 and deposit by £800.
Full management service is also available @ 15% if required, along with utilities setup to make this a truly hands off investment.
Renovation works are almost complete, so updated photos will soon be available.
Financials @ 70% occupancy (based on fully furnished excluding management):
Investment required = £7,050
Average nightly rate = £110
Monthly profit = £1,288
Annual profit = £15,456
ROCE = 169%
Please contact for further info.
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.