1-Bed R2RSA - Gloucester
About this property
The proposed strategy is to lease the property from its owner and operate it under the agreed subletting model. The opportunity offers a lower ownership requirement, while performance depends on occupancy, operating costs and landlord consent.
Financial Information
Rental price (to pay): £1,100
Refurb/works cost: £0
Sourcing fee: £4,000
Monthly profit (£): £938
Annual profit: £11,256
Monthly rent: £2,338
Annual rent: £28,056
ROCE (%): 120%
Investment required: £6,600
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.