R2R - High ROCE - London
About this property
A great opportunity to acquire a 4 bed apartment in a prime location for supported living or social housing.
Utilities setup is also available to make this a truly hands off investment.
Financials @ 70% occupancy (excluding management):
Investment required = £18,055
Average nightly rate = £400 (£100 per room)
Monthly profit = £3,545
Annual profit = £42,540
ROCE = 236%
Please contact for further information.
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.