3-Bed R2RSA in London
About this property
3-Bedroom Central London Apartment
This fully furnished 3 Bedroom, 2 Bathroom, first floor apartment is in St John’s Wood, near Lords Cricket Ground. It is thoroughly well presented throughout with the ideal home-from-home feel for Serviced Accommodation.
The transport links, amenities and local places to enjoy are second to none:
• 10-minute walk from St John’s Wood Station
• Excellent transport links into Central London
• Close to Camden, Regent’s Park and Primrose Hill
• Nearby shops, cafés and local amenities
• Located in a sought-after residential area
• Easy access to Baker Street, Marylebone and the West End
Financials with 70% occupancy - Excluding management fees:
Monthly profit: £2,660
Annual profit: £31,920
ROCE: 183%
Monthly Rent: £4,050
Deposit: 5 weeks Rent
Sourcing Fee: £4,000
Investment required: £8,050
I’d be happy to discuss this further with you
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.