Rent 2 Rent in Norwich, High Cashflow

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.
This deal can generate high cashflow.
The agent has highlighted that this deal is projected to achieve a high occupancy rate due to high demand in the local area.
This deal is suitable for first time investors.
This deal is suitable for hands off investors, suitable for investors with limited time or for overseas investors.
The agent has highlighted that this deal offers a high return on capital employed, allowing your investment to work hard in generating you income.

A low-capital entry into serviced accommodation. Operated as a short-stay let, targeting contractors, business travellers, visitors and relocating guests in Norwich. The rear parking is a useful selling point against competing listings. Full management is available to make it a truly hands off investment.

Financial Information
Rental price (to pay): £795
Refurb/works cost: £0
Sourcing fee: £4,000
Monthly profit (£): £1,170
Annual profit: £14,043
Monthly rent: £795
Annual rent: £9,540
ROCE (%): 155%
Investment required: £9,085