Rent 2 Rent in Leeds, High ROCE
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.
This deal can generate high cashflow.
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 great opportunity to acquire a rent to rent apartment immediately next to Leeds Arena, benefitting both from a central location for all city amenities and high demand for arena events.
All furniture is priced into the deal, which includes a super king sized bed which is popular for guests.
Financial Information
Rental price (to pay): £1,200
Refurb/works cost: £0
Sourcing fee: £4,000
Monthly profit (£): £860
Annual profit: £10,320
Monthly rent: £2,310
Annual rent: £27,720
ROCE (%): 96%
Investment required: £7,900
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.