R2R 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.
This deal is suitable for first time investors.

A great opportunity to purchase a rent to rent 3 bedroom house in an ideal location for UEA and Norfolk/Norwich University Hospital.

This property is well placed for both corporate and tourist bookings alike, meaning the demand along with occupancy levels should be strong.

Financial Information
Rental price (to pay): £1,095
Refurb/works cost: £2,500
Sourcing fee: £4,000
Monthly profit (£): £925
Annual profit: £11,100
Monthly rent: £2,520
Annual rent: £30,240
ROCE (%): 103%
Investment required: £7,595