R2R in Norwich, High ROI
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.
The property offers a high return on investment.
A great opportunity to acquire a large R2R house with vast space in and out, situated in a prime location for University of East Anglia and other local amenities.
Financial Information
Rental price (to pay): £2,750
Refurb/works cost: £0
Sourcing fee: £4,000
Monthly profit (£): £2,745
Annual profit: £32,940
Monthly rent: £6,195
Annual rent: £74,340
ROCE (%): 190%
Investment required: £10,450
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.