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.

A furnished rent-to-rent property in a commuter-friendly spot near the city, with easy access to the A47 and A11. Its standout feature is parking for about four vehicles (two on the driveway, two to three on the grass beside the house), which is exactly what contractor teams want for securing their vans and tools.

Highlights

• Demand: Trades and contractor teams who need private, secure van parking
• Furnished: Furnishings in place, needing only styling and a light uplift
• Low maintenance: Large rear garden, mostly paving slabs

Fully managed, as hands-on or off as you like.

The figures below represent a 70% occupancy and 15% management fee.

Financial Information
Rental price (to pay): £3,200
Refurb/works cost: £3,000
Sourcing fee: £4,000
Monthly profit (£): £1,932.15
Annual profit: £23,186
Monthly rent: £3,200
Annual rent: £38,400
ROCE (%): 127%
Investment required: £18,200