£ 1,450
Added: 07/04/2025
Profit pa£12,924
ROCE135%
Yield0%
Strategy: Rent to Rent
Sourced are excited to be able to offer No Deposit now on our Swindon unit with a start-up cost of only £8,150 and the month of April free!
These apartments are the epitome of elegance and comfort, providing a chic and modern lifestyle for those seeking the very best, including a private rooftop garden with stunning views! Boasting an impressive array of energy-efficient features, these state-of-the-art residences are designed to cater to your every need, while also being environmentally conscious.
Swindon is home to several major corporations, including Intel, Nationwide, and Zurich Insurance, making it a bustling business hub. This attracts a consistent flow of corporate travellers who favour serviced accommodations for longer stays. Its strategic location between London and Bristol, along with excellent transport links (M4 motorway, direct rail services), offers great convenience for business visitors. Additionally, Swindon provides attractions such as the STEAM Museum of the Great Western Railway, the Designer Outlet Village, and scenic spots like Lydiard Park, making it an ideal base for tourists exploring the surrounding areas.
▪ Comfortably able to sleep up to 6 guests
▪ Rent payable for the unit is £1,450pcm (not including bills)
▪ Average nightly rate: £135
▪ Excellent anticipated occupancy
▪ Unit is available on a long term contract
▪ Completely hands off property management including furniture provision available
Pictures, location details and a detailed financial breakdown are available on request.
Sourcing fee of £4,000 Inc. VAT applies.
Financial Analysis
Setup Costs
▪ Deposit: £150 Deposit Insurance Scheme
▪ April rent free
▪ Sourcing fee: £4,000
▪ Estimate Soft Furnishings & Set-up Costs: £4,000
▪ Total Upfront Cash Required: £9,600
Ongoing Costs
▪ Rent: £1,450
▪ Estimated bills (inc utility, council tax, insurance): £125
Profit Calculations
▪ Revenue at 80% occupancy: £3,600
▪ Monthly NET profit at 80%: £1,077 (after full management)
▪ Annual NET profit at 80%: £12,924
▪ ROI over 1 year at 80%: 135%
Please note profit calculations have been carried out based on 4 guests. This property, however, can comfortably sleep up to 6 guests which would increase unit profitability further.
Sourced reference: 158181258115137
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
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