Sourced Approved Investment

R2RSA in Birmingham West Midlands - Apartment

£ 875

Added: 02/04/2025

Profit pa£5,880

ROCE109%

Yield0%

Property description

Strategy: Serviced Accommodation

Sourced is pleased to present an exceptional opportunity - a stylish 1-bed apartment in the heart of Birmingham City Centre. This modern property offers a sleek and contemporary living space, featuring a bright open-plan lounge, a fully fitted kitchen and a spacious bedroom with ample storage.

Designed to a modern spec, the apartment is available furnished. It benefits from a well-appointed bathroom, clean aesthetic finishes throughout, and secure entry for added peace of mind.

The location is unbeatable, situated in the vibrant core of Birmingham City Centre, with Grand Central, the business district, and the Jewellery Quarter all within easy reach. With excellent transport links, restaurants, bars, and shopping on your doorstep, this is a prime SA opportunity.

The unit will comfortably accommodate up to 2 guests.

A full walkthrough video, location details, and a detailed financial breakdown are available on request.

Sourcing fee: £3,500

The Financials
Upfront costs:
▪ Rent: £875
▪ Sourcing fee: £3,500
▪ Deposit: £1,032

▪ Average nightly rate: £88
▪ Average occupancy rate: 70%

NET Investment Return Figures @ NR of £90
▪ £250.86 profit @ 60% occupancy
▪ £490 profit @ 70% occupancy
▪ £729.14 profit @ 80% occupancy
▪ £1207.43 profit @ 100% occupancy

Estimated cleaning costs per changeover (factored into profits already):
▪ Cleaning: £60
▪ Laundry & linen hire: £12 PP

Read more

Sourced reference: 349424994874124

Disclaimer

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.

Read more

Due diligence

No information supplied.

Sales Agent

Josh Rapley

Astra Property Group

Gain access to Sourced

Explore our full suite of property investment products and services.

Create a free account

Start exploring your Sourced dashboard

Create account

By proceeding you are agreeing to our
Terms of business and Privacy Policy

Ok message

Error message