Sourced Approved Investment

5 Star Rent-to-SA North West - Apartment

£ 1,900

Added: 12/11/2024

Profit pa£12,000

ROCE360%

Yield0%

Property description

Strategy: Rent to Rent

Luxury Stays for Executive Travellers in Manchester

Sourced agent, Bolu Asipade a serviced accommodation specialist is pleased to present this 5-star luxury stay investment opportunity in Manchesters most vibrant district. Each of our world-class rooms and apartments combines elegance with practicality, offering top-tier amenities, meticulous cleanliness, and a location that puts the best of Manchester within reach. Invest in serene, sophisticated spaces, creating spaces for guests to enjoy seamless access to the city’s finest dining, culture, and entertainment.

Invest in creating an experience of comfort, style, and convenience—all curated for an exceptional stay.

Our UK team has delivered 5-star luxury stays across five major cities, with Manchester at the center of it all.

Further details are available on request.

The financials:
▪ Rent: £1,900
▪ Ongoing monthly costs (incl. bills): £425
▪ Average nightly rate: £140
▪ Revenue at 80% occupancy: £3,900
▪ Revenue at 90% occupancy: £4,387

▪ Deposit: £2,300
▪ Other costs: £2,300
▪ Sourcing fee: £3,500
▪ Total cash required: £10,000

▪ Monthly net profit at 80%: £1,014
▪ Monthly net profit at 90%: £1,433

▪ Profit over 3-years assuming no increase in nightly rates @80%: £36,504

▪ Profit over 3-years assuming no increase in nightly rates @90%: £51,588.

Read more

Sourced reference: 374187263659725

Location map

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

Miss Theresa Ochiba

Sonntags Property Managaement

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