£ 1,500
Added: 06/12/2024
Profit pa£9,360
ROCE158%
Yield0%
Strategy: Rent to Rent
Sourced agent, Bolu Asipade a serviced accommodation specialist is pleased to present this 5-star luxury stay investment opportunity in one of the most beautiful cities in the Lake 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 the Lake District 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 currently manages 5-star luxury stays across several cities across the UK including London, Bournemouth, Brighton, Manchester and the Lake District.
Further details are available on request.
The financials:
▪ Rent: £1,500
▪ Ongoing monthly costs (incl. bills): £1,170
▪ Average nightly rate: £199
▪ Revenue at 60% occupancy (year round average): £3,727
▪ Deposit: £1,800
▪ Soft Furnishing: £1,200
▪ Sourcing fee: £3,500
▪ Total cash required: £7,500
▪ Monthly net profit at 65%: £1,057
▪ ROCE: 158%
▪ Months till break-even: 8 Months
▪ Profit over 3-years assuming no increase in nightly rates @65%: £38,052
Sourced reference: 477536344187148
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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