Sourced Approved Investment

Stunning R2R Camden Zone1 London - House

£ 6,900

Added: 19/11/2024

Profit pa£40,400

ROCE177%

Yield0%

Property description

Strategy: Serviced Accommodation

Source is delighted to present this exceptional R2RSA opportunity in the sought-after Camden area of Zone 1. This high-spec, luxury property features four spacious double bedrooms, a stunning fitted kitchen, and three modern bathrooms. To the rear, a charming patio area in the garden offers the perfect spot to bask in the sun, while the front boasts a balcony for additional outdoor space.

The property is offered completely unfurnished, allowing buyers the chance to personalize this luxurious home to their own taste. Financially, this property promises outstanding returns, with a net profit of £33,370 per year at just 70% occupancy. During the peak spring, summer, and autumn months, an 85% occupancy rate is highly achievable, further boosting its potential.

Located in the heart of London, this property is close to major high-street shops, bars, and restaurants. With a tube station just a few minutes' walk away, the convenience and desirability of this property make it an unparalleled investment opportunity.

Term: 3/5 years negotiable
(Will be automatically extended at the end of the term if both the landlord and the investors agree)


The financials:
▪ Purchase price: £20,900
▪ Rent: £6,900
▪ Deposit: £0
▪ Sourcing fee: £8,000
▪ Furniture: £8,000

▪ 50% occupancy: £310 PM
▪ 70% occupancy: £3,370 PM
▪ 100% occupancy: £7,960 PM

▪ Nightly rate: £600
▪ Annual profit: £40,400 based on 70 % occupancy (conservative)
▪ Annual profit: £99,552 based on 100% occupancy

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Sourced reference: 479542968472718

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.

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Due diligence

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