£ 850,000
Added: 22/04/2025
Profit pa£38,250
ROCE15%
Yield10%
Property description
Strategy: Serviced Accommodation
"5-Bed Detached SA in Brighton"
This is a 5-bedroom, detached serviced accommodation property in Brighton, which sleeps 16. It is fully refurbished and beautifully interior designed. It also has private garden and parking space. The price includes all furnishings, fittings and hot tub - An established business ready to go with bookings in place. Ample opportunity to extend current rental.
The financials:
▪ Purchase price: £850,000 fully inclusive
▪ Annual profit: £38,250
▪ Annual rent: £90,000
▪ ROCE: 15%
▪ Gross yield: 10%
▪ Deposit and legals: £289,400
▪ Sourcing fee: £10,000
Sourced reference: 666938286731761
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.
Due diligence
Brighton is a coastal town, just 47 miles south of London. The tourism industry in Brighton is well established with both domestic and international travellers. Hotels and holiday accommodation enjoy year-round occupancy rates of 80%. 5 bedroom properties in this area can reach over £1,000,000.
