Sourced are pleased to present another fantastic opportunity, a lovely 5-bed house available for R2RSA in Aylesbury on a 5-year agreement. The property has recently been fully renovated and benefits from off-street parking. The house benefits from 5 stunning bedrooms, 2.5 bathrooms, a fully equipped kitchen and a reception room. The property is in a fantastic area for serviced accommodation, with demand from both corporate and leisure guests in the area. Aylesbury town centre is a short 10-minute drive away and a number of industrial parks and business centres are nearby.

The unit will comfortably be able to sleep up to 12 guests. The total rent payable for the unit is £2,700 which does not include bills. The figures provided also allow for management costs and OTAs and the profit is net after all costs.

The unit is available on a 5-year contract and we are happy to add in break clauses that you're comfortable with. This investment will be fully managed by our managing agent, making it as hands-off as possible for you. The property will be vacant so our interior design team will furnish, set up the property and get it marketed for you. We'll also get you set up on our online platform so you have full visibility of bookings/revenue. The management fee is 14% + VAT of net revenue. This includes full management covering everything from check-ins, check-outs, cleaning and maintenance.

Our figures give expected profits at 70% and 85% occupancy. These two percentages are used as across our portfolio of 350 units, our average occupancy rate is 70% in the off-peak months and 85% in the peak months. We will only take units on that will also achieve this figures as maintaining these averages across the units we manage is incredibly important for us and of course you the investor.

We encourage our investors to pay the hard furniture off monthly to reduce the initial investment. This payment will be relatively small compared to paying upfront and is already accounted for in our figures. Furthermore, you will own the furniture as opposed to leasing it. We can refer you to our finance provider who will arrange this for you.

A video walkthrough, location details and a detailed financial breakdown are available on request. Please note the unit will be vacant and fully set-up by our award winning interior design team.

Sourcing fee of £4,500 inc. VAT applies.

The Financials
▪ Rent: £2,700
▪ Bills (including furniture payments): £735
▪ Average gross nightly rate: £336
▪ Revenue at 70% occupancy: £7,155
▪ Revenue at 85% occupancy: £8,688

▪ Deposit: £2,700
▪ Sourcing fee: £4,500
▪ Set up/soft furnishings: £3,500
▪ Total in: £10,700

▪ Monthly profit at 70%: £1,808
▪ Annual profit at 70%: £21,700
▪ Profit over 5 years at 70% (assuming no increase in nightly rates): £108,501

▪ Monthly profit at 85%: £2,932
▪ Annual profit at 85%: £35,183
▪ Profit over 5 years at 85% (assuming no increase in nightly rates): £175,916

▪ ROCE over 1 year at 70%: 203%
▪ ROCE over 5 years at 70% (assuming no increase in nightly rates): 1014%
▪ Months till profit: 6

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.