Sourced Approved Investment

Hammersmith London R2RSA London - Apartment

£ 3,300

Added: 19/11/2024

Profit pa£25,320

ROCE218%

Yield0%

Property description

Strategy: Serviced Accommodation

Source is delighted to present this stunning R2RSA opportunity in the vibrant Hammersmith area of Zone 1. This high-spec luxury apartment features 2 spacious double bedrooms, a beautifully designed fitted kitchen, and 2 modern bathrooms. The property also includes a private terrace, adding a touch of outdoor living to this elegant space. A turnkey management option is available for a hassle-free investment.

The apartment comes fully furnished and tastefully decorated, enabling the buyer to start renting it out immediately.

Financially, this property offers an excellent return on investment, with a projected net profit of £25,320 per year at just 70% occupancy. During the peak spring, summer, and autumn months, an 85% occupancy rate is highly achievable, maximizing its potential.

Located in the heart of London, the property is surrounded by major high-street shops, bars, and restaurants. With a tube station just a few minutes' walk away, this apartment combines convenience, luxury, and strong investment potential in one unbeatable package.

Term: Start with 2 years negotiable
(Will be automatically extended at the end of the term if both the landlord and the investors agree)


The financials:
▪ Purchase price: £11,600
▪ Rent: £3,300
▪ Deposit: £3,300
▪ Sourcing fee: £5,000
▪ Furniture: £0

▪ 50% occupancy: £430 PM
▪ 70% occupancy: £2,110 PM
▪ 100% occupancy: £4,630 PM

▪ Nightly rate £300
▪ Annual profit: £25,320 based on 70 % occupancy (conservative)
▪ Annual profit: £955,560 based on 100% occupancy
Figures include cleaning/OTA fees

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Sourced reference: 969361423387729

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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