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Rent-to-rent · Serviced Accommodation · Flat · 1 bedroom · 1 bathroom
Listed 13 Oct
Figures provided by the sourcer · return on setup is a year's profit over the setup costs, deposit and sourcing fee ·
The head lease of the building does allow Airbnb guests to stay, and the landlord is open to a 2-to-5-year lease company let. The property is close to Sheffield University and the hospital which attracts student parents and doctors.
The property is rented from its landlord and let on. Nothing is bought.
The sourcer confirms the landlord has agreed in writing to the property being sublet, and to serviced accommodation where that is the plan.
At £75 a night over a 30-night month. The sourcer expects 80% occupancy.
| Occupancy | Income a month | Profit a month |
|---|---|---|
| 50% | £1,125 | £100 |
| 70% | £1,575 | £550 |
| 80% | £1,800 | £775 |
| 100% | £2,250 | £1,225 |
Founder of Platinum Property Academy. 600+ property deals completed, 200+ investors supported and £57M+ of client assets created, alongside a £5.2M personal portfolio.
“From the outset, Lewis was clear about the potential of the project, including the expected development costs, rental potential and target end valuation. I’m pleased to say that, following completion of the development and refinance, we achieved the GDV that was projected at the start of the project.”
“Communication was seamless throughout the entire journey. The staff was always prompt, responsive, and transparent, making sure I was well-informed and comfortable at every stage.”
Public register checks relate to the registrations shown. The sourcer keeps responsibility for their regulatory duties and investor checks.
Investors should carry out their own due diligence before proceeding with any investment.