Property Investor - Wolverhampton - Ref: 118

Property Information

Ref ID: 118

Date available: 25-Jan-2022

Furnishing: Not Specified

Property type: House

 

Details

3 Year Rent to Serviced Accommodation

Readymade 3 Bedroom House

Goudhurst Close, Canterbury, CT2 7TU

Rent to Landlord = £1,495 pcm

Finder¢--s Fee = £4,000 + Vat

Potential Gross Income Based on 70% Occupancy = £3,194 pcm = £38,328 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £1,124 pcm = £13,488 per annum

Cashflow over 3 years = £40,464

Self Managed = £1,699 pcm = £20,388 per annum

Cashflow over 3 years = £61,164

For a limited time only, we have managed to secure a readymade three bedroom house within proximity to Canterbury City Centre.

The property comes unfurnished, the investment required is £2,500 for furnishings.

The property is currently being used as a student let and is currently occupied - the contract would start from the start of July 2022. Given the success as student let, there is also scope to continue running the property as a student let but with increased rents

The property is conveniently situated in a popular location with easy access to great transport connections, city centre, local shops, and all local amenities the city has to offer.