Property Investor - Wolverhampton - Ref: 157

Property Information

Ref ID: 157

Date available:

Furnishing: Not Specified

Property type: Apartment

 

Details

3 Year Rent to Serviced Accommodation Opportunity

Readymade 2 x 1 Bedroom Apartments

Hounds Gate, Nottingham, Nottinghamshire, NG1 6BA

Rent to Landlord = £1,500 PCM Per Apartment

Finder¢--s Fee = £3,000 + Vat Per Apartment

Potential Gross Income Based on 70% Occupancy = £5,110 pcm = £61,320 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £2,690 pcm = £32,280 per annum

Cashflow Over 3 Years = £96,840

Self Managed = £3,610 pcm = £43,320 per annum

Cashflow Over 3 Years = £129,960

For a limited time only, we have managed to secure a readymade two apartments within walking distance proximity to Nottingham City Centre and Nottingham Castle and all local attractions

The property has management and cleaning services in place. It is currently used as serviced accommodation for an average of £120 per night per flat.

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