Property Investor - Wolverhampton - Ref: 364

Property Information

Ref ID: 364

Date available:

Furnishing: Not Specified

Property type: Flat

 

Details

3 Year Rent to Serviced Accommodation

Readymade One Bedroom Flat

Boundary Road, Great Yarmouth, NR31 0JY

Rent To Landlord = £550 pcm

Finder¢--s Fee = £3,000 + VAT = £3,600

Potential Gross Income Based on 70% Occupancy = £2,129 pcm = £25,548 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £996 pcm = £11,952 per annum

Cashflow Over 3 Years = £35,856

Self Managed = £1,379 pcm = £16,548 per annum

Cashflow Over 3 Years = £49,644

For a limited only, we have managed to secure a three year rent to serviced accommodation opportunity within proximity to Great Yarmouth Town Centre.

The property is newly refurbished and briefly comprises own front door into lounge, kitchen, shower room, and one single bedroom off of the hall.

The property being small is cheaper to heat than larger properties. It runs off of electricity so there is no gas bill.

The property is conveniently situated in a prime location close to Harfrey‘s industrial estate, pleasure beach, primary schools, and just a short walk to Gorleston High Street.